CYOF
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Mr. Charts said:cyof,
I seem to have hit a sore, very weak spot.
One little example:
you say,
"so if you have $50K trading account - you have $400K buying power,"
No, factually wrong. You do not get 8:1 margin with direct access trading.
You have given people a statement which is out by exactly 100%.
Simple arithmetic needs to be got right, don't you think?
I have already helped you with very basic time and sales screen reading on another thread where you had completely been mistaken in your basic understanding........despite all the years of your trading............ At the time you had the grace to admit as much and credit to you for that.
In many other threads you have described yourself as knowing nothing and yet decide to create a "teaching" persona.
I could go on and on, but I really cannot be bothered.
Aha, you see Mr Teacher, I was wrong, and you are 100% correct, and the reason I was wrong, is because I am dealing with too many dunces on this site, and it is starting to rub off on me, and that is why I am taking leave.
My intuition is always correct, and I was also very wrong in another judgement call that I made, but I will not make the same mistake again, guaranteed.
It was an error -I WAS WRONG.
$400K is what is in my own account - which I have just re-stocked recently, for OPTIONS TRADING, and I apologise to all Paddys for the confusion.
And I still believe I know nothing about anything - and will always believe so.
Now, my good sir, you no longer have my respect, and you friendship with certain people will not save you from my criticisms.
You are a SELLER - no better than Ken Calhoun.
Your short trading video, apart from our discussion on the colours of the bid /ask, which btw, varies with the software used, is mediocre at best.
It is of limited value, and it has all the hallmarks of a salesman.
You shout out "Now", as if you were shouting at a child.
Any worthwhile trader does not SELL, he assists others who are interested and are of the same way of thinking. Trading is an Art, not a way to take money from those who want to try and learn, but not many here are interested in the art of trading, it appears.
You all cut down citybulls.com, but guess who is laughing at you all, really.
Bulldozer has a fee of £400 for one reason, and one reason only, to keep out the time wasters, and it now has become necessary to appoint a watchman, whom you know quite well, and respect. Any £400 paid goes to charity.
I am amazed at how many here think that we have real professionals on this site - we have nothing here but mediocre traders, and since my eyes have now been opened to the art of trading, all of my previous posts in relation to what all the traders on this site - bar a few whom everyone knows, and I am not speaking of the usual salesmen here - are null and void.
Continue to look for petty errors, which anyone with any little cop on would know was a genuine error, and continue to speak with so called professional traders, those that trade for a living, but, remember, that is all that they will ever do, trade for a living, they will never trade for the Art of trading, which is where the Big money is.
I will leave you to try and persuade some more punters, although i think you will not get too many Irish, for us Irish have a keen sense of smell, and we know when things are not right.
As for the so called psyco, I will deal with him next, time permitting.
I will make time, as he also needs a telling off, for he seems to always TELL people what to do.
Toodle Pip.