13 replies to this topic

[traderpaul]

Mr. ABC (not real name) high on this list is not a market timer.....Just a great stock picker.....Did very bad in last bear market.....Mr. XYZ ( not real name) is a market timer.....was wrong for more than a year.....Came back with above average on the list....

[securelstmile]

btw, it only takes one good call and one good trade to make a lifetime of trading profits.

there is more than one way to make it in this biz

I would rather make one good trade...than have much knowledge and trading skills

example...in the 1980's I helped someone learn to trade that did not even know how to type or use a computer or trading platforms...she made one good trade with $60k that resulted in excess of $800k...two other good trades during the internet bubble days...she performed this way because she gets it:

progress not activity is what matters.

quality first

da chief rules in my opinion. why do some not choose to learn from a guy that offers his wisdom?

Very good post.

I agree, da chief is one of my favorite posters.

[pdx5]

Dear Mr. Hiker.....I agree 100% with you in that one good trade is better than a thousand trades to get you to the same place. My only point, somewhat in jest, was to point out why Da Chief is missing from that list. If you observe, all those people in that list have made a ton of calls. There is no one with very few calls.

[Russ]

Who is that?

No, my favorite bond guru, whose timely bond crash calls (once in May and again last month) made me tons of money, is not on the list.