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Politics : High Tolerance Plasticity
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To: augieboo who wrote (19899)7/17/2003 9:30:24 AM
From: chowder  Read Replies (2) of 23153
 
Well, what do you know! SI reinstated me after abruptly cutting me off without warning. Thanks Augie. I wouldn't have known if it weren't for your post.

KB,

As you know, I have been researching the results of professional traders. I have come across some traders that we don't hear about who have had incredible success. We don't hear about these traders because they don't manage money for the public. They trade for institutions and themselves.

These traders aren't out for the notoriety as they don't need it. Their results speak for themselves. There are two traders who trade for William O'Neill's organization of Investor's Business Daily fame, who have had some incredible returns.

One of these traders recently had a 3200% profit over an 18 month period. 3200%? I wouldn't have believed it if you told me that but, I've got it right here in front of me. It was verified in an interview by TradingMarkets.com and I've got the book right here in front of me.

You aren't going to believe the results of his partner. Try over 70,000% over a 4 1/2 year program. YOU HEARD ME RIGHT! 70,000%!

These guys are running lots of institutional money and they admit these sort of returns aren't consistent. Some years they only do 500%, others 100%.

I'm getting some terrific ideas on how they accomplished those results and it's giving me an entire new outlook on the market.

I've got some more reading to do on other successful traders. I'll keep you posted on what I find out.

70,000%! Good grief! I think I'll settle for triple digits per year. I don't want to be greedy. <lol>

dabum
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