I second what Steve said here about you openeing up your own hedge fund, where the goal is to use other people's money. From everything I have been able to read about other traders and their performance, yours success rate is I would say in the top one percentile of traders which is ery, very unusual performance. The traders who have attempt trading and have ended up managing to perform as well as you are at least 1 in a thousand. And I think I am being conservative here.
You probably are better than most traders of the floor trading for their own account who have decades of trading experience, and own their own seat on the exchange floor. The floor traders are some of the best minds in the country who trade. And here you manage to do this off of the floor! Over 90% of the floor traders get washed out their first year. If they break even that year, then the probablility of them surviving as a floor trader dramatically improves. And many of the top traders only broke even their first year on the floor. This is what I have read. Heck, there are very successful commodity pit traders who have not performed as well as you have. So for you to be doing this at home, paying the comissions, having the spread work against you, and not having the other benefits related to floor trading is nothing short of incredible. And I may add here that you are limiting yourself by trading off of the floor unless you strictly trade NASDAQ stocks Also, not trading with other people's money is also a self-imposed limitation. So I guess what it means to limit oneself can take on a different definition for each person.
Matter of fact, if you can prove your performance and teach your methods, I would be willing to pay you $5,000 for your time. And I am sure many others would be willing to do the same. What is this, one weeks earnings for you? But multiply this out by lets say 100 people for a week long seminar, you end up with $500,000 gross. One hallf of a million dollars gross for one week of your time. This is what you have been missing out on.
You must be short-changing yourself in a big way.
Bob Graham |
