Quote:
Originally Posted by sha
Makila, actually in my own blog, I described how he guaranteed my account when I tried to revoke the LPOA at 50% down, and he actually made good on his promise and I already got back my $5K. However, it was a test account that I use before I can be convinced of his strategy so I can introduce my clients to him, but I was never convinced and did not introduce anyone to him. For his other typical investors, they were not so lucky and lost everything but a few bucks in their accounts (many accounts were $25K and up, totalling $8million or so).
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Okay looks like he is a honest person, but a very bad trader. It doesnt really matter if you have many many months with profitable returns. I said it before, and I say it again, every trader will experience losses one day(unless you are extremely lucky, but thats like hoping you win the lottery), and you are NOT a good trader if you can make profit after profit.
You are a good trader when you can keep your losses to a minimal when things dont go as expected. Its that part of trading, most standard traders *fail* on. They are very good if they perform well, but when things are not going as planned, they cannot cut the losses and they fuck up.