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Originally Posted by Schminner
LOL ... here's another twisted scenario ... perhaps PeterB bet the GT farm on one of the Non-Farm Payroll news then lost it all, which leads to his fabrication of the notorious Paul Roeder that hacked his account ...
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You know I have always felt that perhaps PeterB was just a reasonable trader having ok results and felt that with the increased capital he really could return 20% per month. I have seen that happen before.. people don't realize until they have tried that the having more money usually does not making your trading easier or more profitable ROI wise but less... as it's harder to get fills, it means more lots/contracts which of course means increase profit possibility along with the increased loss possibility... it seems to me very likely that he actually did just caught in a bad position and couldn't trade his way out of it likely making it worse in the process and this whole "hacker" story is his way to try and save face...and he figures he can limp his way out of it in time..
Either that or he is the best trader on the planet and he's just stealing money from everyone.. hehe...take your pick...
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After the loss, only the barn remains, with a bunch of sheep inside waiting to be slaughtered.
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UGH.. don't say the word loss... I got caught on the wrong side of the NFP news this morning.. I don't think anybody guessed it would be UNDER 100k this month... anyway, lost two points on that gamble... made it really set the tone for the day... took a short soon after the opening bell and let that baby ride... looking back I earned 5 points, net of 3 after recovering the early loss.. but baby if I had let that trade go..talk about downside today... never saw that coming either..
Every day the markets are a new ride...