Zeev's Turnips Patch-No Politics (ZEEV)

[onesevenus]

"Please remember, I am not here to hold your hand or anyone else's"

I never said that I am looking for that kind of support. Why even mentioning that? Who says that people on this board are looking for someone to piggyback with their trades?

I just noticed that you claim to be a successful trader, at the same time I haven't seen you posting any losing trades. I admit I did not spend more then 5 minutes searching thru your posts, but that was something that caught my attention.

So, here is my statement:

"It is impossible for someone who claims that his positions are less then 7 minutes in average (in the current market), not to get whipsawed in their trades quite often. With close to 100 trades a day (your claim), they'd be very lucky to have just over 50% of their trades above water (my statement)"

My question is: Why is it so that those same people more often then not post "only their wining trades"?

My conclusion is: "There has to be a reason for everything."

I also saw you suggesting this to people:

"There are so many other techniques no one person can explain them in a post. It can only be learned through years of experience (school of hard knocks) or private extended training by a professional trader.
"
in your post: http://www.investorshub.com/boards/read_msg.asp?message_id=3642055

Wich sort of sounds like a OJ (or JO) commercial offer.

*********** contrarian opinion ********

I happen to have a few very good friends of mine who are a "real professional traders", some very succesful ones (derivatives, forex, equities), all of them Math or Physics Phds, and the best advice that they claim they can give to people when it comes to daily trading is the following:

"On a longer run retail daily traders do not have the edge, unless, you are extremly lucky. Period"

"The edge that a retail investor has is in a trend over a longer period of time".

Another reason for this post is to expose the opinion from people that are in this business longer then 10yrs, and because it is a contrarian opinion to those of retail daily traders. I also hope that their opinion may be of some help to people here.

It sounds very reasonable to me that by understanding the TA, professionals are frequently using it take the advantage of it and to maintain their edge. Especially the ones on a MM side.
Not to mention other methods discussed by some people on this board that hedgers are using to impact the trading of specific equities or in some instances indexes as well.

********** end of contrarian opinion ********

All of what I said here is of course just my own opinion. And all of that is just to underline the reason of why I respect Zeev and his style of trading and posting. That is I believe the reason why he attracted some quality people to his board from who I have benefited a lot during the course of my intensive practical education in the past year or so.

For disclosure, I swing trade, seldom day trade and some positions I hold long. I almost never post my trades.