Replies to post #47 on Koolaid Discussion Zone

[dg900rr]

waltczyk
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Wednesday, November 24, 2010 5:50:36 AM
Re: Ninja7 post# 1 Post # of 51
here is what i don't get - 3 to 5 percent a day? - if you start off with just 100 dollars and make 3 to 5 percent a day - you will not only become the best trader ever but also not spend anytime doing seminars and unethical FLD schemes because you will be rich beyond your dreams in one years time

the best traders in the world do not have an 82% success rate and earn 3 to 5 percent a day - no one has that type of consistency day after day

my personal opinion is that monks system loses money and thus he needs to use unethical FLD plays to make his money

compound 3 percent for 200 trading days starting with 100 dollars and the end result is simply mind boggling

great post by the way

i think you are missing the human element. money does not buy happiness. to get that fulfillment, he spreads his knowledge to those who are open minded. there is no greater feeling than helping your fellow humans succeed.

sqying you would not have time for anything else is bunk. why keep it going so much when you have a comfortable size bankroll? wouldn't you want a hobby (golf, swimming, flying...)

the FLD were/are a conceptual experiment (havent you ever wondered what would happen if all the stock for a company was bought and held?)

your opinion is just that...unless you have learned it and put it to the test you'll have no way of knowing.

[Maxell46]

Mind boggling?
Yes indeed!

FAS 5 minute chart- up $400 this AM and it's only 11:35 AM

The teachings work.
Just a fact and I'd write more but I'm about to make a few more greenbacks.
FAS setting up again...

Everyone have a great and healthy Thanksgiving!