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hfts_james

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it's not easy to find a job that gives you money to trade when you have no experience. it's either 1. you have the skills to be groomed to become a trader, like maths, stats or 2. you have the capital to trade almost on your own. most of us are like no. 2, put up capital upfront with all other traders and trade that pool collectively. prop firms call these upfront payment leverage, course packages, deposit, etc. you may or may not see your money back. bottomline is, be prepared to lose a little bit of money if you really want to become a trader. when you really become one, losing money is an everyday thing.
 

wahkao3

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it's not easy to find a job that gives you money to trade when you have no experience. it's either 1. you have the skills to be groomed to become a trader, like maths, stats or 2. you have the capital to trade almost on your own. most of us are like no. 2, put up capital upfront with all other traders and trade that pool collectively. prop firms call these upfront payment leverage, course packages, deposit, etc. you may or may not see your money back. bottomline is, be prepared to lose a little bit of money if you really want to become a trader. when you really become one, losing money is an everyday thing.

here is a confirmed working method
=================================
Here is confirm working method to get into elite investment banking.No need elite Ivy league MBAs

Here is how to easily backdoor yourself into elite investment banking. 100% confirm work. No need networking or ivy league MBAs/CFA/ACCA/CPA. Its about showing tangible results where it really matters.

1) do investment yourself for at least 5 years. Make sure your investment returns more than 20% CAGR. Make sure your equity curve is nice, dont have much draw down. Make sure you log all your investments and leave audit trails.
2) Write "achieved 20% CAGR on personal investments with low draw downs. Track records available on request." on your resume. Plot your equity curve on your resume.
3) During interview, instead of them interview you, become you interview them. You can guai lan say "I make 20% CAGR myself, why should I come and work for you? What have you got to offer me?"

Just imagine you ish the interviewer. Surely u will hire someone with this kind of proven results right?
This method is not from me. This method ish taught by this shu shu.
He last time in goldmen sachs interview ppl and this is how he screen out candidates.

npQlnoV.png
 

hfts_james

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anton kriel belongs to no. 1 - he have the skills. he was already investing since his schools and was a target for bb.

the kind of stuffs he did 10 yrs ago do not work now. which is why he started selling courses.

he also said that bbs now are just controlling algos. the people monitoring the algos live and the ones creating it are usually not the same.
 

wahkao3

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anton kriel belongs to no. 1 - he have the skills. he was already investing since his schools and was a target for bb.

the kind of stuffs he did 10 yrs ago do not work now. which is why he started selling courses.

he also said that bbs now are just controlling algos. the people monitoring the algos live and the ones creating it are usually not the same.
if his teachings do not work anymore, what works now?
 

alexchia01

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here is a confirmed working method
=================================
Here is confirm working method to get into elite investment banking.No need elite Ivy league MBAs

Here is how to easily backdoor yourself into elite investment banking. 100% confirm work. No need networking or ivy league MBAs/CFA/ACCA/CPA. Its about showing tangible results where it really matters.

1) do investment yourself for at least 5 years. Make sure your investment returns more than 20% CAGR. Make sure your equity curve is nice, dont have much draw down. Make sure you log all your investments and leave audit trails.
2) Write "achieved 20% CAGR on personal investments with low draw downs. Track records available on request." on your resume. Plot your equity curve on your resume.
3) During interview, instead of them interview you, become you interview them. You can guai lan say "I make 20% CAGR myself, why should I come and work for you? What have you got to offer me?"

Just imagine you ish the interviewer. Surely u will hire someone with this kind of proven results right?
This method is not from me. This method ish taught by this shu shu.
He last time in goldmen sachs interview ppl and this is how he screen out candidates.

npQlnoV.png

If you are already making 20% profit, why do you still want to work for others?

If he's already making good profit through trading, why he still need to sell training programs?

You have to understand that people who wants to join Goldmen Sachs are looking for Goldmen to teach them trading, not the other way round.

People who knows how to trade, would not want to work for others.
 
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alexchia01

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One can earn way more trading OPM. AK himself has a $100 mio portfolio in his first year.
20% of $100k or even $1 mio trading yourself is just wasting time if you plan to get rich.

Disclaimer: My group has dealings with Mr AK.

For investing, 20% profit a year is ok.

For trading, 20% profit a year is a joke.

I'm looking at at least 250% profit in a year for trading.
 

wahkao3

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If you are already making 20% profit, why do you still want to work for others?
Maybe dont want to take risks? Maybe trade for others, you can manage 100million portfolio and get 1% commission compared to own money only got 10k?

If he's already making good profit through trading, why he still need to sell training programs?
Maybe want to earn extra side income? Maybe for advertisement and fame?
Maybe out of passion?


You have to understand that people who wants to join Goldmen Sachs are looking for Goldmen to teach them trading, not the other way round.

People who knows how to trade, would not want to work for others.
yep, true. But for experienced hires with track record, maybe they want the commission that is more than their own money?
 

wahkao3

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One can earn way more trading OPM. AK himself has a $100 mio portfolio in his first year.
20% of $100k or even $1 mio trading yourself is just wasting time if you plan to get rich.

Disclaimer: My group has dealings with Mr AK.
what is OPM???

Why u say $1mil trading ownself is wasting time? :s11:
 

wahkao3

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For investing, 20% profit a year is ok.

For trading, 20% profit a year is a joke.

I'm looking at at least 250% profit in a year for trading.
250% so much!!? :eek:
Jin satki.

Me 15% per year I happy liao.

250% possible or not?:(
 

alexchia01

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250% so much!!? :eek:
Jin satki.

Me 15% per year I happy liao.

250% possible or not?:(

I already hit this target in May, so what do you think?

Now, I'm in over 500% mark.

If you think you can, you can.

If you think you can't, you can't.

You are right both ways.

Please don't ask me to teach, this skill can only pass to my children.
 

archcherub

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I already hit this target in May, so what do you think?
Now, I'm in over 500% mark.
If you think you can, you can.
If you think you can't, you can't.
You are right both ways.
Please don't ask me to teach, this skill can only pass to my children.

do u trade OPM?

btw, just curious, is it true what they say? that a trader is lonely job.. because u trade alone and no colleagues.
 

archcherub

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did anyone ever invested before?

now they removed the 18% rate and goes back to 15% rate liao...
but 18% for higher amount investment.. > $100,000 i think
got iphone 6 free gifts too! haha

under the old chief plan, the returns to me is abt 2.xx% per month. i only invested very small amount for a few months (the aim is to attend the lessons, not the returns)
 
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wahkao3

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I already hit this target in May, so what do you think?

Now, I'm in over 500% mark.

If you think you can, you can.

If you think you can't, you can't.

You are right both ways.

Please don't ask me to teach, this skill can only pass to my children.
500% in 1 year!??? JIN SATKI!!!!!!!!!!!!!!!!!!!!!!!!!!:eek:

You use FATA also is it?:s11:
 

alexchia01

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do u trade OPM?

btw, just curious, is it true what they say? that a trader is lonely job.. because u trade alone and no colleagues.

I don't really know what you meant by trader is a lonely job?

I don't talk with other traders about my trades because there is no need for that.

But I do have friends, traders and non-traders.

We do go out for coffee and lunch.

I don't feel lonely, in fact I love my life because I can do the things I like almost any time.
 

archcherub

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I don't really know what you meant by trader is a lonely job?

I don't talk with other traders about my trades because there is no need for that.
But I do have friends, traders and non-traders.
We do go out for coffee and lunch.
I don't feel lonely, in fact I love my life because I can do the things I like almost any time.

what i meant is, coz usually traders trade at home, so no colleagues and has less social interactions.

coz im trying to burst the myth. most gurus of trading schools explain they set up schools not to earn, but coz they very lonely trading :s8:
 

alexchia01

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what i meant is, coz usually traders trade at home, so no colleagues and has less social interactions.

coz im trying to burst the myth. most gurus of trading schools explain they set up schools not to earn, but coz they very lonely trading :s8:

Lonely is a choice.

If you are lonely, just go out and make more friends.

You don't need to start a trading school to solve your lonely problem.

These gurus are just using this as a excuse to make them sound holy, but are they?

I never heard of someone start a cooking school because he's hungry, so don't believe someone will start a trading school because he's lonely trading.
 

klarklar

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I already hit this target in May, so what do you think?

Now, I'm in over 500% mark.

If you think you can, you can.

If you think you can't, you can't.

You are right both ways.

Please don't ask me to teach, this skill can only pass to my children.

Hi alexchia01,

Although your 500% mark sounds unbelievable (by my own standards), I believe you based on your past postings. You sound like a principled and honest person. If you don't mind, I would like to ask when you review your performance, how do you know whether you are taking excessive risk to achieve that incredible gain?
 

PostCountWarrior[+1]

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I work on the trading floor. my boss will throw away CV they say make >100% returns. He once throw away a CV of an SMU grad who say he made 600% leveraged returns. he say so good, no need to come work in a bank le.

pcw +1
 
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