Saturday, May 17, 2008

Bad Publicity


The best publicity is often bad publicity. Thanks TraderEyal and Tapeworm for your continued support.

I was thinking that now since I'm a failed trader I can become a trading coach or make my blog crappier and link to other blogs about other crappy traders like myself. On second thought, that idea looks to be a little crowded. The post about bad trading habits was like so many email questions I get on a daily basis that I had to address the question. For some reason the traffic on this blog keeps increasing everyday and the fan mail is pouring in more than ever. Since I suck at trading I was thinking of never posting my P/L, my trading strategies, or anything related to my trading again. People don't really come here for me. They come here for comedy relief about some crappy trader that has never learned from his mistakes. In fact some people go even as far as betting that I will blow up my account again. It's great being HPT. The empty bank account. The large amount of love I get from all the regular readers and people that link me. Once in a while I even get real advice from other real traders.

The Dream

HPT dreamed of a time when he made a lot of money in the market and people came to him and asked him how he did it. The envy and jealousy of HPT's trading returns kept people coming back, 1000 times more than any Elite Trader P/L thread. Oh, yes, HPT was in the making For Trader Monhtly's TOP TRADERS for the year. He even made appearances on CNBC about where he thought the market was going. He was dignified and a force to be reckoned with in the stock trading world. HPT was a name just like T. Boone Pickens or Buffet was to common investors. He grew up in a small town, had a rough childhood, but persevered and made his way to the top, never gave up, even after blowing up several account to get there. For there was one thing driving HPT, and that one thing was,,,,,,,,,,

To be continued................

(Surely the fans will come up with an answer to what was driving HPT this whole time)

13 comments:

Edgar Alpo on 7:13 PM said...

How about warning people against gambling in the markets?

John on 9:13 PM said...

IDK about the above comment cause everything is a gamble...LIFE is a gamble. Investing and trading are nothing more than calculated risks. Investors are low risk/low reward and traders are high risk/high reward. You just need to learn when to double down and when not to. Your core strategy is fine as is stable and consistent profit. The deviation from that is what gets you. If you want to play a short squeeze into earnings(Wed) then look at SOLF. 5mos. ago it went from 15 to 40 in 2wks. Now it looks like it will do it again.

Eyal on 11:02 PM said...

Glad to be of service. I just call it as I see it. You can't quite blame people for seeing entertainment in things like blow-up videos, real and then fake ones and then all the other tantrums. If you want to work on your trading I agree you'll indeed be better off not stop posting anything trading related and just focusing on solving your problems. But that's assuming the P in HPT stands for Probability and not Publicity. Good luck in whatever you choose to do.

Common Sense on 3:44 AM said...

it's not gambling, shut up. Mutual fund managers should all quit and stop "gambling"? So, should artists/authors in the beginning quit since that is a gamble as well? Maybe athletes should quit if they don't get paid? How about do what you love?

Het HPT, so you finally get it!! Of course people only want to see you fail, and if you make money they they either think it's fake or they want to see proof over the last 5 years. i guarantee you will get a ton of haters, the internet is mainly entertainment. I am sure the "real" traders don't really care, so you get the jokers, retail clowns who, like me, get bored and read anything on the market. I would only "hate" if you said you made 100 points a day and then never even showed a picture of your trading platform.

Here is what I would do. Create ONLY HPT set-ups, don't show anything but entry and exit, then charge clowns to learn the system down the road. Then maybe only the hard-core people will stay. I also think you should post some good porn or at least hot chics daily. why not?? haha.

HPT on 10:58 AM said...

Respect....

Post hot chics daily?
Maybe I should try the ol' trading goddess type of blog with stocks up in volume and price, with a picture of some hot chick. I don't recall one stock on TG's website, but I do remember a lot of the pictures she posts. A also remember that gay porn video Tapeworm posted as an April fools joke. My mind has never recovered from that video.

I was thinking of just trading 1 or 2 setups and posting the setups daily. Really boring shit right, for people that want to learn something. Maybe I'll come up with something worth reading besides people coming here to laugh at my blowups. I could post about my life, but that would deviate from the trading and make me one big attention whore. Tapeworm posts about his life, porn, and posts his daily setups, however there is still something that is lacking with his website. I'm not sure what it is. Perhaps the lack of sarcasm profanity is what is missing.

Believe it or not one of my top posts from last year was "biggest boob flex ever recorded" a video with a bodybuilder chick that flex's her duble D's.

tapeworm on 3:53 PM said...

hpt: i apologize for the april fool's joke!

something is definitely lacking at my site, but u get what u pay for...the #1 thing my site lacks is readers! :-)

HPT on 9:18 PM said...

Well, expect to get less readers, because I deleted you and Trader Eyal from the blog roll for pissing me off.
HEHE...

tapeworm on 5:20 AM said...

hpt: LOL!

tapeworm on 12:18 PM said...

HPT: LOL!

Edgar Alpo on 6:47 PM said...

common sense you don't resemble your name in the least. Let's see, I work, I save my money at the bank, and the wise guy day traders gamble their fictional home equity in the markets until it is all gone. Then, you say that working class Americans are chumps. Excuse me if I enjoy watching smart-assed day traders lose their smugness on the internetz tubz one by one. The bigger they are, the harder they fall. The house always wins, you pay to play. The whole thing is rigged, if you aren't an insider then you are a fool for playing.

HPT on 6:59 PM said...

Edgar,
Even as a trader thats failed many times, I would have to disagree with your comment. It is possible to consistently make money in the markets. People trading for a living without "insider knowledge" do exist.

tapeworm on 10:12 PM said...

edgar alpo: u may be the heir to the "alpo" fortune, but can't the rest of us dream?!?

http://www.alpo.com/

Edgar Alpo on 8:25 PM said...

hpt,

I read lots people on the 'net who claim to make a living day trading. I suppose it is possible with skill and luck, and a large enough bankroll, and patience, and discipline. My point is that some people make money gambling on college basketball or the ponies too. However, successful gamblers are a rarity and investors usually diversify risk and let it ride. You might try professional poker player, I hear that's a great way to make big money too. Hopefully they will raise the cap gains tax to 50% to dissuade people from gambling money they can ill afford to lose. Luckily you are young and still have time to save for retirement in spite of recent losses.

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