I am just shocked ATM that Ego and Jeff are playing nice together!!! Sorry guys, had to say it......
dynoman14
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Don't want to be right about everything and I already told you that... I also don't want to be fed a bunch of BS...Fueling and his BBC dominating the West Coast Super Modified...BS...Don't know much about the V/C by Moyer...Do know a lot about the CA built V/C though...Haven't spoken with Moyer since 2 years ago when he was at the V/C plant...Like I've said in the past, you make some interesting points, but you also blow a lot of sh*t talk...BTW, what class of eliminator does NHRA require a "crate" engine?????Originally posted by dynoman14 View PostSJ Dave,
Since you are such an expert on the Victory Circle race cars built by Billy Moyer did your research trip there turn up who I am doing custom headers for???
Or does he not build crate cars either???
Just checking cause I know how bad you want to be right about everything.Last edited by sj valley dave; 06-10-2012, 07:21 PM.
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You've never gotten a question or inquiry about it because it is an outrageous claim like about 90% of your other claims on here whether it be HP numbers or WPM numbers.Originally posted by dynoman14 View PostI make 20-30 stock trades a day and I trade only one stock BankofAmerica. It is the easiest way to make money I have ever heard of. I make between $200 and $500 per trade guaranteed. To me that is decent money as there is absolutely no risk at all and there is great reward and I never have to leave my desk and I can do it in the first 2 hours of the day and then go out and do whatever else it is that I want to do. I have explained it on here and speed a couple times and have never got even 1 question or inquiry about it...guess everybody out there is making more than $10K a day, never mind.
There is no such thing as a "great reward" investment with "absolutely no risk". Even us hicks on 4m and speed know to dismiss such claims quicker than we throw away the junk mail that says "You're already a winner!"
Bank of America?!?!? Really??? Their stock is DOWN over 30% this year and DOWN over 80% from where it was 5 years ago so I gotta hear this!!!
So I'll tell you what...send me the technique and process that you are using with Bank of America and I'll invest the same way. I will give you 50% of my returns after capital gains taxes. But if I do not see any positive returns, you have to cover 100% of my losses. But it's "guaranteed money" so this shouldn't deter you one bit.
But why am I wasting my time even typing this?
We all know you won't send me any information on this just like you won't send JJ any filters and just like you won't produce a receipt for the parts on Ego's car and just like Steven Hendren has yet to get a single one of your 600+ 4m.net customers to let him run your stuff on a dyno.
What you WILL do is come up with some elaborate excuse for why you can't or won't share the information just like any other time that somebody actually calls you out on some ridiculous claim.
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What's the over/under on this thread getting locked? 50 posts?Crew Chief "Tip of the day":
Most handling problems can be solved by adjusting the screw-ball. It can be difficult to fine tune at times. Explaining yourself loudly and striking it on top of the helmet with a dead blow hammer usually works well.
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Swing Trading
Matt49,
You sound like a smart guy and experienced stock trader so here it is. I am pretty dumb so it took me about 20 years to figure this out. I am going to explain it simple for everybody to understand.
In my book you look for the most volatile stock in the market if you want to make money, it should be a fortune 50 or 100 company so you don't have to worry about your money. Since BOA is propped up by US Gov't, it is good as gold for me and has worked for 5+ years.
Since you are a lot smarter than me you could probably find a better stock and do multiple stocks in the same day. I choose to KISS and just do one stock over about 5 computers, and that is enough for me.
I purchase my stocks on margin which means cash backed credit. When you have good stocks to trade, and a good track record you can get pretty close to 10:1 margin, meaning the trading company will give you $10 for every dollar you put up...you also have to pay them back $10 for every dollar you lose, but with this method you should never lose if you don't get too greedy.
I will work with 1000 share blocks at $10 a share just to make it simple to follow.
I will start the day with $10,000 giving me $100,000K in my margin account. That will allow me to purchase 10 / 1000share blocks of stock. If I make 10 purchases at 9am, I have 10 blocks to trade. As the market is most volatile first thing in the morning I set my automatic sells at +.10, +.20, +.30, +.40 and +.50. That is 50,000 shares or 1/2 of my initial purchase. At the same time I set those poiints I set equal and opposite points on the negative side but these are not automatic, I have to trigger them with a key stroke.
If my first 5 sells hit that nets $1,500 profit, at the same time when the stock drops back down the equivalent amount I make the same money on the down swing ( short selling ). These swings happen on a daily basis just like a Sine curve and thru a program I have developed I can usually model the days action and volatility with data from the first hour. Like any statistical data it is only about 95% correct but that would get me in the Baseball Hall of Fame batting .950 right? It is like betting red and black on the roulette wheel with 100% of the odds in your favor and a moving scale up or down you can jump on or off any time.
On the average morning I make 2-3 block purchases and then sell it all before I leave so there is no worry about what might happen when I am gone.
Just like this morning, I modelled the the curve and instead of selling on the plus end I made 27 short trades as the stock went down. You look at it like this, you are betting against the company doing good today and profiting from the sale price dropping, just like you will when it goes back up end of the day today or tomorrow. $100up or $100down, it still drops in your account when you buy and sell and at the end of the day like today with 27 trades, I was not greedy and it only netted about $6700 plus it cost me 54 times $7 per trade.
So it cost me about $400 to make 6700 plus you have to accrue taxes at the rate of about 42% for capital gains on your profits. In the end if you purchase equipment and depreciate equipment and have an R&D budget you can get that number down to about 15% capital gains. As it is not a wage it does not accrue Social Security or FICA so you just have to pay UNCLE SAM.
I will also post this for other folks to see in another area that is applicable...
Any questions just ask away, I have started friend in the program with as little as $1000 and all of them that stuck with the program have paid of cars, education loans, houses, doctor bills etc...
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I don't think it will get locked out because my posts generate traffic and that is what a site needs. I don't call people names or call them liars or threaten them or send them rude and posts or PMS cussing them out.
This system is 100% legit, and I did not buy it or find it in a book, it took me about 20 years of investing and searching to figure out how simple the stock market really is. It is like Las Vegas in 3D. I think it is cool that you can make money on the same deal no matter if the company gains or loses, if you are on the right end of the trade you make money every time...
Now you know why those investor guys have billions...
Don't fantasize about getting there just want to make enough to pay the bills and have some left over to play with...
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So now you are claiming that you have developed a program with which you can (to within 95% accuracy) model the day’s action and volatility of a stock only with information from the first hour of trading. That’s impressive as I would say there are about a million investment bankers, mutual fund managers, etc. out there that would be willing to pay you billions of dollars for such a program.
Just let me know how much money to send you and where to send it to and I’ll purchase the program from you provided I have a written guarantee that it works without any chance of losing money as you describe. If you really had a failsafe way of winning at the stock market 95% of the time, you should be the richest man in the world.
But I’ll humor you (and myself mostly) with a few follow-up questions:
Maybe I missed something but I’m curious as to how you start your one-hour modeling of the market (since that’s all you need to predict the entire day’s action) at 9AM since the market itself doesn’t start trading until 9:30AM. Since you’re in Georgia, you’re in the same time zone as the NYSE which is where BOA is traded. I’ll await your response claiming to have constructed a working time machine.
I’m also curious what stock brokerage you use since I have never heard of one that allows margin trading on stocks under $5/share. In fact, it violates SEC regulations to margin trade stocks below the $5 mark. You claim to have been using this method with BOA stock for 5+ years yet their stock was down below $5 in February and March of 2009. Explain that for me.
I’m also curious as to how you got friends started on the program for less than $1000 when an initial investment of $2000 is required to open a margin account with any brokerage.
What programming language did you use to develop the program?Last edited by Matt49; 06-11-2012, 02:51 PM.
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This is from a person that has REPEATEDLY posted that he knows NOTHING about programming a web site and has a retired friend do his, BUT he can write a program that guarantees he makes money on the stock market!Originally posted by dynoman14 View PostThese swings happen on a daily basis just like a Sine curve and thru a program I have developed
This one was good enough that I sent it to my cousin who is a Professor at Ohio State has his Doctorate in Economics, he said he literally laughed out loud when he read it.
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dynoman14
The numbers he is telling you about on the stock exchange are the same numbers he gets with his dyno! metric dyno numbers and paso stock exchange numbers.
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Sorry to get the post off track, Go Ahead...ask your question about a crate...
Matt49,
Once you earn a preferred trader status you can trade whenever you want to as you can use the Asian markets or the European markets, or anywhere else for that matter.
I start my trades at 9am because it takes me about 30 minutes to get my accounts loaded and lined up and ready to trade. Like I said about a year ago, to make it work the way I am currently trading you have to have 5 separate IPO addresses with 5 separate trading accounts because too many trades of the same stock will get your account frozen and you don't want that to happen...
As you are such an expert Matt, you should know that BofA has been a staple of the NYSE for quite some time and has not lost any of its priviledges during its down time when it dropped in price. All they had to do was float some paper to guarantee the NYSE that any shortfalls to them would be covered. DUh!!!
Since my first majors in college was Information Systems and Statistical Analysis; My initial numerical movement programs were done in Cobol and Fortran as that is what I learned to program first. They were long and complex and hard to use. Later on when I learned Basic and C-Basic I changed them to a format I currently use today. It is really pretty simple program as I use a running average that I keep on an hourly basis, and I average the past 30 days to predict the current days trends, since I am using such large swings in price it is really pretty easy to get a curve and then follow the first couple thousand trades in the am to see what is going to happen. I something goofy is going on I apply a correction to the days curve and see what happens. Like I said, it is based on the theory of squares and roots and compiles all data into a nice little bell curve for me. Stuck with it a couple years and met 2 sisters taking Psychology and that changed my life and path for about 2 years...After that it was on to Biochemistry, Physics and Microbiology which I ended up finishing at Georgia State and Georgia Tech with a Triple Major. They did not have a Motorports engineering program at the time so I made my own. Got a Scholarship to Germany to pursue a PhD in Alcohol Fermenting with bacteria and got bored after a year and came back to the ATL to work at Kraft Foods. oops got sidetracked...
As far as SEC violations talk to Brian Moynihan and his folks, margin never got pulled on my account and not all of the SEC's rules apply to all of the NYSE companies the same way. As long as you clear up your personal margin accounts on a daily basis, you can buy just about anything you want to on Margin, you just have to know how to do it and where to get it done. Kinda like anything else in the world.
As far as selling the program to anybody, nobody would want it, it is remedial and is not fool proof ? Over night when the Arab spring thing hit I lost about $50K in the first week. Once I re-programmed and got back on track I was able to make that back and more with multiple weeks of short selling. I am having fun doing what I am doing and there are a ton of other folks out there way smarter than me writing financial programs and predictors.
Just ran the numbers and after about 60% probability of another -10-20c drop there is a 30% chance of +10c, and 60% chance of +20c tomorrow. With that in the hopper I will load about 10 short sells and 25 sells below 20c like 5c, 10c, 15c. So predictions say about 40-50c swing tomorrow with 60% probability. 95%ile is +/- 15c
I use the Fidelity Active Trader Pro program and I am in a Beta test run for another 6 months of their newest format. I have a weekly conference call with about 25 other day traders about how to negotiate and get the program to work better. I get real time screens of anything I can program into it. In return for the Beta test we get 500 trades free for the year so that is about $3500 off the top.It currently has the fastest trade response and has the best rates on just about everything as far as I am concerned. It also allows me to link to any of the foreign exchanges I want along with currency as well. As I am from Canada I am still pretty active in the CAD-USD flip flopping. When I worked for Serdi I took some big bonus chunks in euros and had fun flipping that money back and forth.
You can also download files directly to Turbo Tax for quartely taxes as they would take you a month to do at 1000 trades a month.
As far as opening an account for trading rules changed in the past 2 years but Ameritrade used to let you active trade with $1000 and a link to your bank account to guarantee your margin trades. Just like anything else you have to start small but when you can double your money almost every couple days, things happen pretty quick. Using 1000 get you about 5K on good companies so trading 20 times on $250 nets you about $15-25 per trade, at the end of the day once you reconcile you will have made $300-$500 on your original $1000 not bad for a days work in my book.
EGO,
Your cousin is obviously about as smart as you then, he ought to stick to teaching, nice government job with tenure, he's probably pushing $200K a year off your back.
I have 11 friends in one of my trading groups and they are all either stock brokers or investment bankers and as stupid as they are they think it is a pretty cool idea to have been thought up by a "Dumbass like myself".
One of them uses my example of "swing trading" in his Advanced Investment Class.
Cheaterdog,
You ever even seen a chassis dyno??? Much less know what it does???
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Dynoman,
Headed to work (not all of us can make $10,000 in an hour) so I don't have time for a full response but trust me I've got more holes to poke in your claim.
You mentioned that you use TDAmeritrade. Would you recommend that anyone starting this type of trading start with TDAmeritrade?
And just to confirm, the type of trading you are referring to (short selling using a margin account) is what is know in the biz as "day trading", right?
Thanks,
Matt
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ego,
The program I have written does not know what it works with or the results it produces, it is very similar to the baseball movie where the guy had a metrics program to estimate numbers. My program takes numbers, any numbers and groups them into statistical models. From there you have to have some knowledge about the numbers you put in to make sense of what numbers come out.
There have been a couple shows on TV based on numbers and they have been pretty accurate in how they can be used to predict almost anything. Numbers and equations have their inherrent problems but so does everything else. You use the tools in your toolbox to get the job done, some of them may be way different than what other people use; does not make it right or wrong.
I usually let the outcomes of projects predict the success of the tools I used to get there.
The same exact program designs camshaft durations and their probablility of success by using intake and exhaust port flow, exhaust header sizes and lengths according to the same flow numbers. If you have enough data you can use Helmholz numbers to predict proper collector size and length. That is why folks look at my headers and scratch their heads...Put them on the dyno and somehow they work, put them on the chassis dyno and they work, put them on the track and they win.
Either I have figured out a pretty good way to design headers or I am very lucky picking out who calls me up to buy them. At that point I don't care and go on to the next project.
New Crate Project #37;
Working on a closed loop cooling circuit that will let me run say 300*F internal water temp on a crate so I can utilize a fraction of the fuel that kinda gets away in the normal operation of the engine. Might work - might not if it does there is a potential gain of an additional 15-20% TQ gain. In my book that is a lot to shoot for and even if I come up short and only get halfway there, I guess 10% torque gain is better than nothing...
I am up to Crate Project #51 to date and will update on them as I get more substantial data to discuss. I might even start some threads on #1 - #37 if I feel the motivation to do so.
Website Design;
So just because I know how to work with numbers and equations means absolutely nothing when it comes to designing a website. They are 2 totally opposite things. I could learn how to do it, but why when it is the only thing that brings joy to my great friend "Billy-Bob" when he wants to stop he will let me know.
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