Horror Story: Trader Loses for 21 Years Straight
Corona Del Mar, CA
Howdy Friend!
When I started trading, I ended up latching on to a plethora of fool's errands. Everything from event driven text messages (back in '98), to Elliott Waves to trend lines to simple technical indicators.
None of it worked, and I blew out three trading accounts. So when Peter M from Australia told me he had lost money for 21 years straight, I wasn't surprised.
It's a bitter-sweet story as you can see:
I want to tell you a story of an Australian Guy who has been trying to trade successfully, Profitably for over 21 years. He has blown up most of his money and countless trade accounts in that time, and yet he has never given up on becoming a profitable trader, so as to support himself.
He keeps another plaque above his desk that is a quote from Sir Winston Churchill. “Success is based on countless failures without losing inspiration.”
This Guy has been a follower of Dan Murphy's since his Facebook Million Dollar challenge, and has always kept in touch with Dan Murphy in some way via social media.
Then, this guy had put down serious money to purchase Dan Murphy's latest “Portfolio Boss” program back in late 2019. He had saved some more cash left over to trade after working as a truck driver for 35 years.
Since his first trades using Portfolio Boss he has for the first time in his life been profitable. He now has enough money to place his 91 year old Father in a Nursing home, and is only driving 3 days a week.
This Guy owes his good fortune for staying with his beliefs, and also for never giving up on his dreams of becoming a successful trader who can support his Family now. That is my story. I Thank You Dan from the bottom of my Heart"
I shared Peter's story with my staff the other day. I said that every time they write a single line of code, they need to realize that there's a person's life they're helping to improve.
Peter ended up ponying up 5-figures to become The Boss "SuperAi" member. That's where the Ai builds trading strategies from scratch using a 3500-core computer network.
It takes a lot of courage to take the plunge and try something new after getting burned so many times.
I don't want to put words in his mouth, but the #1 reason people tell me they join is because I show absolute proof using scientific tests...and I constantly stress leaving a portion of history aside to verify whether those trading rules work on unseen data.
That's where the majority of technical traders drop the ball and end up wondering why their strategy drains their trading account faster than giving Paris Hilton your credit card in the middle of Rodeo Drive.
Getting back to some more actionable trading info...On today's Boss group call, we talked about Wall Street's free lunch.
Yes, there is one.
It's trading multiple strategies that have low correlation to each other. Not only can trading multiple strategies smooth out your results, but it can increase your annual growth rate significantly. It's the best of both words.
That's why I took building a Bit-coin strategy so seriously.
It has very low correlation to the stock market.
With the invention of "Cyber Code" I ended up building the best scoring strategy in the history of Portfolio Boss. With a MAR ratio of 10, I immediately started trading it.
I'll be sharing the results next year when I get my account audited again by Alpha Verification.
That's it from me today.
Just remember those immortal words from Sir Winston Churchill...
“Success is based on countless failures without losing inspiration.”
P.S. The Code-V strategy goes back into the $25k "SuperAi" group's quiver this Friday.
That will be the only way you can get your hands on it as I'm pulling the offer. Trading with Cyber Code Ai, Bit-coin Trust, and the strange rules (described here) is just too radical a step for those outside the group.
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Disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.
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