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Daniel Kertcher/Trading Pursuits - Serious or Scam?

Discussion in 'Trading/Investing Resources' started by Matteo, Jan 13, 2011.

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  1. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    No, wayneL, I am not.

    Even if I get stopped out tonight, I'll have plenty of capital left to reenter at the lower level. I am still very bullish on AAPL and with the forthcoming 7 for 1 split on June 9 I will get seven times more shares at about $83 each and from there AAPL can easily get to $100 ($700 at today's value). That recent purchase of BEATS Music (getting Jimmy and Dr Dre on board) is probably the coolest thing Apple ever did.

    Sit back and enjoy the ride (especially if you're holding AAPL shares). :)
     
  2. wayneL

    wayneL Rotaredom

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin, you are asking us to suspend reality and ignore simple mathematics. On you actual live calls, not the hindsight calls which everyone can be wildly profitable with, the live calls, you have had your a55 handed to you.
     
  3. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    No, wayneL, I am not asking anybody to suspend reality. Yes, I had a losing trade in January and I have had other minor ones since. But, overall, I have a lot more profitable trades than losing ones.

    Take the trade I am currently in, for example. Seeing that AAPL is rising in pre-market, I have moved the stoploss up to $584, ie it is now at break even. So, my worst outcome will be a break even situation. But I expect this trade to be quite profitable.

    Later on tonight, or maybe even tomorrow night, when this trade concludes, somebody will no doubt call it a "hindsight" trade. But that's ok, I can live with that. After all, it will be me who will be collecting the profit. :)
     
  4. ftw129

    ftw129 Sell crap and manage risk

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Hi Alvin.

    What kind of analysis do you use? Technical, fundamental or a bit of both? I know you've alluded to this before but could you elaborate a bit more?

    Is it solely your analysis or are you following someone elses?

    What other stocks are you interested in at the moment?

    Cheers.
     
  5. Joe Blow

    Joe Blow Administrator Staff Member

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin, you must not have understood my previous post, so I will repeat myself. You are not permitted to discuss any trades in this thread that you have not called live. Live trades must be posted within 10 minutes of them having been taken.

    From now on, any posts in this thread that contain hindsight trades will be removed, and you will receive an infraction. If you continue to post hindsight trades your account will be permanently suspended. Please abide by the rules I have placed on this thread if you wish to continue posting.
     
  6. minwa

    minwa

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    I thought you had no losing months ? So did you lose that month ? Why did you stop posting right after that loss ? You were very active posting before that but gone for months right after you called the trade, and it gapped down. A bit suspicious don't you think. Happened recently here with another thread with someone else as well.
     
  7. Samuel

    Samuel

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin, given your inner life appears so ungovenrned and chaotic with you popping in and out of this forum with your endless hinesight trades, I am of the opinion you must necessarily manifest this confusion in your trading results and worse, your outer life.

    Can I suggest you go away and acquire some measure of accomplishment in the management of your own mind, including learning the ability to repress your urges to gratify your desires and big note yourself.

    Your trading results will improve.

    Then please return and talk with a purpose or, if that is not possible for you, remain silent.
     
  8. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    My Dear Samuel,

    you have hit the nail right on the head. My inner life not only appears to be ungoverned and chaotic, it actually is. However, my trading results are far from ungoverned and chaotic, neither is my outer life. I have taken your suggestion to heart and have gone away to acquire a measure of accomplishment in the magement of my own mind, including the the ability to repress my urges to gratify my desires and bignote myself.

    My trading results have already improved, but I am afraid I can't tell you details because that would amount to a hindsight trade.

    I will from now on post my trades only before I put them on. If those trades turn out to be profitable and I report them as such, I wonder if posters on this forum will still call them "hindsight" trades? Yes, they probably will.

    Tonight I will post just one trade which I intend to place in a couple of minutes from now, in pre-market.

    Buy 5000 CFDS of TSLA at approximately $186.00

    Talk to you soon,

    Best Regards,

    Alvin Purple :)
     
  9. Samuel

    Samuel

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin, what was the trade?

    Joe Blow, please have your sword drawn.
     
  10. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?


    This is not a hindsight trade.

    Last night, at 10.05 pm, I said I would buy 5000 TSLA CFDs at approximately $186. My order was filled at $185.50 and then I went to bed.

    I have just got up this morning at 5.40 am (I am an early riser) and I am about to close out the trade at about $191.

    It is now 5.45 am and I have just this minute close out the trade at $191.00.

    Now I am off for my morning run.

    Bye all. :)
     
  11. prawn_86

    prawn_86 Mod: Call me Dendrobranchiata

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Got any broker statements to prove this? :rolleyes:
     
  12. Joe Blow

    Joe Blow Administrator Staff Member

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin, I can see you are having some difficulty with this very simple concept of calling live trades. Calling live trades is not about what you are going to do, it is about what you have done.

    I'll make this very simple for you:

    1) You must post the details of any buy or sell within 10 minutes of having taken the trade.
    2) You must time stamp your trades with the minute the trade was executed.

    So the format would be:

    10:05am Bought 5000 TSLA CFDs @ $185.50

    The time stamp is so that others can verify your trades and ensure that they were posted within 10 minutes of execution.

    If you are serious about demonstrating your trading prowess then these are the rules that you need to abide by. The moderators and I will be watching closely to ensure that you comply.

    I trust I have made myself clear.
     
  13. wayneL

    wayneL Rotaredom

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Isn't straight CFD trading a bit off topic? What has this got to do with the quality (or not as the case may be) of Kertcher's offerings?
     
  14. minwa

    minwa

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Let me post a trade Alvin-style.

    I INTEND to buy AAPL at the market price at the open today.

    I will come back at the close to report whether I did end up buying it or not, depending on the price at the close. Oh my size is 10 0000 CFDs too. I have more/unlimited capital so a small loss does not bother me, I will just double the position size next buy if I lose this one. Don't bother asking me for brokerage or look up the trades in market order history, I trade in dark pool. I must quickly bank my theoretical profit at the end of the day because I cannot risk another embarrassment when I hold overnight positions and it gaps down against me like last time, (luckily it was only a imaginary trade), which will cause me to hide for a couple of months before I muster the courage to post again, claiming it was a small loss :) .

    Wish me luck guys.

    Alvin Purple
     
  15. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?


    So, if it's just about what I have done, then it will be called a "hindsight" trade.

    However, time stamping is a good idea.
     
  16. >Apocalypto<

    >Apocalypto< 20.03.2012

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    just post your statements... it's not that hard to do.
     
  17. minwa

    minwa

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?


    Quite hard when they are imaginary trades :D
     
  18. FxTrader

    FxTrader

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Exactly, if Kertcher's strategies are profitable then let's see the verified trading statements of someone who has followed the trading rules exactly as documented over a period of at least 5 years. Where are the stats of how many of his "students" actually make money trading his strategies? Less than 10% perhaps (the norm)?

    Of course this will never be forthcoming and Ketcher, like so many before him and after, make their money giving "education" seminars not trading. Alvin is no doubt a Kertcher shill entity intent on distracting people here with phantom trades. There is no secret formula here, covered call strats such as this have been around for many years, no verified trading data is at best a deception and likely a scam - pure and simple.
     
  19. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    :banghead: 8 posts by the same poster, quoting himself numerous times, answering his own questions, wasting space and saying nothing. How can we compete with that? I won't even try. :banghead:
     
  20. saroq

    saroq

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Well Alvin we've had to endure months of your lies, hindsight trade posts and general dribble so I think we can give over a bit of space to try and educate people about the deceptive practices of Daniel Kertcher and to warn them about his con.
     
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