Your Questions About Successful Trading Stories

Susan asks…

can someone please read over this!?

can you read over this and see if its correct thanks so much.
by the way all this is made up information there is no louis its for a story so dont mind if theres no facts 🙂

Louis Patrick Williams was born on Monday, august, 30, 1750 to mother Serena Elizabeth Williams and father John Patrick Williams. His father, John Patrick Williams was a middle class banker he worked at the national bank of Great Britain, also where Louis Patrick Williams worked for at a short period of time. His mother Serena Elizabeth Williams was a house wife taking care of Louis Patrick Williams, his two older brothers James and Christopher, and also his younger sister Victoria. Serena Elizabeth Williams also made clothes for people and she once even made a dress for the duke’s wife. In school Louis was known as a very bright intelligent young boy. His grandfather who went sail with many famous explorers inspired Louis. It was also said that Louis great ancestors once set sail with Christopher Columbus. At age 20 while going to the castle royal majesty queen of England saw a young man trading at the super market she was very impressed by his talents. The queen thought she should send him off to trade goods but many people doubted Louis credibility, after 2 years the queen talked to Louis and didn’t have a doubt in her mind that Louis would fail to meet expectations so she gave him a ship and some sailors to set sail on a voyage to America to trade goods. Louis set out his first voyage to North America but failed when the people of America would not let him come into the country. The queen was very disappointed at Louis for trusting him when he didn’t even get into the country. For 4 years Louis was depressed and then came up with an idea but the queen refused to give him a second chance after explaining his plan to go to South America and get silk and spices the queen decided to give him 1 last chance. This time Louis was successful when he came upon a land called Ethia (now known as Terabithia) the chief of the country accepted him into the land. Louis would trade and get so many goods. The queen was very happy with him she even gave him a mansion in return for all the goods he got from Terabithia. Soon the queen loved the country so much she took over it. Louis married a school teacher named Mary Anne Fitzpatrick the two had a son named John Patrick Williams the 2nd and a daughter named Isabella Anne Williams.

John answers:

Louis Patrick Williams was born on Monday, August, 30, 1750 to Serena Elizabeth Williams andJohn Patrick Williams. His father was a middle class banker who worked at the National Bank of Great Britain. This is also where Louis Patrick Williams worked for at a short period of time. His mother Serena Elizabeth Williams was a housewife, taking care of Louis, his two older brothers James and Christopher, and his younger sister Victoria. Serena also made clothes for people and once, even made a dress for the Duke’s wife. In school, Louis was known as a veryintelligent young boy. His grandfather, who sailed with many famous explorers inspired Louis. It was also said that Louis great ancestors once set sail with Christopher Columbus. At age 20, while visiting the castle, Her Royal Majesty, the Queen of England saw a young man trading at the supermarket and was very impressed by his talents. The Queen thought she should send him off to trade goods, but many others doubted Louis’ credibility After 2 years had passed, the Queen talked to Louis, and did not have a doubt in her mind that he would meet expectations. So, she gave him a ship and some sailors to set out on a voyage to America for the purpose of trade. Louis set out his first voyage to North America, but fhe ailed when the people of America would not let him come into the country. The Queen was very disappointed in Louis. A she had trusted him and he could not even get into the country. For 4 years, Louis was depressed. Then, he came up with an idea. The queen refused to give him a second chance. Once he had explained his plan to go to South America and get silk and spices the queen decided to give him one last chance. This time Louis was successful when he came upon a land called Ethia (now known as Terabithia). The chief of the country accepted him into the land. Louis would trade and obtain many goods. The queen was very pleased with him. She even gave him a mansion in return for all the goods he brought back from Ethia. Soon the queen loved the country so much she took over rulership. Louis married a school teacher named Mary Anne Fitzpatrick. They had a son named John Patrick Williams II and a daughter named Isabella Anne Williams.

I hope this helps. It needs some more detail for stregth and to make paragraphs breaks possible as it is not a cohesive story at this point.

Jenny asks…

History Help!!!! This is NOT homework?

9. Which nation hoped to gain power, prestige, wealth, and security by becoming an imperial power in the late 1800s? (Points : 3)
Japan
Manchuria

Russia

China

10. Most of China’s population is located in the eastern half of the country where the climate is __________. (Points : 3)
cool summer

humid continental

semiarid steppe

humid subtropical

11. Japan’s nationalism and rise as an imperial power can be traced back to __________. (Points : 3)
its response to Western imperial interest in Japan

the United States’ decision to negotiate trade agreements with Japan

the outcome of the Sino-Japanese War

the civil war in which rebels defeated the Tokugawa shogun

12. Japan is part of the Pacific Ring of Fire, which explains why __________. (Points : 3)
many Japanese cities are located on Japan’s eastern coasts

Japanese children take part in disaster preparedness drills at school

tsunamis can travel the width of the Pacific in less than 24 hours

office buildings in Japan can be no taller than 10 stories

13. By 1910, Japanese imperialism had helped make __________ an important part of Japanese culture. (Points : 3)
isolationism

nationalism

communalism

feudalism

14. In 1900, which nation controlled more territory than any other imperial nation? (Points : 3)
Great Britain

Japan

Germany

United States

15. Great Britain’s empire in the late 1800s included colonies in Africa and a sphere of influence in China. Which of the following statements is true? (Points : 3)
Great Britain directly controlled all aspects of the Chinese government.

Great Britain advised African rulers, but allowed Africans to govern themselves.

Great Britain influenced only economic aspects of African kingdoms.

Great Britain exerted significant influence in China under threat of military force.

16. What did the Meiji government promote as one key to successful modernization and industrialization? (Points : 3)
expertise from foreign consultants

education for all Japanese children

strict tariffs and trade agreements

continued reliance on traditional teachings

17. The major cause of Britain’s war against China in the mid-nineteenth century was __________. (Points : 3)
China’s refusal to sell rice to Great Britain

Britain’s refusal to stop selling opium in China

China’s attacks on British ships and citizens

Britain’s attacks on Chinese ships and citizens

18. Although their approach to modernization and imperialism was different, China and Japan agreed that __________. (Points : 3)
they needed to develop strong armies and navies for protection against the West

their traditional ancient cultures would not be threatened by Western imperialism

Western imperialism would adversely affect their economies, governments, and citizens

Western imperialism would have a positive effect on the growth of their industries and economies

19. Which is a true statement about Western colonization in Africa? (Points : 3)
Millions of Africans died as a result of Western colonization.

Africans welcomed Western colonization because they wanted the medical treatment that became available.

Europeans respected African traditions and culture so colonization was gradual and civil.

A long history of European involvement in Africa made colonization easy.

20. What is a tsunami? (Points : 3)
a Japanese soldier trained to disregard all danger

a rare delicacy made from raw fish, special spices, rice, and kelp

an ocean wave often caused by undersea volcanic eruptions or earthquakes

a garment worn by the Samurai that shows their specific rank and power

21. What late nineteenth-century government believed that it had contributed remarkable achievements, inventions, and innovations to the world and had no reason to imitate foreigners? (Points : 3)
United States

France

China

Japan

22. Ours is a superior civilization. Our laws, our industry, our values, and our religion have been a gift to the world for centuries.

Whose viewpoint in the late 1800s is most clearly expressed in this statement?
(Points : 3)
the Chinese government

the Japanese government

the U.S. government

the British government

John answers:

9. China
10.humid subtropical
11.the United States’ decision to negotiate trade agreements with Japan
12.tsunamis can travel the width of the Pacific in less than 24 hours
13.feudalism
14.Great Britain
15.Great Britain exerted significant influence in China under threat of military force.
16.continued reliance on traditional teachings
17.Britain’s attacks on Chinese ships and citizens
18.they needed to develop strong armies and navies for protection against the West
19.Africans welcomed Western colonization because they wanted the medical treatment that became available.
20.an ocean wave often caused by undersea volcanic eruptions or earthquakes
21.United States
22.the Chinese government

Lizzie asks…

Can you really make times over your capital by speculation?

I was thinking about one article by Prof. Thorp, who is one of the most successful investors…and as well a “casino legend” :).
So, in brief, Prof. Thorp discusses the Kelly criterion(in brief: the kelly critation is a simple formula which suggests what fraction of your money you should trade, here is a detailed description: http://en.wikipedia.org/wiki/Kelly_criterion).

So, at some point of his article Prof. Thorp tells a story how some time ago(1994) he and some young Phd student have tried to apply a kelly theory within the sport betting. According to the article, they have made a return of 100% within 6 months.

Now…lets assume that 100% was a pretty decent result for 6 months, and hence lets put 100% roughly yearly return…
If you calculate this with the compound rate, it seems that Prof Thorp would have made $239,148,417,024 from the date he started, 1994, to present days, 2008.In other words: over 200bln USD for 14 years, with initial capital of 50K.

Now, I know the practical problems that the bookies won’t pay him such amount :), but assuming that they apply Kelly to a game with negative expacation, think about it when it comes to Forex or stok trading :). Not surprisingly Warren Buffet uses Kelly…and he is a close friend to Prof. Thorp as well.

P.S.
Not a bad amount if you ask me :).

John answers:

The Kelly strategy is fascinating and has potential application to investing, you are correct. However, it’s a long way from that to extrapolating from one experiment and assuming you can get a 100% return/yr just by adopting it.

Maria asks…

Is Ebay Corrupt? Im inclined to think so!?

I posted this to Ebay’s Trust and Safety after our Coin Forgery Group’s failure to get Ebay to make it a safe trading environment as is their mandate. This is just one instance out of literally thousands where Ebay’s greed has set a new low!
Hi,
Im a member of the Ebay Coin Forgery Group. We have reported many listings to the Coin Community Watch (CCW) and have been successful in removing many seller’s “counterfeit” or “altered” items in the past.
A classic case in point is recently we reported one U.S. seller “embosed” items; 160494639309, 350404822991, 160494679633, 160494673873, 350404814749.
Ebay removed one of the five items, Item 160494639309, and the seller himself removed Item 350404814749 early. The other three coins were not touched by Ebay and two of them sold for a large amount of money.
We have reported this seller “embosed” items on numerous occasions and we KNOW without a doubt that all of these coins were counterfeits except for Item 160494639309, which was declared an “altered date”.
Every time this seller sells Counterfeit and Altered coins for big money he makes his feedback private so that the group cant see who his buyers are!
Every time Ebay has removed items, no sanctions are put on the sellers account, or they get a momentary “slap on the hand”! In the case of “embosed” (Eldritch Yap) he maintains his Power Seller and Top Rated status despite having been caught cold by our group time after time!
We have proven that “embosed” is AKA “blazingluster” (formerly chunli_1975) and also know of at least one other shill bidder “bogsii” that he uses, and still Ebay allows this criminal and many like him to continue their illegal pratices…..simply because they make Ebay MONEY!
I personally feel that Ebay is no longer concerned with making the Ebay Market Place a SAFE trading environment, and especially in these times of rec cession we feel Ebay isn’t following their mandate to make Ebay a safe buying environment! Ebay’s greed has gotten the better of them!
Check out our group’s postings and see that I am not the only one who feels this way!
I’m so fed up with Ebay’s inaction, that the only option for me now is to try to bring this situation into more light and out into public view. Im making a copy of this letter and will post on YAHOO Questions and Answers and I will forward it to every politician I can via congress.org
END OF STORY!!!
You are the MORON Dr Phil.

John answers:

I’m guessing so. Their fees seem to keep going up, and PayPal which doesn’t have the best reputation is owned by them too and throws in all sorts of little fees for transactions

John asks…

Has anyone started a successful business?

I’m not looking for ideas for myself as such. It’s just you hear stories where people have started with nothing and built themselves up to a flourishing business. I wondered if anyone has done this, what trade their in, and how long it has taken etc. It doesn’t have to have made you a millionaire, just where you see yourself as being successful.

John answers:

I do not think these days it is realisticaly possible to start a business with nothing.. A few years ago it was.
One guy i know started a conservatory components business after being made bankrupt twice. He finished up a multi millionaire. He says if he tried to do it now he would have no chance.
Now you can get no start up grant,banks will not lend money (even if you have a solid business plan ) and if you have no capital of your own its impossible.

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