What can one expect from cold calling? $$

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Gaddock's picture
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I just got my tax and wage statement for my second calender year in this business. FYI I'm the least shiniest person in the group I started with. My education was mediocre at a mediocre college that was known for parties. I have no graduate degree. I'm short, fat, half crippled and losing my hair. One thing I do know is how to work hard AND make money in the market. I had ZERO connections and refused to recruit family members.
 
I worked harder and smarter than most which is the only way I can conclude why I'm smoking them all (that are left in my class) in production by 258% of the class average.
 
The first year I cold called with over 35000 dials in total and did everything I could to get 40 new contacts a day. I believe if you do this you can't fail no matter how impossible it will feel at times. If I had to start over again I have 110% confidence I would be where I am now or even better.
 
If I can pull this off YOU CAN
 
$122,395.94 W2 income 
 
+ $58,000 deferred comp bonus for production and another $10200 of deferred comp for growing my business more than 15% this year. AND the remaining $12,500 of $25,000 that is for business expenses.
 
In 2010 I'll bring home at least 30% more.

Roxie's picture
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Joined: 2009-10-19

Those are some impressive numbers! 
 
Do you have any support staff or assistant?

Gaddock's picture
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Joined: 2007-02-23

I have an assistant that I share with two other brokers. I am the only one that gives bonuses so I get better help and she's awesome. I pretty much dont do any paperwork. Sure did not start out that way. I was 100% on my own with a bunch of vultures waiting to split up my book.

Mr.Blonde's picture
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Gaddock wrote:I just got my tax and wage statement for my second calender year in this business. FYI I'm the least shiniest person in the group I started with. My education was mediocre at a mediocre college that was known for parties. I have no graduate degree. I'm short, fat, half crippled and losing my hair. One thing I do know is how to work hard AND make money in the market. I had ZERO connections and refused to recruit family members.
 
I worked harder and smarter than most which is the only way I can conclude why I'm smoking them all (that are left in my class) in production by 258% of the class average.
 
The first year I cold called with over 35000 dials in total and did everything I could to get 40 new contacts a day. I believe if you do this you can't fail no matter how impossible it will feel at times. If I had to start over again I have 110% confidence I would be where I am now or even better.
 
If I can pull this off YOU CAN
 
$122,395.94 W2 income 
 
+ $58,000 deferred comp bonus for production and another $10200 of deferred comp for growing my business more than 15% this year. AND the remaining $12,500 of $25,000 that is for business expenses.
 
In 2010 I'll bring home at least 30% more.
 
what was you career background before this? Congrats on the $$

Roxie's picture
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Joined: 2009-10-19

Looks like you average 145 calls a day if I take 35k and divide by 12 months and 20 days in a month.  On another thread you posted: 

Daily Activity

Gaddock

Dials

364

Contacts

15

Qualified Leads / Prospects
 

Contacts per Prospect
9

Looks like some variability in calls is that right?
 
Also, do not remember reading anywhere do you have a "brand name" behind you or is is "jellystone investments"?   Just trying to figure out the other obstacles you might have had to overcome.  Clearly dialing is a non issue for you. 
 

Gaddock's picture
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Thank you. I was prop trading stat risk arbitrage at bright and before that insurance sales. I was a partner of an insurance agency that did group health insurance primarily that was sold when the market became pretty much a duopoly. Some guys bought it for a ridiculous amount of money that allowed me to concentrate on trading.

Curious1's picture
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Joined: 2009-09-15

Thanks for sharing your story and your numbers Gaddock. I read everything you post and always come away confident and inspired. Thanks for sharing your great attitude and continued success with everyone on here!  Hope you have an incredible 2010!!

Gaddock's picture
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Joined: 2007-02-23

Roxie wrote:
Looks like you average 145 calls a day if I take 35k and divide by 12 months and 20 days in a month.  On another thread you posted: 

Daily Activity

Gaddock

Dials

364

Contacts

15

Qualified Leads / Prospects
 

Contacts per Prospect
9

Looks like some variability in calls is that right?
 
Also, do not remember reading anywhere do you have a "brand name" behind you or is is "jellystone investments"?   Just trying to figure out the other obstacles you might have had to overcome.  Clearly dialing is a non issue for you. 
 
 
The calling was not linear as time went by and I was building my book there was less and less time for cold calling. Those stats are right on the money as I took pretty good records. I started with AGE and rode the horse through the entire sordid affair so you can easily conclude who I'm with now.
 
At first I was calling at the tail end of a bull market. Nobody was even opening their statement as every time they did they had more money than before. The February when the first real cracks in the foundation began to show the prospecting was MUCH MUCH easier.
 
By the time the market was crashing I was shorting the market. I had two very wealthy clients that brought me other wealthy people and we made a lot of money while their other brokers were like deer in the headlights.
 
If there was anything that was key in my success it was being very proactive when the market tanked.

Mr.Blonde's picture
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Gaddock wrote:Roxie wrote:
Looks like you average 145 calls a day if I take 35k and divide by 12 months and 20 days in a month.  On another thread you posted: 

Daily Activity

Gaddock

Dials

364

Contacts

15

Qualified Leads / Prospects
 

Contacts per Prospect
9

Looks like some variability in calls is that right?
 
Also, do not remember reading anywhere do you have a "brand name" behind you or is is "jellystone investments"?   Just trying to figure out the other obstacles you might have had to overcome.  Clearly dialing is a non issue for you. 
 
 
The calling was not linear as time went by and I was building my book there was less and less time for cold calling. Those stats are right on the money as I took pretty good records. I started with AGE and rode the horse through the entire sordid affair so you can easily conclude who I'm with now.
 
At first I was calling at the tail end of a bull market. Nobody was even opening their statement as every time they did they had more money than before. The February when the first real cracks in the foundation began to show the prospecting was MUCH MUCH easier.
 
How many assets does it take to generate that revenue in your second year?

Gaddock's picture
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Joined: 2007-02-23

Not as much as you would think. I do large amounts of trades. I dropped over 5000 tickets in 09. About two thirds were transactional and averaged out at about $97. Options tickets can be as high a 5% on some trades. I averaged a bit over 60% net with a beta of .57 so even with fees that some feel are high I have no complaints.

Gaddock's picture
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Curious1 wrote:Thanks for sharing your story and your numbers Gaddock. I read everything you post and always come away confident and inspired. Thanks for sharing your great attitude and continued success with everyone on here!  Hope you have an incredible 2010!!
 
A response and the karma received from a post like that is worth a million dollars. I don't know about the great attitude these days here but I am proud. After getting this thing off the ground, the hardest thing I've ever done, I can see how one might become a bit arrogant. But again if I can do it ANYBODY can do it. THAT MEANS YOU!!!

chief123's picture
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Joined: 2008-10-28

I too am a follower and fan... Care to divulge any other information about your calling strategy?
 
Residential vs Business or both..
Script preferences(product vs planning)
Times to call
average day?

Squash1's picture
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Joined: 2008-11-19

Gaddock wrote:I just got my tax and wage statement for my second calender year in this business. FYI I'm the least shiniest person in the group I started with. My education was mediocre at a mediocre college that was known for parties. I have no graduate degree. I'm short, fat, half crippled and losing my hair. One thing I do know is how to work hard AND make money in the market. I had ZERO connections and refused to recruit family members.
 
I worked harder and smarter than most which is the only way I can conclude why I'm smoking them all (that are left in my class) in production by 258% of the class average.
 
The first year I cold called with over 35000 dials in total and did everything I could to get 40 new contacts a day. I believe if you do this you can't fail no matter how impossible it will feel at times. If I had to start over again I have 110% confidence I would be where I am now or even better.
 
If I can pull this off YOU CAN
 
$122,395.94 W2 income 
 
+ $58,000 deferred comp bonus for production and another $10200 of deferred comp for growing my business more than 15% this year. AND the remaining $12,500 of $25,000 that is for business expenses.
 
In 2010 I'll bring home at least 30% more.

 
I am guessing for $120K in W-2 income your production for the year had to be in the neighborhood of at least $300K.. am I correct?

Wet_Blanket's picture
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Joined: 2008-11-13

You should get a couple discretionary accounts opened (if approved) and start building a track record.  Keep in mind what you will need for performance portability issues when you eventually leave your firm.

SometimesNowhere's picture
Joined: 2008-12-22

chief123 wrote:I too am a follower and fan... Care to divulge any other information about your calling strategy?
 
Residential vs Business or both..
Script preferences(product vs planning)
Times to call
average day?
 
+1

stokwiz's picture
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Joined: 2004-12-04

Good numbers Gaddock.
 
I worked for Stuart James like 19 years ago myself, I thought I read a post of yours recently where you said you worked there? A little confusion as to the 2nd full year in the biz.
 
Great work ethic, congrats!
 
Stok

BondGuy's picture
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Joined: 2006-09-21

Beginner's luck!!!!! Who are you kidding!
 
Seriously, nice job. Looking forward to reading about your continued success.

Mr.Blonde's picture
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Gaddock wrote:I just got my tax and wage statement for my second calender year in this business. FYI I'm the least shiniest person in the group I started with. My education was mediocre at a mediocre college that was known for parties. I have no graduate degree. I'm short, fat, half crippled and losing my hair. One thing I do know is how to work hard AND make money in the market. I had ZERO connections and refused to recruit family members.
 
I worked harder and smarter than most which is the only way I can conclude why I'm smoking them all (that are left in my class) in production by 258% of the class average.
 
The first year I cold called with over 35000 dials in total and did everything I could to get 40 new contacts a day. I believe if you do this you can't fail no matter how impossible it will feel at times. If I had to start over again I have 110% confidence I would be where I am now or even better.
 
If I can pull this off YOU CAN
 
$122,395.94 W2 income 
 
+ $58,000 deferred comp bonus for production and another $10200 of deferred comp for growing my business more than 15% this year. AND the remaining $12,500 of $25,000 that is for business expenses.
 
In 2010 I'll bring home at least 30% more.
 
You should reward yourself with some rogaine and a personal trainer
 
Just kidding, I look forward to more success stories and use that as motivation; You're obviously killing it and making clients happy at the same time, they don't always go hand in hand

Ronnie Dobbs's picture
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Joined: 2009-07-23

Talk about a hypocritcal thread! If i would have posted this, holy crap. sh*tstorm.

Ronnie Dobbs's picture
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mlgone wrote:Ronnie Dobbs wrote:Talk about a hypocritcal thread! If i would have posted this, holy crap. sh*tstorm.
 
yeah well if you had then we would add in the IDIOT factor
 
Coming from a guy who talks and spells like he's 5.

Ron 14's picture
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Joined: 2008-07-10

I never thought I would say this, but I agree with you Wind. People need to zip up their pants and realize that he has accounts in which he has discretionary trading authority. He didn't do 350k gross because he brought in 35mil in 1% wrap accounts in year one or two. Gaddock is obviously doing a great job and has found a niche that fits him perfectly. It needs to be pointed out that the way he is building his book and managing money is different from 99% of us. It isn't financial planning, it is trading.

Ronnie Dobbs's picture
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Ron 14 wrote:I never thought I would say this, but I agree with you Wind. 
 
Holy crap, do I smell a truce Ron?

Ron 14's picture
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I think thats my pants. I had chili for lunch. Luckily the weather is keeping people out of the branch today because it smells like an outhouse.

Gaddock's picture
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Ron 14 wrote:I never thought I would say this, but I agree with you Wind. People need to zip up their pants and realize that he has accounts in which he has discretionary trading authority. He didn't do 350k gross because he brought in 35mil in 1% wrap accounts in year one or two. Gaddock is obviously doing a great job and has found a niche that fits him perfectly. It needs to be pointed out that the way he is building his book and managing money is different from 99% of us. It isn't financial planning, it is trading.
 
First off, thank you ALL for the positive comments. I've learned more than I can quantify by reading peoples thoughts and experiences on this BBS. Thank you all.
 
Ron, not sure where the "People need to zip up their pants" comments comes from and I guess I don't want to know.
 
Ron is correct. My business model is different from any I have seen. I feel planning is very secondary to making money. All my efforts have been in finding and executing high probability trades that diversify and hedge the account(s). My gig is to keep the account(s) "market neutral" Any direction the market goes will allow us to have a desired effect. Today I was selling puts and buying back calls. The constant hedging is why my overall beta is .57.
 
I created software that searches the market for these high probability trades and a way to always monitor them to insure they remain 'in tolerance'
 
I only take trades that have an 85% probability or better. That means nothing on any one trade but the larger the sample becomes the more validity the probabilities have. My sample is getting larger and larger by the day.
 
Example. I found a trade that used a buy and sell on an option that resulted in a 18% credit on a February expiration. It has a 97% probability of success. That's the kind of edge I LOVE and create on a daily basis
 
Beyond the cold calls I've received some huge referrals that are centers of influence the keep the snowball rolling down the hill.
 
That's kind of it in a nutshell.

Ron 14's picture
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And I will add this.... For you guys who have made it in this business and are pulling in 100k/200k plus with little or no effort you would be an idiot not to contact Gaddock and open an account. What he is doing beats any "alternative" forms of investing that seem to be sprouting up in all corners. I don't know Gaddock at all outside of this forum and I benefit in no way from promoting his services. In fact, half of the time we are going after each other on this site. What I will say is I have significant floor trading experience and I understand the opportunites. There are very few ways, if any, in which the average investor can benefit from market volatility without murdering themselves. His use of options provides this opportunity. PM him, liquidate 10-15% of your sh*tty American Funds Portfolio, and send him a check.

Ronnie Dobbs's picture
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Ron 14 wrote: I have significant floor trading experience ...

How often do you take turns? Make sure you wear your knee pads.....:)...Sorry buddy...Had to...

Gaddock's picture
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Ron 14 wrote:And I will add this.... For you guys who have made it in this business and are pulling in 100k/200k plus with little or no effort you would be an idiot not to contact Gaddock and open an account. What he is doing beats any "alternative" forms of investing that seem to be sprouting up in all corners. I don't know Gaddock at all outside of this forum and I benefit in no way from promoting his services. In fact, half of the time we are going after each other on this site. What I will say is I have significant floor trading experience and I understand the opportunites. There are very few ways, if any, in which the average investor can benefit from market volatility without murdering themselves. His use of options provides this opportunity. PM him, liquidate 10-15% of your sh*tty American Funds Portfolio, and send him a check.
 
Wow! Ron ... you OK? do you have a fever? he he. I know we have had our differences, pretty much nothing but differences. Not sure if you're serious or just have a very smooth way of sarcasm in mammoth proportions.
 
Either way you slice it I do have to hand it to you. The only guy that truly understands the larger part of my strategy is a bank broker. Who would have ever thought that. Reality is truly stranger than fiction.
 
PS I still have not traded one single position that my clients have. I'm still the emotional wreck I always was

Ron 14's picture
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I am being dead serious. Our arguments in the past were always about trading for yourself vs trading for clients and I think we understand each other on that.

Gaddock's picture
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Ron 14 wrote:I am being dead serious. Our arguments in the past were always about trading for yourself vs trading for clients and I think we understand each other on that.
 
Damn ... coming from you that means a lot, thanks. As I said I can't do it for myself. I thought about just taking small positions but then decided I would be screwing my clients by introducing my emotional baggage and it's distortions of fact and reality into the formula. Next time I put money into any mutual funds I'll give you the business, for real.
 
I've decided to invest in vintage machine guns in an NRA trust for my retirement. Believe it or not one can make huge profits if they know what they are doing and are on good terms with the local Sheriff.

chief123's picture
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hey gaddock inbox is full...

Gaddock's picture
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PM me your email address and I'll send you a list.
 
 
 
 

Wet_Blanket's picture
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Gaddock,
 
What do you think the capacity is for your strategy (as in at what AUM limit would you not be able to do this effectively)?

Gaddock's picture
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Its kind of hard to say but I want my book to eventually have 20 to 30 accounts with 3 million plus in them. I see this as a real possibility in the next 3 or 4 years. Since no position exceeds 3% of the account size even when using leverage I don't see an economy of scale issue under 6 or 7 hundred million.
 
Truth is I can only speculate as in truth I have no idea.

Otane's picture
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Gaddock

Did you open all these accounts with appointments or over the phone?

Gaddock's picture
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All in person or by mail after I met in person.

Wet_Blanket's picture
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Interesting.  Let me know when you are shopping for a CCO for your future RIA.

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DD
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mlgone wrote: Wet_Blanket wrote: Interesting.  Let me know when you are shopping for a CCO for your future RIA. GAY
 
JANITOR
 
If you ran a real business you'd not have time to post here all day.  Look for stupid pictures.  Be your witty gay self.  Go back to cleaning tool box.

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mlgone wrote: Wet_Blanket wrote: Interesting.  Let me know when you are shopping for a CCO for your future RIA. GAY
 
What?  It's not like I asked for nudes.

twoeyeguy's picture
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inspiring. thanks gaddock and congrats. im curious about 2 things-- first, what firm are you with that your collecting commissions so quickly rather than being on a flat training salary for your first couple of years? and what made you leave the trading job you had prior to this?

Wet_Blanket's picture
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It's pretty bad when Mel backs me up. 

DD's picture
DD
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mlgone wrote: Wet_Blanket wrote: mlgone wrote: Wet_Blanket wrote: Interesting.  Let me know when you are shopping for a CCO for your future RIA. GAY
 
What?  It's not like I asked for nudes.

just bustin chops.......Go mop a floor piker

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Wet_Blanket wrote:Gaddock,
 
What do you think the capacity is for your strategy (as in at what AUM limit would you not be able to do this effectively)?
 
Very good question and probably the only potential pitfall.

Lawrence's picture
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I've got to be honest: Someone who says they have a trading strategy that beats the market makes me suspicious. And, with your experience Gaddock, you should make yourself suspicious too; especially when we have Ron14 telling us to send you our money.

If you both weren't senior members, I would certainly call fraud.

Markets are up ALOT in 2009. Any trading strategy (except a shorting strategy) made money last year. Anyone in options made a KILLING!!!

Update: Doesn't help that Ron14 just answered a question to Gaddock; and in the manner I would expect Gaddock to answer. (same person?) This is starting to stink!

Ron 14's picture
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Larry, you are an idiot. Check the threads on this site over the last year and see the brawls Gaddock and I have gotten into over options trading and what not. Nobody values my opinion on this site anyway because I am a bank bitch so if we had some scheme lined up I would definitely have started a different screen name. Why don't you do this ? Report me to registeredrep or finra. They can do some computer and phone line investigation to unearth this conspiracy between us.

Lawrence's picture
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Ron 14 wrote: And I will add this.... For you guys who have made it in this business and are pulling in 100k/200k plus with little or no effort you would be an idiot not to contact Gaddock and open an account. What he is doing beats any "alternative" forms of investing that seem to be sprouting up in all corners. I don't know Gaddock at all outside of this forum and I benefit in no way from promoting his services. In fact, half of the time we are going after each other on this site. What I will say is I have significant floor trading experience and I understand the opportunites. There are very few ways, if any, in which the average investor can benefit from market volatility without murdering themselves. His use of options provides this opportunity. PM him, liquidate 10-15% of your sh*tty American Funds Portfolio, and send him a check.

This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

This news release may include “forward-looking statements.” All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements and speak only as of the date on which such statement is made. These statements are based on certain assumptions...

Contacts:
Gaddock @ RR
Ron14 @ The Bank

I'm absolutely not an idiot.
I don't know you, so I can't judge you.
Just telling everyone what my gut is telling me.
You answered a question posed to Gaddock.

LA Broker's picture
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Gaddock wrote:I just got my tax and wage statement for my second calender year in this business. FYI I'm the least shiniest person in the group I started with. My education was mediocre at a mediocre college that was known for parties. I have no graduate degree. I'm short, fat, half crippled and losing my hair. One thing I do know is how to work hard AND make money in the market. I had ZERO connections and refused to recruit family members.
 
I worked harder and smarter than most which is the only way I can conclude why I'm smoking them all (that are left in my class) in production by 258% of the class average.
 
The first year I cold called with over 35000 dials in total and did everything I could to get 40 new contacts a day. I believe if you do this you can't fail no matter how impossible it will feel at times. If I had to start over again I have 110% confidence I would be where I am now or even better.
 
If I can pull this off YOU CAN
 
$122,395.94 W2 income 
 
+ $58,000 deferred comp bonus for production and another $10200 of deferred comp for growing my business more than 15% this year. AND the remaining $12,500 of $25,000 that is for business expenses.
 
In 2010 I'll bring home at least 30% more.
 
 
30K Salary, 500 401K match, verbal abuse from real brokers, oh yeah this kick @ss watch I bought after opening a 25 dollar 529!  Who is your daddy now Biofreeze?
 

LA Broker's picture
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oh yeah my car keys, how could I forget
 

Moraen's picture
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Lawrence wrote: Ron 14 wrote: And I will add this.... For you guys who have made it in this business and are pulling in 100k/200k plus with little or no effort you would be an idiot not to contact Gaddock and open an account. What he is doing beats any "alternative" forms of investing that seem to be sprouting up in all corners. I don't know Gaddock at all outside of this forum and I benefit in no way from promoting his services. In fact, half of the time we are going after each other on this site. What I will say is I have significant floor trading experience and I understand the opportunites. There are very few ways, if any, in which the average investor can benefit from market volatility without murdering themselves. His use of options provides this opportunity. PM him, liquidate 10-15% of your sh*tty American Funds Portfolio, and send him a check.

This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

This news release may include “forward-looking statements.” All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements and speak only as of the date on which such statement is made. These statements are based on certain assumptions...

Contacts:
Gaddock @ RR
Ron14 @ The Bank

I'm absolutely not an idiot.
I don't know you, so I can't judge you.
Just telling everyone what my gut is telling me.
You answered a question posed to Gaddock. Yes you are an idiot.  A little Roogle would have made you  notice that.  Ron is a bona fide asset allocation enthusiast, as well as an EMH guy and believes mainly in planning.Gaddock is a genius with numbers.  It makes you suspicious when someone says  they beat the market.  Well, I beat the market handily.  As a matter of fact, last year I beat Gaddock's numbers.  Although my portfolios were considerably more risky.  I've spoken with Gaddock over the phone.  He's the real deal.Your gut is wrong this time Gibbs.

SometimesNowhere's picture
Joined: 2008-12-22

Lawrence wrote: Ron 14 wrote: And I will add this.... For you guys who have made it in this business and are pulling in 100k/200k plus with little or no effort you would be an idiot not to contact Gaddock and open an account. What he is doing beats any "alternative" forms of investing that seem to be sprouting up in all corners. I don't know Gaddock at all outside of this forum and I benefit in no way from promoting his services. In fact, half of the time we are going after each other on this site. What I will say is I have significant floor trading experience and I understand the opportunites. There are very few ways, if any, in which the average investor can benefit from market volatility without murdering themselves. His use of options provides this opportunity. PM him, liquidate 10-15% of your sh*tty American Funds Portfolio, and send him a check.

This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

This news release may include “forward-looking statements.” All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements and speak only as of the date on which such statement is made. These statements are based on certain assumptions...

Contacts:
Gaddock @ RR
Ron14 @ The Bank

I'm absolutely not an idiot.
I don't know you, so I can't judge you.
Just telling everyone what my gut is telling me.
You answered a question posed to Gaddock. Gaddock, I can't believe you made over 1600 posts under the screen name Ron14 just to answer your own question in this thread! That's brilliant!Since the cat is out of the bag, I am also BondGuy. See you guys, off to my 40 foot yacht!

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Joined: 2010-01-04

iceco1d wrote:
Lawrence wrote:I've got to be honest: Someone who says they have a trading strategy that beats the market makes me suspicious. And, with your experience Gaddock, you should make yourself suspicious too; especially when we have Ron14 telling us to send you our money.

If you both weren't senior members, I would certainly call fraud.

Markets are up ALOT in 2009. Any trading strategy (except a shorting strategy) made money last year. Anyone in options made a KILLING!!!

Update: Doesn't help that Ron14 just answered a question to Gaddock; and in the manner I would expect Gaddock to answer. (same person?) This is starting to stink!Really?  How did the people buying puts do?  Anyone that's been on this site for more than a week knows that Gaddock & Ron aren't the same person.------Gaddock, You've only shared a few trades on here...as I recall, they been buy a call, short the stock, and write a put (oh, and hope for no special dividends).  Anything else out there you're doing consistently?

See, there's my defense - I've been here less than a week.

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Joined: 2005-09-29

Just so nobody gets confused, I also post under the names of "Gaddock",  "Ron 14", "iceco1d", "putsy" and "Bobby Hull".

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