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Check Oil fellas...huge move down there not retracing. Lets see how this thing closes today. #Tradetheaction

You know what I follow crude on the regular...I have been noticing some weird action there forsure. We rallied to the monthly level and failed there on friday. Virtually every other risk asset has broken out and crude has gone sideways. In my experience action such as this usually precedes a big...

Can you say great tell? Trade the action...be aware of the headlines but don't get caught up in them. The market action last week was very telling!

Anyone looking to fade this market should also rethink their approach. In the sectors that I follow we have some major breakouts on the weeklies charts. Big macro patterns and bases that are breaking out with good price action. Although the market is a little overextended in some areas we will...

Here's a little Charting of ZB. ZB has been a very choppy trade to the downside, but I think we are setting up for a little bit of an inflection point here. Pivot moving averages are beginning to curl down. We have some macro patterns at work here for all you chartists. Selling on spikes is...

gmst, If i remember correctly you had some pretty serious discipline issues as far as your trading is concerned. Now if there is one thing that i've learned about this business is that execution is NEEDED in order to have any sort of success. If you can't even execute a process in a...

GDX-GLD

That dollar breakdown to me is the most significant thing I am seeing on a long term time frame. Saw a major break of the uptrend into the quarter yesterday. Sliced right through the 200 day and quarter today!

Honestly, what are you guys even arguing about anymore? gmst, Mav is not a shill for Patak...he doesn't get compensated in anyway by them. Believe me this is the truth lol. You have some guys that think this is a good program for blah blah, others that think it isn't. The only beef I had...

You can play around with the hist vol a bit and use a number of different time periods. Something shorter so its more sensitive to changes. Even on a shorter frequency there still looks to be a little discrepancy. Sept to October does look to be historically bullish for vol so that may explain...

Hey John, Any commentary in the discrepancy in the Implied vol and Historical vol in the ATM SPX options. I haven't seen this wide of a divergence in this type of enviroment...ever.

Yea, there is some useful stuff on this site. It is hidden in all the other stuff tho, so it takes some digging. I can't say there has been anything earth shattering that I didn't already see in some other text or more direct source.

Sorry man this thread was gone long ago...ET isn't the place to have a focused discussion on anything :(

You can't just make a blanket statement that CL is a superior trading vehicle to the indices or any other market. Different markets move at different times. Volatility is cyclical and usually when you have good trading in one market for an extended period of time it is usually due for a rest and...

Negativity is negativity. There are plenty of people in this world that project their own insecurities onto others. They have self-limiting beliefs and therefore believe others to have those same restrictions. Unfortunately this website tends to attract more of the above type than most other...

Now to be fair this isn't really a fair comparison. You can't really compare a firm like TST to a futures prop firm operation. When I worked traded at Avatar we had some guys that pulled in some big numbers, and still are doing the same even now. Their risk management was much more lax than...

hahah. Man this threads still going! Enjoy the long weekend people and get off ET!

I'm coming at this from a neutral perspective. I have no bias and honestly don't have any personal interest in any of Patak's offerings. I'm just partaking in this little conversation we have going on here. You don't need to tell me this business is tough lol. This business is like any...

Look its simple, he asked a question that I thought was appropriate. The answer still hasn't been given. I don't have all the problems with the rules that many of the guys have in here. It's their program and PTK's money and they make the rules! Its upto the consumer to decide if they want...

I don't think ive every found myself agreeing with you Lucias lol, but yea the answer is troubling so far. Maybe after the holiday weekend, Patak could at least give some insight into the issue. Nobody is asking for private info on traders, just a little insight into whether the program is...