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Ummm... there has never been an easy way to trade and make money. If you thought is was so "easy", then you are foolish and naive to have believed that the ATM would last. And I have 70 clients, all who are ET Members, who make money spread trading futures pairs, butterflys, and condors...

What he really means is that Stevie Wonder could have seen this one coming.

I don't think that is true at all. The fact of the matter is that many ET members just think of it as an afterthought - that somehow the entry signal needs to be the 'holy grail' and that everything else takes care of itself provided you have the ultimate trade entry signal. Money ( position...

The CTAs and HFs are going private. I have spoken to six CTAs this year who are going solo again.

Well, it doesn't stop certain ET members from claiming C2 as hardcore trading experience, and then crowing about it. There's one in particular whose ROI was 4.7% in 2010, but he claims that he's "the best in the world at what he does". It is a brilliant business idea in some respects, but...

Markets are always changing... been that way since the dawn of organized trading. There never has, and never will be, "the good 'ole days" again because the truth is that what some traders considered "good" was just another phase in a constantly changing structure. In reality, you have to...

That is brilliant.

You two "wackos" just blew up my video card with that banner. Jeez.

There is no right way or wrong way to make money trading markets... if you are consistent trading the markets by reading the peanuts in your shit, then who am I to judge ? I have used a Bloomberg on and off for the past 20 years - the only reason I have done without the past three years is...

Ummm... this thread is disappointing if you do understand technical analysis. And I've been using technical and statistical analysis in order to trade live markets for 20 years. In fact, Bloomberg wants to comp me on a workstation in exchange for consulting work in order to improve their...

Good one.

If you cleared MF, you might be of the opinion that it is already upon us. Alternatively, four more years of a truly dysfunctional political administration in the United States, or the collapse of the European welfare state, will do for armageddon.

Well, corrections that occur within the broader framework of a longer term trend happen all the time - in fact, it's required to sustain a trend. The issue is that these important details are never identified or addressed in the "Market Outlook" communiques. It's just ad hoc blurbs. Kinda...

Well, relying upon cyclical studies and wave count analysis in particular like Ellliott Wave will certainly amplify this anxiety. Too vague to be useful, and the constant and ongoing revisions can make it an untenable and psychosis-inducing exercise. How can two completely opposed biases...

I have some clients that take a dozen trades a month, and I have some clients who take a dozen trades a day - and the higher frequency does not necessarily equate to greater net P&L. In terms of boredom, I would say that taking a trading on impulse due to being bored or needing action is...

So, you are not a grown man yourself ? And why be a hater and not a contributor ? I've been at a hedge fund, and I've made a million dollars. It's actually not alot of money these days.

Since these were posted the same day, what are your disciples to do ?

Because you want to insulate yourself from the delta directionality of the flat price directional markets ( the broad equity market like the S&P Index ). The idea is that you profit from the spread differential movement and you are theoretically hedged against the broad market. Rain or shine...

Please look at a live order book several different times during the course of a trading day for the markets in question. Everything else is a futile academic exercise with no basis in reality.

Pelosi makes him look really small change.