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Since my clients come to me as experienced traders, they can tell what works and what doesn't, and they have stated in their own words that if they dedicate themselves and put in the time and effort that there is edge and profitability in my methods. RockMachine: At the risk of voiding my...

It is my choice whom I choose to take on as clients. The vetting process works both ways. I will not accept for a client anyone who doesn't have the smarts to recognize that the references, performance and related work committment of other clients is the very best benchmark for how he himself...

My perspective and 2 cents: What stands to reason is that random trade management is far more destructive to your trading account than random trade entries.

KP, sorry for taking the thread for a stroll - it's just that 007Arb is such a quality conversationalist and that is SO rare these days on ET. Which segues nicely back to your point, KP. Even if ET had, let's say, 500 authenticated profitable genuine bonafide traders - unfortunately it does...

Well, IMHO even if his performance claims were proven true in terms of his own trading - that is certainly no assurance that his clients would be similarly successful. If the trading strategy doesn't translate well to his clients, and if his clients aren't pleased with their results, then all...

If someone hires a mentor or educator and just expects to be gifted with an ATM with very little effort on his part - then that person will never succeed. The secret is that there is no secret. No holy grail. Every successful trader works his ass off at it. And if someone requires certainty -...

Dead nuts on. If someone chooses to blindly take live trades off of an anonymous poster's blog without putting in the work to understand the logic and strategy and to verify the posted timing behind the trade entries and exits - then that person will not succeed. Likewise, if someone hires a...

And to your point and to the OP's original point about the validity of journal entries and market calls, there has been some very recent regulatory interest regarding trading journal entries made here on ET by regulators. Even warranted a household visit. In terms of a trading website where...

I agree 100% that this site needs some concept or way forward to attract serious, legitimate traders to post good technical content on a consistent basis. I'm all for it. Get rid of the posers and encourage or even pay the real traders to post good technical content. And I'm not particularly...

Quite a few futures prop traders don't get paid on a 1099 - they get paid on a W-2 as an employee ( CME Rules for electronic member firms ) or on a Form K-1 as income from a partnership. Great idea, but it's more complicated from a practical accounting perspective than first blush appearance...

I would like to welcome a new client, who is in banking in NYC. He has been trading his own personal account.

Thank God I found your post. I was considering changing my accounts from Chase over to BoA. Appearances be damned - I just might do all my banking out of a Credit Union that my father put a few bucks into for me when I was a child.

Ogarbitrage, you are the man. Way smart. Did you see the latest news about the Canadians building their own pipeline ? http://www.bloomberg.com/news/2014-10-08/keystone-be-darned-canada-finds-oil-route-around-obama.html

If the casino changed out the card decks more often - wouldn't that help mitigate his "learning" cycle in terms of identifying edge imperfections ? I mean, they change the dies at the craps table. Anybody know how often a casino changes out the cards ? Great post, btw.

Herman Miller. Chairs are a big deal, and like most other things you get what you pay for. Also, chair height and chair elbow rest adjustment and mouse design will also cut down on wrist and arm discomfort. I have gone to some rather extreme lengths to have a good trading work space. I have...

RockMachine: At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor's service. 1. The price is high = yes. However, as stated Bone ONLY wants experienced traders. Well, experienced traders are MUCH harder to train because you have to un-train them...

They do if the "educator" has somehow promised or promoted specific or certain performance claims to the client, is incorrectly handling and segregating client funds meant for trading, or is directly or indirectly receiving fees or commissions or some other "haircut" from brokers or FCMs or...

This is why keeping a personal journal, while sounding cliche and so "old school", is so important to avoid repeating mistakes.

My guess is that her arguement that she signed the pre-nup under duress won't hold water because a judge would likely find that she certainly had access to ( could financially afford ) an attorney before she signed the contract. The other affirmative action legal in Illinois to void a pre-nup...

Proving once again that it is truly "cheaper by the piece".