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Honestly? Hell, no. They will never allow you to 'lose' much of "their" money, as your BP and daily stop loss will prevent that. That said, they won't risk a dime of their money. Instead, they will allow you to lose a few bucks of your own money ($7k) that they took from you. In a...

Oliver had a solidly established reputation for, shall we say, questionable character long before he left Pristine. This was with the full knowledge and approval of his long-time partner Greg Capra. Don't fool yourself into believing that Greg was an unknowing accomplice into what Ollie was...

P.S. This ends my comments and visitation of the P&R forum.

I don't believe my comment was directed to you. trendlover was 'trialing' Zimmerman based upon public knowledge and I asked him several questions based upon <b>his</b> trial. As for you... Please read up on the Duke lacrosse hype/arrests/trial to learn how fanning the flames of racism can...

Just curious. If Zimmerman was "STALKING Trayvon like a wild animal" => Then why did he call 911 to report a suspicious person? Does that sounds like a 'stalker' with an intent to kill an innocent victim? If he was stalking, with malice intent, why did he run to see where Trayvon went...

If they are reporting potential (not actual) wash sales, then are those numbers being reported to the IRS? Should the trader file their taxes to show no wash sales (as appropriate), or do they need to show the wash sales (matching the broker), then deduct back out the wash sales elsewhere?

I've still got an old ET T-shirt from a Trading Expo ~10 years ago. It has a few well worn holes, and my wife will barely let me wear it anymore. I vote for free T-shirts (and would like a Medium). -Eric

I have traded retail for the past 5-6 years. Very recently (this past August), I converted to a portfolio margined account, which is a wonderful improvement over daytrading margin. I used Genesis Securities until this past March, when they closed their broker dealer business. At that point, I...

I don't like to trade low volume stocks (anything under 150-250k shares per day). My total open exposure varies quite a bit during the day, and also based upon how active the market might be (obviously, the higher the VIX the better). In recent months, I might max out with total combined...

I'm sure the return would be greater if I loosened the risk tolerance. However, my trading doesn't have a dial that says "2% drawdown". With a nightmarish trade, I could potentially have maybe even a 10% drawdown now. It's not likely (and I do 500k+ trades per year now and it's never...

Just stumbled across this thread today. As with a lot of traders, 2011 was a disappointing year for me. With the exception of August, there were relatively few trading opportunities for me. I reduced the amount of capital in my account, as the cash was not needed for buying power most of...

I think he's still on sabbatical in New Zealand. Might be back later this month.

How would we ever 'know' a system will continue profitability? I've been trading successfully every year since the late 1990's and I don't know if my systems will begin consistent losses starting tomorrow. Personally, I don't know what the future will hold, but I do know how I will respond to...

Have you looked at the academic test scores of Australia versus the U.S.? If you do, you'll find they exceed the performance of U.S. students at every age group. Maybe they are <b>worth</b> a min wage of $13 per hour, while in the U.S., our lower tier workers may only be <b>worth</b> $7.00 per...

Actually, I think this is one of the challenges that you face from investors. You are essentially asking an investor to risk their capital on a promising, but untested, strategy. The investor faces a risk of loss of their capital. Let's assume that trading is successful and profitable =>...

How does one calculate the percentage of losing traders, assuming all of the data is in hand? For example, let's assume the following history for a prop firm: Year 1: The firm opens. 100 traders begin trading. 90 fail miserably and go away. Ten have some level of success and continue...

Why take the risk?

I would recommend caution for anyone considering getting involved with Pristine. Few on this site have not heard off the shenanigans and fraud/theft allegations against Pristine co-founder Ollie Velez. In addition, the education guru that I mentioned in my referenced post (who was proven to be...

I have no direct knowledge of Dr. Van Tharp, so I can't comment on him specifically. However, the assumption that those who teach about trading are generally unsuccessful in their own trading is more true than false, IMO. Certainly, there are some exceptions. However, why would someone be...

It's a pity that people have to be so gullible here on ET. It's probably not worth the effort to save such folks from the loss of their money. For what it's worth, myself and others that have posted critical comments about Pristine ARE familiar with Pristine, and have experience with Pristine...