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OK fair enough. I'm just curious what will finally get you to pull the trigger. Fundamentals are best traded via spreads, not outrights. Technically I can't find anything weak about this. Just curious what I might have been over looking.

Well don't everyone breathe a sigh of relief at once. Jeez. :(

I'm curious, what are you using as your catalyst to get short? I don't see any weakness. But that is just my opinion and I'm wrong a lot. Is there something specifically you are waiting to see that will make you get short?

Whenever I get confused, I draw 30 lines on a chart, close my eyes and pick one....that's the one! :) Seriously, it's so obvious isn't it?

Time stops....

Jon's acronym on his trading floor badge was DRJ. His father is a famous surgeon in MN.

Don is still with us. It was good to hear back from him. :)

Why would they publish a track record, it's a brokerage service. I worked on the floor of the CBOE. Mercury Trading was one of the most profitable floor operations and Jon was a good floor trader. Like Tony Saliba, he made his money and got out. Smart move. Like a good trader, he sold...

He is worth 50 million and you're not.

Why would they have to make up the difference out of their pocket? I don't follow. Nobody is trading YM. So most likely nobody is getting member rates on their trades. BTW, TST is NOT an FCM, so they are paying an FCM some commish. So if we take the $1 out for T4, the exchange rates...

Quote from Michael: http://www.elitetrader.com/vb/showthread.php?p=3617920&highlight=patak+member+rates#post3617920 We are a CBOT member firm which is owned by the CME group. Those trading ES would receive the customer exchange rates. If we have YM traders we would pass on the member...

So you are saying you "stole" my magic levels? :) And you are encouraging this type of behavior for others? :eek:

The products in confirmed number lines usually perform best. Regarding which products which bonce off the A levels with the most precision, that would be FX.

No word back yet from Don. I'm beginning to fear the worst. :(

Commodity Trader, I was very lucky. A lot of the guys around my age came into the markets at the right place and the right time. I paid my way through college trading options during the most ridiculous tech bubble ever and then was lucky enough to trade at one of the most infamous equity prop...

Shiko, don't ever listen to me or anyone else that says you can't do something. If you think you can do it and you are willing to make the sacrifices and take the risks to find out, do it! The worst feeling in life is regret. Especially when you near the end of your life and you are...

I won't testify that I know who the backers are. But if "I" were doing this as a business, the logic that makes sense is, I would create two separate entities. That's usually how I deduce how things work, just think about it from the standpoint if I were making the decisions. This is...

No. It's not really meant to be used like that. The indicator is sold as more of a trend. The trading signals are really generated when the moving averages of the ISEE reading get to extremes. In other words, when you get a huge series of extreme readings. I have noticed when you have...

Shiko, I have tried several times to start this dialogue before the Pekelo's of the world interrupt with the "scam" BS and the owners are making billions. What you are asking lies at the crux of the matter. And in the end, it reveals the real issue. The fact of the matter is, most of the...

BTW, I completely left out all the losses they had to sustain from the traders who passed and went live and flamed out. Sure it's only about 1500 on the cheap combine but that could include 50 to 100 traders over the last 4 years. That's another 75k to 150k in losses!