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Hedge funds trade on notional. For the most part, hedge funds are not using 20 or 30 to one leverage on directional trading. But to answer your question, if both those guys you listed came to me for backing, and had EXACTLY the same p&l trading one contract, then yes, I would view their...

If you are going to use comparative analysis then the data HAS to be normalized. There is absolutely no way around this. Otherwise guys with $50 FX accounts would steal all of Soro's money away from him and he would have nothing.

It's really affecting currencies. Risk currencies are getting a strong bid here. Actually have been for a while. Watch FX. FX leads equities. If money is flowing into risk currencies for the love of God, please don't short this market. Just sayin...

Number lines roll over 30 days so there is a finite limit to how high they can go because they drop off values from 30 days ago. BTW, we are getting another buy signal here if the ES confirms a monthly A up for June which it looks like it will do on Monday.

We got down to 9.14 or something like that in 2007.

Sim accounts have no emotions. And I NEVER believe a trader that tells me trades the same way with a sim account as with real money. It just doesn't happen and the 50 or so odd TST journals on ET testify to that.

OK, I'm sorry, let me clarify. I did not mean it only takes 6 months to a year to become profitable. Much longer. What I meant was, one should not spend more then 6 to 12 months on the combines. I think one should start by taking advantage of all the "free" sims out there to put together...

Oh boy, where do we start here. Pekelo's math is once again a train wreck. Let me address these one at a time. Here are 3 reasons why these firms overstating the funded account's value: 1. It just sounds better, and it pleases the trader's ego. No math yet, this is just psychology...

Why?

None of Pekelo's math is based on reality, it's based on conspiracy. There is a difference. I think the issue with him is he does not trade for a living and he simply does not understand how flawed a lot of his logic is. There is no need to bed pro-TST or anti-TST, one can be agnostic and...

ScalperJoe, let me give you some credit. It's nice to see every blue moon somebody take the time do work the math and do some real hard statistical analysis. Many of the guys here who either are not capable of doing the math, or worst, just lazy, only perpetuate why so many guys fail. Yes...

No. My understanding, from your example, you would have to lose 6k to hit the weekly limit. The weekly limit starts from zero. Now you have a trailing loss limit, whatever amount that is. But your weekly limit is really a weekly drawdown limit.

No, no, no. The loss limit is from zero so in other words, you need to lose 4500 out of the gate. So to be done for the week, you would need to make zero profits and lose 4500.

Markets climb a wall of "feeling edgy". :)

This is information is so easy to find on the web and you can get the exact answer down to the last decimal vs just asking someone blindly. The over/under on locating this info is about 60 seconds.

It's not Surf. That much I do know.

I know he doesn't trade. Not much else I need to know.

Sweet! So what do your "drawn" charts tell you?

Cassandra is a JBO. They are market makers. That is their business.

I'm not asking you to draw a chart, I'm asking you to read one. Whether you actually want to trade and make money off of it, well, I guess that is your call. I guess being a cheerleader in the bleacher seats can be fun too.