Search results

This guy still is not getting it. TST is a mirror. It's simply reflecting your ability to perform under a given set of circumstances. All TST is doing is holding the mirror for you. They are not teaching you "their" system so there is nothing to measure in terms of "their" program. Yes...

Google put to call parity. Then google the phrase "no arbitrage principle" for option pricing.

Come again? What kind of gibberish is this? You can't refute the math, you didn't even try so you try to get all philosophical. LOL. "Masking the truth the market would teach them"? LOL. You mean empty their pockets. Because that is exactly what will happen and you know that. Every...

Absolutely. I have stated this over and over, there is no economic incentive to trade with TST if you are already a profitable futures trader and again, some simple math can demonstrate the expected returns from both choices.

Well, here is how I would evaluate this. I don't know the posters background education wise, so if he has a Bachelor's degree then EMI is a great supplement. If he has no education at all, he has to weight the cost of spending 50k to 100k on a 4 year degree vs 7k to 8k. He also has to...

Most of you guys still are not getting it. And no surprise it's the same ones as before that didn't get it. The success rate at TST is no higher or lower then the success at ET or the retail population in general who trades futures. That's the point. Therefore TST as a parameter to...

I don't think they are trying to scam people, I think it probably showed no marginal improvement in revenue for either the trader or the firm.

Tulane's program is outstanding. But this is what I would recommend: http://www.energyinstitution.org/

That part I do agree with you. And I have no idea why they changed that. I agree the set time pollutes the data because it no longer is independent, a violation of basic statistical theory. That is really the only thing they should change. And no, I don't think the ET success rate would go...

Your understanding of the math is off. That is NOT what they are expecting you to do going forward. Going forward with a live account you can have 100% drawdowns after you hit the 5k threshold or whatever it is now. I haven't looked in awhile so I don't know what the current rules are but...

The same reason in a college math class they make you solve problems backwards. If changing one rule or parameter suddenly implodes your entire strategy, well....maybe you need a different strategy. The market is dynamic and changing every day. Traders have to be the epitome of change...

I hope you are offering him/her north of 10k for this service.

No, winning a combine is worthless. Becoming a profitable trader....priceless. Both are challenging.

OK, so we'll use 600 traders using your numbers. Let me ask you something,do you honestly believe there are more guys on ET making more then 30k a year trading? I'm not talking about guys holding stocks in their IRA and 401ks, but guys actually trading. Hell, let me ask it this way. How...

Regardless of how hard it is or isn't, at this point over the last 3 years or so, my guess is over 1000 traders have passed the combine. One of the things I am struggling with here is why so many people on ET assume they WANT to have a lot of traders passing. In about 3 1/2 weeks one team is...

Regarding the "luck" factor, you can say that about anything in life from sports to Hollywood to winning a Nobel Prize. A lot of success in life is about showing up and getting lucky. There is a saying though, hard workers sure tend to get lucky a lot.

Look, I'm just trying to help here and my comments are aimed at others reading this thread as well. Another thing I want to correct here is this notion that "thin"markets should not be faded. It has nothing to do with how "thin" a market is. Anyone who has been fading the ES is probably a full...

You don't need to clarify anything. I was responding to this comment:

OK, so let's try to use some deductive reasoning skills here. Product X has been quiet and stable for a long period of time behaving nice and orderly. Suddenly product X goes vertical. What do you "think" you should do? Short it? Now on the flip side, say product X has been extremely...

Serious? Pull up a chart of coffee. Commodities move like this when there is a supply constraint. These moves happen all the time....it's best not to fade them. These moves are best exploited further out on the curve, not jumping in front of a delivery contract.