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  1. W

    The Trading Zone- Every superlative and more

    First dumbass, I was in the room in the morning, I heard whomever making call after call, and usually getting stopped out at BE or a loss. He kept saying how treacherous the trading was, but still and yet kept making one call after another. So, yep I left the room. Secondly, how the fuck do...
  2. W

    The Trading Zone- Every superlative and more

    Just sat in on thetradingzone.com free paltalk room. My god, what shameless promotion. This igator guy spent seriously 30 minutes non-stop hyping the room. He was yacking so much about becoming a member that they totally missed the 7 point re-trace off the double top high. I thought I...
  3. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    OK, let me repeat. I keep the minimum amount I need to trade the max # of contracts I wish, and the rest of my money is in the bank.
  4. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    You are also paying about $1.00 per RT more than me. I've saved enough in commissions over the last 2-3 years to fully fund a new account in the event my current account suddenly went to zero because the FCM blew up.
  5. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    To me, this is the perfect example of why I trade through an FCM that allows $500 margins. I keep the minimum amount I need to trade the max # of contracts I wish, and the rest of my money is in the bank. I've seen some on here tout 5K, 10K even 15K per contract in their account. It's not...
  6. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    A. Velocity didn't lose money. VF customers lost money. VF is not taking the haircut, its customers are. B. Velocity did not lose its customer's money. Sentinel lost it. I question whether any VF customer has a cause of action against VF because of the actions of Sentinel. C. IMO...
  7. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    IMO you are risking whatever the difference is between the cash that VF parked with Sentinel, and VF's proportionate share of the cash that will be generated from the liquidation of the assets Sentinel purchased with its customer's cash. Will that be 15-20%. I don't know, but I would say it is...
  8. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    Does Velocity have any choice but to refuse to honor redemption requests? Their money appears to be frozen with Sentinel. You don't really think they are going to use their operating capital to honor redemptions do ya?
  9. W

    Sentinel Management Files for Chapter 11 Bankruptcy

    Customers' Pooled Segregated Accounts Most major Clearing Brokers, are Futures Commodities Merchants ("FCMs) and operate under CFTC regulations, which require that customers' monies are segregated into a “Customers’ Pooled Segregated Account” (the “Pooled Account”). This is a...
  10. W

    Its Time to Regulate Large Hedge Funds and Banks

    I haven't seen any rates plummeting. Have you?
  11. W

    YM & ES Traders: not a poll, poll.

    Gross, I'm above $7,500. Net, just below. Trading much smaller size than usual, but taking more trades.
  12. W

    Urgent Message From Rennick

    So, that's where they got the plot for the Wild Hogs movie.
  13. W

    Today sucks! 08-09-2007

    Greater trading range for one.
  14. W

    ES Journal Archive (2006 - 2008)

    Hmmm, for a while there I'd say it was 20/80 at best, but its nicely up off its lows. :p
  15. W

    we owe cramer an apology

    The ridicule was about the messenger, not the message.
  16. W

    Today sucks! 08-09-2007

    For those that traded the ES today and lost money. What kind of TA were you using? You needed a low fractal chart, say 2 min., or a volume chart for scalping.
  17. W

    what a vicious, violent market

    If that is consistently happening to you, then you are mis-reading the market.
  18. W

    ES Journal Archive (2006 - 2008)

    Oh, didn't know we got that low. I was looking at ES, not SP. :confused:
  19. W

    ES Journal Archive (2006 - 2008)

    Nicely done Risk. How much longer on the DNT?
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