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Your boy Sykes was short this thing at 2 and covered for only a .50 cent loss. Normally a 25% hit in a stock is brutal, but considering what happened he got out good. I wonder if any of his sheep got slaughtered in this one.

Penny stocks Surf.......ugh.

If anyone can draw out the pink pants crowd it's Surf. If Pabst has been spotted there hopefully Surf will let us know. Would like to throw back a few beers with Pabst.

No, unfortunately not. I spoke to him once on the phone for a bit. Real cool guy. He had some "controversial views" and was outspoken, but always liked his posting on here. Also knew a ton about trading in the good ol days/floor days. Wrote some great trading articles for a few publications...

I don't know man......you see where FREE is trading ? That thread is not good my friend.

The SP has a better chance of hitting 9000 by next friday then me showing up at a bar wearing pink pants.

It's done 6 million shares today, about 6 times normal volume down 23%. The last longs are leaving the building.

This is just wrong in so many ways. The guy shorts a biotech with a tiny float. Biotechs are known to have huge % moves . Anyone who trades them has to know they are by far the most volatile stocks out here. He shorts a 2.00 stock. Why bother? The news about them going under has been in the...

At the end of the day if this guy wants to try trading, that's great. But to have goals like what Zanger did is unrealistic. Now, if the Vix goes back to 90 like it was when Zanger had his run then sure, a trader can go for crazy home run returns. But with the vix in the 17's or so, it aint...

You might want to go back and look WHEN Zanger did that. Markets are WAY different now. I don't follow Zanger, but from what others have said on here, he might have been a one hit wonder.

I agree it definitely helps getting interviews and getting looked at. Especially at hedge funds. No doubt. My point is though when it comes to being a successful trader I don't think education holds much weight in determining success. One of the biggest /most successful traders I am friends with...

I disagree. Some very smart fund guys are getting clobbered this year. A lot of these "highly educated guys" have enjoyed a nice slow bull market. Now they are being tested and not doing so great. Also it wasn't greed that did those guys in at LTCM, it was zero risk management skills. Not...

Yeah, LTCM had possibly the smartest guys on the planet managing their fund. That worked out well.

While I think going to a top notch school is good for a trader in a sense that most people who went to a top school have the "hard work" ethic down. But does that mean they will automatically be a great trader? Absolutely not. You can't teach the discipline and the emotional control one needs to...

I forgot about that video. Wow. The price on these DVD's is nearing limit down !!

I believe this guy was involved with them/part of their team of "mentors": http://www.elitetrader.com/et/index.php?threads/did-robert-hoffman-really-lose-312k-in-a-single-tf-trade-yikes.223845/ Might want to lower your offer a few ticks...

It's tough during the week as I have been trading a bit at night. So during the week is rough. But I'll get to one eventually.

The strategies in it were very solid. We traded some of them at that fund I worked at down here. The bankruptcy one was very very good. Others in it were very good as well. Like I said, the book is very good. But it's sad what has become of the guy.

Yeah, I would imagine he was targeting a "new" audience as those on Wall Street/Traders consider him a joke now. I would imagine anyone who first got involved in HFT in the early stages did clean up. It's like a lot of strategies out there. I remember when the E Minis (ES) started trading...

Yeah, it goes hand in hand with volatility. Commodities trade in cycles. Right now with all that's goin on in China (growth slowing) and over supply (Ag markets) the prices got decimated and interest is gone. At some point they will turn around and get active again. Will need some kind of big...