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There is an important distinction between someone who sells a system/mentoring and a guy who just posts on a trading site. Al brooks sells something, I don't. I come on a trading site to shoot the shit with other traders. Not looking for anything in return. I have said this a gazillion times, I...

I know it's not hard to understand. Am I surprised? Not really. But this is a trading website where traders shoot the shit. There is absolutely zero reason why someone who talks about his trading EXPERIENCE should have to show trading records to some guy they have no clue is. That is what seems...

Short term. Very selective day trading in futures. Maybe 8-15 trades a week.

IMHO that's a BIG mistake. Either you are are a trader or an investor. Two completely different mind frames. Usually traders who swing trade and are caught in a bad position become long term investors....only because the position is so far against them that it will take a long time for it to...

Thanks. Like in trading, in real life you have to know when a situation is a "bad" position and get out of it. Whether it's bad marriage, bad girlfriend, bad habit......at some point you have to say enough is enough and cut your loss.

Man I feel like I am being grilled in an interrogation room . Funny. 1) Yes. Her mother was ridiculous as well. Friends warned me that she could turn out like her mother. But when we were dating she did not have a good relationship with her mom. She always claimed her mom was such a bitch...

I have never claimed to be some market wizard world's greatest trader. I claim I have been successful enough to have a 20+ year career as a trader. As far as verifying my trading performance? I have had to plenty of times over the years when hired by a prop firm/hedge fund. I have zero problem...

Wow....I never thought AJ Soprano would go into radio interviewing. I guess Tony didn't feel his was fit to lead the crime family into the future.

Exactly. Guys who come into trading with guns blazing thinking they are going to make a million their first year flame out. Most of them are reckless. Honestly if they are consistently profitable their first year that's a great start. Forget making the big money right away. Trade small, make...

Because it's not my personality. Never has been. I am a very grounded person. The best traders I have been around have all been like this. If one of my buddies who trade (who I have known for a while) ask me, sure I will give them a general idea if things are going good or if it has been...

A lot of them do lose their mind. I married my college girlfriend. She loved it when things were good. But get this....I actually went through a draw down during the months after we got married. Can you believe that??? A trader going through a draw down. Who knew? She then proceeded to lose her...

Here's my 2 cents: First of all he needs to be realistic. It takes a LOT of time to get to the place where you are consistently making money. It can take years and years of very hard work and dealing with draw downs/failure at times. You will think you have it down and are on a roll, then go...

Thanks dude...now this Lawerence guy is going to want to do an audit on my trading records the last 23 years. Nice Surf....real nice.

You know I never talk about how I do....good or bad. Been that way forever. The guys who showed me the ropes when I was new to the game instilled that in me. I can vouch for Rearden. I sat 2 seats down on a trading desk with him. The guy was a top guy in our office. His only drawback was when he...

You are welcome man. That was exactly my point. The volatility was insane. Also it was basically all day long from bell to bell, everyday. So there were tons of opportunities. These days it seems once you hit noon edt, the market volume dries up and the moves are basically done for the day. As...

Yeah. I remember that surprise rate cut during Greenspan's time as fed chairman. It was 11:30 a.m. edt, I believe on a Friday. Out of nowhere. Nobody saw it coming. The Sp's were down like 10 points or so. I saw the headline on Reuters. The next quote on my screen was SP...

I believe Zanger crushed it when the Nasdaq was way way more volatile during the Nasdaq bubble. You had all those crazy tech stocks (QCOM moving 200 dollars in one session probably craziest example) going berserk. When you have crazy volatility day to day in a lot of stocks you can kill it and...

Yeah, this FX guy was a complete fraud....and a lunatic. Not the first one I have run across down here in the last 10 years. Claimed he had Morgan Stanley ready to fund him with 300 Million. Also ran across a guy who contacted me to trade for him some great "system" he came across in the ES. He...

Yeah, that was one of many great articles he wrote. I remember seeing them on your site. Not sure what he is doing. I spoke with him back in like 2008 or so. We had both been contacted by some guy down here who wanted to start an FX fund. Both Pabst and I saw right through this guy's bullshit...

Well...if he is looking for a life of booze, hookers, and blow he's in the right spot. I think I saw a video of that house he's renting. Looks like a lot of bad things could go on there..... It mentioned one of his sheep got obliterated in that stock.