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He seems nice enough....but anyone who pays this guy for his trading calls deserves to be parted from their money...I went back and looked at his last thread and it was painful..loss,loss,loss,loss....followed by....a loss......there is no way in hell that over a long period he is producing...

No comparison...B by a mile. If A and B go into a Hedge Fund , B gets the job easily. A prop shop wouldnt even entertain the though of hiring A.

Smaller tick size would absolutely decimate the scalpers....I am not one of em so it wouldnt effect me. I used to watch guys try and scalp the russell....tiny wins for an hour then one big losers and their whole day is gone. Crazy way to make a living. I have yet to meeet a scalper(scalping...

Trying to buy the bid and sell the offer is basically a journey to Brokeville. On the way you can stop off at exit "suprise news comes out" where you will lose 10 times what your average winner is. Also dont forget to stop by exit " buried in commissions"...self explanatory. Last but not...

From what I understand, those contracts are a joke. Firms cannot hold you prisoner and prevent you from going somewhere else to earn a living. If they have some in house software or research,I am sure you cant take it with you. But those contracts are basically illegal and wont hold up in a...

His names is Schonfeld.....not Schoenfeld.

What I initially saw was a guy who said "trading ep's is easy...I have the winning edge....look at my profits...I am not trading today, am up too much already....you too can follow my great system that is the BEST out there". My initial reaction was that this guy is some loudmouth who wont shut...

If you faded him,Garzarelli, and Battipaglia over the years you would have been retired by now living on your own Island. Battipaglia is an embarassment to the financial world. When he appears on CNBC, they should dress him in a red nose and clown shoes. Funny how he disappeared when the...

Yeah....people got mad at me for pointing out that this guy's results werent good at all. Look at his results....loss,loss,loss. His wins dont even come close to covering his losses. Hey, he seems like a nice fellow, but his trading is rather frightening. Anyone who is any kind of trader...

Damn...I wanna now hang myself for being mean to this RC guy....LOL.....such a nice fellow In all honesty , he is a nice guy...but his trading methods (In my opinion) are nuts..... as far as the sp's....every time one of the fed guys speaks, gets worse and worse....now ya got crude...

Problem is some of these younger people hear about the days of making 100 points in qcom on a daytrade and they get all excited. Will never see those days again. When training a new guy, the best thing is to make sure their charts only go back to 2002. I traded equities from 1992 til 2002...

That damn green light. I saw it last month in the euro. OUCH. A trader with NO knowledge of TA or fundamnetals isnt doomed. No sir. Their account will implode. Doomed isnt a strong enough word.

The church of whatever works for you. LOL....Excellent....never heard that one...kinda strange because i am also a member.

I heard a story from yrs ago before e-mini sp's were trading. Apparently some dude in the SP pit was leaving for a bit and threw his a pad over by his globex machine. The pad landed on the keyboard and started lifting all the SP offers.....apparently he ended up with a monster position before...

Anyone making 350k in this environment is doing great. If they are doing it trading equities they are a hero.

The difference is you publish it for free. You say that writing the letter forces you to commit...which is great. I think the way you "publish " a newsletter is excellent. But..you are sharing ideas with you comrades, not other outsiders. So if your "calls" are right, only you and your firm...

TA is a great tool. But like you said..is only part of the formula. The more weapons in your arsenal, the better trader you will be. If you have 4-5 tools and they all say go long, then go for it. I have had times where charts said one thing, but fundamentals said another, and i bypassed...

Exactly. Great post. You can study charts and know every technical analysis strategy in the universe, but trading them is a different game. I always wondered why people with tout services/letters didnt just trade since their calls were so good, and not sell such "valuable"info.