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    Trader777 Exposed

    Funny things is EFT is sponsoring this forum.
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    Elite Fantasy Football

    I'll play. I went through a draft using Yahoo last week and it was great. Very convenient way to draft.
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    people are trading for a living?????

    It was originally a billiard ball puzzle... and you also had to determine if the odd ball (penny) was heavier or lighter. At every weighing one of three things theoretically can happen: the pans can balance, the left pan can go down or the left pan can go up. It will be necessary to refer...
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    WealthLab and Eminis

    Yes, works great.
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    unique view of the market

    The fallacy in all of this is thinking that your unique time frame will give you a "better" view. What you are guaranteed to get is a "different" view, but not always better. While you may be trying to get on the train before everyone else does, your "different" view can just as easily miss...
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    Will start daytrading in one week

    Actually, with increased leverage available for day trading, you can actually make *more* day trading than swing trading if you find the right strategies. Up to a particular amount of course until you reach liquidity considerations, but by the time you encounter that problem you have arrived...
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    Open Break Plays

    Larry Williams usually uses up to 4 types of exits in his systems: 1. fixed $ amount - this is max loss he will take in any trade, usually determined by some level of optimization which I don't completely agree with. I'd rather see something like % of ATR, and if % ATR > max risk or...
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    advice on selling a strategy

    Rather than re-invent the wheel as far as charting, data feeds, etc. goes, just build a DLL for a software application like Wealth-Lab. Wealth-Lab has a built-in stock screener. This way you only have to focus on the application specific logic. Check out www.wealth-lab.com and they have...
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    Open Break Plays

    Books and various interviews/seminars where Larry Williams has been quoted, he advocates that in all his system testing, he has always had better results with a fixed money-management stop than a trailing stop. Specific to opening day range/volatility breakout type plays, Larry advocates...
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    Pro Frims are all about what?

    kiss-assed-ness is another reason to go for a pro firm. If you are one of their top traders every other average-to-struggling trader will kiss your tail. Good for the ego. Everything you say comes out as a pearl of wisdom for other traders. As a retail trader, all you've got is the mrs...
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    Open Break Plays

    One problem you'll encounter is that you won't often have a nice trending day in one direction without a large enough correction to stop you out. Play with different exit strategies and you'll see what I'm talking about. Do you use a trailing stop with fixed point size, x-bar stoploss, x-%-ATR...
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    Trading Signals

    This simple system is easy to test with software like Wealth-Lab and intraday data. In my experience testing many trading approaches & systems, this method will not be profitable over time. With the method that you've described I'd be surprised if you had any more than a 55% winning...
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    Traders International

    Like I said, if he is serious about corresponding with others, PM me and I'll put him in contact with 6 other TIMES students who could not trade the system profitably and threw it out the window. Maybe he can help them. Of course, he could always go to the Traders International site and...
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    Traders International

    If Daytrade5 took the course at their Houston office, you would think he'd have names of the other attendees to chat with. If he took the once-per-week online workshop, you would think he would've exchanged emails with other workshop attendees. If he has questions about the method itself, why...
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    Traders International

    Hmm... daytrade5 is a first time poster asking about Traders International, hmm... what's one to think. Try asking Afshin for actual trading records, NONE. What about actual trading records from one of his students, afterall, someone has to be successful trading it? It'd be a GOLDMINE for a...
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    Traders International

    I've posted about Traders International, Afshin, and his partner Roger before, do a search on "traders international". It's a SCAM, don't do it. I haven't posted on ET in awhile, but I have a mission to protect everyone I can against these SCAM artists. You pay $4000 and the system is...
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    Anybody making any real $$$???

    Except for Hitman's stats and the stats of his team, and perhaps the occasional "this 6-figure trader is down 25k this year" the rest of the stats Hitman dished out were all guestimates. In fact it was quite amusing to see his guestimates waiver from post-to-post.
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    traders international??

    TIMES and Traders International is all snake oil. The system is very simple, yet discretionary. They only provide hypothetical record, no actual trading results, even though they claim to trade it everyday themselves. They can't even provide actual brokerage statement from any of their...
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    Turn your back for a minute...

    AAA, yeah, it was great entertainment. I actually kind of hope Hitman and ET make peace. I rather enjoyed following Hitman's somtimes-twisted, often-naive logic. :)
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    Turn your back for a minute...

    All the threads got deleted because Hitman kept spamming them with threats of spoofing IP's and using fake login names. As he put it "I know every spam trick in the book." I think if Hitman was not so brazen about the whole situation an accommodation could've been reached. But Hitman kept...
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