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  1. M

    Who is committing fraud?

    Which one is it in your opinion? The accusations have been made so there are only 2 choices. This cannot possibly be "just a big misunderstanding". The USA had a World War or Civil war every 76-78 years since the 1600s, and it has been 75 years... GOGOGO!
  2. M

    Path to become Per Se Professional Client (in light of MIFID II)

    What happens when a client with no past in the industry has less than 10 orders per quarter and an account of 500 million? Broker just hangs himself?
  3. M

    Is ET statistically in line with national polls? Vote here.

    National polls are fake they are part of the very large effort to demoralize Trump supporters and convince them going out to vote is pointless. Those fake polls also count on herd mentality to get some people to vote for Biden because "that's the normal things to do". Anyway if Biden wins the...
  4. M

    Returning to Trading

    Ye I agree but I was thinking of the typical "funded trader TA" stuff. I restricted my answer because OP asked for "funded prop firms with a generous split" and talked about "technical price action". The examples you show sound like quantitative/algo firms. I am guessing any serious company will...
  5. M

    Returning to Trading

    "Prop firms" now fall into 2 categories: - The "funded trader" group. They ask you to deposit some money and/or pay a regular fee, and stop you out when your drawdowns approach the amount you paid, and when you win they take a split. Technically they offer leverage in exchange for a portion of...
  6. M

    How long does a system last?

    Anyone ever heard a doctor saying "Oh no no I cannot help you my system changed, medecine changes all the time" Or a retired doctor on a plane going "ok so here are the symptoms, I have these drugs here..." "Oh no no sir your system probably does not work, health changes all the time" Or a...
  7. M

    How much will the stock market fall if Biden wins?

    His assesment seems "fucking retarded". Logically if Biden wins investors will all exit to lock gains at a lower tax rate, but since most of the bull market was buybacks... Hé. Stock market likely might spike into a bubble if Biden throws money at casuals aka dumb money that will buy stock...
  8. M

    Halloween SALE: 50% off Stock Trading Video Courses

    Countries are going back to lockdown, maybe the USA too soon. Unless they all re-open after the elections methinks you might get too many new clients at once. Hopefully they are taught to buy for the next months and trail their stop because I think all this new money is going to push prices up.
  9. M

    How long does a system last?

    Step 1: Predict the market direction and trend strength, call tops and bottoms and targets Step 2: Why not just buy and sell every bottom/top? Reasons. Step 3: Apply a system with 60% winrate depending on where the price is and where you think it is going GG, if you manage to correctly predict...
  10. M

    Is USO is best buy stock that resemblance of WTI Crude oil ?

    There is a good one you might have not heard from: TYMOOTW. Throw Your Money Out Of The Window. If it is for short term these ETFS (now) have much more randomness added, gaps too. For long term? No one buys an energy ETF for the long term. The price of Oil is still expensive compared to its...
  11. M

    Five things to improve your trading

    What happens when they still don't make money after DECADES of trying, having thrown their whole life away so many years they will never get back? Just cut their wrists? Pretty sad :)
  12. M

    Next Steps?

    I do not know how starting a fund or joining one works. Say you want to go solo. How much have you been making in a year on average with how much drawdown? Let's say 10% a year with acceptable drawdowns. Imma just throw arbitrary numbers, each person comes up with their own. Say you need 2k a...
  13. M

    Next Steps?

    In 1999 & 2000 daytrading was popular and many daygamblers made money. Since march 2020 a large number of new daygamblers have joined (in particular barstool creator Dave Portnoy & his sports gambling fans), many of those daygamblers have used their stimulus checks. If daytrolling works it is...
  14. M

    Stock Market Falls on Fears of Biden Win

    A long career and you do not believe in generalizations? Ye well known fact winning traders avoid statistics like the plague. You clearly have a lot to learn. Trend-following performance has been mediocre lately (they have a chart that goes back to 2000 but it has been mediocre in general since...
  15. M

    SMB Capital

    Opening drive first move and news catalyst + open momentum xd On some review sites I checked long ago their own traders mock them and say they teach strategies that do not work. What's funny is they expect people to have an edge with those. They chase momentum they probably end up buying pump &...
  16. M

    Stock Market Falls on Fears of Biden Win

    Boy is it complicated to get people to understand extremely simple things. "Nobody knows why and traders do not care. If it is going down - always short, going up? Always long. News, gossip, opinions do not matter." This does not work. Easy to backtest. Even academics did the backtest for us...
  17. M

    SMB Capital

    Even Jesse Livermoore ended up selling a course when he got tired towards the end of his life. The difference is his problem was depression and I think Epilepsy? SMB issue is like every day trading firm they do not make money, they teach funny systems that do not work and have not worked for...
  18. M

    Stock Market Falls on Fears of Biden Win

    I mean systematic trend following on low timeframes.
  19. M

    Stock Market Falls on Fears of Biden Win

    Trend following has not worked since 1985. We have to be more intelligent than this. If enough people believe a news then the price will go a certain direction. Most of these interpretations are so dumb I find them entertaining at least :D Once in a while they can be useful articles.
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