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He crashed and burned on Collective2. He got roasted in the chat room for his drug arrest.

Incidentally, I do not believe anybody will have higher returns in 2012 than what I'm doing. Beau your returns as measured on Covestor are up 1.2% ytd. You can't really think this is the best that is being done?

Moving from Houston. Been gone since 1994 and can't wait to get back home. Soon to retire.

I am moving to Henderson the last week of August. I would be very interested in meeting like minded traders. I have traded for more than 10 years. I trade mechanically using leveraged ETF's. It would be interesting to start a monthly meeting. It would be easy to find a place to meet...

2 good questions. I do not trade for a living however I am very successful. I live off of my job and grow retirement wealth in my 401 and IRA. I swing trade leveraged ETF’s and have found them to have enough leverage to have large enough moves to earn a reasonable return. My experience...

Interesting topic. I suspect if you replace the word Guru with Trading Methodology it could be more helpful. It is my observation most if not all of the trading industry is there to take your money not make you money. The methods that are marketed are just reworked ideas that are not new...

Yea but you will still be able to buy lunch for $30.00

Feng you are still focused on money. If you had the skills and talent you would have the money. Get a different outlook. Accept the challenge aquire the skills and the money will come.

Feng real traders don't need or want other peoples money. Look at how old you are and how much you are willing to put into trading. Around 15 years ago when I first started I glowed when I made $150.00. A $400.00 trade for me was wonderful. I am a swing trader and don't trade daily. Thru...

Take a look at Collective2.com If your good in time you will be noticed.

The former owner of OTA in Houston spent most if not all of his time belittling other trading schools and proclaiming their illegitimacy. According to OTA all trading schools are a scam except OTA. Even their television commercials landed them in court defending themselves from defamation law...

If every person were fat we would all be closer together.

Does anybody here know the how the wash rule affects non professional traders? In the past I have had 2 different tax firms do my taxes. One of them told me the wash rule did not apply because I am not a professional. The other used it. Now I am doing my own taxes and don’t know for sure...

This bothers me. The Federal Government has developed its own upper class. Built totally on the backs of the working Americans. They have more paid holidays, better benefits and much better retirement. While we working Joes are working nights and holidays they are home comfortable knowing in...

The difficulties with C2 are numerous. Most importantly the owner is arrogant and not helpful. Does not seem to understand he needs people to be profitable. After that the site allows too much fraud. It is possible to sign in under as many aliases as you want. There are people there that...

Buy appreciating stocks unless you are shorting. While shorting buy depreciating stocks.

Two out of three of these guys were very experienced traders. They quit trading OTA principles because they did not work. One of them thought the software OTA was hyping for a trading platform was not adequate. I know the inexperienced trader in the group went on to develop a trading program...

I personally know 3 people that have gone to OTA. All three of them discontinued using the techniques taught to them by OTA within 2 weeks. None of them made money or believe the training was any good or worth it.

Only trade with money you can afford to lose. Your trading account should not create consequences in your budget. Research your trading style tell you are sure it will work. Study the psychology of trading. Spend your effort on learning the inner workings between your ears. Use non trading...

http://www.youtube.com/watch?v=izpU4YJ0ZAA Great video.