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BudFox - Come on, would Don BS us about anything? :) For instance, why would anyone want to work/trade for GS or any other trading group when they could trade at Bright?? Prop firms are the center of the universe afterall. Those guys at the different firms in NYC and Chicago pulling...

Tony, et al - Here's Fernando's "retraction" - "...I’d like to start off my newsletter this week with a retraction and an apology. Last week, I mentioned that Tony Oz, among a couple of other notable people, was a student from my classes back in 1998 – it turns out, that I have been...

liltrdr - cost of living is certainly a factor (among others). When I worked in NYC about 6-7 years ago, my apartment cost $3K/month. It wasn't a crappy studio though - two bedrooms with walls of glass and a view of the harbor and the Statue of Liberty. But by the same token, at the same...

Magna - maybe not so confusing - check out Amazon and read the reviews of Fernando's book :) It's interesting that Fernando's first post said it was just a "mixup" - although it's hardly likely that anyone could have a mixup about whether someone was your student or not. And he said they'd...

Tony - Thanks. Thought so. BTW, in case you didn't know - no correcting email yet from OTA.

Chuck - Hopefully Gundersen's improved the performance over what Ravenquote had. And presumably eSignal has protected themselves and is making sure there isn't any former RQ code/algorithms making its way into eSignal so you don't run afoul of Erlanger (since he presumably bought all the RQ...

Just looked at the eSignal beta preview pages. What's amazing is that except for the introduction of the formula engine, that they actually consider those features "advanced" :) All things are relative.

allesim - no and no

The importance of exits are two fold: 1. The obvious - keep as much of the profit as possible 2. The less spoken of - to help control overall position risk For non-scalpers, risk management is probably the most important and least understand element of trading. Everyone's heard the...

jem - (Simple description) TOPS is the CME order routing system. If your broker sends all of their orders through TOPS, then it will re-route the order to Globex if it's a Globex traded instrument or route it to the appropriate display device in the pit. I beleve that IB simply sends your...

Fernando - OK, just remember - you asked for it: 1. I don't know about anyone else, but "a mix-up in my newsletter regarding Tony" is a pretty hard sell in this case. You tell DATTrader that you met Tony a couple of years ago?? A couple of years ago Tony was already successful...

Oh yeah - you're liable. No different than if you went way on margin on equities. A loss is a loss, someone's got to cover it. The broker's not going to want to eat it for you. Although it's unlikely for the S&P to fall 500 points in a day, but it's nevertheless a risk (however remote)...

Shorty - Your basic problem is that you're still using Windows 98. It's NOT a main memory issue. One of my PCs is an older one with only 128MB of RAM and it's still able to run a boat load of big apps simultaneously without problem because it's running WinNT. W98 has a small fixed...

axehawk - Actually a non-trading day - didn't expect good ranges, so I didn't plan to trade today. You trading today (I ask because your message was only 2 minutes behind mine)? :) BTW, you didn't think I typed all those URLs did you? That was an under a one minute hack of their...

Don and darkhorse - Forgive my two cents, but it seems like leverage is the key advantage Don is citing for prop firms (e.g., slinging $1M in stock with only $25K equity) - along with some ancillary benefits like access to bullets, more attractive hedged position margin, etc. But, index...

TraderJim - 1-800-ESCORTS??? :) (just kidding) BTW, here's a list of the links to those pics - image files appear to still be on their website, just not the page that displays them: http://www.holdbrotherscharity.com/dscf0096.jpg http://www.holdbrotherscharity.com/dscf0004.jpg...

dojibear - Just get QCharts Basic and pay whatever exchange fees you need realtime data on and you should be fine.

Samba - Depends on what kind of screening you're looking to do. If you've got personal criteria for selection (beyond price range, min volume, etc.), try TC2000. If you can make use of predefined scans with some personal filters and want to get support/resistance projections too, try Trade...

DATTrader - Thanks for the info. Will be interesting to see what Tony has to say when he gets back. BTW, here's the excerpt from the OTA email entitled "Fernando's Kickoff": "...Some of you might remember me from the old days of OTA. Many of my students from that time went on to...

Just got another not too useful email from Online Trading Academy introducing a Fernando Gonzalez who has apparently come back to write for them. His opening paragraph infers that your (Tony's) success in the market is derived from his teaching you to trade. Just curious how much truth...