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The comical part though is how much money flooded into the markets right at the top. https://www.elitetrader.com/et/threads/spy-takes-in-most-cash-in-more-than-two-years.307325/ So if this is where I got in, even if planning for a long term hold, this drop today has got to hurt.

Fair enough, but just the fact that there is so much movement in the price of CL means that nobody gets it right, doesn't it? I mean if you are so sure about the fundamental price of oil and what it should be, is this only your secret? Shouldn't the price be at whatever its going to worth...

I'm not either. What are the fundamentals then of your long term oil play? First of all, how far out are you talking (6 months, 1 year, 2 years)? Then are you saying its going up or down? And then what are the fundamentals behind this move? Even if you get the fundamentals right, you're...

Whose fundamentals? I'm by no means an oil expert, of even amateur trader, but it seems to me that fundamentals don't mean anything when it comes to oil. Over the past year, all I see is headlines about how there will be OPEC cuts to production, and then they back out. You see deals with...

Sucks to have to work with these technical issues. OCO orders, especially the stop part, are a huge benefit. Even the profit stop is really good too. It was an eye opener for me to go through stats, look at all my trades, and do a what if scenario under different profit target and stop...

Wow.. simply incredible to read that what you did so diligently in SIM you didn't carry over into trading live. Don't get me wrong though, I completely respect you sharing this, and my experience is exactly the same. I simply could not take the same trades when trading live that I took trading...

So twice now I've gotten emails that marketsurfer has replied to this thread, and both times when I've come to check out his reply, its been deleted. What is up with that? Is surf just deleting his posts? Or are the mods removing some of his posts? These days, there is so much stuff...

I bet they got their ideas from the government! Seriously, does anyone ever think the debt will be paid off? What does that number even mean? If an individual tried to borrow so much money, eventually the banks will cut him off since obviously he only has a lifetime to pay it off. With the...

Your stats, in my humble opinion, do not look that great. First if we look at your win rate, we get this. Avg Loss $518 Avg Win $594 # Winners 40 # Losers 20 % Winners 66.7% On the surface, this doesn't look too bad at all. But when we go into the individual trades, we see that...

Actually, I think its even worse when done on a grand scale by those on the inside, the big fish that nobody can fry. Perfect examples are Cohen from SAC, and also the countless firms that spoof. When that Navinder guy does it from his basement, its jail time, and when a huge fund does it...

You are so full of shit. You always post this shit way after the fact. You could have even posted this morning during the opening grind before we knew which way it would break, but no, you wait until price has dropped sufficiently before posting. Perhaps all your messed up "yipes" and stupid...

Yup.. I do agree about the whole multiple twitter account thing. Looks like the first post is from May 2016, and although he wasn't posting every day, he did have some early on nice gains once July hit. If you're at all curious, here is a link to how his July stacks up on a daily basis.

I completely agree. If the website looks too slick, that is what really gets me. All of these website that teach just look the same. I would much prefer a home grown type of website that isn't too commercial, if I was forced to pick something that I think looks decent. In that video, its...

What seems problematic to me is that the stop is 35.25 points away, but the profit target is only 20.25 points. The R:R doesn't seem appropriate, unless of course one has a very high winrate with a risk that is almost twice the reward.

I knew it looked familiar. I commented on these very same video just a month ago. Its funny how in the first few seconds, a scam website really jumps out. https://www.elitetrader.com/et/threads/smbcapital-youtube-videos.307183/#post-4413810 What I find interesting though is that spectre2007...

Notice that he blew up a couple of accounts. He doesn't mention how much they were, but just that he started with $600 for his third try. Also, he mentions having mentors. (although he says he learned lots from guys on twitter, so not sure if he means in addition to mentors, or if twitter...

Without even reading the article, I have to agree. Some jobs such a medicine, law, engineering, etc will still require higher forms of education, but I do wonder what percentage this represents of all the people who go post secondary route. With so many jobs also being replaced by skilled...

Unfortunately this is Utopian dream. If you let people choose to pay their taxes, how many will? One of the biggest problems right now is that of taxation in which corporations simply don't pay enough. They hide it all offshore, thankfully because of loopholes created by the elite and for the...

Isn't the whole idea about currency to be about trust and faith? With money, you have faith of the country backing it up. This of course doesn't mean much for Venezuela, but it means plenty for US, Japan, EU, Canada, etc. When it comes to gold, we all know how hard it is to mine it, so there...

The carl alias is highly suspect. I find it interesting that the name has been around for 10 years, hardly any posts, and yet he starts swearing right away. It could be surf, who I'm sure has hundreds of aliases ready to go, but at the same time, given how this website never seems to get rid...