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I have a question: "The Ball" offers an edge to overall market direction, more often than not. But... where & when does one enter exactly, precisely in order to profit from such predictions? Said another way, there is no way to "front run" or sabotage the calls... they are too generic in...

<i>"First of all, my intension to find a mentor is not for him to teach me his trading style but to teach me do right way to trade the market, to share my information wheather correct or wrong. Also, giving me advices and to motivate me. <b>Person like me, we can't afford to pay. <u>I have loss...

<i>Quote from CaptainObvious: "Most people, myself included, couldn't be helped by a mentor if one actually showed up. Why's that? Can't devote enough time to trade. Undercapitalized to boot. Why would a mentor waste their valuable time with that?"</i> <b>Obvious</b>, by your very own words...

Weekly SPX chart says 1361+ is current support. That breaks, down to 1334 ~ 1325. That breaks, 1286+ That breaks, so will the new market highs for quite some time. w.a.g.? Bounce from 1330's on a pull back into year's end. 2007 is sure lining up to be most interesting, indeed.

Dear David, Welcome to the show. Many(most) threads begin with a solid idea that's debated, then it becomes personal, then school-yard mentality. I'm quite sure if we all gathered face to face in a room, the debates would be much more civilized and productive. I myself will read the...

<i>"Don't you know that nobody learns how to trade, all the old hands around here were born with it. Shame on you for even trying to join the club. What a stupid idea, to shave time off of your financial education by actually watching a real trader."</i> Watching a real trader can be...

Today I began trading a small (relatively) low-beta, closed fund pool. The instrument is ES, hold period intraday only. Capital risk is -1% (or less) of account balance per trade. I started the session with 39 ES contracts to turn. Got short the ES and stopped out for a +1pt gain. Got...

<i>"Even though I gave him my login information like an idiot... would it still be unlawful to login to my account?"</i> Depends on your paperwork. If you signed power of attorney over to this person(s) for account control, they have great (but not unlimited) discretion over the trades. If...

Dear <b>Jacob</b>, I'd be willing to help... in exchange for a free, fully guided big-game hunt in your general area. Whitetails in western Canada, Elk in the Rockies, moose or dall sheep in Alaska, anywhere in Europe, Africa, Argentina or New Zealand safaris would be superb. Most of those...

<i>"He's pimping the house on TV because he needs to showcase it for a sale. An estate of that size, no matter how extravagant, is not an easy sale because of it's remote location. Basically it's 400 miles from civilization. He woulda done better in Palm Beach."</i> Gimme a couple of years...

-90% of the entire managed account in one single week? At a loss for words on that one... don't even know where to begin. My sincere condolences to you, for sure.

As featured on <i>Travel Channel</i> program aka "Ten Best Waterfront Mansions", Baldwin owns the #1 pick on shores of Michigan or Superior, I believe. It is a complete renovation of some historic building, palatial in size with huge amount of acreage and miles of waterfront included...

We cannot overlook the vital importance of managing emotions in trading. If that means scaling out to be net profitable, so be it. Rigorous testing of mechanical systems taught me that there are optimal profit zones of management, but many other zones of consistent net profits are possible...

<i>"Thats how its going to be"</i> Good to know. Hope it all works out according to expectations... I'm down with that! But... please don't be surprised if the markets decide to play otherwise :>)

<i>"Looks like you can't stop dreaming, can you?"</i> Dreaming of what? Other than monster racks & methodical emini profits, that is :cool: :cool:

<i>"PS: No wonder some vendors are still being vendors."</i> Don't ya just hate that, <b>Odd</b>? I'm sure you agree the only thing worse than that are quasi-traders who've been on this board for years, have 1,000s of posts to their credit while absolutely none are original thoughts. Just...

<i>"Full of wisdom, in theory."</i> Theory and live application are often miles apart. Trying to narrow that span, best we can is probably the best we can hope for :)

Mechanical System mathematical facts: When writing ANY trade system with defined entry, exit and possibly trailed stop parameters, we can run a series of optimal profit targets to see where the "sweet spot" of max overall profit and/or individual trade profit size exists. For any method or...

Tom DeMark used to consult, last I knew he was managing few $$billion (yes, correct math) for California educational system. Many of the "gurus" on MoneyShow = TradersExpo do work for hedge funds and mutual funds. Real big money involved on the institutional side, from what I've been told.

Guys, I understand what you are all relating here 100%. I spent several years and literally 1,000s of personal manhours coding mechanical systems, fiddling with stops of all manner. I know how to build mechanical systems that win 80% of trades and net profitable over time. I understand...