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Be wary of he who comes bearing gifts.....you don't want to learn just enough to get into trouble, you want to learn how to run this strategy so that you CAN make consistent money with it. That means running it like a business. It's the little things that make a big difference with this...

The fish in my streams and rivers are still bountiful, perhaps it because I focus on staying one step ahead of the pack, perhaps it's because I have a multi strategy, multi market, multi time frame approach, or maybe I am just lucky and will find myself blown out here in the near future! I...

I like you....I would give you a free coaching session electric! But I must forewarn you, money is not the answer to your problems, it might help you work through some of them a little easier. BTW, does your forex system continue to perform well? Continued success! Mike

Well said.....you get what you pay for!

Yes....much cheaper....although a little more work. Why anyone would pass up the chance to learn from one of the best is beyond me! :D

I'd be more than happy to teach the system to you. My one on one mentoring sessions run $1000 for an afternoon of training. When would you like to get started? :)

What's next...your newsletter? Perhaps a cheesy book on trading? So you bought stocks this morning and perhaps sold oil.....what good trader didn't? I sold oil stocks, bought several dow stocks, tech, shorted crude oil, bought SEP S&P, and shorted eurocurrency. All you had to do today was...

Well....so far I made over a buck, Trade some, hold some, that's my game plan. It's just a game of probablilities and risk management, that's why I took the trade. Good trading to all! Mike

Do you have capital up? Are you taking risk? Any other fees that are relevant? The details are really the key here, although, as I understand your deal, I think it is pretty fair.

$2 per trade or $2 per execution/fill?

Statistical arbitrage, pair trading....it's all the same. What's your take on FNM?

I am long and strong, short fre though. Not too big, just an arb that I think could be worth 4 bucks or so.

YOu won't be able to do this in real time trading....their are many out there that automatically arb these opportunites when they are present and don't happen often these days. Stale quotes is most likely the culprit. As for buying the bid and selling the ask, well, the e-mini's have...

Do you want to buy some options on firewood...I'll make the market, european style options!

I have to agree with lescor on this one. This year has been good, heck I have had my single best day ever. August has been tough, if you don't tend to your losers, they become very large losers. The specialists seem to be playing some games as well. Slightly profitable here as well, but...

Thanks for the feedback....but tharp et al don't pass muster for me. You know what they say, those who can trade....trade, those who can't...well...write books. I am speaking tongue in cheek :), but the truth is I have never had a strategy learned out of one of my hundreds of trading books...

Perhaps you could point me in the direction of some of this research. I use current VOL for today's trades, but I am not sure that the results I would get on my swing trades would be improved. I am always open to improving my game. Good trading! Mike

When I started in this business, I had 25k, 1 years worth of savings, and was willing to do whatever it took to "make it!" 2 months into it, I lost half of my money and was looking for options! I searched for a mentor, and found one. I needed a framework to work with, and all of my previous...

Your math is correct, however, if you listened to the pit today, they were .50 wide most of the day, and the slippage this week has been .50. My conclusion, In times of liquidity, go to the pit, during slow inactive times, you are better with the emini.

More sophisticated does not necessarily mean better results. I let the market determine my targets and stops for the day on my futures trades(Day trade only). Equities, I use a broad based dollar stop. Short term trades, I use a dollar stop. These approaches have served me well. Mike