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So your father is an engineer, and you're taking cheap shots at his profession? As it turns out "Dude" unlike your father (and myself) You have no professional qualifications. You're a law school dropout working as a marketer. Reading your past comments, what a proud day this would be for...

If I am wrong I will apologize. In what state are you licensed to practice law? Since your name is known, I can verify it by inquiring with the State Bar and then apologize in public. Steve

Now you're just grasping at straws :) Any licensed Engineer would be better equiped than you to trade. We are good at math, we have had to display discipline and focus in order to pass a very difficult licensing exam, and we are able to synthesize solutions from disparate data sources. In...

You both think on the same level. Both you and "JJ" that is. Trading is intrinsically different than making a "deal" to buy or sell a company. Neither of you will ever be in THAT position. This is TRADING. To know when to stop using a system, professionals use a statistical measure of...

You are right. After all there is a BIG difference between a bartender and "a guy" in a bar. And I have to admit, I know of couple of cab drivers over on Lexington. One does plastic surgery, the other hormone replacement. Your are right I am much too cynical....Don't let me stop you. :D

----------------- Nothing inspires confidence like hearing that a person is relying on trading "education" from a BARTENDER. YEAH This is by far, the best post ever at ET. You couldn't make this crap up.....I am loving it to death... Could I get that bartender's name? I am...

In a trending market, even you might have done as well. Try to think a bit before you post. Steve P.S. On second thought I take that back. I have seen your last few calls. In a trending market, even a dart throwing chimp could do as well. There, that puts it in proper context.

Yes Atticus, your characterization is correct. As I mentioned in my comment, they guy got complacent. In my opinion, the fact that he bet wrong is not the big problem. It is the inept fashion in which he managed risk, and his cavalier attitude toward the people whose money he lost. Steve

By the way, my comments are entirely professional. I consider the man incompetent. As regards money management, you and he are on the same level. If at some point down the line, perhaps 5 to 7 years from now, Mr. Neidermeyer displays a consistent track record through a variety of markets, I...

Unlike yourself, my comments come from a professional standpoint. It is rather simple (much like your understanding). The reason clients trust a money manager with their savings, is that they are led to believe that the money manager can do two things, obtain alpha, and manage risk, better...

What a load of self serving crap. It is however in line with most of the other posts. The gentleman became complacent and failed to manage risk in a professional manner. As a result he lost other people's money. The only thing that saved him is the ignorance and greed of those who were naive...

Of the tools that Hershey followers have to pick from, I use the channel rules. Just using them and the experience gained over the last 15 years I have seen a significant improvement in my trading. For me the issue of pyschology is about attitude. Professionals look at it this way. We are...

Hello; As you know, I don't use the complete rule set. So perhaps I am not qualified to comment. Take it with a grain of salt. Just using the rules for putting channels in place, and my own experience trading index futures, I see a significant change in my productivity as follows Used...

According to the site, 70,000 folks have access to the simple method. Some percentage are going to try it. A smart person might make the rounds of sites like this and get a respectable group of adherent trying to trade that method. Generally a method like that works some small percentage...

I have a comment here. As some may know from my previous posts, I don't like to see folks scammed. So, I would like to point out the obvious; If you look at a chart using this "blog simple" MACD signal, you will notice that by the time the signal "hits" you have missed most of the...

Austin: My assumptions are based on my experience. As regards your comments, well it is kind of sad when someone replies as you have. You seem to decry negativity, then you suggest the "possibility" that some vendors can "trade circles around me" Interesting...You see from my point of...

Chuck: Take a look at the post directly above this one. Then consider the following There are three kinds of posters here. 1.)Newbies who don't know how to trade and hope to learn about it here. These are the majority. Look at the thread titles. Basically its just folks asking "how...

You know Baron, I can't seem to get past the idea that your response just now, seems just a little "chicken shit" to me. I realize you can't (certainly you're not obligated) look into every dispute to see who is "right", but I believe I have shown some character here over a period of time...

Well I think there is a little more to it than that The "moves" you mention are often generated by institutions using program execution. In general they attempt to move the market in a way that "strands" the retail crowd. That is why you sometimes see what we call reversal spikes (wide range...

I admit I am not a poker player. I happen to know a few however and they don't like to play with amateurs. They tell me that an amateur is unpredictable and likely to do just about anything. Because they are inconsistent, they are often hard to read. They prefer to play with people whose game...