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Wow. The company who promotes a blowout trader makes a video about a blowout trader. My question is, how can any real trader/person wanting to be a trader go sign on with a firm that makes a video like that? Pretty embarassing for a trading company to be associated with a video like that.

Listen, if talking to aliens gives one great buy/sell signals. God bless em. I do know of traders who called his hotline everyday yrs ago. So he must have been on to something.

Arch Crawford ? The planet guy. LOL...Surf....PLEASE stop.

Oh I don't doubt there isnt more than one. But it takes a lot to get on my bad side. This person was/is so annoying he did. Trust me....the feelings about him were felt by a majority of the guys in that office.

While Arb guys should not even be mentioned in the same paragraph as a blowout trader like Hoffman, they too can get caught bad and have a big part of their account wiped out at some point. I know some very sharp arb/traders who have gotten wiped out/lost most their yrs profit in days. It...

Agree. Honestly, IF I was going to mentor newbies it would not be in something like the dow or russell futures. They seem to be way over crowded with tiny retail accounts shooting at each other. Newbies should not be in the most volatile contracts. Something more like the SP's or 10 yrs...

Good call on Nick Leeson. Forgot about him. Probably is Hoffman's hero.

I know one person that you know who probably doesn't have anything nice to say about me :D

Then perhaps I need to be discredited too. I have not (and will never) post my trades on a site. I work too hard to just start giving away what I do. I will discuss strategy/approach/psychology....just about anything...but if Surf is looking for guys to "post trades" or shut up , he is going to...

We have a winner!!

Good point. To me though, if I saw a guy who did not have one losing day in 15 months, it would set off red flags big time. No real trading firm/hedge fund would hire a guy like that. The firms I worked for/know of want to see what happens to a trader when he takes losses. A guy that hasn't...

Will do. Send me an email. I switched over to the new yahoo and lost all my old emails somehow.

Thank you kind sir. I have really scaled back on the number of trades I am doing each week, so it gives me more time to pollute Surf's thread with my "knowledge". Did you check out opening day's card on Friday at Saratoga? Great betting. Check out the 75k Sprint stake. Looks like The BC...

I don't deserve any Kudos. Was just an observation. This time it was right. I agree with you that mkts go down a hell of a lot faster than up, and short trades can be rewarded MUCH quicker at times than the longs.....but if my strategy tells me to get long 87 times in a row, I will. I think...

I agree with Soros. Plus I am not smart enough to go through loads of fundamental info to try and figure market direction. I let the price action do it for me. I probably learned the best lesson on trading 100% on fundamentals when I traded 10 yr futures at Refco. I learned how (to me at...

I have been telling friends and family who ask me "what do you think about the stock market", to stay the hell out. There is so much bad news out there that at some point has to be addressed. But...as a trader who follows price action, I won't let my "opinion" get int he way of taking long...

By the way, I agree 10000000% with your "look behind the curtain" statement. but unfortunately the market seems to overlook these things....a lot. That's the problem at times with fundamental trading.

The whole key to one's strategy is to have some sort of system/style/approach that puts you in highly favorable trades risk reward wise. A good strategy WILL generate signals that are not random, but give you the edge risk/reward. Surf seems to think everyone else out there is just throwing...

Yes. VN's strategy was exactly the same as Hoffman......and VN blew up twice. Was very predictable. The problem is, it's very tough for guys like Hoffman and VN to change their ways. VN blew out, came back later, did the same thing and blew out again. If Hoffman reloads his account, he will...

I agree a 2 yr good track record is enough to say that one is a good trader. But, within that track record you have to look at a lot of things. The size of your winning days vs losing days to me is the most important. If people just looked at his numbers without knowing the kind of risk he took...