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I agree on the first part. Back in the 90's up until 2005 or so it was easier to take money out of the markets. That's why there were so many prop firms out there. But...the guys who "teach" at these tout firms are the guys who maybe were successful back then, but now can't trade their way out...

Yeah. It's crazy how people flock to these tout sites paying these clowns money to "teach" them. Someone else posted on this site that good/great traders will teach people for free. I couldn't agree more. That's because these traders make plenty from their own successful strategies. they don't...

Number of winning days vs losing days means little to next to nothing. Like you said, these tout services love talking about their win %, they only have a few losing days a year. If they showed their avg winning trade vs avg losing trade nobody would subscribe. The problem is, like those...

I love these guys who claim they never have losing trades. They have draw downs/down days that are 100x worse than their best days. It was like Lenny Dykstra's old options site. He claimed to never had losing trades. He would take all his 1000-2000 dollar winners, and never close out the...

I wonder if Surf still believes in the old odd lot theory people would talk about in the 90's. Surf is morphing into one of these slimeball salesman right in front of our own eyes. It's becoming painfully obvious that when Surf trashes an idea,group of people,,,,etc,,,,he morphes into...

Surf's a good guy in my book. But..I gotta call him out when he starts his nonsense. His trashing of other strategies with nothing to back it is weak. If one is going to trash other strategies (which I don't see the benefit....to me it seems like a losing trader trying to bring everyone else...

Surf's new attack on fixed systems is a hoot. He never stops with his parade of babble. The best part, he is basing his trade off odds off of In Trade. Good risk reward trade here Surf. All the bad news is out, coming out and the mkt won't come in. The minute they announce a debt deal...

I live near West Palm beach. Most of them are ridiculously crowded. Cheetah's is kinda small, but the girls are smoking. It's pretty much...you have the money...they will provide what you want. I haven't been in a while. As I got older I wised up and figured out giving some hot chick 20...

I came down here from Chicago in 2005. Am with rest of the obnoxious east coasters in Southeast Fl. Chicago is still my favorite city hands down. The winters sucked up there, but that was offset by the huge population of Sports bars. Nothing beats going into a sports bar in November packed with...

You have obviously never been to Cheetah's in West Palm Beach. Hottest chicks....no rules. Can be bad I guess...........

You forgot the snowbirds who invade every winter. Very dangerous creatures down here. They slow down traffic to a crawl on local roads....cause restaurants to run out of food by 5:15 p.m........are known to congregate at Dunkin Donuts late at night to plan their next attack. I have been down...

I hear ya. I guess everyone has a different definition of selling into strength/buying weakness.

Down 209k on bad trades, up 40k on good trades. Sounds like a fader. IMHO, going with the trend keeps people out of the exact situation you ran into above. I guess I just like trading from a position of strength...call me crazy.....

Actually I found a better one: "At least, in my experience taking a trade in the same direction as the most recent price move generally has less profitability, but if you take a trade against where the market moved, generally you will have better results. This is not a coin flip. If the...

It was when she came on tv late one afternoon and talked about her dinner with Bernanke. He had made some off hand comment about how the mkt did not interpret what he said correctly. SP's fell like 20 handles in 2 min. Was ugly. As far as Maria.....she could play fullback for The Giants.

Surf..you are making it really hard to be your last friend on here with this BS.

On list of strategies that I have seen over the years, fundamental analysis is at the bottom. It may have worked years ago, but in todays trading is basically useless.

They all work for a firm that gives them plenty of room. And lets them continue based on their success from years ago.