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LOL.....I think you and I traded at the same firm/went to the same parties. Too funny. Very true. They are the ones who also bitch they lost money because of bad fills, the High Frequency guys screwed them, the robots screwed them, the algos screwed them, maria baritotromo screwed them...

"If you can engineer your strategy into something consistent and repeatable, then the worm will turn for you" EXACTLY. I have buddies who fade every move. It's like an illness. It seems to me they would rather lose 100k fading a move then losing 10k buying a top/selling a bottom...

I think it's the best way to make money. But I do know guys who fade looking for a quick snap back in the market. But....they are the most disciplined traders I know. You have to be with that strategy. For me, the trades where I make all of my money are the ones that I get filled on, and are...

Thanks man. Been trading long enough to have seen a lot of strategies. Outside of my time at Refco in Chicago and seeing their insane approach to trading, with the right risk mgmt/discipline, they all do work. Personally, I trade with the trend and don't fade. But have nothing against...

I never understood why people on this site are so out to prove why different strategies don't work. Some guys do great trend following.....some guys do great with mean reversion. You can say what you want about trend traders. But in the long run the funds/traders I have encountered over the...

He needs to be on pills alright. Ones that keep him from talking out his ass at times.

Shouldn't you be on a honeymoon or something? Great risks for such little reward? Please explain this ridiculous comment. These guys have winning yrs that dwarf their losing years. What would you rather have. A string of small winning yrs followed by a a complete meltdown. You know...

Trend Followers generally all have very similar results. Some are more volatile than others. Standard index results are highly correlated with the ones I follow. Not sure what your point is. Anyways....my point is to say that their days are over (like Surf always likes to hint) is...

"but I much doubt we'll ever again see the golden days of the 70s and 80s" This is flat out wrong as TF's have had big gains throughout 2000-2010. The ones I follow had 30% or so returns in 2010. And yes...they have crushed the indexes over time.

Rod does not make good sense. From 1990-2000 TF"s had HUGE runs. Gigantic profits. From 2000-2010 has been a bit tougher on them....but the ones I follow had 3 yrs of +30% to 50%, with 3 drawdown yrs of down 13-16%. So for him to imply that the TF game is over is a bit ridiculous...

That....and he made his money during the easiest trading period of the last 30 years. He was basically a one trick pony that came in during an easy period. When things got tough and one actually had to have some trading skills he got obliterated. Now he tries selling useless info on stocks...

I don't see how a recent college grad will have an advantage over someone already in the biz. If anything it's the other way around. At the end of the day those who need to take the test will study properly and pass.......or not study enough and fail. Pretty simple. As far as this person...

No fee.

Lol.......you got it. Hopefully others do as well. Have a good weekend amigo.

At the end of the day if people with experience don't get waivers and new guys have to take the test, there will be plenty of study material available in time for the Sept 19 deadline. Over 2 months away................. Have a good weekend.

It's you're. Seek help.

You are 10000% right sir. Will do.

Thanks man. I figured he was some loser who failed at trading and now spends his free time trying to draw others into his miserable world by posting on a trading site. I don't get these guys who flamed out of the trading biz the last 5-10 years. So you didn't make it..big deal. Move on...

I agree. I need to ignore this guy. And I will. The only info I know of has been posted by the dude from T3. The only other thing I know is that the waivers will take at least 7-14 days to hear back on. But I think that has been said already.

I really should just shut my piehole with this scorpion dude. I just think he is so far out of line with his end of the world commentary. Anyone with any trading experience and who hasn't been spent time in a mental hospital can see that this whole thing is NOT going to be such a huge ordeal...