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It's capiche. Anyways....we will have to agree to disagree.....a losing trader is a losing trader....regardless of timeframe. If you are telling me that a guy who blows out daytrading wouldn't necessary blow out swing trading/longer term then you are nuts. As far as who is a better...

So why do you constantly say it's a losing strategy....but then backtrack and say you don't much about it and it can be done? Make up your mind. Sorry if my comments to you hit home, but you come across as a guy who sucks at a strategy and whines because you can't do it. I guess because I...

It's pretty simple. You are like a few others on here. You failed (or are afraid) of daytrading, therefore you must knock it. Your claims are ridiculous (Daytrading takes more time? ......that is beyond stupid). People like you are clowns....just because they can't do a certain strategy, it...

Yeah, I dont get what the guys who bitch about trading are trying to accomplish. They whine and whine about trading being over...time to find a new career.....blah blah blah. Usually it's a newer guy that failed. If they failed no big deal.....a lot do...but why come on a trading board and...

Hey Landis, Yeah, I think this kid is a bit lost with those pit comments. I never traded down on the floor, but a bunch of my friends were locals in the bond and SP pits in the late 80's and 90's. Before the screen they had a HUGE edge. Then when the emini's appeared they made a killing...

Are you saying that floor traders have an edge over screen based traders ? What year are you in, 1991? Floor guys have NO edge anymore? Most of the guys in the SP pit are watching the emini's trade ? Those days have long passed. Get back in your time machine and return to 2009.

We can argue all day. I guess the difference here is the retail thing. I don't have stats or know officially how the retail world does. While I am sure a lot of retail daytraders do fail, I would be willing to bet that many retail swing traders/longer term also blow out. I am not sold on the...

I know plenty of guys who trade their own money and do very well who don't hold overnight. For a guy who has been trading 4 years you sure do know a lot. Seeing how I have been trading for 17 years I don't think I need to "ask around".

". I still have a lot of stuff to learn but so far I am doing much better than most daytraders. Daytrading is a loser game for the majority of retail traders. " Not sure, but you seem to have a pretty negative stance on daytrading. I have never traded retail.....only for hedge...

Seeing how you have been trading for a whole two years you are definitely qualified to know whether guys can make money daytrading or not. I know plenty of daytraders that make a lot of money....I know plenty of longer term/swing traders who make a lot as well. Trading is trading. If you...

Again, spoken like a true failed trader. You flopped at your trading firm so you dont think anyone else can suceed. Newsflash......daytraders are still doing great. Sure the summer is slower...always is....but ask daytraders last fall what is was like. Ask guys what Jan to April was like...

Serious simulator $$$$$. Most guys on simulators are billionaires. Surf just took all that money and bought a new building to work out of. All you have to do is climb the beanstalk, is the first building on the left.

He was refunded the money ? Who was your source on that piece on info genius? He and Refco settled. While he might have gotten something back, no way in hell he got anything close to the 100 million he was looking for. Keep up the good work moron. But in 1999, Niederhoffer...

Too funny. You actually believe it was the pit guys who knocked him out. I guess every loser trader can use that excuse.

In the end one very important thing matters. People who invested with Neiderhoffer lost everything not once, but twice. People who invested with JWH, Dunn, other TF's, are extremely pleased with the results over the long term and still have had GREAT returns. Most importantly, still have their...

Regardless of the outcome I find it hilarious that the guy gets destroyed using the most basic of basic tactics and then blames the same guys he needed to do these trades over the years. Even funnier, years later implementing the same strategy he blows out once again and losses all his...

Yeah, I believe VN whined and cried that it was the guys in the SP options pit who caused him to go under. I think he even tried a lawsuit vs the CME. Pretty hilarious.

I can't argue that point. Probably right.

Yeah. Maybe Gerstner should take a look what happens to markets when the freeze up/liquidity is gone. You would think after seeing what happened with subprime/CDO's, etc that this idiot would know better.

Thanks man. I just don't get these idiots out there who think short term traders are responsible for all the bad things in the market including the meltdown last fall. Not for anything, but if short term traders weren't active last fall, the market would have completely melted. Who the hell...