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I have spoken often about the Event Horizon and how we are past it. Many here cannot grasp this but the writing is on the wall.

I guess my response to this statement would be when will we finally see that the Wall Street vs. Main Street is not symbiotic. It is a predator vs. prey relationship. Every chance I get I try to spread this message. If you want to put capital to work, lean how to do it on your own. We are in the...

No worries. Just remember to follow the program. There is a reason it is in the order it is in.

You fellas do realize this if PVT, right? PVT, Rocketeer, Iceberger, SCT. Follow the program!

The error, in my small mind, is not realizing that his situation was not sustainable and taking his lumps. Jail, prison, tomato, tomatoe.

Maybe I am simple, and I do not deny it. But I do not see how this any different than trying to average down. He blows up, but he blows up with OPM, which is illegal, so I am told.

I don't really trust these kinds of polls. When we stop being overrun by people willing to die to get here, then I will believe this kind of dats.

Good. That means volatility. I hate to be a naked capitalist, but hey, we are traders......right?

Yeah I do, and I get the significance of the trades he made. He was not alone by any stretch. He could have come clean, and while he made an error, the error was one that many have made, as we shall soon see. Rather than going to jail, he could have become a crusader for what must be done...

I just don't get it. Vic N. has blown up twice but people still give him money. Why did I say that? Because if you are simply honest about what is going on, if you made money for people in the past, they will trust you again. Trading is risky and most big money folks do know that. Why hide?

I think clawbacks are ambitious and will pay a lot of lawyers and cost the company millions of dollars in litigation. Simpler I think would be to just build into the contract that if you are the pilot of the plane then you must land the plane.

To attach a clause like the one I suggested to a contract is the only way to stop golden parachutes. Right now, performance is not tied to pay at the CEO level. That has to change. If the CEO runs her company into the ground, she gets no money.

The solution to golden parachutes is soooo simple! 1. If you quit, on a year where the the EPS was negative, no golden parachute. 2. If you are fired, and the stock price is below the price on the first day of your reign, no golden parachute. Too easy, Sargent, too easy!

Ahhh, that is too bad. ACD simplifies things so much! What is more sad is that since you are a prop shop, I presume you had already given them a signal generator, and simply wanted to learn to map the market. Tragic. But it is good to know that there are shops that want their traders to win...

Rocketeering......... http://www.elitetrader.com/vb/showthread.php?s=&threadid=14129

Using ACD, price on the e/j pair needs to trade below the pivot of the intervention day, because I got an a down first. It did trade below the pivot but when I got a sig from my generator, the sig came on a hammer, so I would need to wait for the hammer to fail, and it must fail within two bars...

I saw the BOJ intervention, but since it happened before the European markets opened, my play would be to wait and see if there is some follow thru on this. BOJ interventions never work. I went ahead and put up some levels, but based on my rules, I would still be flat EURJPY at this time...

I think it is human nature. I have often told people thru the years to just follow the program. PVT, Rockets, Icebergs, and then SCT. Everyone jumps straight to SCT. Jack has put together a comprehensive program to help people learn to trade and put a little money in their pocket while they...

If I may interject, I think a lot of what Fish is teaching is conceptual in nature. Market axioms, if you will. Higher volatility begets lower volatility and vice versa. John Bollinger and a few others have built indicators based on this. Wide pivot ranges means that a move has already...