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yes, solid info bighog... I agree with it all 100% Twilight approaches... time to go bullhead fishing. Been waiting for this all day. Have a great weekend!

<i>"I have been presented with opportunities in the past to teach someone one of the methods I use. It still isn't perfect but it produces DAMN good returns. I don't think I could put a dollar amount to it. All the hours, blood, sweat and tears (Lets not forget money, LOL); I have too much pride...

<i>"Once again like the other person said, if you're for sale, you're not worth buying."</i> If the other person spent more time exploring this site for knowledge than lamenting the same old drivel, he'd already have seen what lescor has done in historical P&L threads. If not, I strongly...

<i>"He makes more money annualy from endoresements then from golf"</i> I didn't say Nike. Look up approx how much he makes from Buick alone. Why would he even bother? It's the exact-same scale percentage of his net-worth versus payment as $1mil versus $50k

<i>"so you'd give him 50% of what you make; and what happens when you lose the money even though he mentored you??? 50% is absurd..mentoring doesnt gaurantee shit....if someone could gaurantee me that I would make money, hell they could have 100% of it all for the first year...peace"</i> My...

<i>"Why does a real succesful trader need 30K? I can understand maybe a great trader wants to teach someone in a special situation, but in that case he probably wouldn't want or need the money."</i> As usual in ET, the same old question being asked from the wrong direction. The real question...

<i>"Trading mentors are much like Trading Systems. The only ones for sale aren't worth buying."</i> Does that blanket statement include everyone, even lescor per this thread? If I were a fledgling stock trader, he'd be welcome to my money in exchange for education.

<i>"Myself i prefer to trade where many others are trading because when i look for a setup i want the "BIG DOGS" to be looking at the same thing. The main reason technical trading works so well is because of the "HERD" going with the perceived next level to target."</i> Good answer... I'm...

<i>"If you are afraid to run in the pack with the BIG DOGS then stay on the porch. There is no better or easier doodad to trade than the ES. Why? Because more eyeballs are watching the same setups you are watching and YES the worlds best traders will trade the most liquid doodad out there. ED is...

<i>"The Facts: the best traders in the world trade the ES."</i> relative to whom or what by comparison?

<i>"so, right off the bat I feel like I've got to double my size on the NQ vs what I would trade on the ES. The doubling of commissions eats into my profit a little more than I am comfortable with."</i> When the ES makes a 2pt move, the NQ has made a 5pt move When the ES makes a 4pt move...

<i>...because at some point, a trader has to pick something and settle down. Expertise comes easiest when one specializes."</i> The ES is probably toughest emini of all to trade. Once someone learns the language and makes peace with it, they're over that hump. Reaching that point is the key...

<i>"The ES was like this almost everyday in 2003, 2004, 2005, 2006 - most people have been spoiled by the increased volatility over the past 12 months."</i> Way worse back then. Traders new to the emini party have no idea what sitting thru a 6.5pt ES total range session (yes, 6.75 hours of a...

<i>"It seems like everyone wants to trade the S&P/ES because that where the big dogs are but money is the same color to me no matter what market it comes from."</i> Agreed. Unless someone has to clear 100 contracts or more, the ES offers nothing, nada, zero that other eminis have. The NQ...

<i>"AustinP -- what are your thoughts on intraday YM v NQ? (or ES for that matter)?"</i> YM is fine from what I see, haven't traded it in years myself. I do see where it breaks directionally a bit better than ES, both track closely unless Dow and Comp are divergent intraday. In today's...

<i>"My plan is to papertrade for at least a week to gain confidence in my system."</i> That's a fine first step. While you are starting fresh, let me repeat myself and strongly, strongly implore you to demo-trade the NQ. The ES is by far toughest emini to trade. You have to work the...

<i>"Knowing who you really want to be is crucial in confronting self destructive issues that plague traders who're moving past the newbie stage and into the profitable stage. Why do winning traders so often blow up? Because the money didn't give them the happiness they associated with...

The saddest part is, some unknown number of aspiring traders actually stumble into this website hoping to find something of value: professional level conversation, educational content, friendly chit-chat & banter, overall positive stuff.

<i>""the CME does everything possible to suck liquidity out of that symbol." How so? Why? ETU</i> http://www.cmegroup.com/education/modules/choices.html Email blast from CME... just part of the effort to work on steering ER2 volume away from pending ICE competition into its own similar...

The ER is thin, spiky and getting worse to handle as the CME does everything possible to suck liquidity out of that symbol. The ES is by far choppiest and persistently sideways symbol. You are trying to scalp two opposite extremes, each moves differently and both are toughest in their own...