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+1 Spot on Kid. I used the obese example. I also used the "getting a job at Goldman" example. What? Goldman wants me to have an MBA from a top 10 school? That's BS. I'm suing. Or I'll trick Goldman into thinking I have an MBA when in fact I'm just a high school graduate. Or, Goldman...

LOL. Let's try using your own words. My whole response to you was based on "your" post listed below: Run out the clock? Wash trades? That's not trading and THAT is what I was responding to. And my whole argument was based on the idea that one was "intentionally" doing this because they...

OK, you still are not answering my question. Let's try a different approach. Let's say I'm running this with the same rules as we have now. Let's use Surf again in our example. Say Surf passes the combine by getting 90% of his p&l in one day. I know he got lucky, but I'm going to give him...

I'm saying, let's say Surf did not get knocked out. He games the system. Makes 7k in one day and losses the rest but somehow qualifies. What is he suppose to do when he goes live? Can you answer me this? What you are suggesting would work if there was a cash prize for hitting the mark...

That was just an "example". I'm sure Surf is a fantastic trader.

No, you are not listening. He can get funded all he wants, he'll never take a check home. So why do it? Look, let's use Surf as an example. Let's say Surf can't trade his way out of a paper bag but swings for the moon and passes on pure luck. Now he gets funded right? What the fuck is he...

OK, I don't agree. If I ran this operation I would do exactly the same thing. Actually, I would make it longer and would try to eliminate the element of luck more then it is now but I would not allow any trader to game the system. It's pointless for all parties involved. Again, no is forced...

Actually the website does have the disclaimer that the "rules" are used for making the subjective decision. It no where states that anyone is guaranteed funding for simply hitting the numbers.

Well, I can only tell you what I heard from one of the guys that went through it. He was NOT charged anymore combine fees to trade the additional days so it wasn't a ploy to extract more money. I suspect they do this when you see those performance reports where guys are up and down for 8 days...

I would call that blatant and not sure it falls under subjective. It clearly states on their website though that this is a subjective process. FWIW, I know a guy on ET who IS funded and trading LIVE and he was asked to trade a few more days due to some marginal numbers on his performance...

Would you fund them? LOL. I know I wouldn't.

It also defeats the purpose. What is that person suppose to do when they go live? I've tried to make this point before. The goal is not to "win" the combine. The point is to become a consistently profitable trader. Winning does not get you anything. If you go live and lose money, you're...

The market tends to center itself around econ reports. It allows you to set your compass. So the big reports create a volatility catalyst.

3.624 3.187

That's what the combine is for. To work on your weaknesses!

Michael, how did the top 20 do today?

Yes but I have no feel jumping into the trading session that late. Most of the stuff I trade, oil, bonds and FX move before 10:30. Indices tend to make strong moves off the Europe close but I avoid the indices at all costs. BTW, that's not to say I don't take trades at 10:30, usually if the...

Nice job Surf. You are passing two out of the three performance metrics on Crude.

Upside calendar spreads in UNG.

The breakout in nat gas continues. I have a +16 on the 30 day number line and a +8 on the 5 day. Definitely the strongest product out there right now.