Search results

Dude, I traded for the most profitable group at Worldco in NY 10 years ago. At my peak I was clearing 50k a month. I then become a floor trader at the CBOT for Lawrence Bonfitto. I then spent 8 years at VTrader running an options book. Please stop lecturing us on who is and is not a trader...

He is no longer a trader. I believe he stated he got out of the game. He doesn't seem to be taking it well. :)

Don, I know I sound like a parrot, but you still are not reading this thread. In the futures world, unlike the equity world, you have to pay exchanges for data. I have used Ninja trader in the past and most brokers will give you free 10 days or maybe a month of data. After that, they will...

Alright whatever. You tried, it didn't work out. I'm not wasting anymore time arguing with you. You are starting to come off as a sore loser although I'm sure that is not your intention. Don't you think it's time to search the web for recruiters now? I mean what are you still doing here...

Let me help you, if you trade 2 lots of CL you are controlling 200k in oil. With me still? So in order to make 3500 in 2 weeks, you need to generate a 1.75% return. If you were trading "50,000" in oil, yes, that return amount would need to be higher. But you are not. You are trading...

I have a problem with this statement. Let's say one decides to trade two lots of CL at 100k a contract. That's 200,000 in notional. That's a 1.75% return capadre. Of course one can trade up to 5 contracts, but I'm trying to keep things within reason. Why bring up notional? Because notional...

Let's see if they give the profits of the film away to helping the environment or if they take the millions and pocket it for themselves.

So if the market went your way, it would "not" be manipulation right? Just trying to follow the logic.

Exactly. For awhile there, I thought I was talking to myself. Thanks Jeff. :)

Meant to say total loss. Look man, I don't want to keep arguing this with you. You said you were going to quit trading and look for a job. Sounds like a good plan for you. I've been trading for over a decade and thankfully, still profitable. You can keep making excuses. The bottom line is...

Of course each trade is independent. But over a large number of trades your "total probability" is getting worse. How do you think insurance companies make money or option market makers? Any one trade or policy can blow up in their face, but over a large amount of trades or polices, they are...

No, the goal is not to get funded. The goal is to become a consistently profitable trader. Getting funded is a byproduct of that. You are going about this the wrong way. What good is it if you get funded and can't trade? Have you thought "that" through? As far as negative sum, yes you have...

So as a point of reference for anyone out there thinking of doing a combine, please disregard everything this guy just said. The purpose of a combine is not to PASS, it's to improve your trading. There is no "point of no return" as he puts it. This is NOT real money. Therefore you don't have...

We actually have a few ET'ers who have passed that are live. I'm not going to volunteer them though. They can come out when they want. They are in the top 5%!!!!!

QTR A up for nat gas was 3.18. QTR is over tomorrow so we get new levels next week. Gold and Silver look great. My 30 day number line for Gold is +10. Although the 5 day is back to 0. At the beginning of a new QTR we can see products drastically change character. So best to wait for the...

Yup. I use to have an account there and use to watch the leader board every day. I would say about 5% being profitable was the norm. There were some days it got up to 10%. But that is just daily. Many that were up today were down yesterday and net net are probably down. Look, the facts are...

Sorry, misread that. Thought you still lived in NY. Yeah nobody goes to the expos, they go to the parties. The reason I assume for having Surf Fest at the same time as the expo is a lot of ET vendors are in the city for it and most of them are pretty cool people and fun to hang out with. And...

BTW, this is what the leader board looks like at Velocity. I think TST would do something similar except only for the accounts on ET.

Surf Fest is in NY, not Vegas. Surf will be expecting your attendance in NY. :)

No, this is not being offered to ET. They actually charge for this. They offered a free combine to cool trader dude because he was one of the louder vocal critics and he agreed to give a fair evaluation. So they gave him a freebie to do the report. Now Michael did say something about doing...