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    How can you be almost broke and then pay out billions in bonuses?

    "How can you be almost broke and then pay out billions in bonuses?" Because these institutions are afraid of losing the workers who helped them lose all the money in the first place?
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    Skyline Futures, LLC

    One more in a long line of "gee, has anyone heard of this trading system?" from someone with less than 10 posts. Funny, this almost never comes from someone with 800 posts...
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    trading systems vendor?

    When you don't see system statistics, you can assume that most of them are not very good. You need at LEAST Profit Factor, Sharpe or Sortino, Maximum drawdown Very very very few publicly available systems are much good. That is usually why the vendor is marketing it in the first place...
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    Anyone subscribe to firsthourtrading.com

    People who hide behind an alias to flame are the most to be pitied. You are already anonymous. (Yes, I know, you will deny). People with 8 posts rarely have formed strong opinions. People with hundreds of posts but don't have the nerve to say something directly need the alias. But a it is...
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    Position Sizing and Rapid Growth

    I don't maintain an approval list of people I need to check with before quoting someone. Who you put on your ignore list is up to you. This is a weakness of the site, not of the users. And a number of times when I quote him, I am responding to his post. If you don't quote someone, either...
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    Trading Chat Rooms

    Millennium does not post their track record. They post the highest value of each trade, which is impossible to achieve. This renders the entire track record useless. Other vendors do the same thing. You cannot get out at the highest value (max profit). What looks like a lot of money...
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    SickTrader and his viral marketing campaign

    Sicktrader/sicktraderII - his viral marketing campaign. He mentioned he already is on Twitter, T2W, ET, StrategyRunner (an audit site for professionals venfors). He has shock titles. He spent days building up hype about his "coming trades. he said he would post videos of entries/exits and...
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    Let's Trade III, by Sicktrader

    Funny how when people ask sicko a question, you always need to respond for him. Are you his secretary or his Siamese twin??? He has said he will put me on ignore like 5 times, and still manages to read what I say within a few minutes. Let him answer. He lives here anyway. You will be on...
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    Let's Trade III, by Sicktrader

    Sick is so busy with his construction company, before I can spend 5 minutes editing a post, he has often already replied!!!!!! I come here a couple of times during the day. Sicko seems to live here and be ready to respond to anyone within 5 minutes. Do you run your company from your...
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    Let's Trade III, by Sicktrader

    Quote from sicktraderII: I really do not have the time today to respond to false accusations all day. You mean you DO own a top 500 builder that was featured in a magazine as you claimed and freely offered up as proof, which was the reason you said you did not need to charge money in the...
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    Let's Trade III, by Sicktrader

    -------------------------------------------------------------------------------- Quote from cstfx: you are all aware that his money mangement plan (if a true trading plan) is only effective up to a point, as global (his broker) does not extend this lower margin beyond 25 contracts. So IF...
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    Let's Trade III, by Sicktrader

    Commissions, slippage and nonexistent-yet-promised video entries/exits & trade blotters from a broker, 71-fold leverage, + 2000+% return expected in 60+ days, 2 threads and an alias deleted, and claims to be posting a "journal"' but needs to do it with at least TWO different forums (one is not...
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    Let's Trade III, by Sicktrader

    Distraction is usually what someone has to do instead of addressing the issues. I consider it a sign of a 6 year old, not someone with something to say. But it nevers "bothers" me or "amuses" me, whether targeting others or me. Anonymous posters make claims, and throw up flak when called on...
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    Let's Trade III, by Sicktrader

    Still awaiting your commercialization. This is the closest thing going on ET to viral marketing. Sorry, but 99% of Journal writers do not act like this.
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    College Graduate

    They basically take most people, you some money up front, can let you take firm capital, and you may learn some things from others there. I have not done it, so I am not an info source on "how it works and how to do it." But there is a category on prop firms in the main "forum" list page. You...
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    Let's Trade III, by Sicktrader

    Photoshop is how people manipulate the broker's blotter, and why that is not really an acceptable proof. As someone said, without accounting for slippage and commissions, "I got in here and out here" is irrelevant and is nothing more than paper trading. Why don't you go onto Timertrac.com if...
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    If Taxes Rise, Should You Form An LLC or Incorporate?

    I owned an S corp. You must pay out a salary that makes sense for the position, to get it by the IRS. You cannot pay yourself $16,000 a year as "President" and take out $100,000 a year as "distributions" from something like trading. It works until you are caught, then you will owe taxes...
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    College Graduate

    prop firm only, I imagine. I cannot imagine any financial institutions will be looking for you, while tens of thousands of industry veterens are walking the streets and will do any of those jobs for almost nothing, just to get back into the business.
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    Let's Trade III, by Sicktrader

    There have been 3 or 4 threads. If you have rules, rather than burying them in lengthy paragraphs, you should consider putting them in bold [ b ] [ / b ] (take out spaces). Further, FWIW, the complaint is not against whether sicko has an "edge." If sicko has an edge, wonderful. I will...
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    Let's Trade III, by Sicktrader

    funny "everyone knows" it is 3 points win/2 loss, and atticus congrats on 4. and how sick "forgot" to put me on ignore 4 times. And how funny how "everyone knows" replaces "video" audited results.
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