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The title of this thread should be "Why traders do not work". Mav posted in the TST Combine thread: Ain't that the truth! Books, indicators...that's the aspiring trader's equivalent of the aspiring gardener buying seeds from a well-respected source. "Look at these cool seeds I...

Technical price action precision scalping for .20 or better per trade using 5m candle chart with 1m cross-reference, 20EMA's on each chart, no other studies/indicators. Setups include with-trend off 5m pullbacks, trend continuation (strong trend-in-progress, 1m pullbacks), counter-trend (1-2-3...

I have problems with that, too, and I don't trade that way. I don't scale in or out, nor do I scalp anything less than .20 unless a stop-and-reverse sets up or S/R is tested more than once and fails. I completely understand the methodology behind small scalps/large stops, and I know exactly...

I posted daily in the P/L threads starting from when I was a rank beginner, July 2008, and continued posting into 2010. I called trades live in ET's old chat room, then called trades in Robert Weinstein's chat room when ET's room went down, then called trades live in CL Redux and ES Journal...

Understood.

I don't even know what "9-10x annual" means. I did once make a point that an experienced CL price action trader can easily average 40 ticks a day ($400/contract less comm/slip), and since one need only have a $10K account to trade one contract, that someone with a $10K account could generate...

I would like to re-iterate that I believe this TST combine provides an excellent opportunity for aspiring traders with very little funding to enter the world of trading. I don't see any downside. Mav, sorry to hear about your orders being left unfilled. That's why I still use stops to enter...

Sorry, I assumed that since you follow me so closely, you've been following me closely for a while and would know by now that when trading with the trend I don't initiate a position during a pullback until price turns and breaks a previous bar's high/low back in the direction of the trend after...

You are right, he is not in a position to be a full time trader and that's why he's a student of the markets at this time. Intellectually, he appears well suited to trading, IMHO. He picked up both basic and advanced technical price action concepts very quickly. Real time trading is a...

I don't take $3.30 heat. If swing trading I'd have been short from 95.41 back on 9/19 (trend line break, pullback and continuation trigger). Someone who wasn't already short from there and looking to enter a new swing position short (not a day trade), would have had a short entry triggered...

I didn't say to short it there at that moment in time. Where did I say that? I was simply telling Surf (who was proudly profitable on his average down counter-trend trade) that with-trend swing traders (either already short or waiting for a pullback to initiate a short) would be expecting a...

Well, let's see, I don't swing trade CL, but way back on 9/26 I looked at a chart and conducted some o' that hindsight TA crap out of a textbook (written by someone who's obviously not a trader or he wouldn't be wasting time writing books because he'd be too busy lounging by the pool of his...

FCX, go for it! There's only upside for you. You can trade 6E like CL and it's active in the overnight session. If you pass the combine, you get a funded account. If you blow up you can lay blame everywhere: 1. You work FT 2. You're a FT student 3. You have a little baby 4. You never...

I absolutely approve; however, I do not know lilbit, so s/he is not my student. Our only contact was a few PMs centered around Geez' old journal. I don't think lilbit trades futures, so if s/he will act as my proxy I need to either find out if lilbit's trading style is similar to mine or...

His statements are those of someone who clearly spent a lot of time studying price action and developing a plan around it. Like Rask, my trading also uses a signal time frame and a smaller entry time frame (thanks RN), trades off "pivotal moments" (thanks, Austin), utilizes stop and reverse...

I offered to help him, having second thoughts... :p

See, now I can read this and, without any additional information, know that three things are highly probable: 1) you actually trade, 2) you are consistently profitable, and 3) we trade almost identically.

I've mentored half a dozen traders here so far, also giving back a little of what was given to me by several awesome ET-ers. I never claimed to average $50K every 10 days. I asked if those who state plainly that TA doesn't work and is junk science would be willing to put up the $50K that may...

Wow, what's wrong with them? I really like the insider buying around this price and the high short interest. I will buy some and then you won't die alone :p

Wait, I don't recall stating that. I made a specious connection between the baking soda promoters and the whole foods plant based diet that makes the body quite inhospitable to cancer. Baking soda is alkaline; WFPB diet is alkaline. Certainly not a connection I'd use in a debate, but the baking...