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It's incredibly difficult to understand how some individuals allow a large gain to turn into a disaster. It only takes a fraction of a second to submit a stop loss order and it addresses that worst case scenario. Be objective for once. Get the emotional garbage out of the equation. If the...

So there you have it members of this forum, SteveNYC will continue to engage in shallow behavior, not willing to contribute something of substance to this thread it appears. And will likely continue to insist that i fabricated comments for my benefit. He finds child like behavior much more...

I believe i understand you very clearly SteveNYC, so you wish to resort to underhanded tactics instead of contributing something of value to this discussion. It must be because you lack higher education and thus are not able to articulate a solid viewpoint. Please feel free to present forth...

You're missing the entire point stock777. The comments i made regarding Michael Parness centered on the start of his trading career, in order to make a point, not on what Mr. Parness did years later. You'll have to take your argument somewhere else.

It’s sad commentary that Emg seems to take delight in berating or rather browbeating those with small accounts. He probably does so out of ignorance, surely not out of malice I hope. I truly find fault with Emg’s viewpoint. We are a community of traders, and it would surely be of great...

Well even college graduates that are supposedly working at a later stage of their career, earning over 200K per year is a stretch in light of today’s economy. How can that possibly not make any sense to you? Are you living on planet Mars? It’s certainly not the booming 1980’s. Perhaps the...

Ah, I understand your rationale very clearly, I think it’s rubbish. That means that a large percentage of college graduates are also pikers, because many fail to bring in over 200K per year. All those years of study and a college graduate is essentially lazy who doesn't have any ambition. How...

It’s pathetic how these message boards are rife with: is there any people that truly make any money from the markets or do full time traders even exist? Upon closer inspection it appears to be a reflection of a person’s incompetence that such a question would even be asked. Take a...

To my understanding, if you're managing capital and your focus is investing in futures, commodities, etc.. one cannot directly solicit or advertise to the public unless you 1st become a Commodity Trading Advisor (CTA). However, If you find yourself managing capital as a result of word of...

If a market is in a decline, and a trader is short there is no point in selling again from the beginning because a trader will not be accomplishing anything of greater significance, certainly not a greater advantage, besides what would be the point in being exposed to risk again if a market is...

Ah, and you must be the ultimate authority on this issue, let me guess, you were once a so called loser as you call it and you've upgraded i suppose, right? besides, paying for the privilege of sitting down at your seat at a firm is pathetic, it's obvious that the interest of the firm is...

Ah, and so you must be the English major and the grammar police as well, arrest me if you can tomdavis.

The point that i was making tomdavis was that at this time, the law cannot impose your ideal or so called fanciful notion of requiring all trading advisors to show documentation, the act alone of formulating an arrangement between a mentor and a student does not require legislation, you missed...

Quote from tomdavis: My argument is this: 99% of the people offering themselves as mentors-for-hire in the trading business cannot prove that they are accomplished traders and worthy of being hired. Most say, "Pay me now and trust me." Should I go flying with a flight instructor who...

Quote from tomdavis: Would you pay a flight instructor before you saw the appropriate certifications and proof of his/her competence? ______________________________________ Tiger Woods, the a living legend, who was his mentor? his lowly father, he certainly did not have sterling...

Incorrect, there was no insinuation that a student pays 1st, it's in the interest of a potential student to 1st diligently take note of the mentor's input, compare that input with what a student's understanding is of the market and if the student and begins to notice an obvious disparity between...

Quote from Pension_Admin: Anyway, I am done with the thread. I have made my points and I am done making them against the snake oil salesmen and thier shills. Either I am right or wrong, it doesn't matter. PA "I am a newbie, but I don't believe we require a mentor in order to achieve...

I do not agree, i don't believe it has much value, what has greater value in my opinion is if a mentor can demonstrate to a student in real time that he's competent day after day, week after week and so on.... then the student is encouraged to open a live account as the student begins to...

Oh, how unfortunate for those flight instructors, but how fortunate it is for trading instructors, they're not under tight regulations but perhaps they will in the future, in fact a trading advisor is exempt or is not bound by certain NFA rules or cannot be held liable under certain conditions...

Just as a flight instructor should not accept any flight students because the flight instructor should be flying planes instead ONLY, right tomdavis?