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Agreed

Why don't these Guru's show their live trading screen with real money on the line to the room in real time?

Yep,been there done that with the "multiple rooms run by 1 mentor. Total conflict of interest IMHO.

This keeps on getting better. Charging people $300.00 a month for 1 tick trades when the ES moves 30 points is truly absurd & outrageous.

I'm not surprised.I'm sure he talked about how he kept you from getting "chopped up" and how great things are "going to be" next month.

On good days the room would have small gains & on the bad days the losses were massive. The bottom fell out more than once trying to scalp 1 tick long. Before you know what hit you the room is down 5 or 7 points and loaded up to the hilt with more contracts because he keeps averaging down...

I just read the last page of this thread and know which room you are talking about. A lot of time spent on education & small talk with no trading going on. I've been in the room with 20 point moves on the ES trending and no trades were called. I picked up a few pointers from his style...

Speaking of Guru's. If they do trade with real money,how many of them front run their own room.

If you haven't already,put in a couple thousand hours of screen time. Better than any book or guru.

I'm applying for "Bank Holding Company" status. That way I can get free money at the window, prop up my trading account,and give myself a bonus. Then everyone will think I'm so savvy and smart.

All of the government programs to help people stay in their homes have been a joke.There is no teeth in any of these programs. When big government bails out Wall street and doles out trillions in corporate welfare it's considered good sound business. When government helps the common man...

This has been known for a while.The banks have been hording foreclosures because they can. When you have unlimited free taxpayer money you don't have to work with borrowers.

My Toyota is by far the best vehicle I have owned. GM was the worst.Ford better than GM but not much. GM started putting out garbage in the late 70's.

Why should there be a commission when you have to pay 12.50 going in & 12.50 going out. With a commission 17.00 per side on average.

I'm not saying I agree with it or I think it's right. I'm merely stating a fact.

Since Wall Street S*** all over themselves and the rest of the world, they have given our Government an excuse to come in and shake them down.

The question I would ask is what percentage of traders make money that survive the learning curve. The learning curve is very steep in the first couple of years. Most people blow out and give up in this period. If a trader puts in enough screen time ,learns from his mistakes and can...

R. Raskolnikov Sorry, my bad

R. Raskolnikov, Where do you get your information. I have one user name,that's it.I don't have time to lurk around ET using 100's of aliases as you say. Also, there are many aspects of ET that are good.

I agree Surdo,once in a great while I pick up a good nugget here.