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Easy to say but absolutely nothing to back it up with. I have been very impressed with the TST program and assistance, And I'm not paying $200 per month. Once you sign up for a combine the rooms and support services all available for nothing extra. How is this a scam?

Good idea for whom? Should I get funded, conducting a dog and pony show will not be high on my priority list.

Maybe those are the ones that don't make it to the live account?

Depends on whether the Congress is still deadlocked.If the market perceives that no real progress can be made to resolving the outstanding issues, then you can expect lower USD If Republicans control the House and Romney gets in, then I think USD will firm up. If obama gets elected, USD will go...

While I agree that you need to use your own stragey... your point about competition isn't clear to me. Personally, I wouldn't mind if a bunch of traders started entering in my direction AFTER I WAS IN.

Quit... But what will you do when the next thing seems too hard?

Why woudn't you rely on your backtesting to answer these questions?

Your statement makes no sense whatsoever. Your example has no relevance to what Allen is doing.

I thought the risk was limited by the stop loss. How would the trading capital base increase risk? Perhaps you mean - sounds like you won't have much of a cushion. I'll accept that - but risk is a different animal.

You obviously have not done much analysis on average moves in the YM... A 30 point gain on a trade happens only 30% of the time by my research... so if you only have 1 contract ... you'd be wise to exit a little sooner on the winners... or at least trail a stop tighter.

Sure .. but the task doesn't get easier if you keep thinking of it as monumental. Eat an elephant ... one bite at a time.

Judging by some of the posts - I guess I'm one of the few who have read and understood every post in this journal. I continue to enjoy Allen's progress as I am still on my journey in trading the eminis towards attempting something similar. I am also following your journal and wish you trading...

Increase the scale on the Stochastic Chart

What is it that Allen has done - or not done - that leads you to draw that conclusion?

My point is that the key to making (and keeping) fortunes in the market is discipline and consistency. The actual real amount of money is irrelevant while trying to develop the technique and confidence that comes from growing an account. Allen has already stated that he has quite a bit of...

I will enjoy it on the way down more than on the way up ...

He only has shares in a few companies.

Why use his own money when he can use the markets? What don't you understand about growing an account???

Williams constructed a synthetic version which you can apply to any market: Here is the TS code for it. Change the input values to suit your preference { Williams Simulated VIX} inputs: Length( 5 ), OverSold( .1 ), OverBought(.5), OverSColor( Green ), OverBColor( Red ) ...

What might I ask has luck got to do with it?