Don Miller...

Quote from southall:

I feel for all the legit traders and hedgers who have been robbed by MF and Corzine.

But im not sad for any snake oil vendor profits that got fleeced by an even bigger scammer.
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I am detached from who lost money, the way the money was lost is just flat out wrong.
 
Is there some reason why Corswines entire net worth will not be used to make the victims whole?

Would the reason be that you're all too stupid to demand it, and not take no for an answer?

Yep, I think it is.
 
Quote from Mvector:

like robert hoffman with tradethemarkets.com?

LOL - live trades mean nothing to me from a vendor - I only look at systems and then trade them according to my own ideas and risk management.
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I am not sure about the tone of your post. Are you stating no one out there could actually train a trader to make money. Because I know to the contrary. Back in the mid 90s I had been a break even trader for about a year. I went up to watch a friend of friend trade, and I was very profitable for next 6 years. For me proof is in the profits if the methodology has edge and you can follow it.

Almost every vendor is b.s. but not all.

However, if you are watching a guy who keeps doubling down all the way down... you would presumably know he will be crushed on a big trend day against him.
 
I was making a joke about the "hoffman stop" - a new term I have heard other traders makes jokes about.

I agree with you - most vendors are junk, but I only focus on systems. Usually within a few minutes of watching some vendors method or system, I can tell if I see any validity in it. If I like the system I don't really care if the vendor can trade it or not - I just use from the system what I want to add to my own trading - just my take on it.
 
Quote from pak:

Your right...their is nothing wrong for charging if people want to pay + anyone has the right to change their mind-even if his intentions are suspect.

but for a guy who prides himself in being open- all of us know how easy it would be to show even a few monthly statements AND the fact he doesn't is fair game to be critical.

Another thing that gets too me is his comparison to the turtle's experiment...dont remember Richard Dennis charging for his 2 week course + giving 250k and up accounts to trade for a YEAR of his money...NOW this is a MENTOR!
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NOW this is a MENTOR.

bull shit,

dennis had a side bet for big bucks with eckhardt to prove it could be done.

bill lost the bet.

the turtles were nothing but a trader science experiment.

russell sands was a turtle.
he still does better at the blackjack table.

a few excelled at the game and still trade , others blew out...

http://bigpicture.typepad.com/comments/files/turtlerules.pdf

and don't forget the 5.7 exit door.

cheers,

s
 

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Quote from shopster:

.................................

NOW this is a MENTOR.

bull shit,

dennis had a side bet for big bucks with eckhardt to prove it could be done.

bill lost the bet.

the turtles were nothing but a trader science experiment.

russell sands was a turtle.
he still does better at the blackjack table.

a few excelled at the game and still trade , others blew out...

http://bigpicture.typepad.com/comments/files/turtlerules.pdf

and don't forget the 5.7 exit door.

cheers,

s
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Great white paper. Although 99 percent of us cant trade multiple contracts to the extent the turtles did? So no way of knowing if the contracts they chose where a major factor in returns ?

5.76 ?? I see t on your chart......can you elaborate ? TY
 
A better experiment would be to take a so called "trader" and make him/her follow the rules of turtle.

This would prove that the trader skill is "made" not born with. Or rather that it is learned behavior
 
math guys 3

retail traders without a clue. zip.

and so it goes...........
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miller is the real deal and he knows how to trade like a local on a screen.
very few pit traders could ever make the switch to the box.

i care less about his sidebar teaching activities.

orginal sp500 trader from 1982 and held a merc membership.
i used to ride the big bucking bronco.

the new ES is like watching paint dry
heavy, slow and lethargic most of the time.

surprised don does not take a nap when it is trading.

cheers,

s
 

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