hmm.no edges in the markets

Quote from cornix:

That's true, OPM is like free option. That's why I do it in addition to my own trading. But the question is different: is Combine really an optimal way to do OPM? How much they promise to fund successful trader with? Under what conditions?

I don't know if its an intially optimal way or not----- but certainly the exposure it will bring you is far greater than most could do on their own. In addition, if you and ND could really do what you say, and demonstate it on the combine, YOU wil be making the rules to real investors very very soon.

I still don't understand the fear-- its only upside unless you ( plural) are afraid to be exposed as not really being capable.

surf
 
Quote from tobbe:

According to the website her name is Alla Peters.

According to the website her affiliates (remember Marketsurfer is one) get a 30% commission on all sales. Education is $3200 or so, mentoring is $6900 or so. How is this not stealth vendoring...?

Thanks for the name Alla Peters...a TA user. Marketsurfer should have been at "low profile" in this thread like the professional gambler I mentioned in my story earlier. That guy got audited and may owe thousands of dollars in unpaid taxes.
 
Quote from tobbe:

....According to the website her affiliates (remember Marketsurfer is one) get a 30% commission on all sales. Education is $3200 or so, mentoring is $6900 or so.

How is this not stealth vendoring...?

:confused: :confused:

Where's a moderator at when you need one?
 
Quote from marketsurfer:

I don't know if its an intially optimal way or not----- but certainly the exposure it will bring you is far greater than most could do on their own. In addition, if you and ND could really do what you say, and demonstate it on the combine, YOU wil be making the rules to real investors very very soon.

I still don't understand the fear-- its only upside unless you ( plural) are afraid to be exposed as not really being capable.

surf

To share my personal experience: there is a lot more money willing to be invested than traders willing to trade it. I literally had a line standing just consisting of friends and online buddies even before the start of operation without any real promotion.

Supply/demand here seems to be heavily rigged towards managers.
 
Quote from marketsurfer:

1. being funded has nothing to do with working for someone else. It is a transfer of risk from yourself to another-- any trader who doesn't understand this advantage is WAY behind the curve.

Those 100% payouts are amazing! Transfer of risk. Please. Not working for someone else? LOL

Quote from marketsurfer:
2. Why post on elite at all? Clearly those who put them forth as mentors MUST prove themselves-- I am not calling out every TA person, only those who make claims or set themselves up as a mentor type persona.

ET is not an online school, trading or otherwise. Like any social-oriented site (not to be confused with dating sites) there are only the self-proclaimed with no requirements or background checks whatsoever. The members decide how/when/if the self-proclaimed become memorialized. The self-proclaimed do not get to make that decision. Steve Martin in The Jerk became "somebody" when he got listed in the phonebook.

Quote from marketsurfer:
TIddly-- to you and everyone else with this line of reasoning--- why make claims or even post on elite trader then? If you post here and make claims of your success, you NEED to prove it in the combine.

From time to time I learn something here on ET from one of the self-proclaimed (THIS is not one of those times!). And from time to time I publicly pat myself on the back. But I don't NEED to PROVE anything, because I don't give a shit if online personae believes or not. I became "somebody" when I joined ET.

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Speaking of edges in context of NoD's claims of what's possible at least in theory... while NQ as dull and not giving me trades I practice some simulated CL trading this week... just a couple hours a day as usual, cause now it's time for milk with some cake and sweet sleep. :)
 

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Quote from cornix:

To share my personal experience: there is a lot more money willing to be invested than traders willing to trade it. I literally had a line standing just consisting of friends and online buddies even before the start of operation without any real promotion.

Supply/demand here seems to be heavily rigged towards managers.


I'm more interested in hearing your clients experiences. Can an English speaking one talk to me off the record? Thanks, surf
 
Quote from Ol' Yella:

Nice trading Cornix.

Frankly just a couple of days of simulated trading without proper focus and using single 5-min chart with a few mistakes in mkt read and a few missed goodies.

I've almost never traded CL so it's rather at a hobby stage right now, but certainly can see how experienced full time traders can extract pretty good amount of ticks per month trading this volatile instrument.

The only thing I don't get is how CL can be day traded for Combine provided it's absolutely non-existent scalability. Trading such market for OPM makes no sense to me.
 
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