brownsfan019

Like I said, there's nothing stopping them from having an 'off the records' account where the serious money is being traded. Sounds like you are a trusting person zoso (and that's an admirable trait) but unless you really know these people, you are putting yourself out there for quite a bit of manipulation and short changing. For example, I would probably do something like this if a close friend/family member asked and not think twice about. But if an anonymous person over the internet found me and asked, I don't think I could do it w/ the way you are suggesting here. Here's an idea to help you get paid and teach at the same time - open a CTA or CPO and set it up so that the interested party must invest in your CTA/CPO for a specified period of time (some sort of lockout type setup like most hedge funds do). While the person is invested in the CTA/CPO, you can open a chat room or however you plan to do this and trade w/ them. They can start small and demo it, all the while you are making money from day #1 by trading the group account.

Just can't do it yet here. After watching some interesting vid's on youtube, it's just not worth the risk for me at this point. I'd love to get rid of these glasses, but my script is so weak that it's not a big deal at this point.

While mentioning Suri, I'll give him a plug for his book. Just got it and very impressed. Well worth the cost. http://www.surinotes.com/

I just think it will be hard to collect once a student is successful. I mean, they could have a little small account that they pay you from and then have a completely separate 'off the books' account you'll never know about (unless this is done face-to-face). IMO you are risking too much for the reward. And that's why vendors charge up-front. Granted most know that what they are selling is trash, but even if it is good, how can you be sure to be paid accordingly?

Good question zoso and an interesting arrangement you might have there. In a normal hedge fund the fees are 20/2. I think this can give you a base to work from. Since the 2 management fee is probably not practical here, I would say somewhere in the ballpark of 20-40% of profits can work. Setting this up will not be easy if you want to do it right - meaning, proper legal documents would need to be in place. If not, you can try a gentleman's shake, but keep in mind once the intellectual property has been taught, the end user may not feel like paying you for much longer after that... It can be a good situation for all involved if done properly from the onset. But it will not be easy.

Not sure. This thread is about the 20 EMA.

Bigdave, I will give you my observation once and then I will let it be for fear of the VSA'ers hacking my computer and deleting all my pretty candlesticks. My issue with VSA is this - you look at the threads on VSA and you will find people discussing one chart and half say there was a buy and half say there was a sell. And a few might say do nothing. It's too vague for my liking. :doh: For me, if we are using the same techniques, I can't see how one can argue for a buy and one can argue for a sell. Just doesn't add up to me. But, that's me and I like things a little more clearer. That's probably why I've studied candlesticks and a few other things intently b/c in the candlestick world, I personally find things a little more clean cut. There's my personal & I won't comment further on the topic. Check it yourself and make your own decision. I made mine.

The volume and depth on the Stoxx till about Noon EST is really nice. Very thick and liquid. I'm mainly trading the stoxx till Noon EST (if not earlier) and then done for the day.

This thread and it's author is off to ignore for me. The title is 'never lose again' and then he says 'just watch price and trade it'. :doh: Wow, thanks. Very insightful. And then we get these neat looking charts w/o any explanation as to what's even on there. No need to post charts w/ all these indicators and what not only to say - you don't need indicators, just watch price. This thread smells funny and I'm not in the mood to call out :spam: or whatever else this person is attempting to do. As I told James, there's a reason he's been banned on other forums and my hunch is that it's a matter of time here as well. Perhaps I will be proven wrong, but I really don't see the point of this thread if he's not going to discuss what he is 'seeing' w/ all the fancy indicators. He may say you don't indicators, but sure looks like he's using them...

That's a great question. Personally, I started in stocks moved to options and then found futures. From there it was a matter of personal preference. Currently I'm doing most trades on the Stoxx simply b/c commissions are lower and my stops seem to hold better there. Still watching the good ole ES, but I'm getting more bang for my buck on the Stoxx. Once you decide on futures, I think it's a personal thing. The ER2 is known to offer some wild rides while the YM may put others to sleep. The CL is a bucking bronco while bonds can be like watching paint dry... All futures, but all very different animals.

Question - what am I looking at? See Kiwi's post for a better explanation. Thanks.

Clear as mud!

Feel free to explain what all these charts are showing.

ES daily tested the 20 EMA yesterday. We'll see if any bearish follow through today.

I disagree gsx. I honestly believe that if McCain won, the markets rally; and they fail on an Obama win. That's what I thought and I'm sticking to it.

Good question. I'm going to suggest you find a few beginner websites or books for investors and start there. Your question is more fundamental based, but most here are day traders that use technicals. Two very different ways to make money. One note - the market on a long-term basis sometimes reacts how you would think and other times will do the exact opposite and you might get caught off guard. If it was as easy as buying airlines in the summer and toy co's in the winter, most everyone would just do that!

Thanks for sharing Cam.

Nice post Cam. If you want to elaborate more, that'd be great for the group1

So far, the markets are not thrilled that Obama won. Who suggested that? Smart cookie.

Should be an interesting 4 years. I wonder what, if any, impact we as traders will see. Once it hits home, then it gets more personal.

In the end, there are plenty of reasons to say a big move happened - technical and fundamental. And both are right. It's in the eye of the beholder.

And here comes the PITA I think this election, more so than others, will have a big immediate impact on the markets. Now, am I placing any bets on this? HELL NO. Maybe you could straddle it though... lol

So whoever gets elected will have zero impact on the markets? It's pure coincidence? I disagree 100%. And just to be clear... your hypothesis says the market may go up or down, right?

Should be interesting to see how the markets reacts w/ all this. IMO the market rebounds on a McCain win and flat-lines/drops w/ an Obama win. Just my

"Standard" (in futures at least) is 20% profit share and 2% management free or 25% profit share and 0% management fee. That's a fairly straightforward way of doing it but there are always exceptions to the rule. If you are good and have a track record, people will pay more. Initially though it sounds like a 20/2 or 25/0 could work or even lower depending on how aggressive you want to get in the funds raising. Odds are these 5 people know others that could invest so keep that in mind. If your goal is to raise more and more funds, make them money and keep the fees reasonable IMO.