Pros: - Allows one to take a position in the currency markets. Cons: - Allows one to take a position in the currency markets.

I apologise for my harshness. I agree with you. Demo accounts are great for getting used to a broker's platform. Apart from this it falls short of its purported usefulness. If you are testing a trading system then historical simulations are more ...

There are people who were competent from the start of their careers as money managers. Your demo account exploits do not count you as one of them. Not that confusing.

I literally cannot comprehend your post. Its just FF tropes and cliches stitched together with bad English.

'Gurus' respond to the ever-present demand for Trading Pseudo-knowledge from 'Suckers'. Its a symbiotic relationship and not the fault of one party alone. I don't blame these Gurus for capitalizing on the idiocy of others any more than one can blame ...

Not really.

No, it doesn't.

I agree. However, what I said was that they started their careers as professional money managers after achieving competence.

Hmm, another of Mr Seykota's sayings come to mind whenever I browse FF: "The biggest secret about success is that there isn't any big secret about it, or if there is, then it's a secret from me, too. The idea of searching for some secret for trading ...

Of course you would think so. Nevermind the CTAs with decades of experience trading a core strategy with little or no changes made since inception. Lets ignore the fact that there are people who began their careers as professional money managers ...

Being a "Novice trader" is already contradictory to success in market speculation. The prudent speculator only makes his play when there is opportunity to be exploited. There is no reason for him to make trades if he deems himself a novice. There ...

The best traders were competent from day one. You don't make a career from managing money until you are demonstrably competent. The over-extended learning process is another part of FF mythos that disregards reality. It is a convenient device to ...

Not exactly Master Mingary . Many Forex traders are highly successful in playing out emotional dramas and losing money.

All the ones I know of trade a diversified portfolio. You have admitted to reading several of my posts before, how have you not picked up my disdain for FF's special breed of 'Forex Traders'? But of course you are just dutifully fulfilling your role ...

My FF-related 'Aha!' was realizing that the net-losing forex traders here have a lot in common with the bucketshop gamblers described close to a century ago. The principles of successful speculation are timeless and so too are the principles of ...

Well, let me put it this way. If using orders while you sleep is a bad idea then the Managed Futures field must be full of magical creatures who defy the need to sleep.

- Have you decided on the optimal combination of book and beverage while lounging about? - Is your butt-parking equipment adequately comfortable to accommodate your prolonged periods of sitting? - If you are wealthy enough to leave your day job do ...

'Passion', like all nice-sounding buzzwords, is not a leading indicator of profitability. Too many people are highly passionate but without commensurate competence. Observing the FF fauna is like watching reruns of American Idol.

There you go again, making a phantom argument. Congrats on using your own words this time, at least that is an improvement. I cannot address anything you have said because you have not addressed any of my points. Instead, you have gone into your own ...

You just copied and pasted that block of text wholesale. Address the points directly, in your own words, or not at all. Lets try this again: Statement A: Price in a liquid speculative market reflects all currently available information. Implication ...