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    God Bless Averaging Up

    Fseitun, You got it. Howevery, February was pretty trendy, so some real good plays there.
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    God Bless Averaging Up

    1) Trailing stop I calculate based on daily and weekly ranges multiplied by a fixed percentage. 2) I started using the Matrix in Tradestation. Now, Im learning easy language to reduce the micro management hassle. Still very much a newbie in code-land. Test yourself next week on paper...
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    God Bless Averaging Up

    Nik, I would honestly say 30 cars is a tiny bit heavy for me, not by much but I rarely go beyond 20-25 cars unless I catch a tremendous ride using this money management strategy. I think overleveraging in this money management technique is acceptable. Afterall, if you must add cars, things...
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    God Bless Averaging Up

    First point, discipline, i do, rock solid. Without it this business is suicidal, literally. Second point, car lot. I trade the YM, I think 1 car for every 2.5-3.5k in your account is not overleverage. What made you think you knew my total equity ? As far as unrealized profits. If I...
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    God Bless Averaging Up

    Sponger, I don't scale out, my trailing stops do it for me.
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    ES Journal Archive (2006 - 2008)

    Porga, Porgie, Porgy, Porge, Porgies, Porges oh and Porgy and Bess :)
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    God Bless Averaging Up

    Sponger, Ok, this is an example of how I ride trends. Let us say *I think* the trend is about to go up. We never know for sure, I certainly don't, so I start small. 1 Car Long I now wait to get stopped out, or for my theory to confirm. If I get confirmation, I add 1 or 2 Cars...
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    God Bless Averaging Up

    Sponger, I understand your concern but that's a risk every trader with a large car size has to take, no? At least the trader who's scaling up has some profits in the bag if the car size has increased substantially, sort of like a buffer, to further protect against a violent move against...
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    Holy Grail

    Nice post Spectre.
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    ES Journal Archive (2006 - 2008)

    JJ, I used to be part of an equity trading room. When I decided to leave that room, more than half a dozen members said ... "if you like it, let us know....." The service turned out to be extraordinary, not only for me but for others so I recommended to my previous members that if they...
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    ES Journal Archive (2006 - 2008)

    You have absolutely no idea what you are talking about but sooner or later someone will make you look like fool you are, nothing but a skeptic swiss army knife catcher.
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    ES Journal Archive (2006 - 2008)

    Oh I certainly post, easy to verify. Just where and when I choose to not where or when Im told so.
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    God Bless Averaging Up

    GT, Absolutely, exactly what you just described.
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    ES Journal Archive (2006 - 2008)

    JJ, I suppose wanting to promote the service of someone I admire would be too good of a gesture for a man of your stature.
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    ES Journal Archive (2006 - 2008)

    Romik, It was too good of an opportunity to pass. A thread of arrogance with newbie mistakes, it was just too tempting my friend.
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    ES Journal Archive (2006 - 2008)

    My clients ? How many times do I need to tell you I'm just a member.
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    ES Journal Archive (2006 - 2008)

    Thank you for the amazing remark. The paper plan was due to the transition of equities to futures. I'm a cautious trader. Alex knows I started with paper, as per he recommendation. However, I forgot I was in the ET forums, land of the skepticism where you need to justify yourself every...
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    ES Journal Archive (2006 - 2008)

    Apex, The post clearly states that I started scaling up the short with one car. Scaling up implies, if the trade worked, the number of cars increases substantially. I'm sure you know this. However, it looks like you read the first two lines of the post and developed a conclusion. If you...
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    Holy Grail

    Huge selling some buying some selling some buying some selling huge buying. I don't know, it's late and had a few stouts lol
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    God Bless Averaging Up

    More losers than winners but way more gains than losses. That's a good thing. Neet
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