Search results

Thanks DJ, an excellent response and great suggestions. My initial goal was to do just that -- go the advisor route, trade clients funds individually (and/or through a master), and then start a hedge fund with the connections generated from that. The thing that stopped me is I had become so...

and....if I am forced to buy higher than I want then I definitely stop out on that. I learned that lesson the hard way :(

Anek, Thanks for the insight. One of my trading buddies trades what he calls the lunch time rotation, which goes along the lines of what you just said. A strong uptrend will reverse and break the support level taking longs out and pulling shorts in, then resume back in the direction of the...

Average is about 5 per day. If the market is flying up, followed by plunges down, and repeating that throughout the day my activity will increase. If the market is trending all day long then I may get just 1 trade off. During very quiet times I will trade something else like Oil or the Ags...

Right, don't hold overnight at this point but plan to some time in the future. The risks of holding overnight in this volatility is very high. I have messed around with some automation but the results have been less than promising. A large part of my strategy has to do with the time of day...

No problem I don't trade Forex either. I won't be able to do this til the week of Aug 11th and how does 5 days sound? I guess we'll have to lay some ground rules which is going to be a challenge since you trade with stops and I scale in and out. What do you say the game is limited to the ES...

Here's an idea. Do you trade futures? For all I know you may be one hell of a trader but you seem pretty convinced I do no better than break-even so how about a little contest? You against me. We'll pick someone independent from this board to monitor the contest. What do you say. Win or...

Alright, how do you want me to prove it short of posting weeks and months worth of brokerage statements?

I don't use that method because I don't follow the market, I fade the market for reasons that are too lengthy to discuss here. It comes down to this....if this method ain't for you and what you do works then cool. I'm not trying to force feed this to anyone. Just showing folks a different way...

I don't make claims I can't prove.

If you pick bottoms I'll give you the best advice ever. 1)Play them small. ------->>> Agree 2) Don't average down -------->>> You can't pick a bottom so precisely that you can use stops. Cardinal rule picking bottoms. Don't use stops but follow rule 1 religiously. 3) Pick them...

Not true. If I'm picking a bottom and we get one of those days when the market grinds downhill all day long I'm supposed to let them run? My method nets me profits whether we are in a downtrend or not. Either way I win. I'm not a "let them run" trader. I'm a profit taker. The amount of the...

I have a 90% win rate. You can't achieve that by gambling. There's not much else to say Homey. If you don't like the method then notta problem. Just do your thing.

Agree with you completely.

No they don't. Go down to the CME and watch how they trade. Why do you think they are so interested in if "there is paper coming in?" If you trade a nickel and dime account you can't do this. You have to have access to substantial size and buying what the rest of the world is selling is...

There are definitely times to stand to the side. If you don't stand a chance of winning you must retreat from the battlefield. Good follow-up.

I've had the opportunity to watch and study the various actions of many traders over the years, both beginning and expert, and a common flaw I see among many traders -- even the most experienced ones -- is they have a distorted view of what causes the market to go up and down and why it goes up...

Yes, EXACTLY. I'm buying when the rest of the world is selling. You think about that!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 95% of futures traders fail and I'm buying what they are selling. You can't see that this is a SUPERIOR Way????? ROLF like I've never LMFAO before. Hillarious dude.

This coming from an knucklehead who has his nose so far up Reardon Metals ass that he can't differentiate between a casual reference about blowing up a "few" accounts and "more than I can remember." Say what you want Joker. The responses I've received from this thread have been 99% positive...

I'm not marketing, I have no affiliation with Green, or ILG.com, or MMS.com. These are resource I provided based on my experience. ET has access to my PM's and if I were marketing they would certainly know by my responses to private inquiries. If I were gathering business as you suggest...