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This is a Journal. No matter how elaborate the fabrication is, there is a responsibility to post your closing orders before you post new orders. Following today's action, this guy has been long all day and added to his losing position. But he posts like he's not in a position at all now...

Memories of what you posted on August 15th, 2010 on your blog : " DOW and SP500 weekly charts Fri Aug 13 inclusive. The indexes continue to be pulled in opposing directions by the buyers and sellers – as exemplified by choppy price action and megaphone wedges. Daily charts are bearish...

No, we don't have to be patient. He had time to post a NEW long, but no time to post a closing trade on his OLD position ( 100+ pips down ). This gives him a lot of leeway to fabricate some nice exit points, or claim he never did go long as his post clearly claimed he did. The other aspect is...

Shortie, in all seriousness, you still believe this guy ? He's recommended or gone long at 1.4452, 1.4422, 1.4284, 1.4274, 1.4166, and maybe 1.4136. He missed another long signal early today. There was no sale of his position taken at 1.4284 and 1.4274. If you were taking his...

That entry seems highly unlikely. But more puzzling is the fact your journal indicates you remain long a full size ( whatever that means ) at an average price of 1.4279. Amazingly, you took a "break" while losing 100+ pips, now you are ADDING to that losing position without any mention of...

Interesting how when pushed to post more realistic "real time" trades you start losing like crazy. You can go ahead and tell us when you close that last long, so far around -80 pips. How can you have a "break" when you are supposably in a bad trade trending against you heavily ? That is a...

Your whole premise is ridiculous and indicates you don't understand economics. GOLD prices can go up and down and they have ZERO effect on the world economy. Nobody "needs" gold. It's not an input into the economy. GOLD is pretty much its own deal. Sure, world economies can stagnate or drop...

That would define "GrandSuperCycle", who has been posting the exact same trades almost every week for 10 months, despite the majority of them trending heavily against his position for months at a time. At some point these fraudsters should be cracked down on or this site is a total joke.

Basic statistics tells me you have most likely fabricated your trades. This was the most damning piece of evidance on Madoff, that what he was claiming was so statistically unlikely that he should have been brought down many years ago. Read my lips .... I DON'T BELIEVE YOU. Being very...

Shortie, I don't believe this journal at all. I think its entirely fabricated and he's not smart enough to make the whole charade appear believable. If you truly believe someone can make 29 out of 30 trades profitably on short term moves in currency ( one of the most random trades out there...

Obviously, more the 50% of Americans voted for George W. Bush to be President not once but TWICE !!! This fact in itself is the most damning piece of evidance that the USA's biggest problem is education. EMRGLOBAL reminds us of this fact everytime he posts !!! :D There will be no...

Memories of what you posted on August 15th, 2010 on your blog : " DOW and SP500 weekly charts Fri Aug 13 inclusive. The indexes continue to be pulled in opposing directions by the buyers and sellers – as exemplified by choppy price action and megaphone wedges. Daily charts are bearish...

I used the same approach at times back when I played. The only question I would have is have the Vegas casinos changed the game in a fundamental way since 1993. There have been some suggestions of this on this thread, such as automatic shuffing. If its still 6-8 decks ( or less ) in a shoe...

Are you really that old ??? Wow, I don't know many seniors who still trade professionally, but I commend you for that. "Pompous" ??? Hmm, I've seen a lot of posts from you and they tend to be short and negative. But now I understand, at your age typing up long well spoken critiques would take...

Blackjack is the one casino game where with proper play ( strategy AND counting ) that the player has a mathematical edge. This is fact. It is not imaginary that there have been numerous card counters who developed projects specifically to take as much money as they could from casinos and they...

Scientific fact that blackjack using proper card counting and basic strategy is positive expectancy. As long as its a fair game ( eg most Vegas casinos tend to use the most favourable rules to attract more action ). Casinos don't care they easily exceed these amounts from the 80% of players who...

Blackjack with card counting has a long term positive expectancy. It is actually absurd to claim otherwise. There are pro counters who made a small fortune doing exactly that before they were effectively banned from most casinos. Claiming otherwise doesn't change the basic fact, no matter how...

Your observation is way off, a much higher group of blackjack players win or flat regularily. Sure, 80% of the players lose almost all the time but they don't play basic strategy. Just grab a basic strategy chart and watch the plays sometime. People do stupid stuff like staying on 16 versus a...

Nope, house edge is pretty small with basic strategy. Of course, many players don't understand basic strategy. With card counting, the advantage is to the player. Problem is, you have to hide the fact you count cards, which can become fairly apparent if you win a lot using correct systems ( they...

Since August 2010, we have had a tremendous bull move ( 30% + market wide ), which was followed by a choppy ranging market that we are still in ( range S&P 500 approx from 1250-1360 ). In this same time period, Elitetrader posters have predicted around 50-100 market crashes or major corrections...