Search results

<i>"It sounds like no one really knows..."</i> That is very true. No one ever knows for sure. What can surmise is this: no selling climax occurred today. More selling is probable, perhaps to considerably lower lows from here. Again, no one really knows. We'll see a true test on the next...

<i>"For the stock market to go down on good volume, someone must be buying"</i> False. Markets going down on huge volume means institutional players are rushing for the exits. When ER futures traded 500,000+ contracts and ES futures 3 million+ contracts, that was not buying pressure. Those...

<i>"Now, after posting here for a while and having a good time from the look of it, you are making snide remarks about ET, very uncool..."</i> <b>nkhoi</b>, how long have you been here? Since 1999? I think you've seen a few of my posts before. Have I tried to contribute positive content? Have...

<i>"for you maybe but for others, ET plays big part in learning how to trade, check out 40yotrader thread, various testimonials in spyder's equities thread and most recently BullnBear thread, still scratch my head on that one but yeah."</i> That's good... my bad :)

<i>"Anyway, you are mistaken IMO."</i> Sounds good... my bad :D

<i>"Doubters will never believe..."</i> With the sideways rolls this market took today, averaging down near the lows (long) or averaging up (highs) could have caught several trades for big gains. Timing the turns by piling in while the market surges against you takes more guts than I have...

<i>"Thank you for that austinp: I read this and understood it right way. I use a similar calc, but I never placed the word "linear" with it. Definately clarifying. FWIW my "linear" pts per YM contract today was 242 NET. Did not trade ES."</i> I use that term to describe = measure how far...

<i>No Mas</i> Got stopped out for -5pts ES in one of those afternoon lifts that were crushed. Then again, all of them were. Bought into each squeeze, scaled up 2x normal size on three occasions (as described in the weekend post here) and picked up few linear points on each. All three buys...

<i>"Wow, gotta tell ya, you guys are redefining what I think you can get from these markets"</i> Today is on the polar opposite bell curve of 5.5pt total range ES sessions. The 10pt swings are rolling sideways twice an hour... it's like trading two weeks' action compressed inside a 6.5 hour...

<i>"I hate down trend days like this: you go short, and then end up getting only small pieces of the move, since the market snaps back. "</i> You forgot to mention starting with a -16pt ES gap at the open, for good measure :>) By 10:30am I was up +9pts ES. By 11:00am I had given -5pts back...

<i>"if durable goods is surprisingly strong, I would cover shorts, and if its neutral to bearish, it will be sold relentlessly, lot of the fundies were waiting for apple earnings and durable goods to be out of the way before the true selling starts."</i> All that logic & pure guesswork will...

<i>"There is no one in my circle of friends who trades, so I cannot bounce ideas off of them. So I do it here, when I have time."</i> Most mornings when free time is available, I visit three sites in this order: Miami Herald (Dolphins), ESPN and ET. Herald only has interesting news part of...

Let me say what I mean another way: People who take the time to post online, any thoughts at all have something to sell. Money = currency is not the only payoff exchange for time and effort. Matter of fact, money is not even the most important reward for most sales. "Recognition &...

jander, I did not call anyone out. Nor did I ask anything of someone else I haven't been willing to do (and have done in here) myself. I don't know if two or two thousand traders hit this thread, so maybe the point is irrelevant. Maybe I'm the only one who wonders, and asked the question...

<i>"However, after initially placing a 20 car order on line and making 1K in couple of minutes, I decided to postpone going 10X with my system and hence I am still trading as if the extra $$$$$$$$$$$$ weren't there. I got scared by all the postings a little bit. However I did go up to 16...

<i>"You're going to have to read thorugh a lot more threads than this one to form an opinion."</i> I don't know much about many things in life, but of this I'm very sure: the less time any of us spend inside these pages here, the more money we make in actual trading...

"There is one helluva lotta money to be made when one quits trying to fade every move and learns to hitch a ride instead. Any timeframe chart, any market or symbol." -------------------------------------------------------------------------------- <i>Here's another one ... I was looking for the...

<i>"however, one can not determine with any odds greater than 50/50 just when to to enter a trade based on looking at past chart trends. therefore, knowing the supposed trend provides the trader no edge regardless of what is said."</i> Thankfully, that's not true. It is merely a belief held...

<i>"That absence makes SCT essentially discretionary, and therefore not really a system at all."</i> Is the title of this thread, "Errors In the Hershey Futures <b>System</b>?

<i>"Nice to see your words back on ET. I was under the impression that you have abandoned this site and after not receiving a reply to my last e mail to you, I though that you either do not care or took one of those "once in a lifetime" 2 months vacation to some exotic destination where only the...