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Buy them dips.

ET - where nobody believes it’s possible to make money in the markets. :)

I think it was more than a few years as he's been trading for over a decade. He did say he blew his initial small accounts starting out. I don't think the Bitcoin analogy is applicable as that's essentially just a single lottery ticket. Quallamaggie was trading frequently, so I don't think...

Okay. So you made $30-100 million year after year within an institutional framework/firm, colleagues and unlimited funding. That's not even comparing apples and oranges. Honestly, I think it's more impressive with a retail trader who builds a small fortune completely on his own starting out...

Since you have to ask, keep it at the smallest possible size. Even better: forget about it and don’t trade. :)

You making $30-100 million year after year.

They still did it, though. Plenty of people who did not capitalize on it. You had my curiosity...but now you have my attention. Care to elaborate a bit on that without revealing any secrets?

I remember Quallamaggie said in an interview that where other traders may scale down as their account grows he would simply keep increasing size while maintaining the same % risk, i.e., compounding profits. Also, I'm sure he traded way more aggressively than 1 % per trade in his early days and...

This week so far is an Up Week and it's a Friday with options expiration. Up weeks tend to print the High of the week on Thursday or Friday. Not always of course, just most often. The next open gap above is at 4555, so targeting that if we find a bid on the Open. Approximately 0.7 % from...

No, not a big deal either way, but it does show that it's easier to annotate yesterday's chart than trading tomorrow's chart. That's why I don't care much for a marked up chart of yesterday with idealized entries. On to your example: If the 12th trade makes up for it - the prior losses...

Who are those? The live demonstration in this thread gave 3 losses in a row.

Darc is the new resident troll on ET. Or just dumb as hell. Or both. :)

My guess is he's neither as far as trading is concerned, but he's possibly a genius salesman.

Two shorts on the Open anticipating a pullback after this major run. Switched long when I realized I was on the wrong side of the market and that the market is in 'insane mode'. Nothing fancy. Just going with the flow. I'm done here, but this can easily continue higher. 4550 is within the...

In case there was any confusion, I meant non-event to the downside, but I did say BTFD mode for now and 4470 first, so I guess I was clear enough. :)

From my POV, it looks like we'll see at least 4450/70 ES on this up leg before any reversals lower. The cat's out of the bag, so I'm expecting this CPI print to be a non-event like the prior releases lately. If it comes out surprisingly high, well, that could trigger a sell. BTFD mode for now. :)

I think you missed the gist of my post which was first and foremost a critique against all the pretenders on this board who are endorsing methods that they themselves are not successful using. By all means, I welcome all discussions on Al Brooks, Jack Hershey or who have you, but just don't...

How rude of you, tiddly wanks. You should go wash your mouth. LOL. On a serious note, it's not the first time you jump into a thread all emotional and missing what the discussion is all about. I never expressed distaste towards anyone who claims to be using a method or said anything to that...

The following is rhetorical and not directed personally to you or anyone else, but anyone who claims to be using a method with good effect should be willing to put their money where their mouth is. It's known for a fact that there are plenty of unprofitable traders on ET who wants to teach and...

It did seem that way, though, as you were inviting me to open a journal in order to prove you wrong. I didn't even say anything about win rate or other systems. Just my view on yours as you shared a comment from Pax which I tend to agree on and had earlier said the same thing. I've considered a...