(anti)-HolyGrail Day Trading Method (It applies for today's price action)

[commiebat]

Quote from HolyGrail:

Why would you assume that if someone doesn't agree with your setup that they will trade the opposite of your trade?

The only logical explanation for his losses is that the rest of us trade the opposite of his position and drive the market the wrong way.

Because otherwise he'd have made a bad call, and that's just crazy talk.

 

[riskfreetrading]

At the time of writing, NDX is MINUS 12 points. Short position is up. Return is +0.60% on non-leveraged basis.

 

[HolyGrail]

Post the trades.

 

[riskfreetrading]

As stated in Rennick Out thread, here what I wrote to everyone how I will trade it. The market has spoken. Only liars continue to play games.

Quote from riskfreetrading:

He is not gone. He is here. He played with it when she was flat for hours. Sell strength, cover, leave some for more. Repeat until stopped.

I shorted it towards the close when NDX was around 2032.
And guess what, I plan to short it more tomorrow depending on how it behaves. If it gaps up at open, I plan to short it at first sign of weakness. If it goes down, my current shorts make money. If it opens where it closed today, I will watch it and decide.

But I am not going away, and I am not long and will not be long tomorrow. If I trade it is NOT on the long side. That is for sure.

Tell us your posture? (but do not lie like earlier today when you posted NDX went above 2024 when it did not, and also when you stated that NDX never went down below 2018 when it did multiple times before your statement).

 

[HolyGrail]

POST THE ACTUAL TRADES.

 

[MandelbrotSet]

Quote from riskfreetrading:

At the time of writing, NDX is MINUS 12 points. Short position is up. Return is +0.60% on non-leveraged basis.

Maybe in your fantasy account, but not according to the level that you said you were shorting at (see chart).

Please continue to troll the boards at your leisure ... I'm sure there are plenty of traders who would love to smack you around.

 

[riskfreetrading]

Quote from riskfreetrading:

At the time of writing, NDX is MINUS 12 points. Short position is up. Return is +0.60% on non-leveraged basis.

After posting the above, I checked NDX. It is now at 2016ish. Therefore the above is up 16 points (up 0.78%)

The market rewards the minority. Most of the people say it, only few practice it. God bless ....

 

[HolyGrail]

Quote from riskfreetrading:

After posting the above, I checked NDX. It is now at 2016ish. Therefore the above is up 16 points.

The market rewards the minority. Most of the people say it, only few practice it. God bless ....

Most people would check their pnl, but I guess when you make calls that you don't trade you have to look at the chart to see what you would have made if you actually traded.

 

[MandelbrotSet]

Quote from HolyGrail:

Most people would check their pnl, but I guess when you make calls that you don't trade you have to look at the chart to see what you would have made if you actually traded.

LOL, his trade is currently in the green and will probably make good on the day ... but you do raise an interesting point.

LOL some more.

 

[riskfreetrading]

Folks, below is how i told everyone YESTERDAY how I will play it.
Read my notes, and read the tick. What I write is the real deal.

Link is below.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=99143&perpage=6&pagenumber=233

Quote from riskfreetrading:

He is not gone. He is here. He played with it when she was flat for hours. Sell strength, cover, leave some for more. Repeat until stopped.

I shorted it towards the close when NDX was around 2032.
And guess what, I plan to short it more tomorrow depending on how it behaves. If it gaps up at open, I plan to short it at first sign of weakness. If it goes down, my current shorts make money. If it opens where it closed today, I will watch it and decide.

But I am not going away, and I am not long and will not be long tomorrow. If I trade it is NOT on the long side. That is for sure.

Tell us your posture? (but do not lie like earlier today when you posted NDX went above 2024 when it did not, and also when you stated that NDX never went down below 2018 when it did multiple times before your statement).

If some traded exactly the way I wrote in my above post of yesterday:

1. NDX gapped up at open (which should be shorted) at 2035.
2. A short position is entered into at 2032 (last evening).
2. As I write this, NDX is 2013. The positions should be up 19 and 22 points respectively.

God bless riskfreetrading, his good readers, and increase the number of paparazzies funding/following them.