ATTENTION long term long traders...Time to sell!

Quote from NYOBScalper:

I remember littleduckling's old posts and found many of them to be inspirational. His honesty and humility and openness to sharing that was breaktaking, to say the least.

Lilduckling, please continue to post your calls. Anyone giving you shit is just envious. I found the thread I just linked to inspirational as a trader and greatly appreciate what youre doing for the trading community.

Agree:)
 
Still pissed that you got called out on that trade ? Did all those drugs you take make you forget what a terrible trade it was ? Can't handle the fact that you were still WRONG ?


You called a bottom in sept 2006 at 63.73, oil then went up around 50 cents and then did not trade above that price until march 2007. From your short term bottom at 63.73. oil then fell to 50.



http://futures.tradingcharts.com/chart/CO/W



What was chickenshit about the whole trade is you posted days after the fact that you exited. If some people were following you on the trade they were left hanging. Had you been right and oil skied we would have never heard the end of it. What was even more pathetic is the only reason you were posting trades was to try and get a following and get people under you at echo so you could leach off of their order flow via higher commissions. Now why would a bsd trader need to milk commissions from others if he was killing it in the market with his own trading ? Were you going to leave your subscribers under you hanging on trades too ?


Quote from Rearden Metal:

Ok, I have an idea... sort of.

Back at Schonfeld, I've watched incredible, cash-cow trading strategies become <b>completely worthless</b>, because they were taught to too many traders. Therefore I'm <b>extremely guarded</b> about sharing even the slightest details about what I do. As it is, I already get in <b>my own</b> way all the time, due to the size I'm moving. The easiest way to abruptly end a conversation with me, is to ask <b>anything</b> about my methods.

...but the predictions I made in this thread- I come up with that stuff all the time. On Sunday night, I PMed a few select friends with the following message:
___________
(Sunday, July 23)
"I think you'll find this useful: We're going to rally strongly this week. SPY is now at 124. It'll be up above 127 (at least)before the week is over. Get long, not short.

The current (incorrectly) bearish sentiment is now stewed to perfection. Please don't tell anyone the rally prediction came from me- I wouldn't want to influence the current sentiment levels."
___________

Now, I'm really not eager to become some kind of 'vendor' or 'guru'. (Yuck! Even the words make me cringe.)
But theoretically, I could do the following:
Traders who do at least 150-200K shares/day (or at least, expect to soon get up to that size) could open an account with EchoTrade through me at very competitive rates (Probably the same or lower than what you're paying now elsewhere.) I'd be getting a small piece of your commissions. In return, I could have my clerk email or message you (MSN messenger, probably) with some of my more promising calls. There wouldn't be that many of them- maybe 20-40 per year. (It could be more or less though. I really have no idea at this point) I wouldn't want to accept too many traders under this arrangement. Guys who do very significant size... I might throw in a few 'fishing poles' with their fish. I couldn't just offer this for a flat subscription fee- the amount I'd have to charge for this to be worthwhile- is just ridiculously high.

I probably sound way out of line, but some of you have seen my posts to the P/L thread, and have a better idea of my skill level.
I'm not committing myself to this idea right now- it could be way more hassle than it's worth, and I already pull in my 7-figures without whoring out my talent to other traders. If I get significant feedback that my idea is sleazy and would truly make me look bad, I'll probably drop the whole thing immediately.

Also, I know you're not supposed to make commercial offers on E.T. without paying the house. TL, if this post counts as such, just PM me with the bill and an address to send my payment.
 
Quote from volente_00:



Waaaaaa.... I'm a slimy little piker (and semi-professional troll) who's so jealous of successful traders, that I make up idiotic lies in a futile effort to tarnish their reputations. Waaaaa...

http://futures.tradingcharts.com/chart/CO/W

Looks like a certain smegma guzzler is begging for another round of public humiliation. OK, cool! :cool:
Alright Bozo, you know what to do: Bend over & grab your ankles so we can begin...

Over the years I've met quite a few bullshitters who actually believe their own lies, at least to some extent. Bozente however, was never one of them:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1206795&highlight=bet+shit#post1206795

Quote from Rearden Metal:
09-20-06

Ok, so you enjoy anonymously posting moronic false accusations on the internet. We get it. You've become frustrated with your inability to piss me off. Poor bozente can't even <b>troll</b> successfully. We get it.
Ok, so you've made an ass of yourself. Even YOU don't believe the things you say. Now what?
Do you want people to think you're credible?
In that case, you need to post any and all allegations against me in bet form.

For example, you post this: RM claims to have bought oil on Tues. afternoon, and he claims to have sold the entire position Wednesday morning. I am disputing this, and I bet $10,000 RM is lying.
Should RM accept my wager, both parties will deposit $10,000 with Baron, who will act as escrow and mediator in exchange for 10% of the pot. (I have no problem going much higher than $10K... but I'm sure bozo does.)

This matter can be easily proven either way, so RM's claims will be investigated by Baron. The mediator will then decide which party has won the bet, and distribute the funds to the winner.
______

If you have any other allegations against me, feel free to propose wagers accordingly. Bet on my trading income, my net worth, my honesty- anything you can think of, just do it.

Want people to think you're more than just a cowardly lying troll? Put your money where your mouth is, or shut the fuck up.

I know that making a complete ass of yourself is the only way you can hope to get one of the world's most talented traders to pay any attention to you, but after this post I won't have much to say to you. Our dialogue will just follow this simple script until you get tired of it:

1) You make a baseless allegation
2) I tell you to back it up with cash.
3) You evade making the wager, choosing to whine like a bitch instead. Everyone sees you're full of shit.
4) Go to 1

End of story.

Still waiting to hear how much you want to wager there, Bozo.

:D
 
Wow, the venom is flying now ? Did I strike a nerve because you got exposed on your commission scam ? Maybe you need to have rob come back and post again in your defense. That was the funniest thing ever. Is your self esteem really that low that you have to have people come post about you on an anonymous message board ? I'm done arguing with you. You will always remain an overleveraged washed up dot com trader with a fragile ego. Now run along and go recruit some pikers that will let you jack up their commissions so you can skim off of them . Why would a 7 figure trader need to do that ?

The things that make you go hmmm.
 
Quote from volente_00:

Still pissed that you got called out on that trade ? Did all those drugs you take make you forget what a terrible trade it was ? Can't handle the fact that you were still WRONG ?


You called a bottom in sept 2006 at 63.73, oil then went up around 50 cents and then did not trade above that price until march 2007. From your short term bottom at 63.73. oil then fell to 50.

http://futures.tradingcharts.com/chart/CO/W

What was chickenshit about the whole trade is you posted days after the fact that you exited. If some people were following you on the trade they were left hanging. Had you been right and oil skied we would have never heard the end of it. What was even more pathetic is the only reason you were posting trades was to try and get a following and get people under you at echo so you could leach off of their order flow via higher commissions. Now why would a bsd trader need to milk commissions from others if he was killing it in the market with his own trading ? Were you going to leave your subscribers under you hanging on trades too ?

Bozo knows all of this already, but for those who didn't catch the full edition:

<i>"You called a bottom in sept 2006 at 63.73, oil then went up around 50 cents and then did not trade above that price until march 2007. From your short term bottom at 63.73. oil then fell to 50. "</i>

--->Oil went up over a buck ( = 1.5%) the next morning (where I got out, just like I said I would when I made the call), and stayed up all day.

It didn't turn out to be a true short-term bottom at all, which I readily admitted:

RM Posted 9-14-06: "I admit... I thought Tuesday afternoon's oil prices would mark the low of the week. I was wrong about that, but I didn't bet against it. Get the difference? I gave a great entry to get long oil- you had HOURS to get out at a nice profit on Wednesday."

<i>"What was chickenshit about the whole trade is you posted days after the fact that you exited. "</i>

--->As anyone can see from my previous market calls, I was NEVER in the habit of mentioning exit times & prices.

<i>"Had you been right and oil skied we would have never heard the end of it."</i>

----> <b>"Now, I am supposed to be many things which are not complimentary. I am supposed to be capricious. I have been called a playboy. I’ve even been called an eccentric, but I do not believe I have the reputation of being a liar."</b>

~Leonardo DiCaprio as Howard Hughes, The Aviator

Dishonesty is the <i><b>one</i></b> character flaw I <b>don't</b> have! Care to bet otherwise? My money's already on the table. Where's yours?

"<i> What was even more pathetic is the only reason you were posting trades was to try and get a following and get people under you at echo so you could leach off of their order flow via higher commissions. Now why would a bsd trader need to milk commissions from others if he was killing it in the market with his own trading ?"</i>

----> You already know my true motivation for posting all those fantastic market calls on ET (at least until you callously slaughtered ET's golden goose). It's the exact same reason why the more of my writings you've viewed, the more you grew to dislike me: I'm an egotistical narcissist. That's what motivated me to show off, and that's what motivated <i>you</i> to try and work your trolling magic against me.
 
A dollar you say ? Is that chart wrong that I posted ? You know from before my only argument about that oil trade was how you were chickenshit and posted 2 days later after the fact that you got out. How would your pikers trading under you have felt when you left them hanging on a losing trade as you pocketed their jacked up commissions ?



Reminds me of the time you tried to discredit another honest poster about his es trade before you got called out and put in your place by a real trader. And once again you were WRONG. It seems you have a history of making up lies and attacking others ? Maybe the troll is in the mirror.



Quote from Rearden Metal:

Apparently you didn't understand what Steelhead meant. 1482.00 was the exact top tick last night, and ES had only traded at that price once, two hours before you got your 'fill' there.

"maybe you want to take a closer look at 60 min es" was a polite way of saying; "Bullshit. If you're faking trades here, at least put your 'fills' inside the range to make them believable."

You know what would be really cool, TradeStar? Bullshitters ALWAYS defend their original lie with more lies after they're caught. How about if you do something <b>truly original</b>, and simply admit to lying about getting filled short at 1482.00? Every trader in here already knows it anyways.
Come on, be different- Do something I've never seen done before!



Quote from volente_00:

Check your time and sales.
We hit 82.25
 
Since we're touting our own calls, I'd like to point out mine:

Quote from tradestrong:

For all intents and purposes, I believe we've been in a bear market since July. Yes we popped up to barely new highs after the crash in July, but in all truthfulness, IMO, we are in a bear market.

The question is how long does it last? At least for now, my own personal feeling is that we don't really have any vision of the end of it in sight at least at this point.

So, is the first phase of the bear market over and are we going into phase II. Technology has been doing well so far in this current market and for the most part has been trending up:

rom


Is it time to start shorting technology? I myself have begun adding positions to the short ETF: REW
rew



So, if we are going into phase II, does this also mean that the Financials and Real Estate are good places to start playing "contrarian" plays.

From my own research, one thing I've noticed is that the financials tend to rally for about 6 months before the next bull market starts.

Having said that, I think it's still early to be buying financials, but I don't want to miss the boat and the upside is large enough where I can justify starting to add long-haul financials.

For my long-term plays, I've begun adding both URE and UYG. I actually think UYG will probably fall from the current price of 40 potentially down into the high 20's before the bull rally starts. But like I said, these are long-term plays, so I'm not afraid to buy at these levels:

uyg
http://www.elitetrader.com/vb/showthread.php?s=&threadid=112834

You'll notice that I pretty much had that spot on. :p The technology short I recommended went up almost 30% in a matter of a couple of days after I made that call as can be seen. UYG went down to the "high 20's" which is exactly what I predicted it would do (it's a great buy now I believe).

Somebody give me a cookie...:D
 
Bozo: "A dollar you say ? Is that chart wrong that I posted ?"

Ok, there's this <i>thing</i> that most people have. I'm not sure if you've heard of it... The way it works is, it keeps a guy from making a complete ass of himself in public. Here: Add this word to your vocabulary- The thing I'm describing is called 'PRIDE'.

http://www.mfglobalfutures.com/reso...2=&argj=&argk=&argl=&code=xman&org=com&crea=Y

Scroll over the chart to clearly see that spot month crude closed at $63.76 on 9/12/06, and hit a high of $64.75 the next day. Is that fifty cents? Is it less than 1.5%?


Bozo: Reminds me of the time you tried to discredit another honest poster about his es trade...

I've already demonstrated what Bozente's word is worth, but in case anyone feels like wasting their time by checking that thread, my being one tick off was just an irrelevant technicality- The guy still posted a BS 'fill' at an impossible price, way outside the range of the past 2 hours. I also admitted my error the minute it was pointed out.

What's your strategy here, Bozo? You know perfectly well that the guy with his impossible 'fill' wasn't an "honest poster". Seriously, what are you trying to accomplish?
Prove to everyone that you're a complete ass? They already know it.
Piss me off? You already know you can't do it.
Go bang your head against the wall instead, ok? You'll achieve the exact same thing.
 
Man what irony, now you give a guy crap about posting an entry 2 hours late but find nothing wrong about posting an exit 2 days late?

Speaking of vocabulary- The thing I'm describing is called 'HYPOCRITE'.



That highschool education is really kicking in now. First you said oil went up over a buck the next morning.


Is 99 cents over a buck you math wizard you ?


.99 > 1.00 ?


:confused:









Quote from Rearden Metal:

--->Oil went up over a buck ( = 1.5%) the next morning (where I got out, just like I said I would when I made the call), and stayed up all day.




Quote from Rearden Metal:


Scroll over the chart to clearly see that spot month crude closed at $63.76 on 9/12/06, and hit a high of $64.75 the next day. Is that fifty cents? Is it less than 1.5%?




So it seems you have a habit of overlooking facts and then making up lies about the numbers, definitely sounds like a guy I want to trade under at the echo chop shop.

Piss you off ? LOL, I already accomplished that back in 2006 and you still resent me for calling you out on your bullshit.
Funny how you brought me up in this thread out of the blue about a thread from 2006. It's not my fault you envy the excellence you can not reach. I wish you the best of luck on your search for the cure for your illness and may GOD help you find truth and internal happiness in your life.


Asa lama lakum
 
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