Quote from Samson77:
I give up ... LOL
ET is never happy and you can never win in this place even after the guy makes a 250 point call.
I will say it again Hank good call ....but I don't know why you even bother.
Good trading to everyone !
And good sleight-of-hand looks just like real magic if you are polite enough to ignore or overlook the details. The biggest illusions can often be achieved with the smallest details. Let us consider it, shall we?
Quote from kowboy:
Thunderdog, let us give credit where credit is due. Did Surfer make a 250 point call or did he not?
Well, let us consider it.
I confess that I have not followed hanksurfer's calls in their entirety, therefore, I am dealing with incomplete information. Perhaps you can help me fill in some of the gaps.
Does hanksurfer advise what his trades will be, and at what price,
before he enters them? If so, then my hat is off to him, even though it is hardly the smartest thing to do when looking out for one's own interest. However, such market calls are undeniably honest and beyond reproach.
On the other hand, does he advise of his position "shortly" after he has already entered the trade and the position characteristically already shows a "small" profit? If that is the case, then that is as close to making "risk-free" market calls as you can get. If he is already in a "modest" profit by the time he posts his "trade" here on ET, then if price reverts to or beyond his alleged entry point, he can easily exit at "break-even" due to "system parameters." In this way, a poster can give the appearance of making either break-even trades or winning trades. The amount of the profit depends on luck. The "success" of the trade does not. There are never any losing trades except occasional ones to ensure overall credibility so that you don't look too closely.
So, I ask you, how does hanksurfer time his market entry calls in relation to the market price at the time of his calls/posts? Perhaps someone can do a historical search here on ET and then check historical prices at the moment of his posting to see if there are any notable patterns worth reporting. As always, I will eat my hat if I am proven wrong. It won't be the first time and, besides, straw hats have lots of fiber.
However, if hanksurfer's trades are characteristically already in "modest" profit by the time he posts them, coupled with his very specific albeit pliant stops and all of his other attention-generating activities...well, you know what I think.
