EGO CHALLENGE (26 Sept 2003)

T-REX · Sep 26, 2003

Quote from Kermit:

Thank you for showing, AMT4SWA, that was impressive indeed.

Kermit

YOU KICKED ASSSSSSS!!!!!!

It is now official. AMT4SWA is king of daytraders today.

LADIES & GENTLEMAN we have a WINNER!!!!!!!!

Monday's a new day folks.

AMT4SWA you are welcome back anytime DUDE.
Nobody will be able to talk sh*t about you DUDE.
YOU ROCKED!!!!

I dont think that I have met anyone like you DUDE.
My style of trading is more "SwingTrading with a DayTrade model that runs simultaneous with the primary model". However, I dont always have a signal to trade. My entry points are predetermined after the close.

GREAT JOB DUDE.

bulat · Sep 26, 2003

Quote from acrary:

I developed 8 separate systems. Each trys to anticipate a form of non-random behavior. I watch the market and try to front run them to improve the performance. They don't have automated entries/exits. Most use daily data so I can form a opinion about the type of trading day it's likely to be before the open. Each system only takes a max. of 1 trade per-day, so they aren't going to help much in this competition.

How can you have as many intraday trades as you posted today based on daily bar data systems?

OldTrader · Sep 26, 2003

Quote from AMT4SWA:

I did + 48 points today per 5 ES contracts ($250.00 X 48 points).

Trades went as follows for 5 ES;

Trade #1 + 9.5 pts (1 entry with 3 "adds")

Trade #2 + 10.25 pts (1 entry with 5 "adds")

Trade #3 + 2.0 pts (1 entry)

Trade #4 + 0.75 pts (1 entry)

Trade #5 + 5.0 pts (1 entry with 1 "adds")

Trade #6 + 6.75 pts (1 entry with 3 "adds")

Trade #7 + 10.50 pts (1 entry with 8 "adds")

Trade #8 + 0.50 pts (1 entry)

Trade #9 + 1.0 pts (1 entry)

Trade #10 + 1.75 pts (1 entry)

Trade #11 + 0.0 pts (1 entry)

I have never done more than +35.5 pts per 5 ES contracts before. This is my new record (no "losers" today helped out). I trade highly discretionary and I usually have very good days. Today was fun, but posting trades with this format does not work well IMO. Monday I will go back to my great home to trade (#FuturesTrades on the MIRC....contact NihabaAshi for details).

Good Fortunes All!

Chris

That was quite a performance! My compliments.

As a matter of interest, in a general sort of way so you don't give the store away, what do you base your trades on? Are you watching one minute charts? Do you use indicators if you do? Or are you tape reading in some fashion?

Just interested in what enables a guy to make 6X the daily range. Fantastic!

OldTrader

OldTrader · Sep 26, 2003

Quote from acrary:

I'm packing it in for the day. I was slow on my last exit and I missed another short trade. I'm getting tired and have no hope of catching AMT. Tape reading all day is a young man's game. Congrats AMT4SWA!!!

I posted about 8.5 pts. per-contract on a day my trading stuff said to sleep in. Hopefully I won't embarass myself so much in coming days.

Here's my trades for the day.

Just wanted to compliment you on your performance. You had a VERY good day. LOL....amazing how we can lose sight of just how good it was after looking at AMT4SWA's day.

OldTrader

EMini-Player · Sep 26, 2003

Quote from OldTrader:

Just wanted to compliment you on your performance. You had a VERY good day. LOL....amazing how we can lose sight of just how good it was after looking at AMT4SWA's day.

OldTrader

After reading all the posts on ET about how 1 ES pt per day is good, I actually started thinking my 3 ES pts would be decent in this journal, LOL

And then our friend AMT shows us how it's really done

-FastTrader

Ditch · Sep 26, 2003

Quote from OldTrader:

That was quite a performance! My compliments.

As a matter of interest, in a general sort of way so you don't give the store away, what do you base your trades on? Are you watching one minute charts? Do you use indicators if you do? Or are you tape reading in some fashion?

Just interested in what enables a guy to make 6X the daily range. Fantastic!

OldTrader

C'mon, you can't make a profit trading 1 min charts, that has been argued a thousand times on this board.

LMAO.

Mvic · Sep 26, 2003

I haven't been much of a day trader for a while, more of a longer term swing trader (currently Long 20 YG @368 & Short 50 NQ @1387 posted on ET weeks and days ago respectively) but count me in for Monday just for kicks.

Very impressive performance by the two A's.

OldTrader · Sep 26, 2003

Quote from Ditch:

C'mon, you can't make a profit trading 1 min charts, that has been argued a thousand times on this board. LMAO.

Did either AMT or Acary say they traded a one minute chart? If they did, I must have missed it. But maybe in fact they do, in which case they will have proved that particular contention wrong.

OldTrader

Ditch · Sep 26, 2003

Quote from OldTrader:

Did either AMT or Acary say they traded a one minute chart? If they did, I must have missed it. But maybe in fact they do, in which case they will have proved that particular contention wrong.

OldTrader

Your question implied that you presumed it was possible AMT traded the 1 min. If i recall correct, you were always a strong advocate of longer timeframes. However, truly funny, that you, as the proclaimed seasoned trader, is first in line.

easyrider · Sep 26, 2003

The 1 min tf RULES!!! At least on the ES