ES "1" point System

saxon22 · Apr 23, 2007

Quote from Allaces:

If anybody bothers to go back through Saxon22's posts they will find that he is not a trader yet, so I hardly think we can look to him for advice

True, true, true, but I am getting there. I made $422 on Friday and 269 on Monday trading real account. Was by any chance any of it yours?????? Or are those numbers a little bit out of your league??????

saxon22 · Apr 23, 2007

Quote from Allaces:

Lets pick him off the vine, crush him beneath our bare feet and drink his blood

You worry me sometimes. Need to lay off the play station for a little bit mate!

Pekelo · Apr 23, 2007

Since we haven't talked compensation....

Quote from JSSPMK:

1 trade per day, 1 net point per day,

Here is a counteroffer, because your offer had no upside and you wanted a 100% profitable system.

I guarantee you 5 ES net gain a week after commissions. Don't worry about how many trades it takes, you will get the 5 ES net per week.

Any week I make something but less than 5 ES, I don't get anything. At the first losing week the deal is off and I get ethernal shame.

Oh yes, compensation is 50% of net profits and Vinnie can take a walk in the Zoo!

So you get your 1 ES per day, just not with the impossible 100% winning ratio. Do you have the money? My version is doable...

For example today after commission I made 4 points, so for the rest of the week I only have to make 1 ES to reach the weekly goal.

jd7419 · Apr 23, 2007

Thats a huge profit. Most double down spy black boxes are only looking for 2 to 3 cents which is about 1/4 es point. LOL. The quest for smaller and smaller returns will end when world liquidity becomes tight but who knows when that will happen. Imo the endgame has already started amongst funds looking for small returns. These returns are finite. We must remember this.

saxon22 · Apr 23, 2007

Quote from jd7419:

Thats a huge profit. Most double down spy black boxes are only looking for 2 to 3 cents which is about 1/4 es point. LOL. The quest for smaller and smaller returns will end when world liquidity becomes tight but who knows when that will happen. Imo the endgame has already started amongst funds looking for small returns. These returns are finite. We must remember this.

That "1/4 ES can it be done" thread has become almost legendary and will probably follow me or a while!

tradecrumbs · Apr 23, 2007

Quote from Spectra:

Have one here :http://www.puretick.com/BB2/fs/tradesetupses10033crzy

I didn't see one there. I only see an advertisement that is trying to talk people into a 300.00 a month membership. Where is the system?

tradecrumbs · Apr 23, 2007

Quote from increasenow:

Does anyone know a system that cranks out "1" mini S&P ES point per day...just one point...

Learn to read the MACD with histogram. Then take a few of these indicators you like and combine them.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators

Allaces · Apr 23, 2007

Quote from saxon22:

True, true, true, but I am getting there. I made $422 on Friday and 269 on Monday trading real account. Was by any chance any of it yours?????? Or are those numbers a little bit out of your league??????

Wow! did you buy yourself a clue with all that money?

bsparkyman · Apr 23, 2007

Quote from saxon22:

That "1/4 ES can it be done" thread has become almost legendary and will probably follow me or a while!

If you open up a can of worms be ready to eat it. From the p/l thread you are doing more than your share of ingestion. Congrats....

ElectricSavant · Apr 23, 2007

I am losing a lot of money over here:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=90233

Quote from asap:

would you be able to devise a system that loses one point in the ES each and every day?

it is almost as difficult as making one point in the ES, however conventional wisdom would prompt to say "that's piece of cake".

making (or losing) one point in the ES per day is psychological job funded with deep pockets.