How did you determine there was a signal if there are contradictions and ...
Which one (or both) of your statements are BS? have integrity and either point out your alleged contradictions, etc. or confess that you do spit a lot of BS.
ES E-Mini Daily Trades Signals
- Thread starter MarketException
- Start date
How did you determine there was a signal if there are contradictions and ...
Which one (or both) of your statements are BS? have integrity and either point out your alleged contradictions, etc. or confess that you do spit a lot of BS.
This has been a joy to watch, and hopefully education for newbies on two fronts.
1. I hope this helps them to spot a fraud.
2. This market crap guy has been a great example of what not to do. I tried to tell him before he started that if he day traded with a negative risk/ reward ratio he would lose money, but he didn't believe me.
In day trading, it's not important how much you make, it's how much you risk that's important.
1. I hope this helps them to spot a fraud.
2. This market crap guy has been a great example of what not to do. I tried to tell him before he started that if he day traded with a negative risk/ reward ratio he would lose money, but he didn't believe me.
In day trading, it's not important how much you make, it's how much you risk that's important.
Trades for Wednesday:
Although I have heard almost all BS from this guy, part of this statement of him is right and I agree 100%(I do not agree with "it's not important how much you make" part)
But his idea of risk and reward is limited to target and stop points. The corresponding probabilities for the target and stops, are also of great concern. But this is probably way above his head to understand.
Trades for Thursday:
I stopped posting the signals for a few days because of the following reasons:
1 - I found out that the range based part of the system perform much superior and has much more trades than the breakout component. As a result, trending markets are not the best market for this system and it lowers the performance. This system does not have any optimization or filters. I am rebuilding the whole system with the goal of improving this part.
2 - When I started posting these signals, they had many days of consecutive wins. However, there are players in the market who just search for successful signals somewhere and bet large number of contracts. As a result the signals are disturbed (entry and targets do get filled because we go behind the much larger contracts). This phenomenon explains why all of a sudden we started to have fill problems. For example in the most recent signal the price reached to our target within couple of ticks and then fell.
I can take care of the reason number one. The new system is very promising and I can publish its result very soon. However, I still do not have a good solution for reason 2. It looks like it is difficult to publish signals on a regular basis. If they are good, signals hunters kill it with large contracts and move to next.
I am thinking about a solution. Any has any suggestions?
1 - I found out that the range based part of the system perform much superior and has much more trades than the breakout component. As a result, trending markets are not the best market for this system and it lowers the performance. This system does not have any optimization or filters. I am rebuilding the whole system with the goal of improving this part.
2 - When I started posting these signals, they had many days of consecutive wins. However, there are players in the market who just search for successful signals somewhere and bet large number of contracts. As a result the signals are disturbed (entry and targets do get filled because we go behind the much larger contracts). This phenomenon explains why all of a sudden we started to have fill problems. For example in the most recent signal the price reached to our target within couple of ticks and then fell.
I can take care of the reason number one. The new system is very promising and I can publish its result very soon. However, I still do not have a good solution for reason 2. It looks like it is difficult to publish signals on a regular basis. If they are good, signals hunters kill it with large contracts and move to next.
I am thinking about a solution. Any has any suggestions?