ES Has Topped

Pekelo said:
I have been thinking about it. I mean managing his trades. So once I get back from vacation, I will post here real time exits when he should have either exited or even switched to long.

Then we can also decide if scaling out is inferior or not... :)

But just to make you happy, check out my TSLA Iron Condor posted under Options 3 months ago. Expiring next week, it is up 95%, but we want that extra 5%, ain't we?
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Perhaps you misunderstood.... Not interested in you posting "his real time" exits... Post "YOUR" real time trades/ methodology.. ENTRY & EXIT ... You look foolish trying to critique a portion of someones methodology .. Playing Monday morning QB in the trading game is as irrelevant as it gets.

IC trade was nice but it`s non- directional with limited upside & does not require decision making to exit in real time... collared with limited upside... so really irrelevant as to the discussion but nice job non the less.
 
lawrence-lugar said:
What's the purpose of posting live trade journals/calls...That's only for people trying to sell something.

I just want to know someone's actual % returns. The bottom line.
Your average daily/weekly/monthly/yearly % returns, o_O ...the complete, quick picture,

Looking at things from a trade by trade perspective is kind of meaningless. It's too hectic and erratic. (and maybe random)
You just need to see the average, collective sum...to loosely capture their trading frame of mind -- and degree of talent,
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Im not interested in his style or method to learn something.... trust me!
 
Spooz Top 2 said:
You look foolish trying to critique a portion of someones methodology ..
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Foolish what I do, bohemian some would even say. What is the point of a trading journal if we can't criticize it? And he knows my calls are as good as gold so it is up to him if he listens to me, not you.

By the way foolish was letting a 50 points paper profit to evaporate...Twice....
 
Pekelo said:
Foolish what I do, bohemian some would even say. What is the point of a trading journal if we can't criticize it?
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Bohemian, Perhaps... but all I hear is Radio bla bla... or is it Ga Ga...

The point of a trading journal is to observe ones methodology & respect it, as they have the stones to put it out there, regardless if you agree with it or not. B1-S2 not looking for a 50 handle move.. That`s why he didn`t take it.

I don`t necessarily agree with his trade management all of the time but I am willing to "listen"!
Methodologies are built around ones personality traits & comfort levels/patience.

Again, you look foolish critiquing one half of it or trade management when you don`t know what the objective is or understand ones complete methodology.

That said, being that your calls are "Gold"... show us from concept/ Entry... to Completion/ Exit? Seriously.

-Steve
 
Spooz Top 2 said:
The point of a trading journal is to observe ones methodology & respect it,
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One doesn't get respect automatically, he has to get down on his knees in the dirt and beg for it.

But seriously, why would we respect one just because he is open in a journal? Surf was open and he had one of the worst journals of all time, he was simply a laughing stock. I guess you can respect the entertainment value... :)

I understand what B1S2 is trying to do but it just shows that he can not recognize when a trend that was in his favour turns. Maybe that is when he should scale out...
 
Pekelo said:
One doesn't get respect automatically, he has to get down on his knees in the dirt and beg for it.

But seriously, why would we respect one just because he is open in a journal? Surf was open and he had one of the worst journals of all time, he was simply a laughing stock. I guess you can respect the entertainment value... :)

I understand what B1S2 is trying to do but it just shows that he can not recognize when a trend that was in his favour turns. Maybe that is when he should scale out...
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Agreed, Pek, Surf was a flat out liar & peddler that contradicted himself many times over... He also never traded real capital & was the greatest fade ever seen on this site... I honestly faded his trades over a dozen times & was ITM instantly with plenty of cushion.. wish I capitalized more often.

I have a feeling B1 does trade real capital but smaller size to allow for big swings that don`t faze him... for that reason, I feel he deserves our respect for putting it out there for scrutiny.
I don`t always agree, as a matter of fact, I disagree more than I agree but I appreciate anothers methodology when they are willing to share.
 
Pekelo said:
If he is holding Sept futures, today he has to book a loss if he is rolling into Dec....
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I'm not holding Sep futures. I have been out of the short for quite some time as posted here. I would say though that my original stop of 2512.00 on both "ES has topped" threads has still not been hit.
 
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