ES Journal - 2012

[bigsnack]

Long 5.50's

 

[bigsnack]

Quote from bigsnack:

Long 5.50's

Out at +1

EDIT: Gonna get some lunch. Not much happening up here anyway.

 

[Jestersofmalice]

Quote from gmst:

bigsnack check this out

After you mentioned, I looked at the website of no bs day trading and read through it --- looks good. I decided to read what people are saying about it and so I googled following:

Google Following --> "no bs day trading review"

The first link has got the author of the ebook promoting his method. Another trader on the site called grey1 has written a very good critic of why 'no bs day trading' won't work in this algorithmic world. Especially, read page 5 of the thread. Informative.

Edit: first link on googling will take you to trade2windotcom site.

Grey1 is an awesome trader who I had the privilege of watching trade live and making lots of money day after day.

The no bs daytrading thing does seem a lot less 'scammy' than lots of the stuff out there in fairness, but I could never really get my head around all of the tapereading/orderflow concepts, personally.

 

[tortoise]

at last, it's time to fade the NFP report.

 

[ammo]

cant explain it but there is also a fall after prez day phenom

 

[gmst]

Quote from Jestersofmalice:

Grey1 is an awesome trader who I had the privilege of watching trade live and making lots of money day after day.

The no bs daytrading thing does seem a lot less 'scammy' than lots of the stuff out there in fairness, but I could never really get my head around all of the tapereading/orderflow concepts, personally.

Yes, I read through the no bs day trading website and it did pass the smell test for sure.

Does Grey1 still does his free seminars, in which he trades live in front of a group ?

He is primarily an equities trader....correct ? Wonder why he doesn't trade through an equities prop firm rather than retail.

 

[Jestersofmalice]

ps - took my first short trade in a very long time today, but had to be away from the screen. It missed my 'take profit' by 3 ticks (which would have given me 4.5 points) and by the time I got back to the screen it was back at BE (where I closed it). Annoying!
Feeling fairly bullish again now, but we'll see what happens I guess.

 

[noone3]

Quote from noone3:

Good morning all!
Looking for a breakout here. Long 1346.25

left this open all day, out flat now

 

[Jestersofmalice]

Quote from gmst:

Yes, I read through the no bs day trading website and it did pass the smell test for sure.

Does Grey1 still does his free seminars, in which he trades live in front of a group ?

He is primarily an equities trader....correct ? Wonder why he doesn't trade through an equities prop firm rather than retail.

Don't think he does them free seminars anymore. He seemed to only get abuse despite trying to help people completely free of charge, plus going over the same concepts and re-explaining things either because people weren't listening/taking notes, or because new people came into the room everyday.


Not many people in the UK trade through prop. Not sure there'd be much of an advantage in it for him?? He's a very clever guy. I'm guesing he has his reasons...

 

[gmst]

Quote from Jestersofmalice:

Don't think he does them free seminars anymore. He seemed to only get abuse despite trying to help people completely free of charge, plus going over the same concepts and re-explaining things either because people weren't listening/taking notes, or because new people came into the room everyday.


Not many people in the UK trade through prop. Not sure there'd be much of an advantage in it for him?? He's a very clever guy. I'm guesing he has his reasons...

Thanks for info.. last para made me chuckle -- he being a very clever guy and so must have his reasons