ES Journal - 2012

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Quote from Spectre2007:

One of the drawbacks of posting, you end up getting repeated hack attempts. Lot of people will try to hack you to figure out your system.
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What??? This scares me. Is it through ET?

Quote from gmst:

With experience, I have grown extremely skeptical of most people's ability on ET to make consistent money. I have also realized that a lot of guys on ET are very young (college students) who really have no bankroll at all. Also there are a lot of paper traders here. When I started using ET, I used to think a lot of people here are very successful and are profitable traders, but with experience I learnt otherwise. I also see that there are a lot of vendors and sharks out here on ET trying to profit from fresh meat.

You will see me frequently asking other posters if they are making money or not. My intention is not to insult anyone in particular, but people should be willing to say if they are making money or not. Helps in separating chaff from the wheat.
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Agreed. For disclosure, I am not profitable this year.:(
 
Quote from gmst:

With experience, I have grown extremely skeptical of most people's ability on ET to make consistent money. I have also realized that a lot of guys on ET are very young (college students) who really have no bankroll at all. Also there are a lot of paper traders here. When I started using ET, I used to think a lot of people here are very successful and are profitable traders, but with experience I learnt otherwise. I also see that there are a lot of vendors and sharks out here on ET trying to profit from fresh meat.

You will see me frequently asking other posters if they are making money or not. My intention is not to insult anyone in particular, but people should be willing to say if they are making money or not. Helps in separating chaff from the wheat.
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Yes me too. Though I am not young.

At first I assumed everyone on forums was profitable.

"How lucky am I to find this great community where we can all get rich together!"

I remember one guy trying to teach me a system he learned from Barry Burns. Kept saying it worked.

I picked it apart and kept coming back with questions and he never could answer them.

He eventually made a half-hearted admission on a forum thread that he was not making money, and disappeared soon after.

You never know what you're getting on the internet.

A guy posts a handsome pic on a dating site and says he makes 200k a year and works out at the gym everyday.

The girl gets pretty surprised when he turns up fat and broke.

:cool:
 
Quote from gmst:

out half position at 1410.25. Keeping the other half with stop around 1398

EDIT: Nothing new and muted market impact.

Reinstated the long position. Re-entered at 1409.
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Stopped half yesterday at 1404 for a 5 point loss. Booked profit on other half at 1414 today. So, kind of breakeven on this trade.
 
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