ES Journal - 2017/2018

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The Christmas Pickle

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FriskyCat said:
He (and the mod.) rely on most readers to ignore the math of these trade "calls". B1S2 claims the short term stuff is 10x lev. or 5x larger than the buy and hope boat anchor trades. The dude goes full tilt on the big one way directional down days. Right there, at 5x the size of the buy and hope trades, he is going into blowout territory.

Last week I counted a -98 pt day (the 60pt intra-day stop loss day). That didn't include all of the leveraging to boot.

In summary, it's a complete joke. You know it and I know it and presumably most of the others put the guy on ignore months ago.
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I honestly believe it's a Trump thing. They're so inured in their own BS that they simply cannot accept that they don't understand markets. He admits to using MACD and buys the first reversal bar on the five minute and gets whipsawed and refuses to cover At least casino gaming is binary.

No chance this dude actually has a penny in the markets in terms of trading. Probably has a Fido 401k, but no way that he's actually trading futures. Same with Polenta and LF.

Cognitive dissonance.
 
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