ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Yes, I agree. I also have nothing personal against Volente. This thread is also a good thread so long as the posts are done with entry, exit and stops like the thread starter wants and does. I don't think that's too much to ask. Otherwise, why pound your chest and pretend that you can nail every swing.
i've been on here for a few months and there are several valuable insights that collectively assist a trader in his decisions in trading,maybe 5% of those viewing actually post on a regular basis,maybe 5% of those post live trades,i still value the insight of those posting without showing their trades,and aside from the occasional rift,this journal has been remarkably void of rude and unuseful comments,so in the future let's respect the privacy of all who post here and use it as a tool to profit in our daily search of trying to understand the market,if most of us watch and don't post, let's not insist on those who do post to show us their trades too,thanks to b1s2 for starting this journal and showing us his position,but unless it's mandatory to post your trades,let's not insist that a few do,and if we do post our trades,let's not be criticised by those who don't
How many stops were hit when stops were 3 points or less during the first 30 days when the win rate was 80% as the account ran 80% and was the top gainer in futures on the website for 3 weeks straight ? Now find the peak, and review what changed that led to the decent and what the % win rate dropped to from there. 6 trades make up over 100k of the losses. Considering the 80k run up was done using a max risk of 6k per trade on a 40 lot, is it really rocket science that trading with no stops on a 40 lot that alone made up a 50k loss from one single trade. This is why I stress using a small stop of 3 points or less as the graph shows what happens when one uses no stop at all. Now maybe b1s2 can trade 40 lots with 30 point stops, but I sure don't condone it. In reality paper trades, and even the nonsense posted in here mean nothing in the real world. If you would like to join joeyata in the wager you are more than welcome to.
MY STOP IS ALWAYS 3 POINTS AS I HAVE STATED NUMEROUS TIMES. ARE YOU REALLY CLUELESS OR JUST TO LAZY TO READ THE JOURNAL ?
Please do. Maybe you can teach us something that actually works.
Quote from limit:
It appears there is a discussion concerning some very important elements of the trading process that create validation for ANY system or method.....entries, stops and exits.
In the end what only matters is what your monthly statement says. As far as I am concerned every trade posted here is a paper trade and has no benefit to others. This thread has went to crap because the envious pricks have acted like a pack of wolves and have ran the good traders off ruining any chance to learn from those who are truly successful. Look around ? Were are the good ones at now ? And you wonder why they left. Congrats on a job well done.
So start posting your trades instead of attacking those who actually do.
QFT
First of all, there's no need to pollute this thread with name calling, it's usually a sign of insecurity and further shrinks your credibility. Second of all, I have not attacked anyone as there's no need for that, and respect very much the basis of this journal. However, I do have issues with vague postings that are not presented in the correct format that every one follows and I'm merely asking you to do the same. I do post my trades and they're clear, short, and to the point. Also, I'm an options trader first and foremost, if you're interested in options, you can easily look me up on C2 anytime you choose, but there's no reason for me to spam this thread. Nobody likes it.
S&P trading is just a side-hobby for me, and like everyone else that comes here, I'm here to learn and eventually grow. Therefore, I'm constantly looking for honesty and talent in trading the spoos.
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