ES Journal Archive (2006 - 2008)

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Quote from apex82:

Taking profit 2 here at 1480.50

6.5 pts

BE stop holding for new highs in the vicinity of 1489-1496...

moving stop up to 1476 any move below would be bearish.
 
You must "flow" with the market like water. Lose a little and win a lot, there is no simpler way. KISS.

All you need is the price and the volume. Volume will always lead the breakouts and breakdowns.
 
Quote from wave:

You must "flow" with the market like water. Lose a little and win a lot, there is no simpler way. KISS.

All you need is the price and the volume. Volume will always lead the breakouts and breakdowns.
Oh, you mean like this?

forest_waterfall_original_ani_screensaver_2_215.gif


JJ
 
I'm not an Oscar cheerleader, I just find him fun to watch. Never traded any of his calls, like I said just fun to see what happens and I find him entertaining. It was that much more interesting that he had the opposite call of apex. Good thing I went the opposite way today! I'm done for the day, tired of watching paint dry this afternoon.
 
Quote from MiniDowTrader:

Those who can't trade teach others to trade....priceless! Kinda like the teaching pros you see at the driving range....most can't break 80! :D

On a more serious note.

They do fill a niche in terms of serving the needs of traders who have a lot of capital (relatively easy to do when you live in a capitalist society) but don't have the skills required to trade effectively and produce a positive result over time. They give all the nuts and bolts of basic trading, and do a lot of hand-holding as well.

Something that traders who actually trade for a living simply cannot (even assuming they would be willing) do for a large group of people (read: strangers).

The only beef I really have with them is they tend to waffle and mish-mash and double-talk a lot, I just can't stand the lying.

If they would just come clean about the whole setup, I wouldn't have a problem with them, but then again, they probably wouldn't have many followers either (but who knows). :confused:

JJ
 
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