ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from volente_00:

Only truly independent thinkers survive in this game in the long run. What other's actions are should have no influence over your trading.

exactly, the only books I read years ago were the Market Wizards books. The only thing that mattered to me was price action, I learned to sense emotion in it. I ignored it at my own peril.

I have a allergic reaction to anyone elses methods. Though they may be similar.
 
Thats pretty amazing, congrats to your friend. I think that if you can happen to achieve that level, its awesome, but for anyone to make that a life-goal would be a mistake. To relate it to trading, I think the risk/reward of doing all that it takes to have the small chance of getting to that level is no good. Chances are, he is the rare case where extreme preparation, dedication and luck collide... the stuff books are written about hah. The rest of us get to find a nice balance between beach bum and him :D
 
here is a question for those who know the value of the daily chart for intraday trading...first intraday trading is in a class all it's on...but here is the question.......if market "es" goes up 20 and down 20 and only that all day how did the daily chart help me capture the pts up and the pts down....as we never know how far daily single bar will be be painted up or down until it is painted........use the trend as up for this question........how did the daily chart help me???//
 
Quote from volente_00:

Only truly independent thinkers survive in this game in the long run. What other's actions are should have no influence over your trading.
Cleary you are missing the point. There is a very large and important distinction between those with their own completely developed, consistently profitable trading systems who apparently come here out of boredom or to stroke their own ego, and those new to the short term futures trading game who are trying to become better.

It's great that you and Spectre are happy with your own methodology but you are not here to help others, I believe Spectre's response to a question about his trading specifics was that he would sell it to you for millions. Apex went out of his way to give much more specific and immediately useful trading information to help those who are trying to learn, something very few others are willing to do.

Please don't get me wrong, I truly appreciate everything posted by you and Spectre, I would rather have a little info than none. I simply disagree with your apparent assertion that trading should be learned completely on your own with no assistance or guidance from those that have already succeeded.
 
Quote from opt789:

Cleary you are missing the point. There is a very large and important distinction between those with their own completely developed, consistently profitable trading systems who apparently come here out of boredom or to stroke their own ego, and those new to the short term futures trading game who are trying to become better.

It's great that you and Spectre are happy with your own methodology but you are not here to help others, I believe Spectre's response to a question about his trading specifics was that he would sell it to you for millions. Apex went out of his way to give much more specific and immediately useful trading information to help those who are trying to learn, something very few others are willing to do.

Please don't get me wrong, I truly appreciate everything posted by you and Spectre, I would rather have a little info than none. I simply disagree with your apparent assertion that trading should be learned completely on your own with no assistance or guidance from those that have already succeeded.

If you haven't learned this yet, pretty much every analysis point I use, I have posted. and if people pm regarding details, I freely give it. I come here because its a more representative journal and a mirror of sorts and alive, versus a book sitting on my desk. Do I think what I post helps anyone, no not really, because the crucial aspect your missing is, its a lonely journey as a trader. Its a development of your own psychology, and others can't help you with it.

And that remark about selling it for millions was a flippant remark by me, I wasn't serious. How many charts do I post day in day out on here. No matter how much effort is made by me, I don't think it really in the end helps anyone. Because in this business you have to help yourself, and if someone tries to help you, it confuses your own development.

The cheerleading gets nauseating at times, and if you understand how the progressions occurs, you will see how ridiculous it is in the scope of things.

edit: and if you haven't noticed, the same batch of posters post at about the same time, and take vacation at the same time. Dopplegangers cheerleading themselves.
 
the only fly in that ointment is the truth...you can never be certain who is successful and who is not regardless of what they post or when they post it...especially intraday eminis...market open to market close..only.....most stuff here is for grins......calling great trades does not mean you are trading..and if u r will it continue for the ages.....take a few years and work it out, then be happy don't worry... and there is always the ignore button if someone agitates another...i have romik right where he belongs....blank...but u r correct many here are ego tripping...vol is calling trades and does not make excuses when they don't work...
 
Quote from opt789:

Cleary you are missing the point. There is a very large and important distinction between those with their own completely developed, consistently profitable trading systems who apparently come here out of boredom or to stroke their own ego, and those new to the short term futures trading game who are trying to become better.

It's great that you and Spectre are happy with your own methodology but you are not here to help others, I believe Spectre's response to a question about his trading specifics was that he would sell it to you for millions. Apex went out of his way to give much more specific and immediately useful trading information to help those who are trying to learn, something very few others are willing to do.

Please don't get me wrong, I truly appreciate everything posted by you and Spectre, I would rather have a little info than none. I simply disagree with your apparent assertion that trading should be learned completely on your own with no assistance or guidance from those that have already succeeded.


You are missing the point. I post my rules, my trades, my charts and give explanations on what I anticipate will happen. Does it really benefit you ? The problem in trading is what works for one does not work for another due to experience, captial, discipline, different psychological makeup etc. Take my rule of 10 for example, I have shared it on this board openly, yet many still don't understand it. People too often make trading harder than it is. You know what made the biggest difference in my trading ? Dropping all indicators from my chart and trading purely price with a few simple rules using support and resistance. Learning to trade is a process of self discovery, sure you can learn the fundamentals from others but in the end, the difference between the winners and the losers all comes down to what is within. Carpe diem
 
the reason most can't be helped is the system has to be theirs..otherwise they admit failure and some one else is smarter than they....not gonna happen until one gets hammered to the last dollar and they get desperate for help..then they might pay attention to someone else whom they believe is a good trader...out of desperation only...they come on forums looking for handout freebies earned by the sweat of another's brow...then the occasional honest one shows up and he gets verbally slaughtered....i can honestly say i have never seen anything on years of forums that helped me develop my system....not one single thing....not one.....Anek has a very good journal going now that could help those that are searching, newbies and others...I think he is honest...and is a good trader, it appears....not even asking for a "thank you"....AHG journal is very good...
 
Status
Not open for further replies.
Back
Top