ES Journal Archive (2006 - 2008)

[avarus]

breakdown players would be short here.

 

[Spectre2007]

Quote from avarus:

breakdown players would be short here.

one of my rules to avoid it at all costs....being short befoe FOMC, unless your planning on doing a EOD trade.

I ain't biting this bait... its uneven play field when that meeting is a few days away.

 

[kinggyppo]

I just finished Pit Bull by Buzzy Schwartz. Here is an excerpt after a long trading day.


"I was still shaking when I went into the apartment.
Audrey I said, you are not going to believe this; I just made $290,000 on a 12 lot.
"Buzzy, that's wonderful how long did you have to hold it?"
"Overnight"
"Good for you. Now, will you get that briefcase out of the safe, I can't get to any of my jewelry"


Gotta love it!!

 

[Spectre2007]

Quote from kinggyppo:

I just finished Pit Bull by Buzzy Schwartz. Here is an excerpt after a long trading day.


"I was still shaking when I went into the apartment.
Audrey I said, you are not going to believe this; I just made $290,000 on a 12 lot.
"Buzzy, that's wonderful how long did you have to hold it?"
"Overnight"
"Good for you. Now, will you get that briefcase out of the safe, I can't get to any of my jewelry"


Gotta love it!!

hes uses MA's a lot.

 

[Wittgenstein]

Quote from avarus:

A few years back, I witnessed a trader average down $3 million into the red and then said lets go get lunch. When we came back he was up $9 million plus. He told me, I always average into a 1% loss and make 3%.

I suppose one day he came back from lunch to a 9 million loss?

 

[kinggyppo]

Quote from Spectre2007:

hes uses MA's a lot.

Just saying that women have a better perspective on life and money.

 

[Spooz Top]

Quote from Spectre2007:

hes uses MA's a lot.

buzzy`s been done for a loooong time............he liked his stochs/oscilators

 

[avarus]

You can buy the highs, sell the lows or Sell the highs and buy the lows. Pros and cons on both ways. Both make money.

 

[avarus]

You want to learn nonlinear trading, watch option premiums.

 

[JimmyJam]

Quote from avarus:

You can buy the highs, sell the lows or Sell the highs and buy the lows. Pros and cons on both ways. Both make money.

Yes

Quote from avarus:

You want to learn nonlinear trading, watch option premiums.

Agreed

Any hard knowledge you want to drop while disseminating the truths of the marketplace?

Here's mine: trade according to market conditions, not price action ... so long as the conditions that were in place when you entered a trade are still in place, you're trade is good.

JJ