ES Journal Archive (2006 - 2008)

[volente_00]

Quote from joeyata1:

lol what gap down? as far as i can see the market was hardly down today. there was no gap down. to use illiquid overnight and pre dawn hours trading to justify a theory for the nest day is bogus.90% of people have lives and families and can't watch the market 24-7.one thing all must understand. theres 100 rules out there and at different times 1 will always work. like the rule of 10,20 30 etc. in any given day if we're down 30 pts 1 of the above will work but many people get stopped out many times before 1 works and when it works they take there profit very fast. if all these rules work 80%of the time as some say then simply set up a automated program and sit there all day and watch it print $. i'm sure the gentleman with the computer program can back test any theory on here and it won't work more than 50-60% of the time

Because you can not program discretion. That is something that only years of experience and tape watching can provide.

Why did some of the turtle trader fail even though all of them were given the SAME EXACT RULES AND RISK MANAGEMENT ?


All the theory says is if there is red on a tues or thurs, then sometime during the day it will get back to green.


It does not have to be on a gap down.

there was a rule of 10 signal from 1303 to 1293 weds night, it only made 2 points. The next one was from 99 to 89 that also happened to correlate with tommy's long trade signal. So you don't want to trade afterhours? What was wrong with the signal from 1305.5 to 1295.5 at the open of cash ? Or maybe you woke up late ? What was wrong with the long signal from 1317 at 1307 before it ran to 30 + ?

http://quotes.ino.com/chart/?s=CME_ES.M08.E&v=s


Too scared to follow the rule because you doubt it ?


As far as afterhours go, if you don't want to put in the work then don't expect the reward.



HAPPY EASTER

 

[joeyata1]

vol were do i sign up for mentorship? lets see. started full time in 1990 using the old fm signal with rabbit ears for quotes. sat in front these screens for 100's of thousands of hr's for 18 years and literally 10's of thousands traders came and went. i guess i haven't put in the work so again my question is were do i sign up for your mentorship? go bitchy lol. ps. find an egg for me this weekend

 

[volente_00]

If you wanna pay I hear avarus will sign you up. I teach for free. The pm's and emails that I have gotten over the years for helping others is worth more to me than any dollar amount. You must learn to give first young joey, before he will give it back to you tenfold in your life. Some get it, many never will and spend their life searching when all that they need is from within.

 

[joeyata1]

nice answer vol as i was just testing you. you know what you're really a pretty good guy. i think i could get to like you. lol go bithcy

 

[gwac]

Great way of looking at life...

Quote from volente_00:

If you wanna pay I hear avarus will sign you up. I teach for free. The pm's and emails that I have gotten over the years for helping others is worth more to me than any dollar amount. You must learn to give first young joey, before he will give it back to you tenfold in your life. Some get it, many never will and spend their life searching when all that they need is from within.

 

[ammo]

Quote from bidask:

can someone please give me the price of ES June contract yesterday at 9:30am EST? Thanks.

hi was1304.25 and lo was 1302.75 for that minute on a tick chart

 

[BoyBrutus]

Quote from volente_00:

.... helping others is worth more to me than any dollar amount. You must learn to give first young joey, before he will give it back to you tenfold in your life. Some get it, many never will and spend their life searching when all that they need is from within.

Chariots of Fire (1981)

Eric Liddell:
You came to see a race today. To see someone win. It happened to be me. But I want you to do more than just watch a race. I want you to take part in it. I want to compare faith to running in a race. It's hard. It requires concentration of will, energy of soul. You experience elation when the winner breaks the tape - especially if you've got a bet on it. But how long does that last? You go home. Maybe you're dinner's burnt. Maybe you haven't got a job. So who am I to say, "Believe, have faith," in the face of life's realities? I would like to give you something more permanent, but I can only point the way. I have no formula for winning the race. Everyone runs in her own way, or his own way. And where does the power come from, to see the race to its end? From within...

 

[ammo]

Quote from volente_00:

If you wanna pay I hear avarus will sign you up. I teach for free. The pm's and emails that I have gotten over the years for helping others is worth more to me than any dollar amount. You must learn to give first young joey, before he will give it back to you tenfold in your life. Some get it, many never will and spend their life searching when all that they need is from within.

nice easter blessing vol. when you trade the open int,or at least see the lean ,do u go with it or fade it?

 

[volente_00]

Quote from BoyBrutus:

Chariots of Fire (1981)

Eric Liddell:
You came to see a race today. To see someone win. It happened to be me. But I want you to do more than just watch a race. I want you to take part in it. I want to compare faith to running in a race. It's hard. It requires concentration of will, energy of soul. You experience elation when the winner breaks the tape - especially if you've got a bet on it. But how long does that last? You go home. Maybe you're dinner's burnt. Maybe you haven't got a job. So who am I to say, "Believe, have faith," in the face of life's realities? I would like to give you something more permanent, but I can only point the way. I have no formula for winning the race. Everyone runs in her own way, or his own way. And where does the power come from, to see the race to its end? From within...

Funny you bring this up, this was one of my dad's favorites and I remember watching it as a small boy with him.

 

[volente_00]

Quote from ammo:

nice easter blessing vol. when you trade the open int,or at least see the lean ,do u go with it or fade it?

I am a contrarian trader. I look to fade when I think the market is too far away where the open interest points to.