ES Journal Archive (2006 - 2008)

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Quote from wave:

New traders, smaller conservative accounts just need to piggyback the big boys. Experienced traders, larger accounts play the extremes. Much bigger money to put into play requires different strategy. And I know Spectre007 knows what I am talking about.

Upper 1350s target.
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One has to know which camp he belongs to, I am with pikers piggy backing all the way
 
Quote from wave:

New traders, smaller conservative accounts just need to piggyback the big boys. Experienced traders, larger accounts play the extremes. Much bigger money to put into play requires different strategy. And I know Spectre007 knows what I am talking about.

Upper 1350s target.
More...

When you say bigger money - can you give us an example of value of account for the bigger player??

I am assuming most people on ET never exceed 500 lots at a time - i maybe wrong though.
 
scotsman moves to chicago,goes to 1st cub game,sits near 1st base, 1st batter gets a hit ,man yells rrrun like the wind monn. 2nd batter hits,man yells rrrun gddammm ya , 3rd batter walks and starts trotting to 1st base,scot yells rrrrun goddammm ya, man next to him says he doesn't have to ,he got 4 balls, scot yells out ,walk monn, walk with pride
 
Quote from Mins:

When you say bigger money - can you give us an example of value of account for the bigger player??

I am assuming most people on ET never exceed 500 lots at a time - i maybe wrong though.
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When you start getting fills with slippage greater than 2 ticks, you are strating to play with the big boys.

20 million.
 
Quote from Buy1Sell2:

Buy stop lowered to 1363.00
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Your trading is random and you basically have no premise in what you are doing. In addition, you don't even follow your rules. You risked around 20 points on 5 contracts last Friday and around 5 points today on 10 contracts. You have stated you risk no more than either 1 or 2% on any one trade but obviously that is not true as these last two trades show.

You do a serious disservice to these would be traders in having them post their trades in real time. If they were to post their trades AND explain why they are going short or long then possibly it would be a fine service. Even with that, I guarantee you their trades are random--no statistical edge--just like yours.
 
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