ES Journal Archive (2009 - 2010)

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Quote from trackstar:

On your daily do you see 854 as a significant area?

Its poppin out to me like a needle in my eye.
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The LOW made on 12/29 was 851. Was that what you were referencing? If this rally has wings, these delusional bulls will wing it for sure. I'm betting 870. But obviously nothing in written in stone, so don't quote me on it. :)
 
Quote from riskymove:

Looks like your wrong - as usual.
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Really? There was not a top at 12:25 you could have shorted for 5-6 points?

There wasn't a bottom at 12:58 where you could have gone long and made 10 plus pts??

Idiot. But I am wrong as usual, because you are more like a moron, not an idiot...
 
Quote from Pekelo:

Really? There was not a top at 12:25 you could have shorted for 5-6 points?

There wasn't a bottom at 12:58 where you could have gone long and made 10 plus pts??

Idiot. But I am wrong as usual, because you are more like a moron, not an idiot...
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For all the readers to know - I spent a lot of time in the index futures room back in 2007 when Pek was also in there. So I have been observing him for quite some time. He even offered to mentor me, which I found quite insulting given that a) he never disclosed any trades thereby making it impossible to know if he made any money or not and b) I have been a trader for quite some time, a long time before I came around to ET. So having some guy I had never met offering to mentor me when I had no clue as to his success or failure (since he never disclosed it) was insulting.

But the problem with every one of his calls is they are about as vague as they come. They are always made after the market has moved. He has never said we are going here and you could sell/short or we are going there and you could buy/cover. Not once. Further, he never says he's in a trade. There is no stop, no target. Zilch, nothing, nada.

I say this because I see a lot of newbies come in here and speak about his "great calls" etc quite a bit. And I am just trying to point out to anyone that reads these posts that while what he says may make sense (because it is posted after the fact), it is basically useless on a real time basis.

So I am sure I will get flamed - but I don't really care. If pek can post a trade or two with a stop and a level - before the market actually moves then I will stand aside. But your calls are worthless in my eyes.

And you can call me an idiot moron or whatever your flavor pek. My pnl doesn't really care!
 
Open question to all.


I am thinking about getting into E-mini trading.

What shops are you guys with?

Are you happy with the platform/svc, etc?

What is a decent round turn px? I don't think I need rock botom - just don't want to seriously overpay.

Thanks.
 
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