ES Journal Archive (2009 - 2010)

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The question is how much is 4 ES points a day worth to you guys?

I'm not charging for my knowledge and experience which are invaluable and therefore can not be priced accurately, I am charging you for my time which I can price accurately by taking average earnings divided by the average time spent during the day making it.

The proposal was made because of the following casual observations: (1) most of you are consistently on the wrong side of the market, (2) most of you post all day long, which means you at least have some knowledge about putting on and taking off positions (3) I can pretty much guarantee most of you don't make any money trading the ES because the ES gives no more than 3 high value signals per day.

Therefore, if I provided high accuracy trading calls and left it up to you to manage the trades in your own styles, I'm sure you could make money off my calls.



Quote from schizo:

What's stopping you from posting your trades? Let's see if it really works. :)
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i thought this was a thread where you post your trades, not one where you bash others and try to sell services. There is already a 1000 of those. Only way you gain credibility here is to post your trades.
 
Is this the future for western equity markets? Chart below is Nikkei 85-present.


<img src=http://www.forecast-chart.com/images/historical/nikkei-225-august.gif>
 
Quote from fkbsuhites:

most of you are consistently on the wrong side of the market,
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The key word is CONSISTENTLY. If you find a consistent winner or loser poster, you can make money out of him/her, just fade the trades in the case of the loser. Ta da!!!

The problem is that most posters here aren't that consistent, thus their performances fluctuate wildly...

Oh yeah, there is a -7 pts 2nd downgap right now....
 
Quote from Pekelo:

The key word is CONSISTENTLY. If you find a consistent winner or loser poster, you can make money out of him/her, just fade the trades in the case of the loser. Ta da!!!

The problem is that most posters here aren't that consistent, thus their performances fluctuate wildly...
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But one can't fade his own trades. So if that person knows his weakness & confronts it then even a low win rate can be turned into a positive ROI. For instance via money management strategies.
 
Open gap number 6 forming. My pit session chart looks like Swiss cheese...:D

swiss.cheese.jpg
 
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