ES Journal Archive (2011)

Status
Not open for further replies.
Quote from Nexen:

What a tremendous joke that you are.

Price rarely gets to your entry points, when they do and you get filled you go for a point and now this ?

Freaking joke.

another struggling trader. what joke. it hit the high at 1270.75 at 10:54 am new york time.
 
Quote from Nexen (about emg):

What a tremendous joke that you are.

Price rarely gets to your entry points, when they do and you get filled you go for a point ...

He is actually worse than a joke. He is missusing a possibly very valuable system. Back in the summer he was right 80-90% of the time, but instead of using his prediction as target he has been using it as entry. He could have made 5+ pts per entry, had he listened to a few of us. Instead he was making 3-4 pts per month.

Now his hitting average is down to something like 40-50%, so he is very inconsistent. Still with a 2-3 pts stoploss this could be made a profitable strategy. Today it gave 3+ pts as profit from the time he posted until the target.

Quote from emg:

it hit the high at 1270.75 at 10:54 am new york time.

It almost doesn't matter that you missed the entry by 1 tick or 2 points, the bottomline is that you MISSED the trade altogether....
 
Quote from emg:

another struggling trader. what joke. it hit the high at 1270.75 at 10:54 am new york time.

It does not matter, you made no money.

And what about the flash crash fiasco, you think we have forgotten about that one ?

I might not be a stellar trader but I don't lie like you OBVIOUSLY did that May 6th day.
 
Quote from Pekelo:




It almost doesn't matter that you missed the entry by 1 tick or 2 points, the bottomline is that you MISSED the trade altogether....

Very wise.
But if you miss a profitable entry consistently by 1 tic, then move your entry by 1 tic.
This is quite different to moving it by 2 points.
 
Status
Not open for further replies.
Back
Top