How to trade like a retarded genius - an actual strategy that works

[MacBookProHo]

Not angry,just know you are a total poser

Can you explain why the market went up today, why it went up initially then hovered there flat,
Can you establish that reasonable market hypothesis in real time, premarket,
Could you have made that decision conviction to buy around 9:40 and sell around 10:25
If someone can do this day in, day out, they can make a significant amount of money in the market,

God, and the Devil, are in the Details,
Don't try to crack me, or tempt me, I'm not giving anything away -- I'm purposely being vague,
The Holy Grail of trading is knowing, or reasonably knowing, the future,

 

[Laissez Faire]

Can you explain why the market went up today, why it went up initially then hovered there flat,
Can you establish that reasonable market hypothesis in real time, premarket,
Could you have made that decision conviction to buy around 9:40 and sell around 10:25
If someone can do this day in, day out, they can make a significant amount of money in the market,

God, and the Devil, are in the Details,
Don't try to crack me, or tempt me, I'm not giving anything away -- I'm purposely being vague,
The Holy Grail of trading is knowing, or reasonably knowing, the future,

The problem is you're not really saying anything of substance that isn't obvious. Everyone knows that if you can buy the low and sell the high or vice versa consistently, you're rich. Everyone knows that if you want to get rich fast day trading you need an accurate methodology delivering consistent gains and then you compound those profits to increase your stake/BP.

So why keep stating the obvious?

Instead, I challenge you to offer something of substance or demonstrate your skills in real time as talk is cheap.

This is what I posted in real-time today shortly after the Open. Compare it with today's actual high on ES.

 

[running_bare]

RIP MacBookProHo

MacBookProHo = lawrence-lugar aka lawrence-loser
https://www.elitetrader.com/et/threads/macbookproho-lawrence-lugar-aka-lawrence-loser.368923/

Time for me to piss in lawrence-loser's cornflakes, getting bored of the fucktard

 

[taowave]

Also known as SPXoptiontrader-masturbater..

Complete fucktard..

RIP MacBookProHo

MacBookProHo = lawrence-lugar aka lawrence-loser
https://www.elitetrader.com/et/threads/macbookproho-lawrence-lugar-aka-lawrence-loser.368923/

Time for me to piss in lawrence-loser's cornflakes, getting bored of the fucktard

 

[MacBookProHo]

Instead, I challenge you to offer something of substance or demonstrate your skills in real time as talk is cheap.

This is what I posted in real-time today shortly after the Open. Compare it with today's actual high on ES.
View attachment 291268

If I wanted to make a public journal here with market calls left and right, I would -- But I don't.
What's the point of that....am I trying to sell a service or product, or talk about my feelings and thoughts and everything running through my head. Today, I almost had diarrhea ....but I felt conflicted, I can't stop watching the market to leave for the bathroom, and I have to buy a weight exercising bench.

Your calls and predictions are not really true or concrete or logical and rational....you're just rather gambling, and being vague, and guessing, and covering all angles more or less. Nothing is really actionable with proof. But I have no intention of making this into a pissing contest.

I have no intention of giving anything away. I'm not a basic support/resistance, and common indicator trader. I truly feel I have a proprietary process. So naturally, I can't reveal the thorough process that leads me to my market conclusion hypothesis.
I'm just saying I, more or less, generally know where the market is going and when to buy and sell for that single, major, move of the day.

Believe me or Don't believe me -- I don't care, all you guys are mice to me. I have nothing to prove to you. I'm just here to pass time with you Clowns. If you think I'm one of the best traders in the world....great. If you think I'm a fake, failed, paper trader....think that.

 

[Laissez Faire]

Your calls and predictions are not really true or concrete or logical and rational....you're just rather gambling, and being vague, and guessing, and covering all angles more or less. Nothing is really actionable with proof. But I have no intention of making this into a pissing contest.

Feel free to think that. The point wasn't necessarily the quality of the call either, but to show how a demonstration could be given in real time with far less effort than the long posts you're typing out day after day.

As for covering all angles, I think that's required for a good trading system. You need to plan for the day ahead as at the end of the day it's only probabilities and never 100 % certain.

I have no intention of giving anything away. I'm not a basic support/resistance, and common indicator trader. I truly feel I have a proprietary process. So naturally, I can't reveal the thorough process that leads me to my market conclusion hypothesis.
I'm just saying I, more or less, generally know where the market is going and when to buy and sell for that single, major, move of the day.

Believe me or Don't believe me -- I don't care, all you guys are mice to me. I have nothing to prove to you. I'm just here to pass time with you Clowns. If you think I'm one of the best traders in the world....great. If you think I'm a fake, failed, paper trader....think that.

I would be very surprised if even one ET member believed you had anything of value to give away.

Wouldn't it be better to easily show your greatness with at least one demonstration and then taunt us clowns and mice afterwards having some weight behind your words?

Right now you're just coming across as an empty bucket with zero substance.

 

[Laissez Faire]

Quickly meaning obtaining million dollars in 1-2 years. Lets face it, we all want to be rich very quickly. We all know how to get rich very slowly already, right?

Here's how you get rich quickly, @SimpleMeLike.

Fund a 10K account day trading ES. Allocate $5K per contract. You start out trading 2 contracts. For every new $5K of profits you add one ES contract. For practical purposes, let's stop the stake size at 100 contracts (you will hit this on day 142).

Daily profit target = $150 net profit per contract ~ 3 ES points gross.

At the end of the year (250 trading days), you got your $2 millions.

Now, get busy.

Alternatively, go for a daily profit target of $100 net per contract ~ 2 ES points gross:

 

[SimpleMeLike]

Here's how you get rich quickly, @SimpleMeLike.

Fund a 10K account day trading ES. Allocate $5K per contract. You start out trading 2 contracts. For every new $5K of profits you add one ES contract. For practical purposes, let's stop the stake size at 100 contracts (you will hit this on day 142).

Daily profit target = $150 net profit per contract ~ 3 ES points gross.

At the end of the year (250 trading days), you got your $2 millions.

Now, get busy.

View attachment 291284

Alternatively, go for a daily profit target of $100 net per contract ~ 2 ES points gross:

View attachment 291285

Good Morning Laissez Faire, Good MORNNNINGGGGGGGGG sir,

Thank you Thank you Thank you Thank you Thank you Thank Thank you.

Very well said and understood.

Thank you. Time for me to get Busyyyyyyyyyy.

Thank you

 

[Slope Trader]

Always made more sense to me. Like an insurance company, you collect the "premiums", many of them. Once in a while, an "insurance event" happens and you have to give back a bit. The challenge is to keep the losses from these rare events less than the cash that you collect regularly with your small scalps.
It is no rocket science. With practice you get better, and after a while you are able to avoid most of that bad events that cost you money.

But this is a very personal stuff. I feel better with a high win rate, and somewhat low reward/risk. Others dont care about the win rate but want the big winner once in a while. Both can be profitable. Risk reward ratios, win rates say absolutely nothing about the profitability of a trader/ system. Everything can work if you do it right.

.

Very insightful post. Hadn't heard the insurance company analogy before, but it seems like a useful framework for designing scalping strategies with high win rates.

 

[Illini Trader]

To generate a Million bucks with trading....a trader needs to trade boldly, aggressively, and grow and compound their account.

MacBook, you said in post #44 that no one can make a million dollars and show proof. But at least 4 time since then you have told people how to do it and what to do it with. So which is it? Have you made a million and if so what was your starting capital. Not asking to show proof as no one on ET is willing to do that other than an occasional snapshot of a good trade.