I am being SQUEEZED!!!! by the ES

Quote from saxon22:

It would be nice to be able to delete about 5 pages worth from this thread. Alas I do not possess the power.


As for the position: still holding 26 and the balance is around -4K (with overall +10K booked). Waiting at 1217 to unload another 5.

As for posting. I no longer post trading related stuff or stay active in ES Journal. Sadly most threads end up the way this one is. High school kids playing with 5K accounts dreaming of being profitable and joining Trump for lunch. LOL.

I have been registered on ET since 2006 and was lurking for about 6 months prior to that. My account does not have 10.000 posts in its count. I have not changed my handle since day one. I do not start new threads every day and I am not an attention whore like sadly some on ET proudly are.

The reason for this thread was that most of the time I finish my trading day happy with some $$$ in the bank. Unfortunately, from time to time the market is not cooperating and I get squeezed. I just wanted the folks to see, feel, and participate in my ride.

Like I said I almost never put this kind of cars/money on the line. This trade was unusual and stupid to which I admitted at the start of this threat. I got cocky and almost had a financial knock down. We all get careless, the difference is that I also got a bit lucky. Will the outcome be the same next time around? I hope there will not be a next time.

Wishing you all the best!


Saxon22


P.S. Guys, come on a little bit more class and less bickering.... please.
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I personally don't give a rat's ass if it's sim or live, but can you explain how you apparently paid less than $10 in comms? Or how, if comms are not deducted from the dom, that the loss at 27.50 conflicts?

I don't see how this dom can be accurate given your average entry and MTM loss on the pic you posted.
 
Quote from jinxu:

Furthermore, I also offer a weekly subscription based mentoring subject. Most other vendors requires you to pay around $5000 up front with no guarantee that they will make you become profitable.

With a weekly subscription based mentoring, you can cancel anytime you want if you feel that what I'm teaching isn't benefiting you. However, I'm confident that people will find my ideas helpful is why I'm willing to offer a subscription.

Vendors who require you to pay their entire course up front do so for insurance in case they are unsuccessful in teaching you. I do not believe in that. I believe in doing everything I can to help people achieve their goal.
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Can you give us an outline of your mentoring course please
 
Quote from Kassz007:

Those who can - do. Those who can't - teach.
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And in cyberspace, those who can't are frequently confused with those who can.

Then again, you've proven you aren't the sharpest knife in the drawer.
 
Seriously bitches, shut the fuck up about your vendor services and other offtopic bickering, nobody gives a shit! Thanks....

Back to topic, question to Saxon:

When it went down to 1218 why didn't you cover way more? You said you trade mostly 4-8 cars, once a month 16. So keeping 26 when you got lucky once is just way too stupid, not to mention greedy. Had you kept 4-8, I say, that is OK with your style. But 26???

Now if you have a good technical explanation why we should be falling that is one thing, but you are STILL over your head and the position is still too big.

Bonus question: If you can trade up to 70 cars or maybe even more, why are you trading only 4 cars most of the time???? Sounds like too small compared to account size...
 
Haven't we established this is all pretend?

Quote from Pekelo:

Seriously bitches, shut the fuck up about your vendor services and other offtopic bickering, nobody gives a shit! Thanks....

Back to topic, question to Saxon:

When it went down to 1218 why didn't you cover way more? You said you trade mostly 4-8 cars, once a month 16. So keeping 26 when you got lucky once is just way too stupid, not to mention greedy. Had you kept 4-8, I say, that is OK with your style. But 26???

Now if you have a good technical explanation why we should be falling that is one thing, but you are STILL over your head and the position is still too big.

Bonus question: If you can trade up to 70 cars or maybe even more, why are you trading only 4 cars most of the time????
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He is still in on the joke, you don't get it. PM from last night.


saxon22




Registered: Sep 2006
Posts: 2236
made you look ...... again! LOL
made you look ...... again! LOL


12-08-10 12:31 AM
 
Quote from startraitor:

He is still in on the joke, you don't get it. PM from last night.


saxon22




Registered: Sep 2006
Posts: 2236
made you look ...... again! LOL
made you look ...... again! LOL


12-08-10 12:31 AM
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He sent you that? What a twat. Delete.
 
Quote from Pekelo:

Now if you have a good technical explanation why we should be falling that is one thing, but you are STILL over your head and the position is still too big.
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Nothing new here, the OP said on different occasions it was a stupid, emotional trade. Sim or real is the only question left.
 
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