That is what I've been screaming. This guy gets it!
I am ready!
- Thread starter ES Shooter
- Start date
That is what I've been screaming. This guy gets it!
Hmmm, did you ever consider that MAYBE your strat trades low volatility well but could get blasted when volatility picks up? One month does not a trader make....talk to me in 2 years and we'll see where you stand.
The style is use is more then just going long like a nitwit!
Example shorted TF last night, closed half for a small gain. Closed remainder before pit open. Went long at 10am, closed at 1188+- area.
Went short on bounce back after part 1 of selloff at 1180. Covered last short @1169.70
Then went long ES at 1940 after printing 1939.75, sold it at 1943.25
Im not some dumbass that buys the market and goes damn im smooth.
BTW I went short 1954.50 on 6/9/14.
Was short TF when the fed meeting hit. Covered on the down spike then went long 2minutes later.
In the end I wish it was more volitale!
AND working the long side of the market right now!
I've been doing this fulltime since '99....like I said talk to me in 2 years. If you haven't seen price action across many different cycles, then you don't have the experience to know if this is sustainable.
Got it, the ET way! Never give any positive feedback, tell everyone trading cannot be done by anyone!
My 1600% gain says differently, but thanks for your concern old timer. The nerds that program algos should be nervous as they put their lives and fortunes in the process of a deterministic machine where I am in total control and on top of a dynamic ever evolving and changing market.
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Discretionary traders who understand psychology can crush machine traders who are drivng into the future by staring into the rear view mirror.
Very amusing posts, as someone said, you can't open an account for less than $3000, I think IB is $25k? I don't know, been ages since I have opened an account as I find something good, no reason to move. And when you develop automation systems and day trade volume, best to lease a seat and get T-1 instead of cable. Actually, your methods are simialr to how I scalp and do longer term trading as I am short all the Indexes from last week and added on to a couple today and hedged. I was like you many years ago, ego on my sleeve big time, but years wear on you and the BIG hits comes when least expect them.
Trading is all about psychology, but few understand that it is, many want to put into math form and run patterns or numbers, and they would do much better by knowing the whys of how patterns are fullfilled, then you can fine tune coding. But it comes down to where is the best place to screw the majority of traders, the sheep, uneducated and under funded.
Yeah, it was a nice triple bottom at end of the day, but this "Old Timer" needed a nap by then. Once price dropped 8 points, time to scalp some longs, and playing both sides as ES dropped.
Good luck to you Youngster.
Thanks, cant agree with you more! I run 0 indicators, markets have everything to do with psychology. Not rsi & and moving averages. How many times back in the day did the sp close above the 100 or 200 day ma then turn around and drop. The psychology is what drives flash orders. As a old sp floor trader and currency trader I know told me yrs ago.... markets are gonna screw the most people possible!
BTW now a days you can get a 100meg or gig leased line cheaper then a T1
See attached pictures then troll detective!
Statement from the 9th
Damn you people are negative!
ES Shooter,
Thanks for opening this thread! Your impressive progress in ES/TF trading is giving me inspiration and hope. Please do not stop updating us with your daily progress.
I wish you continued success in trading.
JT
Thanks for opening this thread! Your impressive progress in ES/TF trading is giving me inspiration and hope. Please do not stop updating us with your daily progress.
I wish you continued success in trading.
JT