I have never seen a better trader than

Quote from gms:

The mrmarket yahoo site brags, "I have 17 consecutive profitable trades of 15% or higher since January 2002. "

I don't understand... are we supposed to lower our returns to compete?
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Note the January 2002 time frame!!! That's about 1 profitable (15%) trade per month. And there's no mention of the losers ... but I'm sure MrMarket amuses himself.
 
Quote from jack hershey:

See attached
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Good valid points but if you read Mr. Markets conclusions they are based on fundamental not technical.......do we have a dual brewing here????:)
 
Quote from TM_Direct:



Good valid points but if you read Mr. Markets conclusions they are based on fundamental not technical.......do we have a dual brewing here????:)
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I looked at his stuff thoroughly. It is a mish mash and he apparently holds loosers and doesn't list the dollar value of any trade. What I mean is you can't tell if he is making money or loosing money.

There is no duel about anything. He bought into a lateral channel on the high end. he will simply hold thisstuff until he wants to either take a loss or whatever. The target he sets is based on his fundamentals and he has a time horizon to limit the trade duration and no price stop to limit his losses.

This stock is tradable five times a month if you go both ways. It always makes more than 15% either way. right now the signal is to end a long trade and reverse into a short position. The duration of trades on this stock looks like a week.

there is no dueling about stuff like this. Mr market is a person who is a hermit he says. He will not change what he does nor will he let us know whether or not he is profitable.

So far no one knows but him.

He has a job and does a routine sort of thing with his time.
 
I am a big fan of Jesse J....he has made several calls realtime and they have been on the money with the exception of 1 call ( dow 9000 by may23 ).........
 
Quote from jack hershey:



I looked at his stuff thoroughly. It is a mish mash and he apparently holds loosers and doesn't list the dollar value of any trade. What I mean is you can't tell if he is making money or loosing money.

There is no duel about anything. He bought into a lateral channel on the high end. he will simply hold thisstuff until he wants to either take a loss or whatever. The target he sets is based on his fundamentals and he has a time horizon to limit the trade duration and no price stop to limit his losses.

This stock is tradable five times a month if you go both ways. It always makes more than 15% either way. right now the signal is to end a long trade and reverse into a short position. The duration of trades on this stock looks like a week.

there is no dueling about stuff like this. Mr market is a person who is a hermit he says. He will not change what he does nor will he let us know whether or not he is profitable.

So far no one knows but him.

He has a job and does a routine sort of thing with his time.
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So you would short here....or would you play the weekly 15% like i would?...
 
Quote from TM_Direct:




So you would short here....or would you play the weekly 15% like i would?...
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the last 30 min tells the story.

the stock is very thin on volume and has a big spread.

It wouldn't pass a quality test either

All afternoon long someone has given support at 51.50 , so I think the MM or whatever equivelant that that represents is a big caution.

I trade in multiples of 500's and 1000's so the thinness is a killer for me here. I also need to have the 65 day av volume be up there because I restrict myself to 10% of daily volume as a hold max or 100,000 shares whichever comes first.

Lets watch the day traders slip out during the last 30 min and see how ripe it is for the short leg coming up.
 
el cubano. much appreciated.

not sure why others here cant give me the credit for the good stuff.

But I admit, the dow didnt hit 9000 by may 23rd, but I was close.
 
Quote from jack hershey:



the last 30 min tells the story.

the stock is very thin on volume and has a big spread.

It wouldn't pass a quality test either

All afternoon long someone has given support at 51.50 , so I think the MM or whatever equivelant that that represents is a big caution.

I trade in multiples of 500's and 1000's so the thinness is a killer for me here. I also need to have the 65 day av volume be up there because I restrict myself to 10% of daily volume as a hold max or 100,000 shares whichever comes first.

Lets watch the day traders slip out during the last 30 min and see how ripe it is for the short leg coming up.
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If you just go long look at ROXI which is getting ready to do a long run. It's the opposite of this one.

I am riding KMX and ISIL right now.

HOV is a good alternative to this one right now.
 
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