I trade 1 ES

Quote from lindq:

Quote from gotta_trade:



Sooner or later he'll be right.



Sooner or later he'll be broke. Lost 30% of his account on one trade. So much for personal bias.

Bias is a way of describe the direction I trade at a given time. It comes from my system and indictors. "So much for personal bias. " What is that supposed to mean?

If you really want to impress the less informed, you can say I lost 500% of my account since I also have a paypal account with $200 in it.

From your posts since the beginning, I conclude my thread is worthless to you. What's more, your comments never had any value to me either. So how about you and my thread never see each other again?
 
Quote from random trader:


your posts since the beginning, I conclude my thread is worthless to you. What's more, your comments never had any value to me either.

What is bothersome is that nobody's comments - including mine - have been of value to you. You have ignored those who have pointed out the many, many faults in your strategy, that has now put you over 30% in the hole. Might it be time to reconsider your overall parameters and look back at the counsel that was given to you, and stop taking criticism so personally? This is a wonderful place to gain from the knowledge and experience of others - if you are open to it. But so far, you clearly are not, and you seem to view every comment as a personal attack.
 
Quote from lindq:



What is bothersome is that nobody's comments - including mine - have been of value to you. You have ignored those who have pointed out the many, many faults in your strategy, that has now put you over 30% in the hole. Might it be time to reconsider your overall parameters and look back at the counsel that was given to you, and stop taking criticism so personally? This is a wonderful place to gain from the knowledge and experience of others - if you are open to it. But so far, you clearly are not, and you seem to view every comment as a personal attack.

Actually your comments drew a pretty accurate picture of yourself. Some of your points you brought up many pages ago, and I always tried to explain how I disagree with them. Yet whatever I said seemed to fall on deaf ears. Either you refuse to accept that there can be different ideas or you fail to listen and comprehend.

I don't think the majority has any problem. Overall the exchanges have been rather enjoyable.
 
Quote from random trader:
I will trade an up bias when my indicators read up. This could happen at 1050 or 950, or any other number. I have no way of knowing at what level it would turn.

Ahhh, I see. I was under the impression that you weren't going to rely on indicators for your "personal bias". But, after reviewing your initial posts, I see you use MACD and CCI.
 
Random, I realize that this is "play" money for you but when is enough enough? Lets say hypothetically that the S+P holds support at the previous resistance and keeps on running what do you do? Are you going to let the account just go to 0?

curious,
indahook



"punch out maverick"
 
Quote from indahook:

Random, I realize that this is "play" money for you but when is enough enough? Lets say hypothetically that the S+P holds support at the previous resistance and keeps on running what do you do? Are you going to let the account just go to 0?

curious,
indahook



"punch out maverick"

What do you suggest? I am listening.
 
Quote from random trader:



What do you suggest? I am listening.

I cannot suggest any course of action, it is your trade and strategy. Had it been my trade yesterdays breakout would have sent me running for cover.
 
Quote from indahook:



I cannot suggest any course of action, it is your trade and strategy. Had it been my trade yesterdays breakout would have sent me running for cover.

If that's the case, I did cover before the breakout and reenter after the breakout. If it hits my stop again, I will stop out and evaluate.
 
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