Inventory Grab Alert 4/30/09!

AMT4SWA · May 20, 2009

Quote from AMT4SWA:

914.00 targets now filled (last 1/2 of 919.00 entries). Next target set now at 912.50 for another 1/6'th of my 922.50 entries.

912.50 target level filled.........next target now set at 902.50 and stop for 922.50 entries at 922.00, where I will pull those positions off on any rally back to that level to look for sell entries at a higher price (near todays HOD or up into the ROCK SOLID 924-927 DELTA ZONE).

manlycure · May 20, 2009

Quote from jjf:

I imagine that it has more to do with the rotation of the resting inventory.
jjf

What you have here is 15k contracts flipping short at the "line of scrimmage" and about twice that in the 2-pt zone below that during that 1-hr long mini H&S development that painted the top.

4c,

D.

AMT4SWA · May 20, 2009

Quote from manlycure:

Whether you double up or not... without an edge and deep pockets, you don't want to use this strategy. But in case you do have an edge and deep pockets (relative to position size, of course), then you AMT

http://en.wikipedia.org/wiki/Martingale_(betting_system)

lose, lose, lose,lose.... WIN!

Edit: sorry, don't know how to post this URL correctly here, just cut and paste the line.

D.

I trade up to 6 levels per trade when I trade my style, so today I was not at "full clip". I have also spent a LONG time developing my trade entry/management style and I know full well what the limits of my trade management system is. I scale in/out positions as needed to maintain a certain "cost basis" threshold from current price....that is how I trade.......always. Also, today I knew I was still holding some 926.75 entries from the other day, so I had my exit set up if price rallied right on up through the 924-927 delta zone.

I build up a full position over a range of price according to the order flow that I have to work with. Today I was unable to build a full position (came close), so I now have to somewhat stretch out my profit targets over time as able to fullfill the eventual risk/reward component. I am not willing to trade bigger position size with only ONE static entry.....one static target......and one static stop........NO THANKS!

I am not good enough as a trader to always catch nice moves in the market with only one perfect entry and profit target......That would make this game too easy!

manlycure · May 20, 2009

Quote from AMT4SWA:

912.50 target level filled.........next target now set at 902.50 and stop for 922.50 entries at 922.00, where I will pull those positions off on any rally back to that level to look for sell entries at a higher price (near todays HOD or up into the ROCK SOLID 924-927 DELTA ZONE).

Drive for show, putt for dough... one is money management, the other is calling tops, you decide which is which :-)

D.

jjf · May 20, 2009

Quote from manlycure:

What you have here is 15k contracts flipping short at the "line of scrimmage" and about twice that in the 2-pt zone below that during that 1-hr long mini H&S development that painted the top.

4c,
D.

very clear explanation. No wonder you guys are so good at this.
jjf

AMT4SWA · May 20, 2009

Quote from manlycure:

Drive for show, putt for dough... one is money management, the other is calling tops, you decide which is which

D.

Sounds good......I can't pick tops (or bottoms), but I do know how to get in the market (gotta be IN to WIN....LOL!) and mix it up to see if I can catch one!

tradingbug · May 20, 2009

Quote from jjf:

thanks TB, great post. If you can further this explanation it would be terrific.
jjf

I have consistently seen AMT catch the intermediate term trend within the primary trend. It seems to me he takes shots at areas of high probability taking base hits and then when it turns into a home run he is sitting VERY pretty.

As you guys can see, his real time trades has worked out terrific....lets get this intermediate term downtrend going!!!!!

Maybe next couple months could be a downer.

manlycure · May 20, 2009

Quote from jjf:

very clear explanation. No wonder you guys are so good at this.
jjf

I'm just reading the numbers after the fact, that's nothing compared with what AMT is demonstrating with money management in real-time.

D.

Note to self: need to see that movie "Courage Under Fire" again.

AMT4SWA · May 20, 2009

Quote from chuckt101:

I doubt there is a single person in this thread with even 50% of the experience AMT has in his system, yet people are still criticizing it.

Go back to your recliners you arm chair quarterbacks!!

I don't think most are critizing what I do (well maybe a few.....:eek: ), I just think that most traders are lead into more convential "inside the box" methods (from books, courses, other traders, etc). I decided years ago "TO DECIDE" for myself what was going to be a method that I can trade and work with.....not contained within conventional thoughts/mentalities......this is what works for me.

AMT4SWA · May 20, 2009

Quote from ivanbaj:

So I am going through different time frames. Weekly, daily, hourly 30 min, 15 min, 5 min and I can't see any trend down. So why are you shorting? Your delta is nothing but a context information. You need to use PA in your entries. What is the logic to sell in a strong up trend that has been going for 3 days? Why not wait for the trend to break down? Are you that sure about your delta zones that you don't need confirmation?

The market IS IN a bear environment overall, and today having the 924-927 delta zone above was very influential in how I traded today.