Quote from sosueme:
Good traders do not run rooms so in that regard you are boringly consistent.
A very simple rule of thumb is that good traders have only one source of income.
Namely trading.
sosueme
OK.....we are getting close to the cash session close so I pulled all 905.25 entries at 905.00 with 1/2 of my 908.75 entries........next targets remains at 903.75 where I will cover all 903.75 entries and all remaining 908.75 entries. I will hold all 908.75 entries for lower profit target levels not yet set.Quote from AMT4SWA:
Finally filled....another full level in at 909.75 with first primary targets now moved to the 903.75 level.![]()
3'rd deviation move now hit.....two in the last month. :eek:![]()

Correct......also, continuous contracts do not work.Quote from Whisky:
I think AMT has been clear about this: He keeps track of all rolled and expired and new contracts from the moment they start trading, so that he can have accurate bid/ask deltas for every rotation in the past or future.
I guess that at some point he merges the old expired contracts into one integral database that he uses to determine the inventory grab zones, etc.
JW
Quote from EdgeHunter:
i see it another way... so...
All very successive traders have multiple sources of income... but very few run chat rooms or guru ships...
You subconscious always knows you can blow out... so smart successful traders get multiple income streams to relax their subconscious and it allows them to mellow out during draw downs.
Read the book When Supertraders Meet Kryptonite
http://www.amazon.com/When-Supertraders-Meet-Kryptonite-Collins/dp/0934380767
enlightening...
Quote from AMT4SWA:
904.25 touch......now worked in a small short position (1/2 level) at 903.25![]()
Yes it did......EXACTLY to the 911.00 lower next Delta Zone mentioned earlier today, so playing the first level at 904/905's up to that zone has worked out well (and in the exact same manner I ALWAYS trade as documented in hundreds of posts at ET). Now I am PROPERLY positioned and holding a profitable trade with a few small profit hits so far. Now any trading below 903.75's will be +5 points and greater for my newly built short position trade (Quote from riskfreetrading:
ES went to 910.90. A loss of close to 8 points! Inventory grab= loss grab. :eek:
Do you now have the evidence that the delta crap is just a waste of time and money (to buy worthless data and tools)?![]()
great words (iventory, rotation, grabs, cycling, zones, divergence, levels, etc) cannot pay for the the losses. :eek:
