Inventory Grab Alert 4/30/09!

Status
Not open for further replies.
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

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:

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: :cool:
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 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
Correct......also, continuous contracts do not work.
 
Quote from pocketmoney:

So you know Jackie from ioamt?
She is one hell of a trader! I was very impressed by her when i trialed the room.
I do not know her.....she came in after the days I would listen to the ioamt room (2003/2004).
 
Quote from nirav34:

Agree. Learned alot from Jackie. She explains the material quite well. On the other hand, I didn't like Billy's style. Maybe because he traded the open, I don't know.
Billy is a CHARACTER.....I will leave it at that (LOL!). :D
 
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...

Can we assume that you will have a book out shortly.
I suppose that it is asking too much to enquire about a laundry service.

sosueme
 
Quote from AMT4SWA:

904.25 touch......now worked in a small short position (1/2 level) at 903.25 :)

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)? :p

great words (inventory, rotation, grabs, cycling, zones, divergence, levels, etc) cannot pay for the losses. :eek:

The losses are facts. Noticed the silence/change of topic from delta crappers!
 
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)? :p

great words (iventory, rotation, grabs, cycling, zones, divergence, levels, etc) cannot pay for the the losses. :eek:
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 ( :cool: ). Also, being VERY COGNIZANT of the 911-914's Delta Zone above, had me playing 1/2 size entries at the lower levels today if you payed any attention. :)
 
Status
Not open for further replies.
Back
Top