Is It a Reversal or a Pullback?

i am nobody said:
If you do 10-20 trades a day, statistically there is a real change that, at least once, you will enter at an excellent price. I don't follow your thread but about 50% of your entries result in a losing trade. Which means that your entries are not that good. It was rather a lucky shot if you watch your stats.
I just got out at 1897.75 because this profit is too big to let go, and I expect a pullback. I cannot go short and it is even possible that I go long again at lower levels. But all this is guessing, my system will tell me what to do, till then I wait.
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Uhmm...that was actually my FIRST trade of the day. Anyway, back to flipping.
 
i am nobody said:
I told in realtime that the trend was LONG and that I would never go short. I also told that I DID NOT DO THAT TRADE. As I was clearly LONG I went long after the opening. But I never post entries of real trades as I don't want others to copy my trades. Your trades are very short so piggyback them is useless. Profits are too small too, so risky. I stay in a trade for hours, so then piggyback works much better, especially for +20 points moves.
I posted today because I reacted to Romik. And so by accident I was in the game. But don't worry I will not post any trades anymore. You can be the king, no problem. I prefer the cash.
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Let's not make this thread into a bitchfest. You and I obviously have our differences.
 
barcadia said:
40 ES points per day is easy enough with current volatility.
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If you mean 'losing 40 points', then i'd agree¬ :)
I've lost nearly as many points as that in the last 2 sessions (35) Horrible spell. Movements seem very random at the moment
 
i am nobody said:
I agree. After that one you did 5 losing trades and 2 winning trades.
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This is really getting tedious...Schizo is freely sharing his trades (yes, he trades differently than you do), and he has losing trades, but at the end of the day/week/month he comes out on top...

We understand that you view his trading style as inefficient...wtf cares.
 
i am nobody said:
I agree. After that one you did 5 losing trades and 2 winning trades.
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You keep drumming to your own tune. But since you don't post your trades, it's kinda one-sided, don't ya think? You remind me of a self-centered bitch that I once dated who would only say what she wanted but wouldn't give me the chance to reply.
 
Aj2014 said:
If you mean 'losing 40 points', then i'd agree¬ :)
I've lost nearly as many points as that in the last 2 sessions (35) Horrible spell. Movements seem very random at the moment
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I respect your honesty...I noticed some good trades last week and you have the guts to take all of them...What I don't like are all the ankle biters who surface around here to criticize other people's trading styles...

This is the sort of thing that eventually creates a form of "self censorship"...whereby people don't feel free to discuss their trades, trading style or methodology...
 
der_kommissar said:
This is really getting tedious...Schizo is freely sharing his trades (yes, he trades differently than you do), and he has losing trades, but at the end of the day/week/month he comes out on top...

We understand that you view his trading style as inefficient...wtf cares.
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He replies to my postings too in a negative (and suggestive dishoinest) way. And if he makes things appear different from reality I think it can be said.

He is posting trades.
First question is: does he really do these trades? Nobody knows.
Second question: Are the quotes correct? Nobody knows.
Nobody can check that, and if he trades in such a short timeframe and with mostly very small profits it can only be checked by showing tickets of these trades. If he cheats 1 tick for every entry and exit, nodody can check that. But in his microtrading that may give completely different results. Because all his trades can be 0.5 points less profitable (or even more). If his average posted profit is 1 point a trade, cheating 0.5 points will reduce his real profits by 50%.
There is no proof at all that he really got the prices he is posting.

He is also speaking about my "hindsight". I posted that the trend was LONG and that I would be LONG about 1 hour before the market opened. Watch what the market did. From the moment I posted till the top the market was up 20 points. I posted an exit and told there would be a pullback (that can become a reversal later). Watch the pullback about 1 hour later. After the exit that I posted I missed the top by 2 points.
I don't need admirers but at least postings should be honest. If I feel they are not honest I will react.
I don't interfere in the thread of Schizo, he is coming here to post against me. He is the intruder, not me.
 
der_kommissar said:
This is the sort of thing that eventually creates a form of "self censorship"...whereby people don't feel free to discuss their trades, trading style or methodology...
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The attacks from bashers against me ( but also against others) are countless. But that doesn't matter as long as Schizo is not involved???
 
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