Kudos to MMs

i think your nfv system worked great,until ben started pumping again, if he stops ,i think it will work again,trouble is ,normally a criminal will pile lie on top of lie til he topples,or gets caught, ben would have to catch himself since it seems there is no higher marshal,if it doesnt work, (and i'm not smart enough to understand what the hell he's doing,neither is the president,congress,senate ,treasury)it will end very badly as he topples
 
Quote from ammo:

i think your nfv system worked great,until ben started pumping again, if he stops ,i think it will work again,trouble is ,normally a criminal will pile lie on top of lie til he topples,or gets caught, ben would have to catch himself since it seems there is no higher marshal,if it doesnt work, (and i'm not smart enough to understand what the hell he's doing,neither is the president,congress,senate ,treasury)it will end very badly as he topples
More...
Ifs ands or buts don't count. It ___MUST___ work __ALL__ the time or I fail.
 
Quote from nitro:

It is not the critic who counts...
More...

...but the results or the lack of it. Since we are at Bible quotes (because I guess nothing else left but HOPE) and motivational speeches, why don't we have a quote about the fool who didn't listen to the critics about not building a castle on quicksand???

[CHORUS]
You can't build castles on quicksand
You can't build bridges on thin air
You can't paper over the cracks of a broken heart

California Dreams, Castles On Quicksand


Any Martingale system works in a sideways market. You don't need a math degree to average down. But when the market starts to trend (and it really doesn't matter if it trends for technical or fundamental* reasons) the system will lose, period....

*Bernanke pumping money would be fundamental
 
FV 1209.85. SPX 1,218.08.

We are getting close to closing the 7 edge chain to take profits on both the Sim swing trades we have on. I can't remember the last time we took a swing profit, but if we do, some cause for celebration in the new model.

The live daytrade is an EOD/or converge event until further notice. Clearly, the market has been telling me this is wrong over and over again since we keep giving back unrealized profit handles like they are from a fat man, but I simply have no theory of profit taking other than convergence. Otherwise I am making up a number.
 
FV 1209.43. SPX 1,216.58.

Edge is 7 and we crossed the lower chain from the entry(s) of the 14 unit. Out both swing trades. One is ~ +1, the other is ~ +6.
 
It is interesting to see continuous TOB 4300 ES bid get cut down like evergreens during Christmas. Thing is, there is rarely if ever follow through these past three months.
 
This doesn't feel like a particularly strong volume day: 2,695,025,152 .

Odds of continuation tomorrow? At best 40:60 against. I think a 4.5B share ++ day down 15 handles is the sign.
 
You must log in or register to reply here.
Back
Top