Let's Trade III, by Sicktrader

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Quote from trendo:

If that's the case, then I suggest that you substantiate while the substantiating is good. Video capture that shows your order book and scrolling time/price.

Exactly. I'll see sick's reply, as he's such a juvenille poster that I've decided to ignore him.
 
Quote from trendo:

Sick,

Please respond to the above.

Why don't we just wait until we get there (2500% profits) and we can figure it out then?? :)
 
Quote from TraderZones:

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Quote from cstfx:

you are all aware that his money mangement plan (if a true trading plan) is only effective up to a point, as global (his broker) does not extend this lower margin beyond 25 contracts.

So IF his account accrues to $17,500, his money management principle becomes moot as he will no longer be able to add to the contract totals in the manner in which he claims.



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Quote from trendo:
Sick,

Please respond to the above.

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including the fact that no small trader should be planning to HOLD 25 contracts. This is not money management, it is called managed suicide. That represents $50,000*25 = 1.25 million, margined on $$$17,500. A tiny hiccup in the worls stage will turn this into coffeee grounds.

How many brokers even let someone start with $700? Most sane brokers start at $5000 plusp




I really do not have the time today to respond to false accusations all day. I am home and enjoying a few cold ones. This will be my last post until tonight.

1. Global is not who I use with my main account, never said it was.

2. I choose Global because they are a paid advertiser here. If I said the things you have about a paid advertiser, I am sure that I would be gone.

3. You and Blowinski are so brilliant and find everything that may be wrong with my system, yet you can't do simple math. Last I checked, 20 times starting bankroll of $700 is $14,000.

4. $14,000 is less than $17,000. Or is it?

5. Both monkeys have been used, but the ejaculating one was used on TraderZones and Blowinski a few times in a now deleted thread.

6. Aside from the period that I was banned here, I have never posted in another forum. Please show me where.
 
Quote from bwolinsky:

Sick has gone out of his way to make grandiose unsubstantiated claims about his past as well as his trading accounts.

Quite honestly, why should we give a shit? Personally I don't care if he never opened a trading account.

You know why? Because it doesn't EFFECT my vallet. A reader can make money 2 ways from any posted trades on ET:

1. By backing them up with real money.

2. By learning from them and using that knowledge later.

Everything else is IRRELEVANT. So the things I care about in ANY journal here:

1. Trades should be profitable. and
2. Trades should be followable (in real time).

So far Sick's trades were both, so he is doing OK in my book. If he is papertrading that is HIS loss, not ours. So I don't really care about blotters and screenshots, they can be manipulated too.

And I haven't even mentioned the entertainment value. Unfortunatelly, I am opening up another betting line and I am offering 10 to 1 odds that he will stop posting trades here by Wendesday's close. I expect this because of too much bickering and bitching instead of just sitting back and enjoying the show...
 
Quote from Pekelo:

Quite honestly, why would I give a shit? Personally I don't care if he never opened a trading account.

You know why? Because it doesn't EFFECT my vallet. A reader can make money 2 ways from any posted trades on ET:

1. By backing them up with real money.

2. By learning from them and using that knowledge later.

Everything else is IRRELEVANT. So the things I care about in ANY journal here:

1. Trades should be profitable. and
2. Trades should be followable (in real time).

So far Sick's trades were both, so he is doing OK in my book. If he is papertrading that is HIS loss, not ours. So I don't really care about blotters and screenshots, they can be manipulated too.

And I haven't even mentioned the entertainment value. Unfortunatelly, I am opening up another betting line and I am offering 10 to 1 odds that he will stop posting trades here by Wendesday's close.

100 to 1 and I'll send you a dollar.
 
Quote from Anaconda:

Thread is very entertaining.

As for the whole 3pt target, 2 pt stop concept, it's pretty obvious to anyone who is a trader or was a trader that it does not work. If it did, everyone would be a millionaire with a simple automated system a long time ago. Slippage & commissions make sure that it does not work.

Money management is not an edge, never was and never will be.

Study money management. Figure out what it's good for. Check back after awhile. Magnesium can help you relax, and if you relax you can sleep better and if you can sleep better you can learn... don't take too much or you will get the Hershey [not Jack] squirts... I know these things...

What did Paul Tudor Jones say in the video? "If everybody employed money management they would all attain wealth" He seemed to be employing a strategy that was better than marginal but not a winner all the time, but his money management saved his bacon....somehow, I think his opinion counts... and I think that SickII is traveling in some very good company...
 
Quote from sicktraderII:

I really do not have the time today to respond to false accusations all day.

You mean you DO own a top 500 builder that was featured in a magazine as you claimed and freely offered up as proof, which was the reason you said you did not need to charge money in the first (deleted) thread, and you are NOW willing to provide the website and phone#??? Or is the builder that you later said "well, it is the economy so I need other income sources such as from trading?

Is it THAT hard to figure out whether your own company is wildly profitable or struggling? YOu do know what ownership means, don't you?

THAT is why you can sit at home all day posting to ET?


Aside from the period that I was banned here, I have never posted in another forum. Please show me where.

T2W. You seem to have a short memory. You were the one that said it. I said, if you are just "posting a journal" and have no commerical interest, why do you need to do it on two forums and why do you need to be so active here to post 2 or 3 lousy trades? Don't you have a "successful" construction business to run? Or do you do your work from midnight to 8am??? Isn't that hammering and other work kind of hard on the occupants? How do your roofing/exterior workers do their job? Flashlights??? :D
 
Quote from Eight:

Study money management. Figure out what it's good for. Check back after awhile. Magnesium can help you relax, and if you relax you can sleep better and if you can sleep better you can learn... don't take too much or you will get the Hershey [not Jack] squirts... I know these things...

What did Paul Tudor Jones say in the video? "If everybody employed money management they would all attain wealth" He seemed to be employing a strategy that was better than marginal but not a winner all the time, but his money management saved his bacon....somehow, I think his opinion counts... and I think that SickII is traveling in some very good company...

LOL! I can see why traderzones would ignore such an idiotic poster.
 
Quote from Pekelo:

I am offering 10 to 1 odds that he will stop posting trades here by Wendesday's close. I expect this because of too much bickering and bitching instead of just sitting back and enjoying the show...

Done. Hey Sick, you have a PM.
 
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