Live Calls: any instrument, any method, any timeframe (open to all)

J

JTrades

Suggested format (upon entry):

{symbol} {direction} {entry price} {stop price}

Then reply with subsequent details, including: exit price, stop adjustment, position add / remove, whether holding overnight, etc.
 
The problem with this is the peanut gallery will crucify you if your wrong as if no ones every wrong when it comes to trading. I'm wrong atleast a couple times a day.
 
djmartin said:
The problem with this is the peanut gallery will crucify you if your wrong as if no ones every wrong when it comes to trading. I'm wrong atleast a couple times a day.
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The problem is that the peanut gallery is composed largely of people who do not depend on their trading for their income - though quite a few pretend that that is the case. Anyone who is day trading for real is not going to embrace the distraction of posting live calls to a message board, unless that person's ultimate goal is to make a living from selling live calls. Day trading takes, at least for me, an enormous amount of focus. This thread will likely either die from lack of participation or become a playground for the egomaniacal one-lotters day trading from their desks while their boss is looking the other way, in my opinion. If it does succeed, it will be great entertainment for some, I'm sure. And a big PITA for others.

Now, if one were instead to post longer term swing trades ala "SHORT SHAK" ...
 
EOD Trading {symbol}; {direction}{entry price}; {stop price}; [exit].

ES; Short 2084; SL 2089; Close ???/EOD.


My EOD trading above is derived according to the method below that I learned today from Romik, plus certain/major modifications.

http://www.elitetrader.com/et/index.php?threads/es-journal-2015.288816/page-374

romik said:
And just a few words about methods used, as what I do implements the edge in money management, I don't go all secretive about the method, it's rather simple. RSI points to oversold/bought, MACD histogram points to buildup of either strength or weakness in price action, you have established predominant trend, so clear on direction of trade/s to be taken as will be banking on support from other trend followers. Now you need to study average range attainable, that way you can establish average loss and average reward. Look for tightening ranges (wedges are my favourite) and potential double bottoms/tops. To substantially reduce risk entry has to be taken from very fast charts, like 1min and below. That's it in a nutshell.
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