M3 vs JB

M

Mach4-1

This contest is at the request of JB

Rules:

1. None - just post the damn stupid trades as they are done in real time - no matter what the outcome!

Winner:

We will let the ET'rs decide.

JB has requested that this thread be a serious thread with nothing only trades - so please refrain from the usual "posting" that will serve no real purpose.

If need be someone can start another thread to comment on this thread - but please leave this thread for competition trades ONLY!

Thank you.

M3
 
Ref:M3-1

Market: FX EUR/GBP (mini)

Current Level: 0.9052

Trade: Long x 1

Entry: Buy Stop @ 0.9135

Stop: 50 pts

Limit: 250 pts

Status: Order Working GTC
 
Quote from Mach4-1:

This contest is at the request of JB

Rules:

1. None - just post the damn stupid trades as they are done in real time - no matter what the outcome!

Winner:

We will let the ET'rs decide.

JB has requested that this thread be a serious thread with nothing only trades - so please refrain from the usual "posting" that will serve no real purpose.

If need be someone can start another thread to comment on this thread - but please leave this thread for competition trades ONLY!

Thank you.

M3
More...

Now no rules, no set up

I guess this means willy nilly just take a trade and hope ?

Well I will refer to mine as they play out
and will do my best to keep you all informed

Remember I am very busy in from 9:30 -12:30

will post if I have time
 
Question from someone from ET:




Ok this is NOT a noob question of "how do I find a trend and always buy low and sell high"... we all know that someone who asks that is going to have issues trading.

However, I would like some ideas on what other traders use to confirm a trend is starting.

I personally use divergence in stochastics and sometimes macd.

Just wanting to get some ideas/feedback from other elite traders.


Responce from Me was :


What do you trade ? Stocks or Futures
not that it really matters just curious

1) you should always know your levels

2) Never try to sell a high

3) Always wait for high to be in place

sounds hard but is truly easy to do, watch the trend

higher high - higher low - trend in place

higher high- lower low .................ummmmm
now we have something
lower high = NAIL IT.................lol

little more to it but that is the quick and dirty way



Then posted a screen shot to show what I ment from that day!





Quote from TradePilotPro1:

This pic may help you
this is today in the S&P futures

You can add some indicators to help confirm
if it helps you take the trade?

Remember # 1 "Know the levels"

If you do not know how to find them you should learn
before you take a trade with real money


Safe Trading

Joe Baker
--------------------------------------------------------------------------------
Mach 4-1 Jumps in and quotes:

hey jb..tel u wat..why don't you try and post a few trades real time..instead of after the events..and then we will see how good u really are

And this: He responds to a poster on ET

ND...why do you contradict urself?

JB knows sweet fuk all about trading...and that is clearly seen by any trader who looks at his posted chart...it is pure shite...really!

the art of reading a chart is very simple...and JB has not the first clue about effective chart skills..

be careful who u back up...as it shows what u know...and what u don't know



My reply:

I will call out the trades in a set up style

1) Fat Jack Trade

2) Looser Bucket Trade

3) Compression Trade

4) Average Joe Trade

5) Jimmy 2 times Trade

6) 3 time charlie Trade

If a trend day I will refer to the market as slope of hope
entry and snap a screen shot of why I took the trade

This way there will no bullshit in saying I did not call it in time
as the setups will all be the same over and over

I hope you will do the same

Please Advise!


Joe Baker


Now he states, no rules & no set up

And Mach 4-1 starts a new thread and make me look like the
one shooting my fat mouth off, I was helping a trader here on ET
and Mach 4-1 jumped in and was very rude and of no help to the
trader who asked a simple question

Just wanted to clear the air as to you comment where you said


AT THE REQUEST OF JOE BAKER !


I will post and follow up with a snapshot of what I was seeing

Joe Baker
 
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