Midnight rally

Quote from TGM:

In Liquid market patterns go through a self reinforcing and then a self defeating process. However, when you start talking about some manipulating the stock indexes. Well we just do not have a precedent. So it will not end well. But they can keep things going for alot longer than most realize. Remember all the Hoopla over 990n? The trader there made cash off the pattern and took it to a new level. Who knows how long it will go on. I would never do it blind without other inputs

You are probably right. Who know how long this will kinda sorta work like it has recently. I just seems that these two "Einsteins" think they found something that kinda might work and they tell the entire world about it. "Look at how smart I am" :p :p

Not even realizing that they could possibly be the actual reason it stops working completely!
 
Quote from nutsojob:

You are probably right. Who know how long this will kinda sorta work like it has recently. I just seems that these two "Einsteins" think they found something that kinda might work and they tell the entire world about it. "Look at how smart I am" :p :p

Not even realizing that they could possibly be the actual reason it stops working completely!

No offense to those "2" but they can't make a difference in the order of things !
 
Quote from taodr:

No offense to those "2" but they can't make a difference in the order of things !

True i would agree that any individual trader isn't going to make a difference with their number of contracts traded. However, going on a public message board and talking about what is kinda working and bragging about the money made is idiotic if you actually want it to keep working. Who knows how far a strategy could go when the right person (hedge fund/author/big trader) gets a hold of it because someone could come up with a workable strategy based upon a thread.
 
Quote from nutsojob:

So you also think that making something public and bragging about making money won't dimisnish or eliminate the edge/strategy in the future?


no because market been like this since 2003 imo

we gap up more than 90% of the time imo

I'll take that probability until it doesn't work anymore
 
Quote from EqtTrdr:

no because market been like this since 2003 imo

we gap up more than 90% of the time imo

I'll take that probability until it doesn't work anymore

90%?
 
Quote from EqtTrdr:

no because market been like this since 2003 imo

we gap up more than 90% of the time imo

I'll take that probability until it doesn't work anymore

Will you tell us when?
 
Quote from EqtTrdr:

no because market been like this since 2003 imo

we gap up more than 90% of the time imo

I'll take that probability until it doesn't work anymore

You don't care that you could possibly be hurting your own efforts by talking and bragging about your "strategy" no risk overnight trade? :(

Of course who cares when you can broadcast to the ET community how smart you are. :eek: Your ego is intact! Congratulations.
 
Quote from nutsojob:

You don't care that you could possibly be hurting your own efforts by talking and bragging about your "strategy" no risk overnight trade? :(

Of course who cares when you can broadcast to the ET community how smart you are. :eek: Your ego is intact! Congratulations.

Have you read the whole thread? If not why don't you. instead of questioning wether it works and getting upset that some are making money, quit winning and do some research.

Have you made any trades today?
 
Quote from Rickshaw Man:

Have you read the whole thread? If not why don't you. instead of questioning wether it works and getting upset that some are making money, quit winning and do some research.

Have you made any trades today?

Rickshaw,

I don't know how long you have been trading. I don't even know if you are profitable or just getting profitable or making 7/8 figures a year. But if you are not making lots of dough. With that cocky attitude-----U will be. :-)

that is what it takes.
 
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