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Passage to $1 Million
- Thread starter smilestraders
- Start date
Quote from NoDoji:
Actually I was in a trading room for a long time with a guy who called what he was watching, then called his entries, stops and targets, and was very profitable long term, and it was all free, and in fact he posted his trades on his journal here in real time as well.
I never once traded his calls. I decided instead to learn how he traded and why it worked. I needed to make a living by trading, not to make a living by doing what someone else was doing without any understanding of why he was trading this way, or of why it worked. What if he disappeared? Then how would I make a living?
I now trade very much like he does and am consistently profitable for the same reasons he is, even though we trade completely different things.
ya, i agree there are those out there in chat rooms that will do this for free as it is boring daytrading sometimes and also good for some camaraderie but I was referring to those who charge. I should have cleared that up better as the real question is why would you charge people to follow your calls if you are indeed highly profitable on your own?
I mean, really, how many of these exact same journals are there on ET? Have any of them ever come to fruition? Has Lescor and Neke ever offered to host a live chat room with their calls much less a month after their first post? Just things to think about.
Clearly, we will see the true answer to all this in the next few months. All this now is just speculation on both ends. Only the OP knows.
There were no challenge trades today. I had a computer issue early in the morning that prevented me from taking advantage of the buy area that I had for the challenge account.
Smiles
Smiles
Quote from creekboy:
all i know is it was a fun day-nobodies blood pressure got out of control -and all calls were made in advance - the only down side was that the skype site sounded chattery at times and was difficult to understand the voice talking but the typed out print was there for back up -great job WE enjoyed it
Quote from Scorpiano:
Attended the trading session today. It was informative and a great learning experience.
It would be helpful to post challenge/personal trade status every 20 minutes or so for clarification.
Enjoyed watching the action.
Nice trades Smiles
Creekboy and Scorpiano,
I'm glad that you enjoyed the live session. If there is another session, we will consider using a different platform to help with voice clarity issues.
Thanks for the feedback,
Smiles
Quote from creekboy:
smiles -
i know what your doing can be done -
also as this goes on the others that dont believe will fall to the wayside-
so go for it -
i am running right along side you-
Creekboy,
Thanks for the encouragement. Yes, no need to be concerned with naysayers. The track record speaks for itself.
Smiles
No challenge account trades today. We will start to trade the challenge account tomorrow.
Smiles
Smiles
Summary for Thurs 07/15/2010:
S 1083 s/o @ 1086 -3/contract Total -9 points
Just 1 challenge account trade today. This trade did go in our favor as much as 3.75 points, but the target was larger.
Smiles
S 1083 s/o @ 1086 -3/contract Total -9 points
Just 1 challenge account trade today. This trade did go in our favor as much as 3.75 points, but the target was larger.
Smiles
Daily Summary for Friday 07/16/2010:
L 1067 s/o @ 1062 -5/contract Total for 3 contracts -15 points
Again, just 1 challenge trade setup today.
Weekly Summary for 07/12 to 07/16:
For the week, that account saw a loss of $1137.50, trading 3 contracts. This is a loss of $379.17/contract traded.
Since the start of trading since June 11th, the account is up about $5700.
Hope everyone enjoys their weekend.
L 1067 s/o @ 1062 -5/contract Total for 3 contracts -15 points
Again, just 1 challenge trade setup today.
Weekly Summary for 07/12 to 07/16:
For the week, that account saw a loss of $1137.50, trading 3 contracts. This is a loss of $379.17/contract traded.
Since the start of trading since June 11th, the account is up about $5700.
Hope everyone enjoys their weekend.