Pure Tick - Last Day for Trading Alerts

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Quote from stoshski:

On a side note, everyone pretty much knows his so called"plane" is non-existent so you'll have to accept the fact that the only hole he's gonna drill is into some poor newb's account LOL.

Really? He had a picture of it. Nice little ship too. :D
 
Quote from Reaver:

LOL well, you had a huge part in Timmay tucking tail and running back in 07. Looks like you've still got the touch! ha ha


It's not real difficult at all. These guys give you so much ammo it's tough not to crush them. Like they said in the movie "White Men Can't Jump".....

It's tooooooooooooooo easy.....
 
Quote from EPrado:

It's not real difficult at all. These guys give you so much ammo it's tough not to crush them. Like they said in the movie "White Men Can't Jump".....

It's tooooooooooooooo easy.....

LMAO...so true.
 
Quote from Spectra:

Duke it is a good question.

First the only person I know of who can potentially move a market and even he gets his ass kicked once in a while, is Lewis Borsellino. And I estimate his net worth about 14 times my own.

Yet every time he puts on a trade there are tons of traders taking the opposite side.

Put it another way.

There are a dozen morons around here who think I am a scam artist. That is good.

Look at all the insulting remarks. Let's assume that 5,000 traders think I am the worst trader in the world.

I issue a sell short alert. Shouldn't Sudso and mandrillbreath want to instantly go long?

I can give you a less humorless example of the inability of ANYONE ON EARTH able to move the markets. The US Government. Don't you think Paulson would love to be able to go in with a couple of Billion and push the Dow above 11,000 as a going away gift to George Bush?

Or just a few million to stop a 300 point slide on a given day?

I would love to believe that one day I sit in the trading room, post the charts that I am looking at, issue the "get ready to trade alert" which means I am about to issue a trade alert in the next couple of minutes.

Lets say the market is declining, down 278 points. Then my Trigger long forms (basically a reversal pattern I have programmed) and I buzz the trade.
And between 80 and 120 Puretick members put some limit and some market orders in. It would be great if Borsellino says:

"holy crap. Alex issued a buy." Yes a couple of our traders may get 3 or 4 ticks bad slippage because the world is now trying to buy. And the market rallies 130 points.

That is a dream that I fear will be a bit more illusive than my next 2 year plan---to buy my next airplane---a Citation.

Successfully,

Alex L. Wasilewski
Co-Founder & Head Trader
Trades That Work
www.puretick.com
1-877-GOLONG1 (1-877-465-6641)


Hi Spectra,

I totally agree with what you say about being big enough to move the market.

But you do not need to be a giant to move futures market up or down few ticks for a short period of time.

That is why my original question still stands. By honestly calling signals in real time, a futures trader actually creates competition for himself, and thus endangering his own edge/system. Why???

Regards,
redduke
 
Quote from 377OHMS:

On a side note, everyone pretty much knows his so called"plane" is non-existent so you'll have to accept the fact that the only hole he's gonna drill is into some poor newb's account LOL.

Felt pretty real to me when I was flying it out of Millionair Airport in Asheville. I'm sure the flight plan is on file and the tower has records since we were speaking with them the whole time and when I almost hit that mountain.

Geoff
=====
Cajun Sniper - Co-Admin PureTick.com
 
GreatScott,

Thank you for the helpful e-mail. Shows off your gleaming intelligence and desire to help others. If you wish to have a real conversation please call me at 828-333-4072 any time.

Geoff
=====
Cajun Sniper - Co-Admin PureTick.com
 
Quote from EPrado:

Ok Spectra....let's see you lie your ass off about this one..come on man....You ducked this in my first post...according to you Borsellino STILL moves markets. He is STILL the biggest guy out there......prove me wrong and I will say you were right....come on you lying weasel....lets see what you have to say about this...






Lewis Borsellino booted by Merc
Bad-boy trader booted by Merc; fined $50 000

September 28, 2005 - BY DAVID ROEDER

The Chicago Mercantile Exchange said Tuesday it fined Lewis Borsellino, one of its most combative characters, $50,000 and ordered him to sell his membership for allegedly trying to avoid making good on several losing trades. The action means Borsellino, 48, won't be swinging his fists on the trading floors anytime soon. He was known for getting into scrapes with others in the pits and his track record at the Merc includes several minor infractions, mostly along the lines of "conduct that impairs the dignity'' of the exchange. In 1999, Borsellino published a book about his career titled The Day Trader: From the Pits to the PC. It actually contained little about day trading and more about his pugilism and the challenges he faced growing up as the son of Tony Borsellino, a reputed mob hit man who himself was assassinated.

Duked it out for prime space

The trader's tales of winning slugfests to gain coveted standing areas in the pits irritated Merc bosses, who were intent on burnishing the image of futures trading in preparation for making the exchange a public company. In its decision posted Tuesday, the Merc said Borsellino tried to avoid responsibility for several trades in 2001 and 2003 and impeded an arbitration that eventually led to restitution. In ordering him to sell his membership, the Merc barred him from reapplying for three years. Borsellino, who agreed to the findings without admitting wrongdoing, said the decision won't crimp his style much. He said he's been retired from futures trading for two years and won't come back. He now spends time developing retirement communities Downstate. Also, Borsellino is pursuing a lawsuit against Gerald Putnam, chief executive of the Chicago-based Archipelago stock exchange, which is being absorbed into the New York Stock Exchange. Borsellino accused Putnam of cheating him out of an interest in the business that became Archipelago. He's claimed that he used to account for 10 percent of daily volumes in the S&P futures pits. But that business has migrated from open-outcry pits to computers.

Borsellino admitted he's not fond of the transition.

"I don't even look at the markets anymore," he said. "I've done it for so long, I'm done. And there's no volatility.''

Asked if the penalties were the Merc's payback for past actions, Borsellino said, "I don't know what motivates the individuals in the compliance department. It is a source of revenue now and it has a big budget.''

A Merc spokesman declined to discuss the case, following the policy for disciplinary announcements. Borsellino remarked that the old Wild West-image of trading is obsolete and mused about the day when the Merc builds a display to show what open-outcry was like.

"I'm sure they'll make me a dummy in the wax museum,'' he said.

( Copyright © The Sun-Times Company www.suntimes.com )







Umm What does he say here:



"I don't even look at the markets anymore," he said. "I've done it for so long, I'm done





Not only are you a fucking lying scumbag failed trader, you dont even check your facts.




I know a guy who traded in chitown when lewis was in the pit and after he left and a few years ago he told me even though borsellino was no longer active in the pits, he was still a major player in globex and backed a quite a few traders. I don't know if this is still true today but I have no reason to doubt it was true a few years ago.
 
This is a shame. I am a member of the PureTick room and focus as Alex makes us better traders on a daily basis. I have perused more than a few of the posts here and feel many of you are impetuous guttersnipes who are most likely failures at trading and jealous. It unfortunately is human nature in many people to bash other's success. Why, I'll never know.

While a healthy sense of skepticism should be tolerated and accepted (there is so much garbage out in the trading world) there is no legitimate reason to slam PureTick or for that matter any other reputable trading room. Remember, there is a trial offered for a reasonable fee and if you cannot afford the trial fee you should not be trading futures. . . plain and simple. Within the trial period even a person with a modicum of intelligence should be able to tell if a trading room is for you. I see some of you feel ripped off?? Did Alex or Cajun "beg" you to stay on with them??? It was and is YOUR choice to make. Blame yourself.

Today Alex called 4 profitable trades while personally mentoring a student. Talk about focus. He also makes it a point to "warn" the newbies about dangerous trades that only experienced traders should be taking in an effort to protect their accounts. Not many trade rooms do this.

I have been a profitable futures trader for about two years now, yet still feel I have much to learn (and am learning) in the PureTick room. My intuition tells me those of you insecure and angry enough to "slam" are failed traders or not traders at all. Probably full time negative forum posting is your hobby? Some of you have thousands of posts! You should be learning how to trade instead of wasting your time; or are you trying for a bit on Comedy Central? I will say it spices it up. However, I don't agree with Alex's rejoinders to your negative posts. It smacks of anger on his part when he really should laugh at the sadness of your inconsideration and insecurity.

Hmm, wonder if you would have the intestinal fortitude to say the things you posted to Alex's face. Probably not. One negative with thinly moderated forums as Elite Trader and email is to "fight" one boldly through the keyboard.

So next time, to the negative posters (not all of you), think before you post. Post with some eloquence instead of fulmination and give a logical reason for your point of view . . . it will and can then be considered and respected by all.
 
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