Rule of 10 Journal

Quote from Now is Now:

7200 from 8100.




So you are saying ES ran from 72 to 82 ?

How could it be that not one person saw this short signal ?

Were they just too busy wanting to catch falling knives instead ?
 
Quote from MandelbrotSet:

LOL, when I put together Volumes I through III I was looking for the magic bullet which would englighten myself (and the good readers) on the Rule of 10 and how to trade it. They are all of the posts you made in this thread pertaining to the Rule of 10, but the englightenment never came.

Instead, and despite my best efforts I could not find a consensus on the methdology that one should use, and have noticed along the way (up until and including today) that I am not the only trader who has had this experience.

In conclusion I believe we can put the Rule of 10 in the same category as:

1) The Square of 9,
2) Moon Cycles,
3) Rubbing Your Lucky Rabbits Foot, and
4) Jack Hershey's 3x ATR

Good trading. :)


You must be a liberal the way you try to spin things. I posted everything I use as conditions for the signals when this question was asked in the first week of the journal.


Quote from Boib:

How do you determine when to enter the trade using 9 to 11 points?

How do you use a spread like that? The way Jagmot has it set up you enter with a stop order at 10 points.

How do you enter the trade? What influences your decision as to whether you enter at 9 points or 11 points or somewhere in between?



My response on the conditionals.

Quote from volente_00:

I enter drilling the bid or ask , i never wait in line with the masses, FIFO, volume, day bias, is there a gap above or under for the day, are we near a key reversal time such as 3 am est, 10 am, 10:30 am, 12 pm, 3 pm.

I then went on to explain all of them when more questions were asked.


I am starting to understand why you can't grasp this concept. It takes an inderstanding of simple math.
Quote from MandelbrotSet:

Man, that was a failed ROT Signal and a failed 10:30 Reversal Signal as well.

For any normal traders out there, we just filled the gap and the adv/decn are still very bullish, so ...



http://finance.yahoo.com/q/bc?s=^GSPC&t=1d


Considering the gap was at 1242 and you posted that it got filled today. How is 1247 = 1242 ?

You see jj, I can give you a car and tell you how to drive it, but if you don't obey certain important conditionals such as running stops signs and lights then don't be upset at the provider when the driving does not go as planned. The fault lies with the driver.

In my younger days I would now proceed to drag you through the mud using facts but as I have gotten older I really find it pointless.













Oh what the heck, here are the facts


You used to be jimmyjam.

You posted multiple times per day attacking others.

Baron banned "jimmyjam" from et due to excessive trolling and bashing of others such as Austinp, another pretty good es trader.

You suck at basic math.

Think I am making this up ?

Do a search for "jimmyjam"

Austinp called you out to post your pnl in the pnl thread and you would not.

Why ?

You work nightshift at a convience store and still have not found a methodology to make you profitable after 10 years of losing.

You spend your free time posting 10-15 times a day on et running your mouth and attacking those that can because you can't.

And the number one FACT of all.










I HAVE TAKEN YOUR MONEY IN ES NUMEROUS TIMES.
I AM THE PERSON THAT YOU BLAME FOR YOUR LOSING.
YOU WILL REMAIN A MEMBER OF THE 95% AS LONG AS YOU KEEP DOING WHAT YOU DO.






My apology to Jagmot, but a troll sometimes must be fed the FACTS.
 
Quote from volente_00:

Are you keeping records of all of these trades ?

Just out of curiosity, how many stop outs have you had total when you have taken a long signal when there is a gap below or a short signal when there is a gap above ?

How many days back are you counting gaps? Or are you just counting gaps on the same day?
 
As I go to sleep tonight, I am leaving a long at 60.50 from the 70.50 high (stop 57.50). You could perhaps use 67.50 as the high, however I do not believe there to be enough of a 'reaction'.
 
Quote from volente_00:

So you are saying ES ran from 72 to 82 ?

How could it be that not one person saw this short signal ?

Were they just too busy wanting to catch falling knives instead ?

It was there alright, but I was out at the time.
 
Quote from volente_00:

You see jj, I can give you a car and tell you how to drive it, but if you don't obey certain important conditionals such as running stops signs and lights then don't be upset at the provider when the driving does not go as planned. The fault lies with the driver.
Ah, I'm glad I finally got a response out of you. It's about time you stepped up and tried to defend your non-existent Rule of 10 Trading System.
Quote from volente_00:

In my younger days I would now proceed to drag you through the mud using facts but as I have gotten older I really find it pointless.
LOL, you really are an assclown, it's not just an act, which is what I'm about to show now.
Quote from volente_00:

Oh what the heck, here are the facts

You used to be jimmyjam.
Both mandelbrotset and jimmyjam are screen names, I am not either one of these internet personas. But yes, I used to have the jimmyjam screenname ... this is pretty well known.

Quote from volente_00:

You posted multiple times per day attacking others.
If you call analyzing the flaws of your non-existent, bullshit, ROT system an attack, you are correct (will you have your Rule of 10 trading system with or without moving averages, LOLOL).

Quote from volente_00:

Baron banned "jimmyjam" from et due to excessive trolling and bashing of others such as Austinp, another pretty good es trader.
Wrong again stupid ass.

The Marketsurfer alias is the one who got me banned after complaining to Baron ... but it was he who started the "internet squabble".

We have since met in person and had a great time ... and Marketsurfer is the one who has since been banned (just goes to show ya :p ).

This had nothing to do with austinp, (Baron most definitely is not going to be defending him ... you really are stupid). Don't tell me, you also jump to the same conclusions when trading your Rule of 10 ... right? right?). :p :D

So, LOL, next time get your information straight, toolshed.

Quote from volente_00:

You suck at basic math.

Think I am making this up ?

Do a search for "jimmyjam"

Austinp called you out to post your pnl in the pnl thread and you would not.

Why ?
Pay attention assclown.

I have posted on the PnL thread in the past, and I will post on the PnL thread again in the future (however, it's currently being shown that anyone can post anything on the thread and make it look legitimate, so I don't know how meaningful that is going to be).

None of this has to do anything with basic math though ... which I happen to be really good at, btw (LOL).
Quote from volente_00:

You work nightshift at a convience store ...
Since you are so fond of mentioning austinp, I'm going to issue you a challenge just like he does.

I HAVE $5,000 THOUSAND DOLLARS THAT SAYS YOU DON'T HAVE A CLUE OF WHAT YOU ARE TALKING ABOUT.

That's right folks.

I bet volente_00 $5,000 that what he has just stated is an absolute lie. Now, even though this is the internet, he's still a wimp and a coward, so he won't take me up on the bet, but I'm putting it out there.

Please feel free to contact me by PM volente_00 to arrange the details of the transaction, I can't wait to take your money (hey, maybe we can have austinp - or Magna - hold it while I go about proving that you're a fool).

Quote from volente_00:

... and still have not found a methodology to make you profitable after 10 years of losing.
Man, I must have really driven you over the edge, now didn't I? :eek: :p :D

First off, I haven't been intra-day trading 10 years, more like four ... which my post history will attest to (I came here in '05, I started trading in '04, this is '08 ... see I'm great basic math, LOL). Secondly, I have a very profitable system, that trades like a piece - o -cake ... I just don't waste all of my time and money trading the ES (unlike you, who know so little that you have to trade the ES all hours of the day and night).
Quote from volente_00:

You spend your free time posting 10-15 times a day on et running your mouth and attacking those that can because you can't.
Asked and answered.

Quote from volente_00:

And the number one FACT of all.


I HAVE TAKEN YOUR MONEY IN ES NUMEROUS TIMES.
I AM THE PERSON THAT YOU BLAME FOR YOUR LOSING.
YOU WILL REMAIN A MEMBER OF THE 95% AS LONG AS YOU KEEP DOING WHAT YOU DO.
Poor boy, I've driven him over the edge.

<object width="425" height="349"><param name="movie" value="http://www.youtube.com/v/9LSuyLyuUiM&hl=en&fs=1&color1=0x3a3a3a&color2=0x999999&border=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/9LSuyLyuUiM&hl=en&fs=1&color1=0x3a3a3a&color2=0x999999&border=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="349"></embed></object>
 
I just sent volente_00 a PM just in case he missed my post (LOL :D ) ... specifically the part where I bet the wimp $5,000 that he's a lying about me working the nightshift at a convience store.

Anyone want to join him on that bet? ... and place a side bet on him not taking me up on it?

LOL some more. :D :D :D
 
Quote from volente_00:

You must be a liberal the way you try to spin things. I posted everything I use as conditions for the signals when this question was asked in the first week of the journal.






My response on the conditionals.



I then went on to explain all of them when more questions were asked.


I am starting to understand why you can't grasp this concept. It takes an inderstanding of simple math.




http://finance.yahoo.com/q/bc?s=^GSPC&t=1d


Considering the gap was at 1242 and you posted that it got filled today. How is 1247 = 1242 ?

You see jj, I can give you a car and tell you how to drive it, but if you don't obey certain important conditionals such as running stops signs and lights then don't be upset at the provider when the driving does not go as planned. The fault lies with the driver.

In my younger days I would now proceed to drag you through the mud using facts but as I have gotten older I really find it pointless.













Oh what the heck, here are the facts


You used to be jimmyjam.

You posted multiple times per day attacking others.

Baron banned "jimmyjam" from et due to excessive trolling and bashing of others such as Austinp, another pretty good es trader.

You suck at basic math.

Think I am making this up ?

Do a search for "jimmyjam"

Austinp called you out to post your pnl in the pnl thread and you would not.

Why ?

You work nightshift at a convience store and still have not found a methodology to make you profitable after 10 years of losing.

You spend your free time posting 10-15 times a day on et running your mouth and attacking those that can because you can't.

And the number one FACT of all.










I HAVE TAKEN YOUR MONEY IN ES NUMEROUS TIMES.
I AM THE PERSON THAT YOU BLAME FOR YOUR LOSING.
YOU WILL REMAIN A MEMBER OF THE 95% AS LONG AS YOU KEEP DOING WHAT YOU DO.






My apology to Jagmot, but a troll sometimes must be fed the FACTS.


mandy, why even screw around in and ruin this thread? there was no nonsense whatsoever until you trolled here. you are one weird guy, and to top it off admittedly you don't trade the es ; why even post here?

i trade the es around my es ops and find this thread very interesting. nice jobs guys, and remember; there will always be losers what hate people who find some success. it must kill him to see guys posting 11 point takes. and mandy, i will not respond to you anymore in this thread. jerk.
 
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