Short-term trading with Oscar
- Thread starter cgtrader
- Start date
Yeah, I must admit, his Vegas calls have been pretty bad. Most recently, this past friday's call was suspiciously bad. But, then again, this is trading.
What I don't understand however, is how could he lure people with good calls only to give bad calls later. Are you saying this is done on purpose? What ties to the floor does he have to "fix" the trade in his favor.
If he just trades trend momentum and now is losing, well then that's seems part of the education. The ability to balance winners and losers and maintain profitability at the end of the year. While using a simple methodology
I am not an Oscar apologists, but, I have no motive to bash him either.
What I don't understand however, is how could he lure people with good calls only to give bad calls later. Are you saying this is done on purpose? What ties to the floor does he have to "fix" the trade in his favor.
If he just trades trend momentum and now is losing, well then that's seems part of the education. The ability to balance winners and losers and maintain profitability at the end of the year. While using a simple methodology
I am not an Oscar apologists, but, I have no motive to bash him either.
Looking over at Oscars site I see his lemmings got another screwing today. He had them short ES...
They got stopped out at another record loss :eek:
They got stopped out at another record loss :eek:
I believe the losing streak actually began a week or two before Vegas.
st
So, Im trying to understand something...
You all are slamming this guy because he's had approx 3-weeks consecutive losers. About 15 trading days, out of 220 trading days in a year. That means he's only about 93% accurate.
WTF is the matter you morons!
Osorico
FTR: I've NEVER viewed ANY of Oscars youtube videos. Not even a visit to the site. I've NEVER personally received ANY of his market calls. I've NEVER knowingly taken a trade recommended by Oscar. All I know about Oscar and his calls, is what others have posted in various ET threads I participate in.
You all are slamming this guy because he's had approx 3-weeks consecutive losers. About 15 trading days, out of 220 trading days in a year. That means he's only about 93% accurate.
WTF is the matter you morons!
Osorico
FTR: I've NEVER viewed ANY of Oscars youtube videos. Not even a visit to the site. I've NEVER personally received ANY of his market calls. I've NEVER knowingly taken a trade recommended by Oscar. All I know about Oscar and his calls, is what others have posted in various ET threads I participate in.
His service started in Jan 2007......we're talking of 4 month and half---let say 100 trading days....his ratio error is 15% only considering last 3 weeks....but are you sure that all the remaining 85 days are right? I didn't check it.....so the final number is surely worst...
PS: please say morons to your parents,please. They're only guilty to have a son like you.....
Quote from OnlyES:
His service started in Jan 2007......we're talking of 4 month and half---let say 100 trading days....his ratio error is 15% only considering last 3 weeks....but are you sure that all the remaining 85 days are right? I didn't check it.....so the final number is surely worst...
PS: please say morons to your parents,please. They're only guilty to have a son like you.....
I agree the stat is skewed. And I don't care. I haven't and won't use Oscar or anyone or any service for market calls.
And at the top of list of people and things whom not to pay attention to are self-proclaimed professional ES traders that use big lot sizes ( 25-50, sometime 100), with 5 posts out of a total 8, bashing a free service.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1455076#post1455076
WTF "professional" trader would subscribe to some free service, AND THEN take it upon himself to be the protector of the masses from such.
OnlyES is a moron, neener, neener, neener.
Osorico