Short

I think that your Thread has been relegated to the "Chit Chat" Forum because the moderator does not see any methodology behind your posts, let alone a constructive conversation about trading; just a bunch of chest pounding and egotistical remarks.

As the moderator has told James Stock/Romeo/Chapa-Braca/Grand Master B, etc. - - - you are welcome to start up your own Journal. In this way, members of ET can follow your opinions.

Peace.
 
Yeah, humor me and tell me lies
and I'll lie, too, and say I don't mind
And as we seek, so shall we find
And when you're feeling open, I'll still be here
But not without a certain degree of fear
Of what will be with you and me
I still can see things hopefully, but you
Yeah, humor me and tell me lies

:-/
 
Quote from Trend Fader:

MECRO,

I just dont believe that u still dont get it!!

I do not DAYTRADE. I swing trade. When I made the post to start this thread i clearly stated that I swing trade and scale into swing trades.

All of this non sense regarding specialists and top ticking to make 20 cents is a bunch of bullshit to me. I dont even trade NYSe stocks. You attacked me from the beginning and still think that u are making a valid point.

You just continue to assume that your own experiences with daytrading NYSe stocks apply to someone that swings an ETF.
Do you think there is some kind of specialist that moves the entire index around to piss off shorts. Then u dont have a clue about what trading is really about.

Maybe in your own little NYSE daytrading me vs. the specialist world.. top picking might not work.. but when u trade entire Markets and Sectors all that jazz u are talking about is not in the playing field.

Next time when u make a comment.. just realize that not everyone is scalping NYSE stocks to make a living.


--MIKE
More...


Dude it does not even matter whether you day trade or swing. I do swing trades as well. In fact my intradays are mostly swings. Only thing that truly matters is how stocks move and your risk and reward. Illiquid gave me and example and I deciphered it in a daily basis because thats what I mostly play. It's not my fault that neither you or he can understand how risk/reward change based on the timeliness of your entry be it intra-day or swing. I know it's hard for most to understand, but there are factors such as specialists/MMs/Major Big money players. Yes there is manipulation simply because it's easy to screw sheep traders that all jumped on the same position too early whether they were right or not.
It's the same thing if you swing, just the time frames change and the sizes get bigger. I study charts every night and I can find dailys and yearlys that look almost exatcly the same.

Bottom line is that you are enterting a trade before any real confirmation on absolutely no methodology. You may convince yourself that you are "scaling" into a trade when in fact you are averaging to a losing trade. Yeah I know you are gonna come back and change the numbers around to make it sound like a winning position as you have already quite a few times. You came into the thread claiming this great position you are taking, bashing some other methods. Now we are discussing entry into this position which is still based on complete BS.

You are just impatient. Why is it so important to take this top call on an index when there are thousands of swings both long and short on various individual stocks and commodities? At the current time, taking a bet on long or short of this market is just asking to get hurt or to get churned. I mean if you are going to make a call, at least have a semi good reason to do so.
 
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