SP500 - High Probability predictions for 2016

'Naive' would be believing the posts of people claiming to catch every swing in the ES! :lol:
Hard to believe people are picking on schizo. Just about the only poster here who can back up what he claims. If you believe there's a magic holy-grail out there that can predict and catch every move, you're in for a rough ride. Real trading isn't like that.
Thank you for saying evidences and other blah blah, but I didn't talk about holy grail ?
I just said that if you are successful for more than 20 years, I just hope you would not need to improve your ego in a forum. PERIOD.

CM
 
Thank you for saying evidences and other blah blah, but I didn't talk about holy grail ?
I just said that if you are successful for more than 20 years, I just hope you would not need to improve your ego in a forum. PERIOD.

CM

Yes and no. I know one successful entrepreneur, made his money during Russian banking and property boom years. He's got a lot of capital, yet average Joe knows nothing of him. So he goes on a path of getting his name known by investing in various (useless) projects to boost popularity via media scavengers, he writes a colourful book about property design that wouldn't be built for at least 100 years, another on super duper yachts, overspends at charity auctions to get in with the rich & FAMOUS, sponsors charity events in prestige locations, will fly into space with a world famous celebrity and so on. Basically, he's got the dosh, now he wants world recognition :)
 
Yes and no. I know one successful entrepreneur, made his money during Russian banking and property boom years. He's got a lot of capital, yet average Joe knows nothing of him. So he goes on a path of getting his name known by investing in various (useless) projects to boost popularity via media scavengers, he writes a colourful book about property design that wouldn't be built for at least 100 years, another on super duper yachts, overspends at charity auctions to get in with the rich & FAMOUS, sponsors charity events in prestige locations, will fly into space with a world famous celebrity and so on. Basically, he's got the dosh, now he wants world recognition :)

I understand and agree with "the will for (world) recognition". This is human nature.
For example, we had famous multimillionaires traders who wrote books : Stan Weinstein, Marty Schwarz, Peter Brandt, Vic Sperandeo etc. They wrote long time ago after their career... Because they wanted others to know how good they were.
Others want to preach their truth on medias (Warren Buffet, Kyle Bass, Bill Gross, Marc Faber, George Soros, etc.). You can be sure this would be 100% BS, they only want to prove they still exist. They suck with trading/investing, because inflated ego doesn't rhyme with good trading/investing.
But searching recognition on a website?? No way if you are that successful.
This is elitetrader.com, not ft.com or wsj.com

CM
 
I saw in past somebody trade like Schizo. He doubled his account from 1 to 2 million dollars in 1 year. No real system but a lot of guts. The next year he lost about 10 million dollars and was completely broke.
The fact that he makes "good returns" does not mean he has a good system. For that he should survive at least a few years. Temporary good returns can be the result of luck too. Future will tell.
I'm going to stay out of the trading dispute but I wanted to publicly acknowledge my appreciation for all of u involved for being serious about your own trading in your own ways. Do your own thing, all of u, and don't worry about the unhealthy forms of ego. Develop a healthy ego instead.

However For IAN I want to bestow a special thank you because I have a stronger affinity and appreciation for you having modeled success is possible, and unknowingly leaving enough clues that I am able to begin developing my own methods in a manner which I hope are aligned with or mimic the same TA you use, only of course I will be doing it my way, which will always be at least slightly different from others such as u ian.

Thus all of u, including ian, should get back to doing it your way, and become your own personal best, and encourage others to do the same, rather than fear they will be better or u will be less. Just make sure u don't leave clues in any form, a realtime trading record, platitudes or a description of how u trade in what might seem harmless at the moment u are disclosing it. Eventually when u reach ian's success u will all understand this. If u have no intention of striving to be the best, to match ian's success, then keeping your methods secret is no concern.

Hopefully this inspires at least one of u to reach out and live your dream, and become a super trader. If u do please spend money wisely, do some thoughtful great things for everyone else.
 
I understand and agree with "the will for (world) recognition". This is human nature.
For example, we had famous multimillionaires traders who wrote books : Stan Weinstein, Marty Schwarz, Peter Brandt, Vic Sperandeo etc. They wrote long time ago after their career... Because they wanted others to know how good they were.
Others want to preach their truth on medias (Warren Buffet, Kyle Bass, Bill Gross, Marc Faber, George Soros, etc.). You can be sure this would be 100% BS, they only want to prove they still exist. They suck with trading/investing, because inflated ego doesn't rhyme with good trading/investing.
But searching recognition on a website?? No way if you are that successful.
This is elitetrader.com, not ft.com or wsj.com

CM

That is true, yet people's ambitions have different levels. Why do you post here? :)
 
Why do you post here? :)
Ahah, for many reasons :
- If someone shows me I am wrong, I learn.
- Sometimes it is better to write rather than trading and vice-versa. Personally, inactivity can save money, and I am more patient with my positions.
- At last but not at least, English is not my mother tongue, I can practice here :)

CM
 
Just about the only poster here who can back up what he claims.

Correction: WANTS to back up.
That's a huge difference.

Ask Medallion to provide all their trades, you will see what the answer is.
People who show their results do this to attract money from other people. Nobody works for free. Or it might be to boost their ego.
What have I to win by posting results? Recognition from a few wannebee traders, or a few bashers????
My ego doesn't need that.
 
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My ego doesn't need that.
What does your ego need given your continued replies on this subject matter when its obvious you aren't going to reveal any more?

Don't get me wrong, I enjoy some of your posts because I was actually the one who originally said so which made fortydraws agree. But since you said that you are not going to discuss actual trades (and so perhaps only talk about general theory), why do you keep pushing this? Why did you make fun of one trader's results when you don't put up your own?

We know you don't need anything from anyone, but perhaps what you need is the ego boost from telling everyone this?
 
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This pic illustrates how to get caught being a Lying Fake Trader. Notes are on the chart. Anyone who can't understand this timeline should continue to study this chart until u get it. Surf Lied about this trade and I caught him for what is going to b my final time because I've proved this at least twice before in different cases.

Case #3 ... surf claiming filled Long YM 15933 on a buy stop entry at 15933 which he said (at 1907 Central Time) he was waiting for price to trade upward thru 15933 and fill him, which is impossible because price was already above 15933 stop level and if he had entered a buy stop order it would have filled immediately, exactly like a market order, and would not have announced he was Locked and loaded, just waiting for YM to trade thru his stop price and fill him Long YM at 15933.

NOTE .. at no time after 1907pm when surf announced he had a BUY STOP ABOVE THE MARKET did price ever trade at 15933. It was considerably above that already at 1907pm.

190 pts later he announces price traded thru 15933 and he was filled at 15933.

You be the judge. What do the facts say.

LyingFakeTrader3.png
 
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