T-REX Journal

[Kap]

Quote from Tea:




I for one, am glad to see more pros on ET like T-REX.
Don't know if you are one of those guys who works for SAC, Quantum or for Paul Tudor Jones but thanks for being here.

One on-going complaint I have with the Elite Trader forum is that the forum software has a bug or worm in it that inverts or reverses recommendations made by some posters mostly in the Journal section.

For instance in this thread it is obvious that T-REX meant to say "buy @ 1004.75 STOP-LIMIT" this morning not "sell". A pro would obviously not sell into short-term strength without letting it dissipate first. This trade would have put him in at bottom tick (with the spread). Good job and cheerio!

Once again, is it possible to fix this bug in the forum software pronto-pronto or sooner?

This comment seems to have been overlooked, and is about the only thing worth reading in here

 

[T-REX]

Quote from Kap:





This comment seems to have been overlooked, and is about the only thing worth reading in here

Funny, I don't see your Journal anyware lol.

 

[T-REX]

Unless you are actively trading and turning consistent profits please don't waist your time posting here.
This is my personal journal were im posting my thoughts, ideas, comments, and realtime trades.
Unless you are prepared to give "CONSTRUCTIVE" criticism.
BE ON YOUR WAY. LOL

p.s. I'll put my system against yours anyday!!!!!
That way the entire world can see me KICK YOUR ASS!!!

 

[998]

Hey - chill T-Rex.

Don't let these people get to you - while I'm not convinced by your approach I enjoy your commentary and shall keep an open mind.

Keep posting

 

[T-REX]

Quote from 998:

Hey - chill T-Rex.

Don't let these people get to you - while I'm not convinced by your approach I enjoy your commentary and shall keep an open mind.

Keep posting

Thanks.

 

[T-REX]

09-04-03 07:59 AM

Poor Employment Report Pre-Mkt
A Poor Employment Report Pre-Mkt could send unexpected volatility into the market.
WHIPSAW,WHIPSAW,WHIPSAW!!!!

Don't trade ahead of this report!



Post-Report FORECAST

Market should GAP-DOWN first and then retrace later today.
see "T-REX Journal" throughout the day to see how to play this type of set-up.


However Ovoid buying into this type of setup on the open if the market puts in the high first and takes out the overnight high.



Pending Orders

Buy Stop-Limit @ 1028.50
If filled Place a Sell Stop-Limit @ 1023.50
Price Target = 1032.00

 

[balda]

just wandering why don't you buy support or sell resistance based on your numbers? Buying support in up trending market would be great for all 3 days of your journal.

enjoying your journal

 

[mini]

Quote from T-REX:

09-04-03 07:59 AM

Poor Employment Report Pre-Mkt
A Poor Employment Report Pre-Mkt could send unexpected volatility into the market.
WHIPSAW,WHIPSAW,WHIPSAW!!!!

Don't trade ahead of this report!



Post-Report FORECAST

Market should GAP-DOWN first and then retrace later today.
see "T-REX Journal" throughout the day to see how to play this type of set-up.


However Ovoid buying into this type of setup on the open if the market puts in the high first and takes out the overnight high.



Pending Orders

Buy Stop-Limit @ 1028.50
If filled Place a Sell Stop-Limit @ 1023.50
Price Target = 1032.00

3,5 points tp, 5 points sl, i think u trading will break u !!
but wish u all the best and time will show us if u trading is susessfull or not. bibi from europe,

mini


p.s.
i cant believe u, that this breakout system ist much as profitable as u postet. this breakouts are so often fakes that u must lose mor as u winn. for any faults excuse my bad english.

 

[balda]

Quote from T-REX:



A chicken will enter a burning barn with little or no regard for its current reality.

A novice will "CHURN" his/herself until they "BLOW UP" there account.

What is the definition of insanity?
Continuing the same action looking for a different result.

If your system losses 10 trades in a row......IT DOESNT WORK!!!
The premise is FLAWED!

The reason that most people lose is because they dont have a robust system based on realistic premise. The true "Holy Grail" is attainable to "ALL" traders........a system that is realible in multiple time frames, and trending & nontrending market conditions.........PERIOD!!!

Did you post that?

 

[Kap]

ouch ! , best of luck :eek: