The S&P 500 has topped at 2430 on 6/1/17

[nonlinear5]

When someone calls a top or bottom, that's a prediction of inflection. That he called it a top merely reflected his bearish sentiment, the inflection was nevertheless a good call.

To assess the quality of a call/prediction, it helps to compare it with the opposite prediction. Consider two predictions:

1. Original one by volente: "S&P 500 has topped at 2430 or is within 22 points of doing so."
2. The opposite one: "S&P 500 has bottomed at 2430 or is within 22 points of doing so."

Looking at the chart, and noting that S&P 500 is now at 2470, it's quite clear that the second prediction would have been much better than the first one. Should someone have followed that second prediction, and bought at 2430 and 22 points below, he/she would be doing quite well.

 

[volente_00]

Again, what is bad about calling a 40 day range to within .07% before we've even seen that top? Sorry, by any measure, identifying 2452 that far out with no action at that point is good. 2453 held I two separate occasions during that time.

When someone calls a top or bottom, that's a prediction of inflection. That he called it a top merely reflected his bearish sentiment, the inflection was nevertheless a good call. Even the bearishness was a fair call considering the risk factors involved.

Calling that call bad is like calling someone foolish for losing a coin toss...

I will title my next thread the S&P has inflected instead of topped in order to me more pc.

 

[beerntrading]

To assess the quality of a call/prediction, it helps to compare it with the opposite prediction. Consider two predictions:

2. The opposite one: "S&P 500 has bottomed at 2430 or is within 22 points of doing so."

Very true. And I've already done that too. 2408...held within 2.3 of that...or .1%. And pinged of that one twice too (second was 2407.7).

Again, 40 day range of 2%, missed by less than 0.1%.

Am I correct that you're supporting my argument that he's right?

I think his model is a little bit tight.

 

[propwarrior]

This unfortunately does not pass muster. --kind of like Vol saying he made up short premium with no specifics. ---What does interest me is the real time calls with entries and exits. ---It's all we have here for validation---Please direct me to those postings . I'm not able to locate them and I am certain that they are there.----Ishmael

you are a turd mate. you call me out and I screenshot the fills and that's not good enough for you, tbh I humoured you posting up the screenshot, I know your kind. I am not providing live calls and wont be. I know a loser when I see one and this forum is full of em. You are the sort of chump who a trader could send their entire monthly statements to and you would just dismiss it as subconsciously you don't believe it's possible to make money trading. Why would I provide a bunch of chumps live calls on an anonymous trading forum. lol.

 

[propwarrior]

Shorted 2467
Stop 2477

objectives are
2458.5
2453.5
2448.5


Will add to 2471.5
Added 2468

this is hilarious mate.

 

[volente_00]

Again, what is bad about calling a 40 day range to within .07% before we've even seen that top? Sorry, by any measure, identifying 2452 that far out with no action at that point is good. 2453 held I two separate occasions during that time.

When someone calls a top or bottom, that's a prediction of inflection. That he called it a top merely reflected his bearish sentiment, the inflection was nevertheless a good call. Even the bearishness was a fair call considering the risk factors involved.

Calling that call bad is like calling someone foolish for losing a coin toss...

Are we there yet?

Range expansion has pushed it outside of my June bracket. 247 spy touch pushes July to ~2473 on ES

 

[volente_00]

Why would I provide a bunch of chumps live calls on an anonymous trading forum. lol.

So we can fade your a$$ and make bank






All kidding aside buy1 is just calling out your posting because normally on et one post their trade before the fact, instead of claiming position after the move has materialized.

 

[Buy1Sell2]

Screenshots are meaningless. They can be manipulated and falsified too easily. The only validation method with any modicum of veracity is the live call with exact entry, exit and stop.

 

[propwarrior]

Screenshots are meaningless. They can be manipulated and falsified too easily. The only validation method with any modicum of veracity is the live call with exact entry, exit and stop.

haha you are a chump lol.

 

[volente_00]

Shorted 2467
Stop 2477

objectives are
2458.5
2453.5
2448.5


Will add to 2471.5
Added 2468

Added 2469.25