Tight Stops

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Thanks to all participants for one of the more entertaining threads lately. Haven't seen this much excitement since MrMarket.

One question, though: which one of you is Godzilla, which one is Megalon and which one is Mothra?
 
Quote from Lefty62151:

As I mentioned, this site is for entertainment. I have reviewed the threads, and periodically we see the odd "guru" or two show up to inform us of their prowess. In contrast, I am just a hard working professional who as fate would have it, has been around long enough to have seen if not all, then most of "it". So the insults don't register. This evening, I have the choice of watching "Home Improvement" on cable or looking in on the ET threads. You and Scientist are by far a more entertaining combination. I analyze price action every weekend. Looking at the distribution of prices, I detrend and then analyze further to see how price movements are distributed, whether price movement exhibits stationarity, randomness and/or serial dependence. I do try to keep newbies from getting burned and seeing your claim that a person could trade profitably with a 6 tick stop, I just couldn't let it pass. Trading with small stops generates lots of trades. Unless you limit the absolute amount of trades per day. You have little chance of consistently trading profitably with small stops. For the traders with a winning game, small stops leaves you prone to being stopped out by market noise. Thus you are out of the game before your edge has a chance to make itself known, and even if your edge is substantial, you will not overcome expenses. If you don't have a winning game, small stops slows the bleeding, but just delays the inevitable end. I am not one of the pretenders posting on the site. I actually have to make a living in this business. As I have said before in other contexts, please don't change a thing. I am glad to have your company in the ES market. Lefty.
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LOL so true Lefty - what a bunch of jerk offs these two are. And for a second I thought they were seriuos about discussing STOPS instead of screaming about whose tiny little weenie is better :)
 
Mate a lot of people think I am the biggest arse hole in the business for always picking on people like Miner, Prechter, Bollinger and a few others but most people who know me love me because I deliver the goods.

Just call me BBG for ever and a day.

Stands for: Bryce "Bloody" Gilmore

BBG
 
Doesn't take much to prove you are an idiot JBT

you is an imbecile and a smart arse to boot as you make no contribution to anything.

You probably know nothing as well.
 
This must be a record for this site....

I could become a life member in one day and tomorrow they will ban me.

That's on the cards because I haven't even cut loose on idiots like JBT yet.

But it won't be long as I don't give a shit about this site. It has nothing to offer me.

Scientist is going to have to come back and report to you later and I have friends on this site who will keep the reporting honest.

:-)))
BBG
 
Quote from WaveTrader2004:

I have to tell you you are wanker and since I have not seen anything constructive from you maybe you are a poof the way you talk.

I hate poofs and you certainlt write like one.

I hope you trade the ES because my guys will be getting your money you dirt bag.
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It's alright man, settle down... :p

You're clearly new to this forum. You'll figure out that flaming back (also known as feeding the monkeys) is no answer to flames. It will only escalate in "pissing matches". Best is to just ignore the trolls and get on with what's important. Otherwise you'll run in circles getting angry and abusive at all sorts of monkeys hopping on your back... It's pointless.

As for "poofs"... Are you referring to gay people? What's wrong with gay people?

I have nothing against gay people, some of the greatest people I know are gay. Many people on this forum are gay. dbphoenix, who posted on the previous page is gay. Many other people are/were gay: Francis Bacon, James Baldwin, Alan Ball, Drew Barrymore, Leonard Bernstein, Marlon Brando, William S. Burroughs, Giacomo Casanova, Richard Chamberlain, Tracy Chapman, Ellen DeGeneres, Marlene Dietrich, Edward II (King of England), Brian Epstein, Sir Elton John, Jasper Johns, Angelina Jolie, Michelangelo (yes, the painter), Tchaikovsky, Pete Townshend, Gianni Versace, Andy Warhol, Oscar Wilde, Virginia Woolf, Aristotle (the philosopher). Also debated to be gay or bisexual: Julius Caesar, Salvador Dali, James Dean, Hans Christian Andersen, Hugh Hefner, J. Edgar Hoover, Leonardo DaVinci, Abraham Lincoln (shared bed with Joshua Fry Speed for 4 years), Friedrich Nietzsche, Pope Paul VI, Eleanor Roosevelt, William Shakespeare, Socrates, and many more.

These are some of the greatest people in history. Do you feel like you're any better than any or all of these people, just because your sexual preference is purely heterosexual? I think that is pretty discriminating at worst and narrow-minded at best. By the way, I'm heterosexual, purely by preference. If I was gay, I would have no problems with it though. What difference does it make.

Besides, any decent gay person would feel insulted to be compared to someone like JBT, looking at his kinda comments.

S
 
Quote from Scientist:

It's alright man, settle down... :p


I have nothing against gay people, some of the greatest people I know are gay.

By the way, I'm heterosexual, purely by preference. If I was gay, I would have no problems with it though. What difference does it make.

Besides, any decent gay person would feel insulted to be compared to someone like JBT, looking at his kinda comments.

S
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Well put scientist.
 
I don't really dislike gay people as I know a few as well and they are OK

It is just that a hetro hates being called a poof so it is a good way to bring them down.

Do you any proof that Aristotle was a poof?

:-)))

BBG
 
Actually Jb, if you use a 2 to 2.5 point stop, it is you who will be "getting their money". Let me think about this for a minute. Lets see 6 ticks = 1.5 points, yes I believe you will be the one holding your position while Mr. Gilmore's "guys" will be stopped out. The only caveat of course is you have to be right as to market direction (and they have to be wrong).

As for the rest of you, I suggest you worship me for I am Lefty, Dark Prince of Daytrading. Soon you will all be my willing daytrading slaves. Bring me your finest meats, cheeses and other low carb menu items. Dress your wives and girlfriends in gauzy nightgowns and bid them dance in front of me. (but no belly dancing please, it makes me laugh). Beg for my trading room URL, but no I will not allow you to enter (unless you have $1800), for the holy grail of daytrading is mine to keep. Ha Ha Ha
:D
 
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