Trading mentor and real answers

reply epetrov

Goo dluck to you and as far as posting my actual trading records i do not have a problem with that. I would e-mail them to you privately. Also all i did on this thread is offer free mentoring and look at the "haters" and "debbie downers" who have done nothing but try to undermine the fabric of the entire et site and it's members. It is becasue they are the ones who wish to keep others in the dark like themselves. Misery loves company.

I would post some of my trades here, but it would only get ridiculed by many of the "haters" and they would say I made it up or changed my numbers or did it on a demo or it isn't real
yadd ayadda yadda.. I would never display all of my records but I would part with a few days. Including time and sales etc. Many people on this site who post P/l are afraid to show time and sales due to "reverse engineering" of their trades.. Let's be real no one is going to care about reverse engineering 1000 share trades.. not to mention that even if you do try and reverse engineer it isn't going to tell you that much about the how or why or if it is a full position etc.

E-mail me and I will gladly send you a days trades... but know that peopel on the rt site will state that I am "cherry picking " only the best days.
Good luck to you

p.s. For everyone else reading this .. I have never stated that I am a multi-millionaire trader. I do well,. but i guess that is a relative term. I do have the knowledge and insight to try and help others get to where they want to be. Increase the learning curve.
 
Quote from Pita:

Hi Razor,

when daytrading then at the money or slightly in/out of the money. Trading from the daily chart I use mostly slightly ITM but depending if there is an attractive strike near the current price level and if not I take very small size or skip the trade at all. From the weekly chart I use out of the money and sometimes (rarely) spreads. Always with the trend and no indicators. Hope that helps and sorry to Jay for distracting from the thread topic.
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Thanks for the reply Pita :D
 
Hello Jay,

My question, what do you use for your TA beside the price? Do you use market statistics like TRIN, TICK, Adv/Dec, Put/Call ratio so on?

Thank you in advance,
RR
 
Quote from jaytrader100:

one other thing.. i would highly recommend you trade FX futures which are 90 % electronic at the CME. My cousin traded british pound at cme pits all thru the 90's. He quit tradign pound in 1997 and moved to Nasdaq due to dropping pit volumes.. also your money is not "safe" at the unregulated fx firms which do not segregate funds and are undercapitalized. I als saw how long you trade.. man 8 am to 9 pm di dI read that correctly.. I would think you could up your size and make just as much money in 5 hours instead of watching that long in ordr to meet your dollar goals. Good luck to you.
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Yes I am aware of CME currency futures and have ability to trade them, but I trade using IB and have reasons to trust it as a broker.

As for time I trade - no problems about it, trading is 90% of sitting on hands and 10% (or even less) of active action, so most of this time I am relaxed. During US hours I also trade stocks and NQ futs along with Euro and got used to it.

I am growing in size, but so far not ready financially to work less. :)

Worked even more (traded Asian markets too) till this winter... Now afford myself to sleep in the morning, but 14h a day of work is OK at my current stage of aggressive growth.

P. S. Thanks for the words about disposition effect. I have digged out several articles on it and seems they are to help me a lot in my fight for ideal discipline.
 
Quote from Bogan7:

Before I thought you just a wanker but you are a cunt.

I have stage 4 melanoma so I go through that shit everyday you come on here taking the piss makes me want to beat the fuck out of you you prick. Any chance you live in Sydney fuckwit?
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my brother had stage 4 melanoma at age of 22

I'll PM you some info
 
I use volume and price. Trendlines and MA as well as a volatility trailing stop. Rememebr though that most of my tradig is discretionary. I will buy into weakness and sell into strength if it seems warranted. I use the ma for confirmation etc. I also believe in chaos and fractals etc and I use multiple time framed charts.. just like most peopel I wouold guess.. the true secret I believe lies in you and your ability to stay convicted and confident even when faced with a string of losses..

Oh yeah I also use a fully vieable limit order book that goes as deep as the market actually is on ICE. I ahv included a screen shot from earlier today.. this helps me find support resist outside of the 5 deep.. but it can still fool you.

i look at adv decline as well as .. new highs and new lows on dow
sp 500 and nasdaq..
don't use trin or put call ratio.. but I thik put call has merit .. i do look at VIX.
Once again.. it is more important that you figure out a trding style and stup that you like.. tackle that setup only and put the hard work into executing it properly. Don't be upset about losing that is the cost of doign business.. iof you follow yoru plan and lose then so what you still succeeded because you followed your plan
 

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Thanks for the call Jay.
It was helpful for me.

If anyone else has questions you should e-mail him.
He seems sincere, knowledgeable (relative to me ),
and he didn't try to sell me a book or a service or amway-nothing.

If you have a question(s) about futures trading, try asking.
low risk. maybe ,high reward.

M.
 
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