Trading the ES live-the Brooks way

[padutrader]

see it is not that risk management is important, or that emotional control/ stability is important, or that entries are important, or that exits are important, or that reading market is important, or that trading in liquid times is important, or that not over trading is important.

they all contribute to the making of a skilled trader.

the market demands that you are perfect in all of these areas, then you will get payout, albeit regretfully, from the market.so do not boast about your paycheck because that will only put salt on others' wounds. Unless of course someone solicits that information interestingly.

and if you are not 100% in any or all of these areas, the market will smell it out and make you pay. Literally.

 

[padutrader]

Sure.

I give you a hint or a lead, and you play stupid. So you get stupid in return.

oh what sweetness and that too from a millionaire.

 

[padutrader]

I have in some ways an axe to grind

i grind my axe with myself. and that is the way to improve. and since you say i am the worst trader-even though you do not have a clue, what i am trying to do, where i am trying to go, you still give me directions- i cannot get worse.

you are giving me directions to go New York but i want to Los Angelas so even though you are 100% correct, it is no use to me and you are wasting your time, which is yours and your prerogative to do, but you are also wasting my time in a pathetic attempt to pass off ancient trading cliches as words of trading wisdom.

i suggest you give it a break

 

[padutrader]

Really? I thought there were only two ways to lose money.

then you do not Schwager's wisdom

 

[padutrader]

Direct loss (eg. getting stopped out, etc)

the disease is a chart structure mis read and the symptom is a stop loss. and most traders will deal with the simpler issue of bad /or wrong stoploss by saying the stop was wrong or two tight and tinker with that.
the trader might have missed that the market was in a ranging PA and put a stop too tight since a stop in a ranging market action must be wide.
so stop placement and market read are connected as is emotional stability and a few other abstract things perhaps

 

[padutrader]

You think so? Damn! That does it.

View attachment 347397

you cannot hide the fact that you are not a profitable trader and my ambition was to be the best.

how do you become the best? You should want to.

if you just want to make money, without the recognition, that is fine too.

trading is a work of progress especially if you are tagged on to Brook's wagon.

now many traders un tag themselves and go their own way which is fine too.

 

[padutrader]

Padu never really shows his entries and exits,

i expect you do some work and find it on the chart.

since i have taken the time to post which by itself is so distracting that it may be the reason i am losing

it is there clearly just below the time. do you want that I shove it up your nose?
my priority is trading not pandering to one trader's whims and demands.

in the time it takes me to type entry 2345 and stop 2330 target according to PA the ES can move 5 points and since i do not feed in the target on the chart in advance, i can miss my exit since everything once it goes up turns around

 

[padutrader]

You may wish to give that some thought.

i have given 20 years to that.
so i can now trade it in my sleep

 

[schizo]

i expect you do some work and find it on the chart.

since i have taken the time to post which by itself is so distracting that it may be the reason i am losing

it is there clearly just below the time. do you want that I shove it up your nose?
my priority is trading not pandering to one trader's whims and demands.

in the time it takes me to type entry 2345 and stop 2330 target according to PA the ES can move 5 points and since i do not feed in the target on the chart in advance, i can miss my exit since everything once it goes up turns around

Horse shit. You can't stop posting nonstop (yak, yak, yak, yak, yak) but don't have 15 seconds to clearly indicate where you entered or exited? Never seen such a pussy like you in my entire trading career.

 

[schizo]

you cannot hide the fact that you are not a profitable trader and my ambition was to be the best.

Best traders don't reveal their cards like you. Now go shove it up your ass.

I can handle a lot of crap, but when it comes to skimping on trade executions, I have no patience. You're a friggin' clown as far as I'm concerned. Now beat it!