YM Traders

Quote from JMowery1987:


Has anyone read how many times he goes from attacking people, to appologizing, then right back to attacking someone else, and then appologizing, and then right back at it?

And he still is getting on me, even though he attacked me because he was jealous that I could do well..... yet his system works 95% of the time.
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But you are still paper trading? how could porgie be jealous of that?
 
Quote from JMowery1987:

Once again... I can go back to blocking this guy....... only to unblock him a week or two from now to see how he will be attacking and then applogizing to members again.
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There is no point in blocking someone and then unblocking him.

I think porgie wasn't necessarily jealous of you, but forewarning all the n00bs here who thinks they could just jump in and make 50 pts each day with their $2000 accounts.
 
Why do you keep on posting replies, and then deleting them? and blocking people, and then unblocking them?

God.. Did you delete one of my posts as well?

No wonder porgie and stockripper etc don't get along with you too well.
 
Porgie, give us some details of the system.
How does it adjust to a dynamic market ?
Stop size ?
Is it ran off of technical indicators ?
Does it use multivariate calculus ?
Is it 100% automated ?
 
My final target is 240. But I may cover at the other levels depending on the time and strength of the market.

Do not try to understand it. All I can say is it works for me. I have tried tight stops and I always get whipped and stopped out before the trade becomes profitable.
 
usually for scalping you go for high win rate, and inverted risk reward.. Ie you might go .5:1 but go for 80% winners, you need wide stops to deal with the wiggle/noise/chop

thats why I primarily swing, I went short the NQ with a 4 pt stop, looking for 30-40 pts
 
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