JMOWERY.........GOOD PEOPLE HERE WITH GOOD INTENTIONS, JUST HIGH RISK SYSTEMS FOR YM INTRADAY..IMHO ...NO OFFENSE INTENDED......IF U CAN'T MAKE MONEY WITH 1 CONTRACT U WILL TAKE YOURSELF OUT QUICKLY.........A GOOD APPROACH IS BACKTEST ALL YOUR STUFF AND KEEP THE GOOD AND CHUNK THE BAD....U SHOULD END UP WITH MINIMUM 75% ACCURATE SYSTEM BEFORE LAYING UR MONEY ON THE LINE..... . IT CAN BE MUCH HIGHER THAN THAT IF U WORK HARD ENOUGH...WHICH U PROBABLY WON'T DO...THAT IS PROVEN BY THE 5% CLUB ............IF U EXPECT SUCCESS QUICKLY SAVE UR MONEY....IF U R TOO SMART AND/OR NOT DEDICATED SAVE UR MONEY ......JUST CURIOUS.....WHAT DOES YOUR MENTOR SAY ABOUT YOUR PARTICIPATION IN THIS FORUM?? DOES UR MENTOR TRADE EMINI'S?
YM Traders
- Thread starter volente_00
- Start date
Volente,
You are no doubt making money in this business so who am I to question? I will observe with the occasional stupid remarks...keep up the good work....if ur in the black ur better than I....I have a system that is excellent....I am not excellent trader yet because of years of system development.....the 2 ....don't work well together until you clear the emotional and trading junk accumulated during the system development process......just completed the YM system that only fails 5% of time and then losses are extremely slight....not for public disclosure ever................please keep up the good work....only forum I keep up with, because the people here are tolerant of goofy guys like porgie.........so far.......the 15 min chart is not critical but is backbone of high percentage system......after years and thousands of hours...I would never call a trade anywhere as I am very sensitive about other peoples' money as I have made a couple of enemies trying to be helpful as system was being developed..........tell the insurance adjustor for me he is in a dishonest business..We can replace objects, but our family is more precious than all the silver and gold in the world..Happy Trading
You are no doubt making money in this business so who am I to question? I will observe with the occasional stupid remarks...keep up the good work....if ur in the black ur better than I....I have a system that is excellent....I am not excellent trader yet because of years of system development.....the 2 ....don't work well together until you clear the emotional and trading junk accumulated during the system development process......just completed the YM system that only fails 5% of time and then losses are extremely slight....not for public disclosure ever................please keep up the good work....only forum I keep up with, because the people here are tolerant of goofy guys like porgie.........so far.......the 15 min chart is not critical but is backbone of high percentage system......after years and thousands of hours...I would never call a trade anywhere as I am very sensitive about other peoples' money as I have made a couple of enemies trying to be helpful as system was being developed..........tell the insurance adjustor for me he is in a dishonest business..We can replace objects, but our family is more precious than all the silver and gold in the world..Happy Trading
shorted at 10657
first target 10640
This is strictly an option expiration trade.
And as always I have a 20 point stop.
This is strictly an option expiration trade.
And as always I have a 20 point stop.
porgie, I used to do bodywork for 3 year about 13 years ago.
I know how to take care of this mishap and still come out in the green. I just hate the inconvience that accidents cause.
I know how to take care of this mishap and still come out in the green. I just hate the inconvience that accidents cause.
covered at 10640.
volente, what's the mechanism that produces the opportunity on options expiration day? Is it options being exercised causing an unusual supply/demand for stocks?
the dia 106 calls and 106 put interest
in theory will hold ym to around 10640 by the close.
That is why I covered at that point. Ym can go above and below it intraday but it will probably try to close near it to cause the most pain to the dia option buyers.
in theory will hold ym to around 10640 by the close.
That is why I covered at that point. Ym can go above and below it intraday but it will probably try to close near it to cause the most pain to the dia option buyers.
good trade blackgaurd.
3 trades for today for 60 points total, porgie will be proud of my r/r ratio today.
3 trades for today for 60 points total, porgie will be proud of my r/r ratio today.