YM Traders

Funny how I'm 18, and just feel like I'm surrounded like a bunch of kids. So many seems to bash on Volente... obviously no one read my long post that is bashing. Just idiots, or people that want attention, or people that are jealous... that is all they are.

I wouldn't even sweat it Volente, all these idiotic posts convinced me not to post much anymore, I got a few PM's about people missing my charts, but I just can't put up with all the BS people love to start.

So I still hope you continue to post trades. I've been visiting less and less... but hope you can get through it and keep it up.
 
The title of this thread is YM TRADERS.


If you trade YM or even papertrade YM, or are even just interested in YM then your thoughts, trades, charts etc are WELCOME HERE.



This thread is not about egos. To say that is the same as saying the P/L thread is only about egos too. There is much more going on here and there than just chest beating. I started this thread in order to see how others are actually doing trading YM and to converse with others interest in YM.
 
Stalker




There are a few things I look for. First using the BIAS rules, I help determine the trend from history. Is the market gapped up or down ? If there is a gap to fill under then I am more likely to short at resistance. If it gapped down then I am more likely to buy at support. Has a support already been broken intraday ? Yhen I will be more likely to short it the market rises as that support will get tested as resistance. Has resistance level been broken intraday ? Then I will be more inclined to go long on a test of that old resistance that may become support.
 
jzlucas


"Volente,
concerning your T-day theory... when you speak of "Indices in the red", do you only mean if the indices go red right at the open, THEN your rules apply? Or can "indices in the red" mean at anytime during the day? Thanks."





Anytime during the day, but it works best when the red is in the morning, and also is not as reliable if the indices have bene red then went to flat or green already.
 
"1. Most importantly, what is your motivation? Why are you reporting your performance on a trade-by-trade basis?

2. Are you disclosing your trading method in all its detail so that those interested can follow you? If so, then you are a fine philanthropist, and my hat is off to you. Surely, your followers can vouch for the efficacy of your method, and we await their findings.

However, if you are not disclosing your method along with your calls for entry and exit, please refer to Question 1: what is your motivation? Are you just teasing those whom you wish to impress? And if you are doing so well, why the need to impress anyone? Is all this a precursor to selling something down the road, either a product or service? All action stems from one motivation or another. What is yours?"




thunderdog


1. I enjoying doing what no one else either does because they can't or won't because they are scared they will lose their edge.
My motivation is to perhaps let others see how I do it and maybe it will help them in some way and in return maybe I can learn form see how others trade YM.



2. Yes I am. You will never see me trying to sell you anything.
 
We are going down... a lot down....

With these many jobless claims, how will people pay for food, and booze etc.... Our economy is in the shitters. Dow is going down to 10,000 by the end of October and most possibly 8,000 by the end of the year.
 
Good morning, yummies!

Today's a Thursday which is biased as an "up" day. I'm not seeing any good support levels unfortunately. We're below the last solid support on the daily $INDU chart at 10300.

For what it's worth, my up-down patterns say today's a "down" bias day. Go figure. Plus, yesterday was the narrowest range day in 8 days. That usually presages a wider ranging day.

Any suggestions? I'm tempted to short at resistance anyway, in spite of the "T day"
 
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