2002 is about over

Discussion in 'Trading' started by thunderbolt, Nov 17, 2002.

  1. pro as in prop
     
    #61     Nov 28, 2002
  2. phantom

    phantom

    congrats on a good year. have a great dec. and happy thanksgiving!
     
    #62     Nov 28, 2002
  3. noahlh

    noahlh

    Congrats guys....good work!

    Would you mind sharing what kind of strategy you're using? Are you in equities or futures? Are you scalping, playing a few hours, or playing a few days?

    I'm curious because it helps to know not only that people are doing well, but in what market they're doing well.....

    nlh
     
    #63     Nov 28, 2002
  4. I've been asked questions before during market hours and not responded because I was glued to my positions. M-T isn't for everyone, especially slow movers.

    BOLT:cool:
     
    #64     Nov 29, 2002
  5. why did monthly subscription fee drop so much?
     
    #65     Nov 29, 2002
  6. I don't know and I don't care. The service works for me and the cheaper the subscription fees, the better. What didn't you like about them? The calls are great, IMO.

    BOLT:cool:
     
    #66     Nov 29, 2002
  7. thunder, i don't believe for one minute they didn't tell current subscribers why they drastically reduced the fee. But I guess for you a pleasant surprise when you discovered they billed your card almost ONE FOURTH their usual charge for the month:)

    what i don't like about M-T:

    -unclear trading style/specifics; are they scalping or intradday swinging or what?

    -too defensive when asked for clarification on trades/trading specifics

    -fuzzy exits/no exits/occasionally an exit...:confused:

    -one point stop-losses for daytrading?!(use to be THREE!)

    and finally i don't care the manner in which they record their daily performance.



    what do you LIKE about them?
     
    #67     Nov 29, 2002
  8. Well, yes, they gave a reason--to increase the number of subscriptions. Is that the real reason? I don't know and I don't care.

    Some people scalp(myself), others hold for longer time frames.

    fuzzy exits? I never wait for one. It's my trade and I'll handle the exit.

    1 pt. stop loss is for some traders, but I'm, @ most, going to set my stop loss @ .25.

    I agree with your point of view on their so called performance. They are making calls and give their audience the spread between the called price and the absolute top/bottom of the call. It's an unrealistic expectation if one were to obsess about it. Who cares? I like M-T because it provides fellowship during trading as well great calls for those who can master his/her own style. $249.95 was cheap for what I get and,at $125, it's even cheaper--one-half to be exact.
     
    #68     Nov 29, 2002
  9. Down $1,500 -- stabilizing as of late.
     
    #69     Nov 29, 2002
  10. Do you trade full time?
     
    #70     Nov 30, 2002