then what are u doing here when you could be trading such an obviously successful system and making a million out of it? Paul
Does puretick still use the maxspan setup ? I noticed on the puretick track record they have had no maxspan calls since 8-21-07 http://www.puretick.com/trkrecord.html
Yes we use it. It was voted in the room that it was unfair to put it in the track record because only about 8% of the members in the room use it. The reason is you need an account of at least $30,000 or so and most of the guys there don't have that. I keep a separate log for it now. The only trades in the track record are the official scalp calls that Alex makes. The setups is called/buzzed intra day when the signal fires.
For the summer it was pretty neutral. Most traders know that summer trading isn't the best. We were only up $2,100 starting in the fall. The fall months have been a lot better. Its up now $7,300 on 3 cars. Nothing to retire on but its in a separate account doing its own thing (so the balance is my tracking) with my auto eSignal script. Yesterday grabbed 50 pts to the upside with the auto trail. Anyway. We're still doing the break out trades aka MaxSpan and will do them until they become unprofitable. Weather that be months or decades. Geoff
Making money from trading activites has nothing to do with predicting a stock or index price. This is the one big mistake that all new traders, and the majority of experienced traders make. As this is a Psychology thread I will be happy to contribute some information of real value. After all, trading is 95% mental and only 5% mechanical !
A very valid question Boib. Maybe I can help you, by re-phrasing your question, so that the experts will be able to respond to you. What is the Expectancy figure for your various trading strategies, and what is the sample set size ?
Someone actually gets it! But we do post our trading result record every night. Just go to http://www.puretick.com and click on the 'Track record link' Yes actually this thread shouldn't even be in this forum. Caj