DonKee, I am thrilled that you have convinced the market to restrict your losses to repetitive small amounts. My experience of trading ES is quite different ... exactly the opposite to be precise. By this I mean that my entries give me the least likely drawdown and the most likely profitable trade. I did grasp your concept some years ago and by the grace of god managed to trade my way through it without damage. regards f9
LOL Those two posts above are "classic" elite trader "goofyness". Where people on here assume that because they have not succeeded with a particular strategy that the strategy itself is at fault. Please, don't worry about me. Been supporting myself trading for over 28 years now and am doing just fine. Once in awhile, I try to add to the discussion and will continue to do so. I'll just say there are thousands of ways to approach trading successfully, may you find yours. BTW, I hope both of you got short the es at 13.75. It's been a nice ride, so far.
Donkee, Wow what an outpouring of emotion. Where did that all come from. You missed the point completely. regards f9
I draw considerable comfort from that knowledge, seeing as how I exist principally for your entertainment value.
A few good videos from Mark's last seminar: http://www.thelogicaltrader.net/seminar.html http://www.thelogicaltrader.net/downloads/intro41408.wmv http://www.thelogicaltrader.net/downloads/closing41408.wmv
Also the Max Span system I automated is basically the ACD system for the YM. Thats what we use at puretick every day. Geoff