Ok, here is my objective input on your journal: 1. As I said, I like it. 2 days ago you gave signals just when my indicators gave signals, so you must know something and I do believe that you are a profitable trader. Or could be with real money. 2. You said you are TEACHING with this journal, but you are NOT. Just posting trades is not teaching. Unless we know what is the reason behind the trade, it is just showing off. Nothing wrong with that, but again, that is not teaching. Actually paid chatrooms do that, because they want you to get hooked forever. If they were teaching really, then the participants after a while would leave, because they would already know what to do. So if you REALLY want to teach, you might want to share why you take those trades. 3. I guess I nailed your location as India. Now I can believe that the infrastructura is a little bit behind the times, but seriously, can't you apply for a credit card? After 10 years of trading? With a credit card you could use a paid charting service, and stop relying on Yahoo. 4. Generally I don't have a problem with using free charting sites, I use it too. But the reason why I use Bigcharts is because that works fine for me and even better than some paid sites. It is not a money issue, just simply fitting my style. 5. Your style is several times scalping, which with your set up (modem, refreshable chart) is hard to do. So you should either get a better set up, or alter your style. 6. Don't take the scepticism too hard from us, but there were similar traders like you before you, and they either didn't make it or weren't for real. Personally I don't really care if you really trade or not as long as your calls are right on the money...
also, i have uploaded the file showing my results so far. .. results file is here http://www.elitetrader.com/vb/showthread.php?s=&threadid=66079&perpage=6&pagenumber=12 for those of you who are unable to open the file in jpg format .. Profits are --- $ 55,100 + in 3 days of trading not counting charges i am told this is on 200000 margin for the quantity of trades i take and i believe ES is liquid enough to absord the quantity i punch .. Today i wont be trading but lets see .. thanks mishwar
Personally I don't use paid chatrooms, but if you do a search on this site, there were discussions on several ones. I assume you don't need them, so are you just generally curious about them? As about your indicators, do you care to elaborate on them, even if just generally? I saw you also use levels. You might want to mix your 2 different threads. If you post the dos and don'ts on one thread (teaching) and the trades on another one (trading), that kind of throw us off balance. Why not just keep it all in this thread?
You see, statements like this make us wonder if you really trade. If you really do, you should KNOW, not just believe if the ES can take your punch or not. Not to mention the margin requirement. And the little P/L spreadsheet didn't help either so far....
Sir, i am half a world away frm u appreciate if you understand im already trading ES without too much details .. i know trading completely but if you ask me to trade in italy i'll at least need some info thanks mishwar
ok here goes i managed to get a few mins .. am going long 50 contracts at 1310.25.. this is not my usual style but on intial hunch with 3 pts stop risky but sitting on a pile so its ok indulging a bit .. excuse thanks mishwar
www.paltalk.com offers chat rooms on many things..."business and finance section" you will find trading rooms... and you can make your own... some are free, some you pay.....
If Mishwar can produce results wearing what looks like a diaper with a turbin on his head, well I say to each his own. And if hes ruling the Markets by getting his info from the CNN Headline news ticker at the bottom of the screen, then fellas maybe it's the rest of us that are doing something wrong. You keep kicken ass there Mishwar. Some of these guys are just jealous. ...Rennick out