lol. That's not 'HOW' he does it! That's just what the majority of his trades look like in hindsight. When I try to do the same, I usually get ran over trying to short a huge bull run or buying a crash!
The short i posted live a little earlier at 2007.75. i'm confident he would have shorted it at 2010 at the worst, and he'd know exactly where it was gonna go (where to take profit) too!!
The goal is to reverse engineer his trades not yours. If you study his entries you will find something in common. It might not be the same things he uses but it doesn't have to be. In fact trying to match what he's using will only hold you back. Figure out your own way based on your own strengths ...to consistently enter near the same places he enters. You're mistaken in thinking you don't already have v useful info to begin figuring out a way to match his results. I understand you enjoy posting realtime trades and your other routines. I'm simply suggesting you try something different. You might like it. It will definitely become a habit if you succeed. For some unknown reasons you haven't stared at those locations on your chart for long enough. Perhaps you haven't stared at any location on a chart for long enough?
You don't even try to nail the top / bottom, that's what everyone tries to do, using what ever BS methodology they can BS up, you wait till after it's turned, then you jump on it.
Would you please read the previous posts before jumping to conclusion? The OP stated in no uncertain terms that the Skype dude nails the top and bottom time after time AND he does not use TA.
Sorry, can't see original post, went back a few pages. He's lying, plain and simple, he's either playing the forget the 70% her gets wrong game or posting after the fact game. TA doesn't work anyway, so irrelevant really!
I'm back. I see neither stop nor target was hit. I take it you mean of his trades? You certainly have NOTHING to learn from me!! I could upload some charts, I guess. Although I really fail to see how much can be learnt from it. I imagine the same could be learnt from choosing any random day, looking at the high tick, and then trying to work out 'why is stopped there'!! I don't know whether you're referring to me or the skype guy regarding the lying. I'm somewhat aware of your posting history and I consider you one of the good guys so I don't intend to get into a long-winded debate with you. All I can say is that i'm certainly not lying. I'd have no reason too. I have nothing to sell. No more information to give. Nothing to gain. I post my own trades here for all to see. I've been on trading forums for a decade and i've seen all sorts! It doesn't get any more transparent than what i've seen with my own eyes for quite some time now. I know it's probably hard for you to believe. I get it. I would likely be the same if I hadn't have seen what i've seen, especially with all of the Monday morning quarter backs and blatant liars, dreamers and scammers we have here. But he is that good. You really can't fake realtime calls in skype when you are able to get the exact same price (within maybe 1-2 ticks) as the person calling the trades. Especially since his stops are typically around 2 ES points and targets typically between 6-10+ I've even seen some of his statements (some of which I believe I uploaded in a thread recently) It's not even as if i'm somehow 'bragging' from having access to these calls (for now at least, and not as often as i'd like anymore). It's no reflection on my own abilities. It doesn't make me look good! lol edit: Not to mention that i've even posted quite a lot of his realtime calls in various threads here on ET in the ESjournal! There really are people out there who are THAT good. Like I say, I don't think he uses any tools that anyone here would be able to access.
@schizo So not that I think it'll be much use but I can upload 3 or 4 charts where I marked his entries. However, I think people are maybe getting the wrong impression here, so maybe it'd be better if I PM'd them to you instead and if you have any input we can chat about it privately? Let me know