to appease my fans, I have decided to start this thread where I will post some of my calls. what started it all was this trade..... http://www.elitetrader.com/vb/showthread.php?s=&postid=1525628#post1525628 as you all see,that trade was closed out for a significant profit currently I have 3 positions open, all of which are position/swing trades and not daytrades. 1)short AAPL from 127.26 2)long IBKR from 26.09 3)long DJIA from 13610 as can be seen, all of these are underwater right now (losing money).these trades were announced live here on ET and can be found by doing a search under my user ID. I am confident all 3 will be closed out w/profits in the days and weeks to come. Lastly,I will be announcing a new trade shortly on this very same thread. blackguard
So the idea is to hold through a 10% DD with the potential to eek out a few pennies? Why would anyone feel compelled to search your handle for losing trades?
this one is going place me as one of the top traders ever on ET (if Im not there already). additionally, this one will redeem myself in the eyes of some of my fans who are currently underwater due to my recent calls. here it is.......... short LEND 13.63 average 109PM EST holding for a significant and I mean significant implosion.Im talking single digits and possibly pennies on the dollar.No timeline for this one, it could happen tomorrow.It could happen next month. as always, good luck blackguard
"Fans?" A tad presumptuous and perhaps pretentious, wouldn't you say? On the other hand: http://www.costco.com/Browse/Produc...15&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
So far doing the opposite of what you suggest seems to be the most profitable path. But then again, you are only asking on $10,000 for mentoring so we probably shouldn't expect that much from you.
update: the DJIA position was closed out at 13777.this was posted live on another thread. realized profit was 167 pts. total hold time was about 26.5 hours w/a drawdown of about 100 pts. blackguard
someone asked me if this was my largest gain point wise on a live call, and if it is the first time I had ever made 100 pts on a live call before. the answer to both is no. here: http://www.elitetrader.com/vb/showthread.php?s=&postid=858845#post858845 http://www.elitetrader.com/vb/showthread.php?s=&postid=860838#post860838 also, http://www.elitetrader.com/vb/showthread.php?s=&postid=875045#post875045 http://www.elitetrader.com/vb/showthread.php?s=&postid=877141#post877141 blackguard
update for my fans: still holding my 3 positions: short LEND from 13.61 short AAPL from 127.25 long IBKR from 26.10 In the future Im going to get back to basics so to speak and post YM trades exclusively. since returning in June my record trading YM is: 1 trade 1 win 0 losses profit of 167 pts since Ive been posting my live YM calls here on ET for a couple years now,Im going to go back and find my total record to date and post that later this evening. blackguard
Do your fans also watch Jim Cramer as you two geniuses battle for 12 year olds on youtube? A 100 point drawdown in these markets is not acceptable.