I'm not going to say anything about this one certain person whom I am sure will smack down a lot of folks - but I advise all watchers to have a big bottle of Rolaids on hand. You would not believe that this one person's style can consistently make money, and your nerves will be on edge while he/she attempts it. Believe me. I have already eaten a bottle of Malox. I am not kidding. And eaten is the right word, my wife got these chocolate chew things on sale. I also encourage you to refrain from trading while watching this contest. And count me in, FWIW. I'm not on the same scale as some others, but mayhaps I can earn some respect here. Perhaps we can get some of those +51%/month folks. They'd certainly show the rest of us up.
Wait I'm not sure if I understand you correctly, are you saying someone in this fun contest is going to amaze us with his/her trading ability? Enough to make us eat chocolate malox ?
I look forward to seeing your real time trades there. And, you will see enough to chew through some chocolates.
Where are ALL the nasty post from my "T-REX Journal" whom I have not heard from since my ASTONISHING track record over the last 2 weeks? YOU KNOW WHO YOU ARE. (Especially those that PM'd me to death yesterday. YOU KNOW WHO YOU ARE. P.S. I'ts funny how when you say meet me on the playground ALL THE TOUGH TALK STOPS!!!
I'm EXTREMELY confident in my trading ability. However, I'm not arogant about it as MANY have been on ET. AND because I do publish a FORECAST on the ES I think I will restrict my trading on the playground to the NQ. That way there are no conflicts of interest and I can maintain my character and integrity. What do you think? -or- Should I do the YM? p.s. I will be arriving late to the playground this morning. Probably around 11:30am EST. I have a prior engagement. Lord willing I will still be able to find a trade and post it. REMEMBER THE RULES!!!! YOU MUST POST AN ENTRY POINT AND A STOP-LOSS. SIMULTANEOUSLY!!!!!! NO AFTER-THE-FACT BS!
I will be trading 5 ES all day today and at times during the day I might scale into positions (as I do almost every trade day...this is my style). I will always enter my ES positions with 5 ES and every "add" that I do to my position will be with 5 ES also (makes the math easier when I cover). At times, I start new trade positions with 5 ES, but then I might do several "add's" to my original position and end up with 20 or 25 ES prior to my covering for that particular trade. I will post all trade entries promptly with my protective stop placement (I would say within 15 to 20 seconds of my trade entry). Also, any time I do "add's" to my original position, I will post these orders within the same 15 to 20 second period from trade entry. Just keep in mind that all my trade entries will be 5 ES always, including all "add's" will be 5 ES always. In my realtime journal posts, I will be very clear as to how many contracts and at what price for all my trade activities. I look forward to the fun today! Good Fortunes All! Chris
Chris, Remember, journal for today is here: http://www.elitetrader.com/vb/showthread.php?threadid=22589 -FastTrader