creditcard's turning point strategy make 1k to 600k

Discussion in 'Journals' started by creditcard, Jul 12, 2016.

  1. Why don't you accomplish that feat first -- then explain/brag about it.
    ...Rather then tooting your own horn prematurely :cool::confused:

    I'm not saying your method is right or wrong, I'm just sayin. I infact hope you accomplish that miracle. I wish you luck/success.
    All you need is one big win in this business -- to forever be defined as a legend.
     
    Last edited: Jul 12, 2016
    #11     Jul 12, 2016
    Gotcha likes this.
  2. creditcard

    creditcard Vendor

    briefly explained the first trade

    I entered gld July 15th 128put on last Wed 11:02am when gld at 131 and now if you went back check the GLD charts, it is the top.

    With all the bullish sign on Gold Friday close, on Saturday, I said gld will open low on next Monday at 129.14 and close 127.33 in the thread http://www.elitetrader.com/et/index.php?threads/turning-1k-to-600k-by-the-end-of-july-2016.301092/
    Sunday night gold futures gap up go to 1376, not all the algorithm can say open at 1353 on Monday

    Monday did see 129.14 around 9:10am pre-market time, but did not close 127.33. System on Monday night recommend out at 127.33, that's why I sold at 1.2 today 11;59am
     
    #12     Jul 12, 2016
  3. creditcard

    creditcard Vendor

    Thank you for your blessing.
    It is not really big deal whether 250k or 600k, to me, just need to change the strike price, that's all. To those mean person, the only way to make them uncomfortable is to accomplish the thing they thought impossible
     
    #13     Jul 12, 2016
  4. creditcard

    creditcard Vendor

    Explain the second Trade

    I am holding 20 contract spy 214 put expire in 3 days July 15th for 0.55 before market close today. Now I am telling you spy has topped 215.30, and you might want to argue with me say what? spy just break out all time high, you will see 217,220,230...

    Let me show you my algorithm, spy has topped today at 215.30, in this Thursday, you will see spy 212.10, ES around 2117, YES, 2117 not any previous support or resistance. I am going to out my 214 put at 2.0

    Then the next question become what level this top mean? is it retrace or big drop will coming, how to trade ES or spy next? I knew the answer, but I am not telling you unless you pay for subscription.

    forget to show second trade on C2, doesn't matter, C2 is just the platform I charged your credit card, The detailed trade will discuss here

    Last trade will show on C2
     
    Last edited: Jul 12, 2016
    #14     Jul 12, 2016
  5. What the h-e-double-hockey-sticks is going on in this thread?

    image.gif
     
    #15     Jul 12, 2016
    d08 likes this.
  6. userque

    userque

    Well, you made it a big, entertaining, deal. :) Glad you're back, btw.

    Aren't you 'proving' the mean persons correct by reducing your original claim by over 50%? So, if you do get to 600k, I guess your claim will be: "I told you so!" And if you get to 250k, I guess your claim will still be: "I told you so! $250k, $600k, same thing!" Or will you admit that the mean persons were right in the latter case?
     
    #16     Jul 12, 2016
  7. Your cost basis is only $1,100 on the second trade. Wasn't the idea to take the proceeds from the first trade and use it on the second trade?
     
    #17     Jul 12, 2016
  8. I don't normally respond to these kinds of threads, but I see you've paid for a vendor badge.

    I don't know if there are terms and conditions to being a vendor, in particular making outlandish and unsupported claims about performance and promoting trade sizes that are far in excess of what is safe or optimal, but there ought to be.

    In case some poor deluded uninformed person is in danger of handing over money to you I for one will be reporting your posts and asking for them to be deleted.

    If you can make that kind of return you don't need the money off anyone else.

    Let the suckers on C2 pay you if they wish to.

    GAT
     
    #18     Jul 13, 2016
    nonlinear5 and K-Pia like this.
  9. creditcard

    creditcard Vendor

    well, you could say that was part of account management or risk management
    To me, the first trade showed the gld top, the second trade will show spy top, the third trade will show large gain.
    I use half just in case the second one got screwed, and I still have chance to show you the third trade
     
    #19     Jul 13, 2016
  10. creditcard

    creditcard Vendor

    People is not that stupid, $999/month is not a small money, to tell you the truth, I don't expect single one person subscribe if my trade failed

    The claim might be bold, but the trade size and strike price chosen is not unrealistic

    I traded with a reason and I wrote the reason and target before I placed order
     
    #20     Jul 13, 2016