JR, this method is great, but don't you think you are being a little harsh on the range-bound thread? What is wrong with having another tool up your sleeve? I found the range method quite simple and logical and have already used it to pull $100 out of a contract today, when it became clear that we are facing another crap day for the time being. I very much prefer your method, but I want to be able to get by in all conditions. Edit to add: Make that two trades worth $100 Edit again: One more trade for an $80 loss, finishing my morning session up around $200, the ideal result of a good breakout trade.
I thought that you were actually trading it( paper or real ) and kept a log of all trades . If you decide to keep a log, what day will you post summary of trades like total profit for a week, W/L ? Perhaps every Friday ? Thanks, Walter
And why, Walter the deaf, do you keep asking others to do what you won't do yourself? You have yet to post the details of any strategy of any kind. If and when you do, perhaps traders will be more responsive.
spiders, the 1/10th of the SPX that trades on the AMEX. Sorry for the mix-up. If the SPX is at 1007, the SPY will trade at about 101.4. It's 1/10 the value of the index, and then add about .6
Since you made it personal by calling names, lets go. I am talking to Johnny you dodo bird so get lost. And I did post 4 weeks of papertrading with method fully disclosed and summaries, you lying piece of shit . Loose your blindfolds and get some rabies shots. Welcome to the ignore list you dummy! Walter
I do not care about profit figures, I just want to know how many trades this method generated since first post and how many winn and losses. I am fully aware that profits will be different for every one trading it since it is not a fully mechanical system. Walter
That's how it works with the beginners at ET. They always want to know others' results so that they can decide whether or not the strategy is worth their time. They never grasp the fact that they will never match the results of anyone else, particularly if it's the originator of the strategy, and that whatever results are achieved by Elmer or Beulah have nothing to do with whether or not the strategy has potential. In other words, rather than examine the legitimacy of the strategy, they look for recipes, as usual.