54 add posted 12/22....12/27 between 12 and 1 am covered a 1/4 at 49 by phone ..not posted...stopped out at 65.75 on opening on 3/4 position.... flat
He is actually worse than a joke. He is missusing a possibly very valuable system. Back in the summer he was right 80-90% of the time, but instead of using his prediction as target he has been using it as entry. He could have made 5+ pts per entry, had he listened to a few of us. Instead he was making 3-4 pts per month. Now his hitting average is down to something like 40-50%, so he is very inconsistent. Still with a 2-3 pts stoploss this could be made a profitable strategy. Today it gave 3+ pts as profit from the time he posted until the target. It almost doesn't matter that you missed the entry by 1 tick or 2 points, the bottomline is that you MISSED the trade altogether....
http://www.elitetrader.com/vb/showthread.php?s=&postid=2949160&highlight=ammo#post2949160 emg rarely trades es
It does not matter, you made no money. And what about the flash crash fiasco, you think we have forgotten about that one ? I might not be a stellar trader but I don't lie like you OBVIOUSLY did that May 6th day.
Very wise. But if you miss a profitable entry consistently by 1 tic, then move your entry by 1 tic. This is quite different to moving it by 2 points.