I would also add to Nick ... If I were you i would carefully, read Lucid's comments on page 41 of this thread...the pattern sounds familiar. You obviously are very talented...my mouth dropped when i saw the numbers...I do not know how Blue could of had ANYTHING to do with it. He has shown a talent for being WRONG most of the time. I would ask myself is he really making a contribution?..or are you imagining it? or are you just trying to stick up for your friend seeing how relentlessly he is being bashed? and most important ...is he REALLY a friend or just USING you? You should know..I can not say...but one thing i do know... You are dealing with a snake. He has forked tongue....as i think of it now maybe he actually DOES have a forked tongue. ..It would help explain how he so mangles the English language. Anyway be careful.
Fib I wonder how long you have been in FDT ..can you say? If you have been in there for more than 6 months and have any ability to reason..than you know beyond a doubt that Blue cannot trade profitably. Do not harbor doubts about yourself....don't be mislead by your fellow members who claim some success....these are the same ones that hawk trialers to sign up..to waste there money to enrich the crook from Iowa. "today is a hard day" the guru says...seems everyday is a "hard day". I feel bad for all those that are beating themselves up because they are losing ... despite their endless time spent listening the ranting of this lunatic still "can't get it'. This despite "reorganizing their notes' reading the"Abundance" book the "Gratitude" book again and again!!!...nothing they do works!!!....It's not working for you ...just as it doesn't work for the "guru"...why?..Because it straight out DOESN'T WORK!! It is not your FAULT. You had hope and belief and handed it over an accomplished CON MAN who violated your trust and took advantage of it to stuff his pockets. It is that SIMPLE PEOPLE. I am sorry believe me...I got hurt too but there comes a time when you have to face the truth. Whether you do that now or later is up to you. There is no denying that you will have to face it eventually.
blues trades in the room to day 07:26 @Blue Falcon: first trade short 1452.75 cover at silver level trailing stop at breakeven ( 4 p ) 10:54 @Blue Falcon: trade long 1459.25 cover at silver level trailing stop at breakeven ( 24 p ) 12:31 @Blue Falcon: trade long 1460.25 cover at silver level trailing stop at breakeven ( 80 p ) Total $ 5400 he can make money constantly Remember, we all believed in Blue, he is the best trader of the world
When ever I see this kind of comment about how well Blue traded...I know that this an example of real time "RETROTRADING". This is blue's specialty...After the move is underway he will pipe in and say "This was a perfect example ...blah blah blah..." ALWAYS after the fact. He is never at a loss at identify moves AFTER they occur and give the impression that he took these trades while they were setting up. You will NEVER hear him say let's BUY or SELL a specific number..NEVER. On the few occasions that he does make a specific call ..he is smacked down. He is a master of illusion..I myself thought oh yes what a great call..when I began writing down the specifics of what he said ...I saw clearly that he was making it up as he went. I challenge you to write down specifically on paper what Blue says as they relate to market calls. If what you write down resembles anything that he later claims it would be a first. Trader 100 you are a newbie and still under his spell. Really I can't fault you. Believe it or not if someone was bashing Blue when I first started I too would be here defending him vigorously ...that is how ardently I believed in him...he makes you feel that way. After a few months and it probably takes maybe 6 months..you will see things differently. You will reflect back on your post here and think how stupid you were. There a lot of stupid ones...don't feel bad. Good luck and I hope your journey will not be too painful.
Trader 100, I have to correct you about Blue's trades today. He did indeed post to the room the first trade (pre-market) that you described. I did take this trade with two contracts, I got filled short 52.75 at 7:34, I covered one at 51.75 for 1.00 pt profit, and the other lot I had a profit target limit order in at 51.25. The market pulled back to 51.25, and then took off, without filling my order, so I followed the instructions for a silver trade, and got stopped out with -1.00 pt on second contract. Total for the trade was break even, and not 4 points as you describe. The two other trades you mention, I never heard Blue call those. On the contrary, he was talking about short at the time you claim he made those calls, and several people in the room were short at that time. But to make sure, I went back and checked the log in the room, and there are no such posts as you claim, Trader 100. You just made those up. Trader 100, I have to question your credibility. I was in the room all day, and I listened to Blue all day, and he simply did not make those calls you are referring to. Yet, you are posting to this forum with time stamps and everything, like you are copying from the log in the room. Why are you posting lies to this forum?
Lafcad, LOL, thanks, no problem there, I stopped drinking from the office cooler a long time ago. The day the belief cycle ended was the day I ran my test on his open v H/L component. I ran it on several different contracts and on the continuous contract going back 5 years. I think it averaged out to the high 40% area, not the 80% as claimed. But I kept at it just to make sure and kept records of my paper trades as well as blue's calls when they were clear. Nothing panned out. So my days of hoping and dreaming are long past. Unfortunately, you, yogi and others are the majority and not the exception, but I wish it was. Trader 100, Losi's right, where did you get that? (Although admittedly these days, I often have the room on mute). Besides, how do you get a 84 point run on a 32 point range day? And during lunch no less. Here I thought you were an innocent lamb. Not so innocent, are you? Onto something a bit more positive. For those looking for terrific thread by someone who seems like a very solid trader and truly wants to give back or as he says "pay it forward": http://www.elitetrader.com/vb/showthread.php?s=&threadid=99283&perpage=6&pagenumber=1 It's almost a free mentorship. Good luck to all!
Trader 100 you are dead wrong about your calls. I write everything that he pukes out of his mouth and nothing you have said is true. The only one that is true is the one that losi said. Also he said to the short 62.5 and what happened shot the other way. If you are making money there is no way you are doing what he is saying. I have it down on paper, yesterday he said at the same price I would short here and then a few seconds later he said long. Then when it does whatever "you see i told you". You and whatadummy are made for each other. All kidding aside Everyone in here that is fighting with you really feels bad for you and the rest that do not see it yet. You will be hurt more then you know. You can stick up for him as much as you want but if you write down everything he states you will see it is all smoke and mirrors. Did you notice when Npicc was asked questions like, were you a good trader before do you use any of Blues system he never answered. Do you really think anyone in here is going to believe you are making 80 points a day. You are hurting people by making them think this can be done. He will tell all the new guys in the room how great you are doing and then, it is time for the new trail. You feel like the teacher's little pet, you go into the free trial and more poor people will lose money. I say this and i cant speak for anyone else but i think they would agree. I will bet, you can not get the people he is trading now to come in here and say, yes i am making money because of Blues system. I know almost each and everyone in here, they are down and cant put this together. If you people dont mind being hurt that is fine but dont help him and bring other poor people in. It is not as easy as he makes you believe when you first sign up. He has double talked for almost two years now and has made it an art. Give the new people a break tell them the truth. AND STILL NO ONE HAS YET SHOWN ANY PROOF, NOT ONE PERSON NOT ONE. Dont you think that is strange or are you few that dumb.
I wonder if we could get someone to write down whatever calls Blue makes over the next 3 days and report the results in this thread. I think it would be interesting....NO AFTER the fact trades...you know the type..after the horse has left the barn and then saying that was this "setup"....NO " I would rather short above here some three points away, and then when it immediately goes down...."there's your silver"...NO post 9:45 Premarket rap ups..."I hope everyone had that" ....and NO why you should of shorted or bought the open AFTER it happened. You MUST write down the calls on paper and then note what the calls did. If you want to tell us he said it was another "hard day" (and I bet he will) , well that would be gravy. Anyone up for the challenge?
Anyway, I've made some money, lost some money but I'm learning, making progress, and sincerely appreciate your daily alerts and the Abundance Book. Great information. Stepping outside myself and watching my behavior and thinking on those losses I've had, I see that I hang on too long to a position...not adherring to those strict stop-loss guidelines that I set for myself, or not paying close enough atttention to subsets, or hoping that things will turn in my favor if I just wait a little longer. It is what it is, no matter what I'm hoping for regarding movement of a particular contract or how I "think" or "hope" the market may move. When I'm making the right moves to buy and sell profitably, I'm watching for your support and resistance lines and buying or selling appropriately, keeping "noise" to a minimum. I've also learned the value of taking those tight profits that are there rather than letting greed get the best of me. I continue to study and presently I'm learing as much as I can about the Daily Numbers (Trade Sheet). But the daily alerts and strict discipline to those profit goals set, and the stop-loss that I set, provides the vehicle to learn, study and gain a little more knowledge each day and trade profitably as well.