I don't need to see a guy document his trips to the roulette wheel. This thread has nothing of value for anyone with any sense whatsoever. He was going to be transparent... and flakes on the first trade. The trade logic behind the 8-lot was the 15m bar low on yesterday's chart. lol.
That in itself is a problem. There is nothing wrong in being driven and ambitious. But this quest for the 9900% annual return is just a publicity stunt. Clearly, the OP seeks some sort of fame, which explains the premise of this thread and his "photo ops" moments next to some cars and high school girls. It just looks and sounds childish to me.
The real question is why most ET members are systematically ridiculing any member who tries to turn a relatively small capital investment into a decent amount of cash in a short period of time? Anyway, I have to get back to my charts and see if I can find a trading opportunity somewhere.
He came in overly confident, trying to impress with some chart markups and long winded paragraphs. Then, he goes MIA after his first trade is an over-leveraged turd of a loser. How anyone can even remotely be in this dude's corner is beyond me. I'd be rooting for him if he came in and said "I don't really have a clue, but I'll try buying this previous low.", and then later said "Ah, that trade was a loser, I'll be looking for another opportunity." That being said, I subscribed to the thread....
That is not what I see here (for starters, I'm sure "most" ET members don't give a shit). More to the point, read the OP's own posts, and read what he himself said about how he planned to manage the trade, and then compare that to what he in fact did: - emphasis added Did he take the losses? We don't know, because he disappeared. Why did he add on the drop? He was going to add two contracts if price moved above 92 and his four were therefore showing a profit. If the "trend" started to "buckle" he stated his plan was to exit. Why suddenly does he double down, i.e. buy four more contracts when he is already well underwater? I'm all for anyone who tries to go on a run, pressing his bets in an attempt to score a big haul with a small starting stake. But to do it requires discipline, bank roll management, and the ability to recognize when you are going on tilt and the ability to stop yourself before the damage becomes crippling. And you can't fault "ET members" for paying attention, can you? lol
I know he entered a trade (at least he said he did) - so I really don't even know this I know the trade went against him (assuming he actually entered) I know that he did not honor his stop I do not know..., if in fact..., he averaged down - I could be wrong on this one - I've been wrong before.... and I'm certain I'll be wrong many times again..., before I die Fact is - he did not honor his stop All mouth - no ass to back it up with (all hat.., and no cattle - in my vernacular) Go re-read TW's post 6 or 7 thousand times - maybe something will sink in Not to mention - taking a small / BE stop - IS NOT taking on unnecessary risk But then a trader would know this Like I said - all mouth - and no ass to back it up RN
And what if his mom simply told him to pick up Aunt Rachel from J.F.K. Airport and drive her to Boston? Think about that for a second my dear Sherlock Holmes...( or should I say Doctor Watson? )
You misunderstand my intentions. I have more than a passing interest in the whole notion of taking $10k for a run. And threads like this, of which there have been dozens at ET alone over the years, do a lot of harm to the idea of the possibility of success. Your continued defense of this particular case is at cross purposes to what I think you are trying to defend. So why not pull back from the keyboard for a bit and think about it a while before spitting another useless post back at us.
http://www.wickedfire.com/shooting-shit/180001-jp-grunin-10-000-100-000-6-months-3.html#post2182917 He acknowledged his loss on the other forum. Undaunted at the -62% loss for the day. He was actually 10 cars short "4-4-2",Transferring remaining balance to TOS and says will be trading options to build acct balance back up. No comments on "his' website though, probably hasn't quite decided on the spin for that one yet. Yawn, as anticipated, yet another narcissistic journal comes to an end before it ever gets off the ground. @ xelite, why did you post funny images to this thread after complaining to the mods about the integrity of this thread resulting in a mass moderation of posts? The Audi, links to other forums which depicted his narcissism etc.. If you set a standard, you should live by it.