Giving up on day trading?

Discussion in 'Professional Trading' started by Badeco, Sep 24, 2010.

  1. ammo

    ammo

    you will have to pull up the tape to see how his calls worked out ......wave on 5/28 nailed every move n the es within .50,he doesnt share like that every day but there are plenty of tape readers who can churn big bucks daytrading, watch time and sales and set it to 100 minimum lots,you will see 100's and 200's being scalped in the morning , and the afternoon,skip midday...you just start one of these threads every so often to stir things up http://www.elitetrader.com/vb/showthread.php?s=&threadid=64965&perpage=6&pagenumber=14244
     
    #51     Sep 28, 2010
  2. Livermore also said the following:


    " I think it was a long step forward in my trading education when I realized what old Mr Partridge kept on telling other customers, "well, you know this is a bull market!" he really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and it's trend."


     
    #52     Sep 28, 2010
  3. Redneck

    Redneck


    Ahh PSPR patience my friend – it is a trader’s good friend


    Let’s use some of that psychology and common sense I spout on about and see if we can come up with a possible why



    Maybe the responses overwhelmed him and he’s changed his mind…. Dang if that many want it maybe I should not share it

    Maybe he needs time to dissect his material and pull out the stuff he’d rather not share

    Maybe he’s sent it out to some – other than us

    Maybe he got busy and hasn’t been back to check out the responses

    Maybe he’s seen the responses but hasn’t had time to respond

    Maybe he’s lost interest

    Maybe he was BS’s us



    Not judging, just considering the possibilities – then deciding the next move


    Mine – sit on my hands and observe….. We’ve place our bet – so now we sit and see if it turns out profitable…, or not…


    ----------------------------------------------------------------------------------------------------------------------------------------------------------

    btw Thank You for the kind comment

    RN
     
    #53     Sep 28, 2010
  4. Redneck

    Redneck


    I wonder sometimes if he’s not a plant – whose sole purpose is doing just this….

    I just can’t see any person holding a grudge so long…


    Be like me joining a running forum and saying no one can run 26 miles… over... and over.... and over... and over......

    pfffftttt
    RN
     
    #54     Sep 28, 2010
  5. pspr

    pspr

    Yes, all are logical possibilities. We've made our pleas to his offer and only time will tell. I really can't blame him either way. If I had spent a decade or more refining a workable system would I be willing to share openly with others the path to enlightenment? Possibly not.
     
    #55     Sep 28, 2010
  6. scalping is alive and well!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    only its you that's getting scalped.

    (c)2010 Stock777

    [​IMG]
     
    #56     Sep 29, 2010
  7. ArkhamB

    ArkhamB

    Where can I find these 30 plus rules?

    Thanks
    Brian
     
    #57     Oct 1, 2010
  8. ammo

    ammo

    mine is 120%
     
    #58     Oct 1, 2010
  9. :D
     
    #59     Oct 1, 2010
  10. ammo

    ammo

    was waiting for someone to ask how, the answerr would be LIE
     
    #60     Oct 2, 2010