I prefer to not get into a contest in this guys thread. I basically just wanted to say that Technical charts do work in futures. Stock index futures do not trade like individual stocks, they are different in many ways. That in itself requires different thinking, strats, tactics. When someone says something does not work.........that person should not feel so bad that they must proclaim no one else can succeed in the same field. I shy away from defeatist people in my personal life. Britain was the beginning of the downfall of Hitler when a few British fighter planes fought off the Krauts against all odds. Churchill said that in the dark days when England fought alone against Hitler, he found it a tonic to escape the defeatist atmosphere in the London offices and get out among ordinary people.
Godwin's Law is an observation made by Mike Godwin in 1990 which has become an Internet adage. It states: "As an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches 1."
Ironically I trade futures but at the end of the year Im BE or barely positive, depending on the year. I trade price and volume, that's it.
So just because you can't trade it no one can? No one has to prove anything to you, and no one has to stfu. Please keep this thread clean and move along. How was your week Lescor?
Thread is good no doubt but that's because Lescor backs up his claims with constant weekly blotters. Who does it on futures on ET? They don't or they say something stupid to avoid it like "No one has to prove anything to you"
I'm not a member of the ATS or anything, but as a follower of this thread, I'd like to say shut up to the naysayers, as well to those who wish to further debate the ES vs stocks issue. There are plenty of threads for each. Please go away.
I would need to agree with Nexen to some degree. If someone is going to make claims, be a f---in man and back'em up. Dont make claims, then get mad because someone called you out, by attempting to hold you responsible. No, you don't have to proove you make some $, but now you have to proove your not a pussy. The choice is yours. I know Lescor is legit, my posts doesn't apply to him .