Thunderdog, now that you have named said guru, I shall comment directly on his composition style. Its primary objectives are to put the seeds of self-doubt into the subconscious minds of detractors, and to insert images of limitless easy wealth into the conscious minds of potential adherents. The theory being that the B-Team is largely richly unconscious, and the B-Team largely consciously poor.
Did you mean A-Team is consciously poor? Anyway, what is consciousness? Isn't the A-Team the most unconscious, considering the theory of the bicameral mind, in the sense that A-Team seems to need and want to be told what to do?
Well, dear friends, for my trouble here I have been accused of being a drunk, an alias, a smelly sock, and an A-Teamer. Feel free to carry on. I'm going to have a drink and watch "Rome". Oh, the luxury of being able to kill one's adversaries!
Here are my very modest results thus far trading the method laid out by Spydertrader: I've traded the last 3 weeks using the method. I am only trading 1 and sometimes 2 lots as I am still new. So far, 15 days traded. Zero down days, worst day +50 net, best day +887 net. Avg day +$287.50 net. Nothing spectacular in terms of real dollar figures but when we assume 10 lots, these very same results produce +$43,125 for 3 weeks, 20 lots +$86,250, etc. Now, if we compare this to most stocks, the ability to scale up from 1 to 20 (1000 to 20,000 shares) its nearly impossible w/o affecting the stock (getting in and getting out) but going from 1 lot to 20 lot will not effect the ES.
Brilliant analysis, thank you so much for the life changing info. I read up on the subject actually, reading up on subjects is one way to go, I henceforth bequeath the power to you to pick a subject and read up on it. You will thank me some day.
You are heavily leveraged, what happens if you are on the wrong side of the trade during the next 9/11 and your margin money won't cover the loss? Does your broker come after your assets or write it off?