Actually I was looking for the funny reason you have to make up to not call it out. At least you didn't go for the easy option of saying you don't want to give me a free edge. So you get some marks for that. 2 points.
Most noobies are not afraid to call out because they believe there's 50-50 chance of being right. For the less noobie, they know the chance of them getting wrong is close to 100%. So they don't call out even if their lives depend on it.
Thanks Joe, and tomorrow when I have more time I will post my response to your post on the last thread, where you explained your actions towards the OP. Trust me, you will enjoy it. Cheers John
Handle123 used to make a lot of calls in the following thread: http://www.elitetrader.com/et/index.php?threads/es-journal-2012.64965/page-1287#post-3655676 I was impressed by his anticipatory entries risking 2 to 4 ticks for a profit of 4 to 8 ticks. He usually made the calls five to twenty minutes, before ES touching his entry price. By my estimation, his win rate was over 70%.
It sounds like Handle 123 cashed in for approximately 2X his stop over 70% of the time. Nice trading. Particularly nice in ES because you can keep increasing size, even on scalps, until you are trading big money. I would love it if someone could give me an estimate of the size needed to cause a problem for a 4 to 8t ES scalper. I know it's a big number but I have no sense of how big.
%%%%%%%%%%%%%%%%%%%%%% E Joe; Sure, on trend change calls;enjoy the accurate trend change,[call, in writing] in late 2007// early 2008=its a bear market//downtrend , you know.LOL [ SPY-200day moving average closes].Fun but true.====================================================== And while its fun to increase size during drawdown; many times a position loses money cause trend change$ .NOT so much of a good time to increase size.LOL
If you have made a loss, then trade with a smaller risk on the next trade/s until you have made your money back, then you can increase your risk again.