Inventory Grab Alert 4/30/09!

Discussion in 'Trading' started by AMT4SWA, May 1, 2009.

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  1. I just checked AMT's blog in which he posted that he took a short off 993 touch. For a position trade, I'm assuming he used the CDV from early November, the last time we were at that price level. It's likely that we'll have ample retests as we continue to climb higher, otherwise CDV is out of reach (my DB only goes back to March).

    PS I asked AMT to add the ability to comment on his blog. Until he does that, well, this thread may continue to serve as an idea exchange medium (as well as entertainment, of course...)
     
    #2371     Jul 30, 2009
  2. bighog

    bighog Guest

    Auction results are out. ok, thats over.

    Now it is time for this thread to also be over and moved to chit chat.

    Amt is an ok guy and if he makes money on a website, good for him. But it is time to move on you guys. I for one was always skeptical of those that say this high or low was a winner when taken in middle of the night and after taking more heat than the devil himself. there are easier ways to cook a goose.

    SEND this spam now to chit chat.
     
    #2372     Jul 30, 2009
  3. jjf

    jjf

    If you do not comprehend the AMT method then presumably you are rational enough not to try and trade it.
    In which case what on earth are you doing on this thread.

    By the way, how did you get caught short in this rally.

    jjf
     
    #2373     Jul 30, 2009
  4. jjf

    jjf

    It is no big deal really.

    Ken probably made 10 points Wednesday, thereby maintaining his perfect 10 point average.
    Even if Wednesday sagged to 7 points he will make 13 points today to maintain the perfect 10 point average.

    jjf
     
    #2374     Jul 30, 2009
  5. You are mistaken. Ken will know next Friday (tomorrow) how many points he made on Wednesday, and it will be Monday, at the soonest, for him to let us know how many points he made tomorrow.

    All this past and future trading confuses me a lot since I live in the permanent now. Excuse me for my possibly large stupidity. Can anyone teach me how to make 10 points per day in the now moment so that I can back to shikantaza?.
     
    #2375     Jul 30, 2009
  6. we all got our 10 today? :)
    I post mine in the ES journal most days. 13 points today in fact....live! Check it for youselves. One thing talking about it and another actually proving it, eh Kenny boy ? ;)
     
    #2376     Jul 30, 2009
  7. jjf

    jjf

    Try and see it this way and I think you will find the picture much clearer and less likely to make your head hurt.

    Ken knows how many points he will make next week and the week after that and the week after that ....
    Yes, you guessed it 10 points per day average = 50 points per week.

    Because he knows the outcome there is hardly much point in Ken trading, and so he doesn't.

    Instead he spends his time telling ETers that he is averaging 10 points per day.

    See how your head has stopped hurting already

    jjf
     
    #2377     Jul 30, 2009
  8. I understand. I guess that rules out Ken as a possible mentor, and delays my return to shikantaza. Another dissapointment. I never imagined trading would be that difficult. I have been looking for a profitable trader mentor for 7 days already, and not even $37 per month seems to be enough.
     
    #2378     Jul 30, 2009
  9. jjf

    jjf

    Disappointing for you really, as in true zen style you have put yourself everywhere and nowhere.

    Still don't give up as you are within the hallowed heartland of trading....namely ET

    Perhaps if you offered a stimulus in the order of 37.25 you might flush a mentor out of the ether.
    I am sure you could clawback the 37.25 from the US Treasury, since everyone is doing so.

    jjf
     
    #2379     Jul 30, 2009
  10. I think I will spend the $37 in a bag of rice and go back to meditation for at least two weeks. This "trading" is entirely too stressfull. Thanks for the valuable information about Ken's past-futures-traderless-trading.
     
    #2380     Jul 30, 2009
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