Jeff R.'s Trading

Discussion in 'Journals' started by rogersjeff7, May 10, 2008.

  1. thanks! glad to see you're willing to give me a chance, thanks for those charts
     
    #51     May 16, 2008
  2. Doubtfully.

    If you believe that timmay shorted 5,500 shares and made over $1,000 on the trade, the maybe you believe in Goldilocks and the 3 bears too.
    If timmay can prove that he actually made + $.18 on 5,500 shares, I will be the first to apologize and send him $100 cash.
    Otherwise, i'll guarantee that trade didn't happen as timmay described.
     
    #52     May 16, 2008
  3. for the last time, i'm not tim, scroll down to the bottom of his latest blog post, i actually did better than him! (sorry tim) lol

    http://timothysykes.com/2008/05/16/...ll-a-fraud-like-kentucky-usa-energy-inc-kyus/

    seriously last time, please just quit it already
     
    #53     May 16, 2008
  4. :D

    Ok, I must admit I wasn't thinking of volume and liquidity of microcap stocks, I trade in the spot currency market with a bucketshop so liquidity is never a problem 24/7 :)

    It might well have been nickels and dimes but even so, you have to admit it was a perfect trade....
     
    #54     May 16, 2008
  5. Interesting argument, I have quotetraker and I can get the exact price range with shares traded at any 1-minute time frame....here are the results for KYUS:

    2:28PM: price was $2.57-$2.58; volume: 2800 sh
    2:29PM: price was $2.57-$2.58; volume: 2770 sh
    2:30PM: no trades
    2:31PM: price was $2.55; volume: 1660 sh
    2:32PM: price was $2.53-$2.55; volume: 3600 sh.


    3:13PM: price was $2.33-$2.39; volume 15,375 sh

    So with the price move: the range is about $0.25 max, which is plausible, but the buying of 5500 shares at 2:30PM would be fishy. The more plausible number of shares would be 5670 shares, because why would someone come in to take 170 shares at $2.57 (the commission cost would kill this kind of low share trade). The exit time and price is also plausible with 15000 shares trade and even more around that 2-3 minute timeframe at 3:13PM.

    The only fishy part here is the buying time. But that's my take, I just provided the data. As for the argument, I believe its innocent until proven guilty.

    optiontrader
     
    #55     May 16, 2008
  6. I guess my $100 cash is safe. I know exactly what i'm talking about. In REALITY timmay (with the help of tracking software Covester), shows the trade losing -$.01 on average and losing $67. Of course that won't stop fantasy trader rogersjeff/timmay from pretending he made over $1,000 or +$.18 on 5,500 shares on his ET fantasy trade. That's precisely why there's tracking trades websites like Covester to show you what really occured.

    I saw the prints, that's how I knew the ET trade didn't exist. Timmay has a bad track record of credibility, and this fantasy "real-time" ET BS doesn't help his cause.

    Of course, rogerjeffs/timmay can always prove me wrong by posting evidence that the trade happened. Like I said, my $100 is safe.
     
    #56     May 16, 2008
  7. tim's whole post is about how he didn't have the patience to wait for today and depsite yesterday's loss, he made a good trade today along with the rest of us.

    and cabletrader, there are many partial fills in these stocks, my sell order was executed at $2.57, $2.55, $2.53, $2.51 and $2.50, covering at $2.33, $2.34 and $2.37, i posted my average entry and exit

    but i'll never signup for covestor because i don't want to give account access to anybody else
     
    #57     May 16, 2008
  8. Sorry timmay, your nose is growing. Covester paints a very different picture of the "actual" trade.

    Of course, you can always prove me wrong by posting evidence you successfully shorted 5,500 shares for an +$.18 profit or + $1,000.

    Why would you not post evidence? Maybe b/c the ET trade never happened.
     
    #58     May 16, 2008
  9. i posted my trade in real-time, or as close as i could and i'll continue doing that. you go on ignore now because i see there's no satisfying you
     
    #59     May 16, 2008
  10. Oh come on, support and argue your point with reasoned logic, that's what discussion forums are all about! It's no big deal if you exaggerated about the actual size of the trade, I'm sure we've all done it at one time or another :p
     
    #60     May 17, 2008