you are all aware that his money mangement plan (if a true trading plan) is only effective up to a point, as global (his broker) does not extend this lower margin beyond 25 contracts. So IF his account accrues to $17,500, his money management principle becomes moot as he will no longer be able to add to the contract totals in the manner in which he claims. I wish all the lemmings would actually think for themselves and stop taking things on face value. You all criticize those who have the audacity (My god!! how dare you!!) to question his method and results and then when/if claims of a fraud surfaces (as way too many have been proven here in the past - just take a look at the Jack Hershey threads and the putetick threads) it becomes a cacophony of whiners. Older members of this board have heard it all before and until anyone has proven what they tout is true, they will get dissected and probed. And as referenced to a dubious call earlier today, there is a claim that a short was made at 10am IF price was @ 985.5, which would be VERY difficult to achieve since the high for 9:59 was 985.25 and the high for 10:00 was 985.00. I too would like to see those non-photoshopped account runs. :eek:
Photoshop is how people manipulate the broker's blotter, and why that is not really an acceptable proof. As someone said, without accounting for slippage and commissions, "I got in here and out here" is irrelevant and is nothing more than paper trading. Why don't you go onto Timertrac.com if you are trying to prove anything. Although you have to tell it when you enter and exit, it is independent and free. Collective2.com can do all the complex stuff, and is cheap. That is why you need entry times AND exit times, exit number AND exit price.
How did this one go? I checked the tape and at 10:00 ES was nowhere close to 985.50 <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2523295">
Look, I am heading out, but in response I typed that one faster than in the past, things were happening quick. But I usually say something along the lines of 985.50 "or lower", or "or greater". I usually come back and say where am am in, but that was a winner too quickly. Never said I was in there, please check. I buy at market price, and I don't know where the price will be at the time of entry. That trade I got in at 984.75. I have sent documentation of my trades here to some of the people that had sent me pm's recently, and will send more. I want to let the negativity build up, then I'll destry them all at once. All my trades are posted in advance, yet they still don't believe. Good luck today. Oh, and now I will post my trades on twitter too for those that don't like the entertainment. http://twitter.com/sicktraderII
Even if Sicktrader doesn't hit his objective, he/she is telling everybody when to get in, profit objective and stop loss. Until Sicktrader starts selling something, why all the bashing? I don't see you bashing the ES Journal and there are a lot of live calls there. One other thing for all you bashers where are YOUR live calls and trading recs? Add some slippage to the market order entries and wait to bash Sicktrader until either he/she proves the system or blows out the account. Then bring the wrath!
And the number fudging begins. So I guess you WILL NOT post your runs "later today or tomorrow" like you said, huh?
He meant 985.50 or lower. Let's give him the benefit of the doubt. What we need to look at now is if the price moves more than 3 points in his favor before it moves against him 2 points after the time of the trade he posts. So he can say long at 10:00 Or short at 11:00 etc...