making one point a day?

INTRADAY ES:
In the thread “Is the S&P500 out of gas?” I posted last thursday at 05:36PM:

“I went short 9 minutes ago. I think we will go lower the next hour.”

And at 07:03 PM I posted:
“Just got out of my short.”

Watch the charts: short 1243.25 and out at 1239. So 4.25 points, or at 1 point a day, almost enough for a full week.

SHORT TERM TRADE S&P index:
In the thread “Is the S&P500 out of gas?” I posted on 07-09-05 at 12:04AM:
“We should stay long for at least two weeks from now, as i see it now.”

The first quote AFTER this posting was the open on monday 1212.11.

We went up two weeks and closed at 1233.68.

So in two weeks a profit of 21.57 points or 2.157 points a day.

The postings can be checked, they are still there.

But as virgin said: i'm probably not real.

 

I think this has become an annual occurence now. Someone starts a seemingly innocent thread about "1 pt a day" and it turns into one of these pissing contests. The funniest part about it are the rookies are the ones lecturing the veterans about what is possible. I wonder if any of them have been in the markets during those moments of complete uncertainty when the s**t really hits the fan. Those 1 pt days they were racking up can turn into a bloodbath in a flash.

Ironically, I am more inclined to think that a guy who just opened his futures account might average better than a point a day for a brief stretch and then give it all back in no time. No fear (ie ignorance is bliss)...

 

Sure I will not sell my home even for the best strategy in the world. I've seen strategies with a racket equity line that suddenly fail.\

 

vulture is right-----just another big pissing contest.

the best way to show how to make more then 1 point a day average is to just start a thread {journal thread} and post all your trades realtime for a week--------------------just ignore all the b.s. posts that will hit your thread while you do this {if you have the self discipline to ignore them}. from what i can see here at elite so far, they will come---------hahahaha!

you do not have to go into the specifics of your method, just a general description of the concept of the method you are using for your posted trades. like saying, "here is my linear regression based trading method, i will be making trades from set-ups off a 333 tick chart".

at the exact moment you place a trade then make a quick post to your thread in real simple terms-------

* LONG 2 es @ 1230.00 ---- SELL to cover @ 1231.25 ------ STOP @ 1229.50

that is all that is needed------just keep posting your results REALTIME-------do this for a week and then everyone can laugh at you or shut up.

i might just have to do this myself one week.

 

Macro...

From the sounds of it you will have to post it far more than a week. To prove to anyone who is a 'veteran' trader or refers to themselves as such would need no less than 17 years of daily postings. Even then they may not believe it so....

F**K IT! Dance to your own music, those are the only one who have any fun! As I see it... if you don't pursue the road less travelled, you may never know if it would have made a difference at all!

 

I'm glad you volunteered. I'm having a hard time understanding how your strategy is implemented. Real-time trades or an EOD blotter would be great.

 

the strategy that I trade MANUALLY has never been explained, so how would you not understand it----all I have done is show the charts i use here in this thread?

curious, your very first posting on this 20 page thread and it is directed to me about something that i have never explained here?

my suggestion here is to give spike a way to show his mentioned abilities so he does not have to have this online argument with everyone---------very simple.



protrader-------if i saw spike post his trades here real time for a week and he clearly did more then 1 point a day, why would we need to observe any longer. you can usually tell real fast if something works or not-----------that only takes a few years to figure out.

 

BWAHAHAHAHAHAHAHAHAHAH

That would definitely prove it. Hold on while I put more popcorn in the nuker and get some fiction from reading ET.

Who needs Jane Austin?

nitro

 

that would be much better then sitting in the elite chat room during the week reading useless political b.s. all day, while a person apparently then actually trades.

 

That may be true, but your lie is not diminished because of what you deem as another lie. Look inward for the truth.

Also, those people have nothing to prove as you claim you need to do - they simply do their best to alleviate the loneliness of trading from home, or maybe they don't trade and just need to alleviate their loneliness. Matters not to me as I make my living either way.

Whether they actually trade or not, they have never compromised their dignity. You never see them starting idiotic threads about proving anything or how many points on average they make or don't make.

nitro