Say thanks to Jimmy, You just got entered into an arbitrage program. That's probably why you got stopped at 1299.25. Notice that was the peak intraday. Now eminitrader007 can drink his Kool Aid together with the rest of his followers.
Hey Moron: I think it is called fading someone's call not arbitraging. If you think my calls are so bad then why don't you just fade (arbitrage) my calls. Why don't you start your own journal and make the calls. Let's see who does better. By the way I feel honored in a weird way that you think that my followers and I can move the market.
Emini..this is what this 1000 clown is looking for from you....a response...he's just a paper trader with nothing better to do...my advice is just ignore..he'll keep posting as long as you reply...don't give in to the dark side..........You'd rather get responses from real traders anyway..be well
That's what happened yesterday, to take out your stops (couldn't have done it paper trading). Self insults are a loserâs game. I already have my own journal, it's up to you to find it. I am not here to ferment any hatred. http://elitetrader.com/vb/showthread.php?s=&threadid=64910&highlight=guru Just for the followers. By the way, in case you just crawled from out of a cave, you and your followers don't move the market, and it's not for me to honor you.
Thanks for the trades in advance, until you realize how the market works, guess you want to take the scenic route.
1000: No one (and I mean NO ONE) is interested in you or your thread or what you do think or what you don't think about anyone or anything we are doing here, OR the markets in general. If you're coming here to drum up hits for your non-existent url keep a try'in, but just to let you know, if people were even remotely interested in you or what you have to say, THEY WOULD ALREADY BE THERE! Emini: Get it right bro, I'm not your FOLLOWER (and hopefully, neither are these other traders, we are your SUPPORTERS). I find it refreshing how you've come up with a unique and interesting spin on a very old methodology of trading off the Key Pivot (do the math and look at your historical numbers, they aren't always the same but they tend to be very close), after determining the overall market trend (hopefully by looking at the pivot - or value point/range - over the last several days to see how the market is trending). The method most definitely will work over time, because it is how the markets quite often do work (there is more to trading than just the e-mini's). So, I'm trying to HELP YOU to get you to stop trying to "fade the rallies" and wait until the market begins to move in your direction before you enter a trade, hence my previous suggestions of using an indicator (Moving Average, MACD, whatever) to help you determine when to execute a trade which has a HIGHER PROBABILITY of working in your favor. You will find if you backtest it that this one idea will help you become much more profitable. 1/1000th, stay or go away, it's all the same. Best Regards Emini, and looking forward to being in the action with you next week. Below is the info on the S&C article. *** Jayanthi Gopalakrishnan wrote about the technique in Stocks and Commodities Magazine quite some years ago (nope, there's nothing new under the sun). V.18:2 (16-22) Pivot Points by Jayanthi Gopalakrishnan Classic techniques still work on charts at all time levels, and the most basic charting technique is the identification and development of pivot points. Take a look. Cut your losses, ride your profits! That adage should be familiar to all traders, and it may buzz through their minds as something taken for granted but not easy to implement. The pivot point technique can help you do both. Floor traders use pivot points to determine critical price and support/resistance levels. It is a relatively simple calculation that can be jotted on the back of a trading card for easy reference. Off-floor traders who have the luxury of looking at monitors with real-time datafeeds can adopt this technique as well. *** Jimmy
Thanks Jimmy.... Thanks for guys like you, pitbull, cnms2 and few others that have helped me along my journey to trade profitably. I was being sarcastic when I used the word "follower". I have back-tested what you said about trading with the trend. Back-tested it for last 3 months. Have some interesting results. Will post the details probably on Sunday. From now on I will respond to trading related questions only.
All I can say is that you must be out of the loop. May be it is best that way. Can't hand everything over to China.:eek: Anyway, speak for yourself. Self insults are a loser's game. "Drum up hits for a non-existent url," tell me how that can be possible? I'm sure those interested people can speak for themselves. I am just a humble sole, ever grateful and thankful for the life I have.
This is too funny: http://www.elitetrader.com/vb/showthread.php?s=&threadid=67219&perpage=6&pagenumber=9 The 1000Clown does not even know the basics of ES......