You can call this thread anything you like. I wish you follow my advice on 1-2 trade(s) per time, your journal would have been the best on ET but for your trading style; while you have great calls, I doubt traders can follow the track with you. I still respect you regardless...., however, time will tell. And your allegation that I didn't get any trade across to you; does that even make sense to you? I sent you a PM giving you a big thumb up for NTES which propelled me to revert to my old trading style, yet you feel I should send you picks? Don't lower your rating, I rate you much higher than that! I'll suggest you don't close your journal cause your results are impressive. edit: BTW: I check all stocks recommended on this board to see if they meet my criteria. In fact, I found spytrader's recommendations amusing because they follow my technical set up, albeit with different technical tools.
Alright, alright. To be fair to Iceman1 even though I can never follow his journal of trades. Hey iceman when are you going to come back on the thread and spoon feed us some of your brilliant trade ideas again!??? By the way, Iceman1, I agree that some of your picks are good, but don't forget you traded like crazy with AAPL stocks and options, and at the end you were only either break even or slightliy in red.
He made great calls but pple weren't paying attention. In fact, I wasn't paying attention until I checked LLY called by Cluseau and NTES by Iceman1. I remember Cluseau saying that he believed someone would try to sell LLY 30 Calls because according to him the stock was going SOUTH, so my thought that the stock was range bound was posted which Iceman1 agreed with......However, I was engrossed with many other stuff bordering on brokerage firm set-up and all, that I only popped in here to check for updates....saw NTES and some other stocks recommended by Iceman1, checked them out and penned NTES for a possible break out (Iceman1 recommended straddle but I bought Calls). But I was travelling and not on my desk so I couldn't take the screenshot........Why make noise over trades that were not made public? That's why I didn't post my returns on other trades but with recent developments, I will start posting potential trades whether they are ready or not..... Please, I'm not cut out for news and commentaries, I don't do it. I am purely a technical trader. If there's any fundamental touch in my method, it is that I don't get in the market on Monday morning, and I've lost once to a gap down against me -FDS August 2003. Aside that, I bet on market's direction. My attempt to capture intratrend has taught me some serious lessons, so I had to calm down before I reverted to my old trading style. I know my risk tolerance but what of traders who might be interested in my picks? That's why I dont want to goof on ET.
assman1: Shame on you! Multioption doesn't deserve your arrogant and disrespectful posts. He took a challenge, failed it, and was honest about it. OTOH your posts don't show clear trades with entries and exits, they're mostly ramblings. I concluded that they're a waste of time, but I kept my impressions for myself. You should learn to show the same elementary courtesy to the others. I added you to my ignore list: assman1 OUT!
Multioption, are you in any other trades now? The PAYX Mar 37.5 calls are now 0.90/1.00. Is now a good opportunity to buy now? Thanks!
Is Multioption coming back? I enjoyed reading his option picks. This thread appears to have been "hijacked" by other members with their own agenda.
I'm holding PAYX March 37.50 Calls. May buy more Calls and hold it until stocks on my watchlist are ready. You may buy PAYX Matrch 37.50 Calls if you so wish.
So it looks like iceman1 was running the ship on this thread and coming up with the good picks. I see he took his ideas and created his own journal.
For those interested there's a new thread discussing ADX and MACD based trading: http://www.elitetrader.com/vb/showthread.php?s=&threadid=64191