SP500 - High Probability predictions for 2016

Discussion in 'Stocks' started by Autodidact, Jan 4, 2016.

  1. Stewie

    Stewie

    I'm with IB as well and I do agree that the U accounts are live, and the D accounts are the paper trading ones.

    You can say all you want about your own reasons for not being timely, but the fact of the matter is that when you sold, it would have been just as easy to post it at the time. Don't be a dick and say there is something wrong with everyone else for pointing this out when you're the one with the late posting of your exit. You probably never want to admit you are wrong but if faced with a simple question, which is better, posting an exit right after it happens or hours later.... which is better? Look, you clearly want to get your ego stroked, its the only reason why you are posting these things, so if you want others to be impressed, you're going to have to do a better job with your future calls.

    Furthermore, why does this attached image not take into account the extra contracts you added to get a slightly different average price you mentioned earlier? Here it looks like you entered once and exited once, but you clearly stated that you added somewhere so your average entry price was different.
     
    #111     Jan 13, 2016
  2. schizo

    schizo

    No, you claim 95% accuracy.
     
    #112     Jan 13, 2016
  3. Stewie

    Stewie

    One more question if you don't mind, cause I'm having trouble here. You say you're in Florida, so that is Eastern Time.. correct?

    You made a post here at ET on Sunday at 18:38 that you went long at 4243. Is this correct?

    Then you show a timestamp from this same day at 19:41, filled at 4236.50.

    Then you show today that your average price was 4236.60. Now this average is 0.10 higher than the lower of the entries, which would make you assume that most contracts you added were at this lower price of 4236.50. But you already said that when you bought at 4243, you did so in a number that is a multiple of 5.

    If you got 10 contracts at 4243, and 10 at 4236.60, your average price would be 4239.75. But your average price is 4236.50, which doesn't make sense unless you can share how many contracts and at what price.

    And once again, this isn't how your post above looks which seems to show only one entry and one exit.

    Feel free to say you are using multiple accounts cause I don't know how else to explain this. I haven't traded more than one contract so I'm not sure how this would look in a statement so please do correct me if there is something I'm not understanding.
     
    #113     Jan 14, 2016
  4. Autodidact

    Autodidact

    I'm a position trader, swing trader and scalper (when I choose to daytrade), in order to achieve this I need to use multiple accounts because many times the positions collide in direction, I also trade for some close family members but that's a different issue.

    I posted the swing account, and yes I'm located in Florida.

    BTW, it seems the DEMO account ends with F and not D.
     
    #114     Jan 14, 2016
  5. Stewie

    Stewie

    Fair enough, but then wouldn't you say that it would be easy to fake these time stamps? You can go long and short at the same price in two different accounts and then just choose whichever you plan to post later.

    Listen, I have nothing invested in this. I'm just a simple guy trying to learn. Schizo's posting have been top notch, 100% accurate. I've been charting his trades for many days now and each one lines up perfectly. Sometimes his exits are at the worst possible place because that is the nature of trading live when you don't know what will happen next and your exit might be at the highest or lowest tick. But its all very real.

    What we have with you now is multiple accounts and an exit that was posted hours later. I'm not saying you're lying, but if I'm going to play devils advocate, none of this is good enough, simple as that. Tell you what... send me the $5k and I will hold it until we get all of this sorted out. :D
     
    #115     Jan 14, 2016
  6. Autodidact

    Autodidact

    Then you would be giving no value to the fact that my long entry was close to weeks low, before today's drop of course, and the exit, close to week's high.
     
    #116     Jan 14, 2016
  7. Stewie

    Stewie

    My live trading account starts with U and then 7 digits, and my paper trading account starts with DU and is 6 numbers but nothing on the end.
     
    #117     Jan 14, 2016
  8. Stewie

    Stewie

    Your entry was great, that I admit, and it was posted in a timely manner. Your exit, although great, was extremely late in terms of posting.

    The fact that the averages don't make sense to me is a problem, and if you're trading all these different accounts, it makes things extremely hard to follow since your posts don't all seem to be from the same account.
     
    #118     Jan 14, 2016
  9. Entry Long: 1990
    Stoploss: 1890
    Target: 1915
     
    #119     Jan 14, 2016
  10. Stewie

    Stewie

    A 100 point stop and a target below your entry for a long?? LOL... I'm sure there is a typo in there somewhere.
     
    Last edited: Jan 14, 2016
    #120     Jan 14, 2016