Sorry Pabst. Your call was wrong. However, I don't have anything to gain from you leaving this forum. Perhaps you can instead use this as a good example of why money management is so important. The equivalent trade to making this kind of call on the SPX and laying your fate on it would be to bet your entire account on a single trade. Nobody can expect to be 100% correct every time. Trading, or making forum calls, in such a way as to require it to remain in existence is not wise. Whatever system you use to make your calls should be backtested and Monte-Carlo simulated to give you a good idea of your probability of ruin. Adjust your amount at risk based on that and your likely worst drawdown. Most importantly, never make a bet, or place a trade, that can bankrupt you. -Raystonn
Who the fuck cares? The point of this place is to debate and shoot the breeze. The "playground justice" shit is ridiculous and boring.
Yes, what Deepfried said. I don't understand what pabst' trading method is. I'm sure he knows much more about it than I. He has made it this far and that's better than 99% of most everyone that's ever been on ET. Come on back pabst. It's only trading for g sakes.
unless it is a prediction like i made...marlins beat cubs and go on to win world series in 03....YA'LL know who you are..dont make me make a search... did i ever get paid for that.. :eek:
to be fair, it was obvious it was a massive buy signal but heck i thot it was impossible to make 10 disaterous calls in a row. poor pabster, i hope he doesnt take this whole shit seriously.