Well Ladies and Gentlemen, another fine example of how NOT to trade. For all you Noobies who considered buying Goodboy's book, this should be a good forewarning. There are those that can, and those that write about it...
Yeh, MarketSmurf pukes out within seconds of the high of the day. For those who missed the orginal Fade, his buy stop exit (20728) was a perfect place to enter a Short trade for a quick and highly profitable day trade.
Well, until we get the next signal (and I replenish my account) can we talk about the book, since supposedly that is why he is here? I found the title to be retarded: Beat the Machines: An Investor's Guide.... obviously should be A Trader's Guide.... Investors don't try to beat the machines, they try to beat the market. Traders try to beat the machines, at least that is the assumption. By the way is the book about trading or investing? As one 1 star reviewer pointed out there is an interview with Jim Rogers (investor) in the book who nicely missed this 6 years bull market by not participating in US stocks. So there is that about experts. http://thehustle.co/jim-rogers-recession I guess he has 2 more weeks left to fulfill his prediction (6th in a row) from 2016.
Boy, tough crowd. On the bright side, his other calls from earlier in the thread are doing nicely today, AMD 13.99 0.86 6.51 % ONVO 2.98 0.01 0.34 %
His last YM trade/call/sim was an epic fail, averaged down 3 times with an average loss of 300 pts per unit. (minimum 900 pts YM) (We still don't know if these trades were futures contracts or just another $300 Nadex acct) Prior to that were more averaged down major losses... I believe he lost the last 4 out of 5 YM trade/call/sims. Keeping up with his aliases, sock puppets and plethora of threads makes it difficult to be exact, but we all can attest his so called trading is abysmal. Price drivers = Price faders. The few individual stock calls he has made don't compare to the enormous failure in leveraged futures trading. (which btw were not made in this thread, he just references the positive calls and ignores the losing calls) The guy is a narcissistic blogger, not a trader... that is painfully evident... The book he authored is a joke: Beat the Machines, but employs 100/300 plus stops... I never realized that HFT "machines" were geared against swing traders... what frigging machine is he competing against? Catchy phrase, empty content as exhibited by his trading results... He has attempted to monetize Price Drivers, a Stock pick call service and now this ridiculous book. Targeting unknowing vulnerable noobies to exploit... he said so himself, his book isn't written for knowledgeable traders... it is merely another attempt to earn, since trading isn't providing any revenue... (least I forget, he also shilled the reviews of his book, one was obviously his writing style, another was from his In-laws) A quick property search on the Amazon posters name (Yuliya Kosaya) will prove my statement. First google result in NJ.... Last name same as his wifes "POMERANET" Coincidence? I don't think so. Just to exhibit how unscrupulous this snake oil salesman is...
Jealousy must suck, tiny. I see that the haters never have a loss, post anonymously since they are afraid, and hate any type of success. It's quite sad to see what happens to perpetual loser hoodoos. With that said, the book is about stock trading, not speculating in the futures market. Awaiting the next signal to enter YM surf