tampa's "short skirt" trades...

I think, I hope, I'm really pretty sure that I have found it - profits, baby, profits...

Details a little later - the wife is looking kind of pale, but at least the lights are back on...

 

What, you're sending her back into the workforce?

 

You hear the word profits, knowing that you have been banned for life from my chat room ( www.tradingwithtampa.com ) , and here you are saying bad things about mrs. tampa - do you have no shame? None at all?

 

As a gesture of goodwill, and in the spirit of sharing – one for all and all for one – I will release, and fully disclose my renowned trading system – the tampa technique. The same method used in my chat room, and that has brought thousands riches beyond their wildest expectations. After many years of hard work, and exhaustive back testing, I have developed a system that is a cash cow – a virtual ATM machine. And what’s even more special, I will share it with you – at no charge, and without any obligation.

Setup is as follows -

1 Min chart (waiting to test on tick charts when Q finally gets them)
20,2.2 Bollinger Bands
20 period EMA
5,2,1 Stochastic 85,15
20,3,1 Stochastic 85,15

STRICT rule entries -

Short setup - only two conditions MUST be met, well actually three -

1. Price penetrates the BB band on the upside.

2. The 5,2,1 is above the 85

3. Price must move below the bar that penetrated the BB band (the previous high bar) by one tick, and NOT also create a new high.

A sell order LIMIT is placed at the low of the previous bar - can also be placed one tick below - matter of choice - the limit will miss a few moves..but....immediately (if not sooner) upon fill a target and stop are placed; this is why a trading software like BT is nice (What happened to Jasper - was looking forward to trying it?)

Using BrackeTrader a target is set for 1 point and a stop is also set for 1 point. However I will often hit the smaller target button if price does not go my way QUICKLY! This is a scalp after all and any profit is a good trade. I do not trail stops or move them. I may widen an initial stop to a max of 1.25 if the high of the bar so dictates.

A buy is exactly the opposite.

Very simple, yes?Thoughts, questions, comments.

I am doing this decent thing because I have always been a straight shooter – in fact, you could say, straight as an arrow. Sharing has always been a part of my life, and it continues to this day.

 

At first I rubbed my eyes and checked to see if I wasn't in DblArrow's Scalpers Progress thread by mistake. Your tampa technique, alas, is none other than a brazen and unabashed attempt at plagiarism of DblArrow's system. What baffles me is the absence of any attempt to conceal this pilferage by at least changing the wording - you simply cut and pasted. An explanation, or excuse, would be in order.

 

I missed the part of your plan about money management and the criterion for exiting the positions. Would you please retransmit the entire plan? Thanks

~EC

 

Mister Subliminal, I am shocked. To the casual reader, I might well appear that you are accusing me of pilferage! In the event that there are a few similarities in my system, and the other one you spoke of – a Mister Sparrow, was it? – it could possibly be explained as a mere coincidence. What other reasonable explanation could there be? None that I can think of, save the awful possibility that this other Journal keeper maliciously hacked into my computer late one night, and made off with my hard work.

Of course, I do not even glance at other Journals in this forum, so I was not aware of the vague similarities you spoke of.

On another matter, perhaps I was too harsh in banning you for life from the chat room. Why not PM me, and we can discuss your reinstatement, along with, say six months of free access?

 

Thank you for your interest in the tampa technique. The points you brought up are still under development, and I will have to do some further research on them. Of course I will get back to you as soon as possible.

BTW - have you tried my chat room? We are running a special holiday offer at this time - only $700.00 a month!

 

I had, in fact, considered subscribing to your chatroom. I thought.... "I know a great deal about both managing money and exiting trades.... perhaps Tampa could just get me in the Trades at the correct time and I could easily do the rest. And at only $700.00 a month how could I lose? I went to your site but, alas, it was not to be.... this is all I got. Is your advice and calls encrypted?


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PS I just noticed that you have 666 posts.... 666.... not a good number. I'm not sure that I trust you.

 

I am so sorry for any inconvenience that may have resulted from your attempt to log on to the site. Upon hearing of your inability to access the chat room, I had one of our Vice Presidents look into the matter. He reports that a junior secretary in the organization forgot to mail last month's payment to our Internet Host - and they inadvertently disconnected us. We are growing so fast that mistakes will happen.

Insofar as your joining our growing group, why not wire the funds? In fact if you prepay for a three year subscription, I will knock off $10 from the normal $25,200 cost.