James is a great guy with a wonderful family but has fallen into the same rut as most by limiting himself to trading a single chopping intraday market. I teach a "Buffet" mentality when trading where you pick the best trade set up from a variety of markets such as the block of eMini's. Or trading from a set of intraday AND Swing charts. One can never force trades in a single market due to desperation. It doesn't work. I am always available to assist all of my students but if they do not ask for a hand I can not offer it. K-Rock, I appreciate the heads up and the hand was extended. Now I hope he grabs on.
That's good information K-Rock ... when I'm done reading one of the many flame wars around here, I'l give it a study. How are you tracking his performance? JJ
whats the minimum capital requirement to properly trade your system, spread across all these markets?? surf
hmmm. if you look at the ES chart provided by the prof.--they practically catch every move. perhaps hindsight has something to do with it?? ----- thanks, k rock surf
I'm curious how over the last year, July 14, 2006 until yesterday that you are a hair over 30% winning trades in your YM trades in your "Surf Journal"? Not only are you just over 30% winning trades but must have negative profits after commissions seeing that your point total is less than 100 points for that same period? I mean for someone that spouts off about flipping a coin it seems you can't even accomplish that successfully. Such consistency makes you neither an expert nor gives you even a bit of credibility to question anyones methods or system. Let alone make snide remarks about them.
the vig is not much of a factor in my trading, as im not a daytrader or scalper. i don't claim perfection or a perfect system--im a speculator. you provide charts depicting perfect or near perfect entries and exits based on some type of "oscilations" in a "non variable" environment. those who make the these types of fanciful claims need to be able to back them up. that's the one and only issue here. regards, surf
how many markets do you recomend someone trade when trading the "logical method". i seem to recall you stating that you trade 50 plus markets daily?? surf
Do you ever quote anyone accurately? I have stated repeatedly that I used to watch over 60 markets but in the last 4 months backed that down to 44. The average trader should monitor around 7 to 10 markets each day and pick the best trade set ups from that mix. I personally recommend; eMini DOW, Electronic US Bonds, eMini Crude, eMini GOLD, eCorn, eWheat & eSoybeans, Euro FX, eMini S&P & the QQQ in that order. This gives a trader the best opportunities to pick the trades with the least risk and best opportunity for maximum profit. This also gives a trader the ability to limit stress and exercise sound money management.