Xmas Rally Has Finished.

Discussion in 'Trading' started by GrandSupercycle, Dec 3, 2011.

  1. That's what all of my models do, and they do it way better than you. You're dreaming because I don't believe we'll see DOW 13,000 for at least a year.
     
    #171     Dec 7, 2011
  2. And you, sir, are a fool to believe that you can model european politics and its consequences. Given the nature of the situation in Europe, the probability of 13000 is no greater than the probability of 11000 by the end of 2011.
     
    #172     Dec 7, 2011
  3. How can you say I'm being narcisistic? You're the one making a call that has less than 0.1% chance of happening.

    If you don't recognize another downdraft, I'm telling you that whether the Europeans reach an agreement or not whatever happens is known already to the market. The sell off earlier today may have put in a bottom on NQ, but the most recent lower high before more down moves will be between 2318-2330.

    Going long for that move is very stupid, even if you're taking a 100 trades your broker must love you.
     
    #173     Dec 7, 2011
  4. Hey BWOL! Looking at the chart you posted, I count more than 20 trades in a period of 1 hour. "your broker must love you!"

    Oh! Wait a minute! That is your SIM account!
     
    #174     Dec 7, 2011
  5. You don't know what I'm doing, because you don't understand market movements or even probabilities.

    I may not be trading that but when it reaches a profitable level I will be timing my pairs trade with that program.
     
    #175     Dec 7, 2011
  6. Ha ha! Only a ferw hours ago you presented that as if it were a real account. Now you're acknowledging it is SIM. Narcissitic idiot desperate for attention!

    Whatever BWOL. When I was shorting this with a longer time frame earlier, I was losing a bunch of money. Now that I am using a shorter term approach going long and short when appropriate, I am making money.
     
    #176     Dec 7, 2011
  7. You are misrepresenting yourself here. You cannot trade sim under the guise of actual trading. Not as a CTA.
     
    #177     Dec 7, 2011
  8. I didn't say I was using it, but I am trading my pairs system.

    I watch that system for oscillations.
     
    #178     Dec 7, 2011
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    #179     Dec 7, 2011
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    #180     Dec 7, 2011