YM Magic!

Discussion in 'Journals' started by TheTrue1, Mar 7, 2017.

  1. themickey

    themickey

    Never going to happen, TheTrue1 is like a blowfly, lots of noise and activity, then gone again, that is until the next one comes along on ET and starts again.
     
    #761     Sep 7, 2017
  2. Overnight

    Overnight

    That is maximum exposure. Seems a bit risky, no?

    Go long at, say, 23,000 on YM with 10 contracts. That's your $5,000 all holed up in one trade.

    It drops one tick to 22,999. Your NLV is now -$50. Margin call time perhaps. Would it not be safer to trade maybe 2, 4, 5 contracts to give yourself an unrealized drawdown buffer?
     
    #762     Oct 10, 2017
  3. Pekelo

    Pekelo

    You kinda missed the note about the demo account.
     
    #763     Oct 10, 2017
  4. Overnight

    Overnight

    Well, I saw "3. Currently, I am live and happy at AMP futures."

    I was a bit confused about what it going on.
     
    #764     Oct 10, 2017
  5. Pekelo

    Pekelo

    Suddenly his post disappeared, but he did say you can't subscribe to a demo account. He probably got banned and all his 2 posts got deleted.
     
    #765     Oct 10, 2017
  6. Overnight

    Overnight

    So now it is like "How many licks does it take to get to the Tootsie Roll center of a Tootsie Pop? The world may never know." Bummer. I honestly don't believe the owl when he says "3".
     
    #766     Oct 10, 2017
  7. SunTrader

    SunTrader

    And somehow those 3 trades out 5 "profitable" come to $416 ??? at $5 a point.
     
    Last edited: Oct 10, 2017
    #767     Oct 10, 2017
  8. Pekelo

    Pekelo

    Here is a sure fire way of making money in this market: just go long and average down.
     
    #768     Oct 10, 2017
  9. Overnight

    Overnight

    @Magna Since you may have been behind this latest issue, can you at least answer the question? How many licks does it take to get to the Tootsie-Roll center of a Tootsie-Pop? The HAL9000 must surely know.
     
    #769     Oct 10, 2017
  10. Pknight77

    Pknight77

    I found YMMAGIC. He's trading a live signal at MQL5.
     
    #770     Oct 26, 2017