YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. maybe the trend in not their friend..BUT.......if u hop the freight train, run in the same direction train is moving. otherwise....SQUASH ! ! COUNTERTRENDERS AND DISCRETIONARY TRADERS WILL LOSE MORE THAN WIN............
     
    #2111     Oct 31, 2005
  2. volente_00

    volente_00

    still here and still holding and still bearish.
    I will cover this week for an 80+ point gain in the next 4 days.
     
    #2112     Oct 31, 2005
  3. Took profits right before the sell off.. .got lucky..

    I read it in a book a while back.....Non-random walk down the markets or something.
     
    #2113     Oct 31, 2005
  4. volente_00

    volente_00

    only 10 points from break even, now watch as the next 4 days unfold.
     
    #2114     Oct 31, 2005
  5. mhashe

    mhashe


    Ah-hem. As I was saying......

    http://www.elitetrader.com/vb/showthread.php?threadid=58005

    Knowing that this market is manipulated to high heaven is an edge. Keeps you from getting your head chopped off by the bullies.
     
    #2115     Oct 31, 2005
  6. djxput

    djxput

    volente,

    your avg was 10414? did you hold onto that for a 80 some point draw down? dont you use 20 point stops?

    (I've been away for a couple weeks here ... out of the loop)
     
    #2116     Oct 31, 2005
  7. mhashe

    mhashe


    I'm beginning to have doubts about your trading style. I'm not anywhere near as good as you, but still.........

    To let a stop run like that...wow.
     
    #2117     Oct 31, 2005
  8. empee

    empee

    hey i left what happened to dow omg
    was there news?
     
    #2118     Oct 31, 2005
  9. DELL warned, possible outsourcing.. and more americans losing jobs.. more unemployed, will cause deflation
     
    #2119     Oct 31, 2005
  10. volente_00

    volente_00

    I am trying a blackgaurd longer term strategy at the moment.
    Today was a heck of an equity swing but I am riding on a nice last week and can afford to take the risk. As I said I am looking for 80+ points on this trade even though I had a crappy entry.
     
    #2120     Oct 31, 2005