You are enjoying the chops in index trading aren't you 1% straight down days like yesterday don't come often you need to know when they come and size accordingly. In a 1% down index day, one should be making boatloads ( I did not make "boatloads" yet but that is the idea)
Yes. Now at this moment we can say the breakout didn't work, just simply fizzled out. I like the descending/ascending triangles much better. There was a pretty one yesterday (descending) end we all know how that one worked out.... Although it looks like a new triangle is in the works, a descending one, but from now on I will just sit on my hands...
today is a beautiful trading day ......whipsaw.....but it is tradable....several trades today........yesterday was a gimme....when u c that developing go to long term chart such as 30 or 60.....I will feed this type of information but not the 6 systems which are 95% accurate.....minimum.....I say this for encouragement to this who are willing to work for it.........not to be arrogant or mean spirited............best of trading to all and a happy new year.....yesterday was drop dead gorgeous...........
http://www.elitetrader.com/vb/showthread.php?s=&postid=936165#post936165 sold 10851. profit 10 points blackguard
10 pts only. sorry to my fans. I really thought I was going to get 50+ points on this one. ---------------------------------------------------- final tally: (since that was probably my last live trade here) 16 trades 13 wins 678 points 3 losses 70 points 608 points in total profit. again: 608 points in profits 608 points in profits on 16 trades blackguard ------------------------------------------------------ all trades except for 2 were closed out in less than 24 hours. One I lost 46 points on, the other was covered for a 200+ point profit and was held 48 hours. All trades posted live here on this Thread.
has anyone made money following my calls? has anyone gained any insight into the markets by watching me in action? has anyone formed any ideas on how to trade better by observing what I do? if you answered 'yes' to any of those questions, you need to give me an 'incentive' to keep posting into the New Year. the 'incentive' is up to you. you have 24 hours to decide. blackguard
PLLLLLLEEEEZZZEEE don't leave BG..........I am an old fat man and I am on my knees begging you .....DON'T LEAVE......where do I send the 5 spot.....alright, then, if you will stay I will pony up 10................:eek: