YM Traders

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

  1. thanks joe.
     
    #831     Sep 26, 2005
  2. volente_00

    volente_00

    Do I cover here porgie for 21 points to erase that last trade?
     
    #832     Sep 26, 2005
  3. I'll try to be less objective.

    Don't worry. There is an evil side of me that loves to gamble also. I try to put that sucker in a locked box, but it escapes from time to time.

    Charles
     
    #833     Sep 26, 2005
  4. do what ur system tells u to do.......if it is not dependable work on it until you have real confidence in it....a 20 pt capture would cover at least 4 bad trades for my system.....think about the risk/reward ratio......I certainly admire your tenacity .....and courage....seriously.....I had that once....and am rebuilding emotionally as we speak....
     
    #834     Sep 26, 2005
  5. Charles,

    I too have the gambling thrill just beneath the surface. That is why I developed a pure mechanical system with extremely high accuracy and extremely low risk....4 1/2 yrs. to develop....if it continues to final backtest as has for last 2 weeks, I will be through testing, thank God......then the emotional repair must take place. Confidence is in place, just the million pictures I have seen with most of them telling me something about this market......the names I have been called mean nothing anymore, the ego is non existent, the big mouth boasting about what i am going to do, or woulda, coulda, shoulda, done is history.....part of learning this business......stops are one of the biggest issues to deal with....I have that resolved.....not bragging...Paid a huge price for everything I know about my system and this market......I would never recommend to anyone that they pursue it as I have...I wanted perfection and am close but that is not advisable to pursue.....just find one market and a good system and trade it....and grow the skills...loneliness is the only reason I post here.......I would love to give JMowery and others my system but it is only for my family.....would you give away the family fortune? to strangers?
     
    #835     Sep 26, 2005
  6. shorted heavy at 32
     
    #836     Sep 26, 2005
  7. covered 3/4 at 18
     
    #837     Sep 26, 2005
  8. volente_00

    volente_00

    good trading joey

    i remain short from 531 and am looking for 490 today.
     
    #838     Sep 26, 2005
  9. volente_00

    volente_00

    Once 510 is broken, the rule of 20 will take Ym to 490.
     
    #839     Sep 26, 2005
  10. volente_00

    volente_00

    damn, porgie you are making me sad. Best of luck to you friend.
     
    #840     Sep 26, 2005