You Name It... The Models Time It..

Discussion in 'Chit Chat' started by tradingjournals, Dec 1, 2013.

  1. NoDoji

    NoDoji

    I'm willing to give the benefit of the doubt to you, Mav. Maybe you misconstrued my intraday call and my swing trade non-call as one and the same. Intraday, I'd be short as called, but if I was looking for an entry for a swing position (that would be to hold for more than a day), I would not have been initiating a short at that time because price was in the lower part of a potential multi-day range.
     
    #131     Dec 11, 2013
  2. Maverick74

    Maverick74

    Let me be clear. I asked a question of you and you DID answer my question concerning the intra-day trade. I just take issue with you "bragging" about an inta-day call that you NEVER made. It wasn't a call. The last call I saw you make was the one about the triangle breakout where the whole world on every time frame should have been long at 3pm yesterday when we were 30 handles higher. It looks like the whole world WAS long.
     
    #132     Dec 11, 2013
  3. NoDoji

    NoDoji

    The triangle breakout wasn't a call! It was a long-after-the-fact reply to TJ's question about why people would be buying at that time.

    My reply to you was made in real time as you requested. A live intraday market call as to my assessment of the spoos at the moment when I read your request .

    Party on!
     
    #133     Dec 11, 2013
  4. I have a question. How often do you trade ES? Quarterly? He asked for a trade and you've yet to produce a price at time, long or short. Does all that verbal-hedging get in the way of actually pulling the trigger?
     
    #134     Dec 11, 2013
  5. NoDoji

    NoDoji

    I trade NQ and/or ES about 2-3 times a week. I only trade it after the CL pit closes.

    He asked for a trade while the ES was at 88 and I saw his request just before 2:45 while the ES was at 88.50 bid and I offered my call - it was SHORT right there with a stop at 90.

    Is everyone else reading this thread missing my posts with my ES call, or am I simply hallucinating my own posts? :eek:
     
    #135     Dec 11, 2013
  6. Take my opinion for what you paid for it, but I think you're terrified of looking bad and being wrong publicly. I know you're response will be, "i know you are but what am I," but Mav has already addressed your inability to post a trade. There is no future in trading for you with that hang-up. He asked for a trade. I am paraphrasing, but you stated, "You have to be long" that symmetrical triangle in which no trade resulted, yet you made mention that futures were up AH. Of course, it had nothing to do with the symmetrical triangle (budget news), but that's really beside the point. I am standing in front of a dead horse. Let's let it go and move on.
     
    #136     Dec 11, 2013
  7. I did not see any hallucinating.

    I am wondering what a financial backer or a client of a proprietary trading shop would think after reading this journal, and particularly if his manager/trading guys/OPM backees are also in this forum.
     
    #137     Dec 11, 2013
  8. NoDoji

    NoDoji

    He asked for an assessment of the spoos. I gave a real-time call. My bad.

    I never stated "You have to be long." My convo with TJ was :

    I don't trade news, I trade price.

    The symmetrical triangle broke out upside but did not result in any follow through during RTH. For a day trader, that's an exit signal.

    The symm tri had already failed in RTH by the time I mentioned to TJ that futures were up AH. I only mentioned that to TJ because he seemed to think they were down.

    I don't believe anyone can "look bad" or "be wrong". Our opinions of others are just that: our opinions. I'm simply trying to clarify what seems to be confusion, but I've failed quite certainly.

    It is what it is.

    Namaste.
     
    #138     Dec 11, 2013
  9. Lucrum

    Lucrum

    Not much I expect. Though there would be a lot of very loud laughing.
     
    #139     Dec 11, 2013
  10. NoDoji

    NoDoji

    Wait, before I go for my run, I want to share a t-shirt I saw yesterday that I couldn't stop laughing over.

    There are only two types of people in the world:

    Those who can extrapolate from incomplete data
     
    #140     Dec 11, 2013