Georgie Porgie, This is one of the best posts I've read. Once an edge, indicator, secret ends up in a book it is useless. Rennick
ok heres how my last trade went down: in yesterday @ 11318 out 10:08 @ 11403 Net loss - 85 pts x 3 contracts = - $1275.00
Am a shaken... hell no! Infact i went back for more!! Yup ... shorted YM 10:36 @ 11402 Its the business we're in.
out on 11:25 @ 11372 Net ....... + 30 pts x 3 contracts + $450 this was not a revenge trade. after a big loss i always have a few winning trades in a row. As if some one throws a bucket of ice water on me to wake me up.... focus. I think that big loss was because i got careless... had several winning trades in a row.... stopped focusing. Still down alot for the day.
all it know is that it was diffrent. Like... i dont think YM represented 30 stocks at the time.... it was only like 11... right? And GE, CAT.... and Microsoft are 3 of the original companies! That much i know
I did lots of reserch last night. My result was I was not sure, with little possibility of upward. So I covered half of my short in AH. So bad I cannot predict the large drop this morning. Luckily I got up early enough this morning, and did very well.
hey porgie, i was cruzing ET and came across your post below - i thought u were the master trader and had cracked the code after all those years of blood, sweat and tears? if so then why u asking lilduckling for his system in Jan. 06? porgie Registered: Aug 2003 Posts: 1174 01-21-06 02:49 PM if u r trying to really help...truly help.......give a difinitive system ....entry and exit signals with stops.....rules and all....please.........thanks
because i need a real system not a phantom like mine....i need help developing a system that works over 50%.......my coin is wearing too thin to distinguish heads from tails.........i need a system someone help me if u would i would appreciate it greatly........or am i going with the flow.........your choice..........another 100% day YM..........many trades.........beautiful day again.........is this true or is t his not true? i am kidding with u but i am not really ........kidding/ i take all help..........from porgie...........
Hmmm .... it is sad that this thread is really thinning out. Less and less people posting here. Wonder what that means? Could it be that many are losing in the YM..... and so stay quite?? Men.... stand firm.... even when the Titanic sank the band played on. Keep on posting.... a traders true mettle is not measured when he's doing good... but when he's losing badly. Keep the chin up......... to the end............,,,,,,, we are all lobsters in the same pot of water........if you are hurting ... share it with the group... thats why we have this board... to share experiences and help one another.........