Finance discussion

[daytrader]

Let's not split hairs here.   Ok you lease a system with claims of incredible returns.  If this were possible you would be filthy rich.   You know as well as I do that such systems don't exist.

ok Mr. Ignorant..find where I represent a "system".  A system means that it is automated. Mr. Ignorant, if it is a lease, then someone who finds that it doesn't work doesn't pay the second month of a lease, right Mr. Ignorant?  ---oh, and since it has a $backguarantee, they'd get the first month back too, right Mr. Ignorant? 

ya gotta be a liberal cuz you're miserable and you want to pull everyone else down to your level of miserableness....

How do you know whether I am rich or not?  Are you judging me?   How can you tell?  Do you have special brainwaves that no one else has?  Or are you saying that ALL POSTERS AT PLANET-LOVE ARE NOT RICH?  Is that what you are saying? 

 Because you post at planet-love you CAN'T BE RICH? 

Sorry Mr. Ignorant, not dropping down to your level...I doubt anyone else will either....Ignorant AND Ignored!  You will be even MORE miserable manana! 

Come on Forum Godz, give'm 5 stars just for THAT!  He's learning from the personal-attack specialists here at planet-love!  HAHAHAHAHHAHA  What a legacy, Dogz & Catz!  hahahahahha!



 
 


DayTrader

[sean126]

Well....to me and many others, I believe, if you have a set of trading rules, if it's mechanical, if you say you have a 4 step trading "method".....all those add up to the definition of a system in my book, not to mention "method" and "system" would mean the same thing to me, given the topic.

No...a lease doesn't mean you don't have to pay the second month.  It means you don't own it.  When you stop paying for the software lease, you can not use it anymore.  Lease is the same thing as saying "rent" to me.

No...he is not saying if you was rich then you wouldn't post here.  I don't see that in either of his two posts.  Please re-read his very clear opinions.  Him and I are on the same wave length in our opinions.  You would be the richest man the world has ever known to date....if your system/method/trading rules (or whatever you choose to call it) was the holy grail.

 

I have access to systems that have stellar track records of 100% per year

according to your own words...you'd be a fool not to mortgage and sell everything you own and put as much money into your account as humanly possible.  Why?  Well, to quote you accurately....you have access to a system that makes 100% each year, at least...yes?
Then say ...you can come up with $150,000 cash, by your words  you would make at least the following figures:  year 1= $300,000, year 2= $600,000, year 3=$ 1,200,000, year 4= $2,400,000, year 5= $4,800,000, year 6= $9 ,600,000 year 7= $19,200,000,  year 8= $36, 400,000, year 9= $72,800,000 and year 10...assuming you want to quit trading, you'd have accumulated $145,600,000. Minimum.

I, along with Socialdreg....are just saying that we find it hard to believe...given your own words and promises.... that your not on the Cover of Forbes, Time, Newsweek, The Wall Street Journal and appearing on CNBC as the next Rockefeller and soon to be new Richest man in the world, if your system is as every bit as good as you claim it to be. 

I believe with the amount of money you should have accumulated all these years...that you would buy this website and ban the people you don't get along with, just because you could....given your personality type.  Not that it's a bad thing....just my opinion.  Personally, I'd do what Richard Dennis did....just to prove a point, because I wouldn't need the money anyway.  Hell, I'd even go out of my way to find good hearted people who are struggling and let them have it for free....or perhaps start up just an account for poor people, start up a "Christian Account" and give all the money that account made to homeless shelters and toys for tots and things like that....I'd be the happiest Daytrader you ever seen in your life.  I'd be too busy giving money away from my discretionary accounts to post on here.  I mean, I'd want to personally oversee the building of shelters and such for the people in my wife's home country.  But....that's just me and if I had a method or system that gave 100% returns year after year after year, minimum.   Wouldn't be a bad idea...considering the money you promise it will make to give it to a few Christians for free, with the promise they give away half of what they make each year.  I'd gladly give away half of 150 million dollars....and probably just keep 10% for myself and give the rest away.  If you start a club....you could really make an impact on deserving peoples lives, IF you had that kind of system....but, that's just me.  

I think that is what he is saying.

[sean126]

I'd even go so far as to make you a proprosition right here and now....and it won't cost you a dime, you'd still protect your software, people all over the world will love you and know you by name, you'd probably make even more money faster than you do now and the best part.....you'd feel a hell of alot better.

IF it does what you claim it does.

[daytrader]

Sean,you don't know beans about systems or methodology so don't lecture me.

 It's a methodology and it works ; anybody that wants to come in thru the front door and pay the money its fine with me. 

There is some automation coming in the next couple weeks, however.  It still will be a methodology, you take the buy signals at the oversold condition if there is x, y and z (you easily determine if the criteria are met) you take the sell signals at the overbought condition after criteria a, b, & c are met.  Tradestation correlates 2 different charts and 1500 lines of code, you sit back and take the trades based on the low risk criteria...that will be out hopefully in a week or 2.   About 2/3 of the trades will be automated, the other 1/3 are done manually...then the autobuy or autosell typically will kick in a little later. 

What's funny is that there are posters to this forum that are clients of mine...they're laughing hysterically!  

yes, I have over 6 figures in those systems in several different trusts...the systems do have a habit of netting 100% plus per yr and I have been in them a couple years -- I plow $$$ every 30 days to maximize "present" and "future" value of money, since the gov't confiscates a third every 90 days  and gives me nothing for it . 

I actually keep the $ in and take a loan to pay quarterly taxes, that way I'm maxxing out the ROI weekly. 

The systems do have serious drawdowns several times a year so you can watch your equity curve go seriously down (minus 70% in the best system) then it marches right back up the hill; I'm in about 6 systems so the drawdowns hit at different times.  You have to use "discretionary funds" -- never borrow money for discretionary trading, you could get wiped out....there's no guarantee that the system won't fall flat on it's face the year you get in.  The programmer that writes these drops a couple systems a year and has some new ones each yr so one must be cautious....but I've always averaged a great return each yr.

All of the systems outperform any registered CTA that I find on the internet...they don't advertise and they give deals. 

DayTrader

[daytrader]

I'd even go so far as to make you a proprosition right here and now....and it won't cost you a dime, you'd still protect your software, people all over the world will love you and know you by name, you'd probably make even more money faster than you do now and the best part.....you'd feel a hell of alot better.

IF it does what you claim it does.

A new client is starting 10/1  and I've got a client starting to do  live trades the end of this week; if people are interested I am taking new clients ONLY if they have one of two criteria:

Actual trading experience using Tradestation and trading over $50,000 at a time OR
IT professionals that want to transition out of their jobs or are ex-IT professionals.  The learning curve is about 3 weeks for these two types of people, for others, it may be double that and I don't want to be bogged down. 

DayTrader

[sean126]

LOLOLOLOLOLOLOL.  This has absolutely nothing in the world to do with anything I said.

What?  No comment about the Christian aspect of it?  I thought so.

What?  No comments about anything I said?  I thought so.

You asked me a question.  I gave you an answer.

That is exactly why no one will ever remember your name.  According to you....You have the means and brains to do good around the world rather than bragging about your money and you don't work a 100th as hard at that.  I'd be willing to bet my eternal soul on it.  I'm talking about giving money away....and here you are still bragging.  Wow!  
Someone is laughing hysterically at you right now....and it isn't me.  Oh well...you can't say no one ever said anything to you.

A new client is starting 10/1  and I've got a client starting to do  live trades the end of this week; if people are interested I am taking new clients ONLY if they have one of two criteria:

Actual trading experience using Tradestation and trading over $50,000 at a time OR
IT professionals that want to transition out of their jobs or are ex-IT professionals.  The learning curve is about 3 weeks for these two types of people, for others, it may be double that and I don't want to be bogged down. 

DayTrader

Funny....your website doesn't even hint to anything remotely close to that.  Not even in the pm's we exchanged last year.

[daytrader]

LOLOLOLOLOLOLOL.  This has absolutely nothing in the world to do with anything I said.

What?  No comment about the Christian aspect of it?  I thought so.

What?  No comments about anything I said?  I thought so.

You asked me a question.  I gave you an answer.

That is exactly why no one will ever remember your name.  According to you....You have the means and brains to do good around the world rather than bragging about your money and you don't work a 100th as hard at that.  I'd be willing to bet my eternal soul on it.  I'm talking about giving money away....and here you are still bragging.  Wow! 
Someone is laughing hysterically at you right now....and it isn't me.  Oh well...you can't say no one ever said anything to you.

Funny....your website doesn't even hint to anything remotely close to that.  Not even in the pm's we exchanged last year.

Sean, are you a christian?  how do you know I don't do good deeds?  we're supposed to do those things in secret Sean, not shout them from the mountaintops. 

Just an fyi... I teach people HOW to fish, I don't give people fish.  If you want free fish, go to the government and fill out a bunch of forms. 

The Bible says "don't cast your pearls to pigs"...how appropriate in this case Sean...you know my website and for you to misrepresent what it says to others on this forum when I can't rebuttal you because the Forum Godz won't let me post a link to my site....another case of Forum God (Jr.) abuse...

I'm done with you Sean, you are a little little man

[daytrader]

I'd even go so far as to make you a proprosition right here and now....and it won't cost you a dime, you'd still protect your software, people all over the world will love you and know you by name, you'd probably make even more money faster than you do now and the best part.....you'd feel a hell of alot better.

IF it does what you claim it does.

...this isn't a complete thought, so I don't know what you are asking me to do  "little man"....and I don't need you or anyone's business "little man"....I only have pride in what I do and the excellence it is capable of achieving. 

[sean126]

Sean, are you a christian?  how do you know I don't do good deeds?  we're supposed to do those things in secret Sean, not shout them from the mountaintops.

No, you got me.  There's obviously not a Christian bone in my body.  True, you shouldn't shout them from the mountaintops.  Let's just say....it wouldn't take even a minimally educated person to come to the conclusions that I have.  Do you do anything with a totally separate trading account that doesn't benefit you in the slightest?  If you do....it wouldn't be bragging since your asked.  You have no problem bragging about your intelligence and money....I'd think if you was into anything remotely close to what I threw out there...you'd try to recruit as many people as possible because...after all, it's doing something good and helpful to the
less fortunate.
 

Just an fyi... I teach people HOW to fish, I don't give people fish.  If you want free fish, go to the government and fill out a bunch of forms.

Somehow our definitions of this Christian quote is as different as night and day I think.  You teach for a price...you sell lessons on how to fish.  Some how I don't think this is what He had in mind when he said this.  Don't toot your horn to loud on this one.
You didn't even hear my proposal, did you?  I guess your too worried about the monthly lease fee.  Yeah...your a filthy rich trader alright.  Anyone who worries about a little is usually got to big of a selfish streak in them to do to many good deeds.  Or one would think.  At least the one's I've met. I'm not the one losing out, not in the slightest...but your worried to much about a few bucks to see anything past dollar signs.

The Bible says "don't cast your pearls to pigs"...how appropriate in this case Sean...you know my website and for you to misrepresent what it says to others on this forum when I can't rebuttal you because the Forum Godz won't let me post a link to my site....another case of Forum God (Jr.) abuse...

And just how am I misrepresenting what's on your website?  Your new requirements for the holy grail in question are not even on it.  Did you not just name two new criterias?  Did you mention these to me when I pm'ed you last year?  I still have the pm's if that will refresh your memory.  If these two criteria are now on your website...please, by all means say so.  I looked and didn't see them anywhere.  Then again, I'm too stupid to read.   LOLOLOLOLOL 

I did, however, catch the part about you saying you used 6 methods.  I don't recall seeing that on your website either. I guess I just misrepresented it again, didn't I?  Hmmmmm....you use 6 methods, but you only lease one.  Is that correct?  If this one is all it takes to achieve what you seem to portray here...week after week...then why use 6?  I'm just a total moron, but something about that doesn't sound right? LOLOLOLOLOLOLOOL

I'm done with you Sean, you are a little little man

Hey....I have no shame when it comes to trying to help someone.  If theres the slightest chance I could shame an arrogant, selfish, money hungry "Christian" into helping poor people and I have to look like a bad guy doing it....hey, I don't don't feel bad.  If not doing it makes you feel bad, you might want to consider where that voice is coming from.  I mean after all....the whole point to this is you make soooooooo much money that it's just a matter of time before you grace the cover of a magazine.  I guess if an idea comes from someone that doesn't involve making you that last penny, but rather involves helping the less fortunate in dirt poor circumstances...they would be a little man to you.  I guess having others say "thank you" doesn't fatten up your bank account enough. LOLOLOLOLOOLOLOL.

I haven't misrepresent anything.  Your new criteria isn't listed anywhere but in your recent post here.  Oh....the other forum members who are using your system/method can tell me if I missed those words.....

if people are interested I am taking new clients ONLY if they have one of two criteria:

Actual trading experience using Tradestation and trading over $50,000 at a time OR
IT professionals that want to transition out of their jobs or are ex-IT professionals.  The learning curve is about 3 weeks for these two types of people, for others, it may be double that and I don't want to be bogged down.

I'm sure they wouldn't misrepresent you.  LOLOLOLOL.

It's your software....I'm sure you do the best you can with what you have in your heart.  You can't give what you haven't got. 
I sincerely hope you make a bazillion bucks.  

...this isn't a complete thought, so I don't know what you are asking me to do  "little man"....and I don't need you or anyone's business "little man"....I only have pride in what I do and the excellence it is capable of achieving. 

Still yapping and bragging about money?   To bad you can't take it with you, huh?    If your nobody without money....acquiring money won't change that.

[sean126]

To Clarify beyond a reasonable doubt.....unless I can't understand English...your criteria is/was previous IT experience or previous trading experience is required of new clients.  Training from start to finish is typically 6 weeks for a new client.

and your NEW criteria as of today at 5:17 pm is:

I am taking new clients ONLY if they have one of two criteria:

Actual trading experience using Tradestation and trading over $50,000 at a time OR
IT professionals that want to transition out of their jobs or are ex-IT professionals.  The learning curve is about 3 weeks for these two types of people, for others, it may be double that and I don't want to be bogged down. 

DayTrader

 

There was no misrepresentation....except for your definition of the truth sometimes.   
what a goob!

[SocialDreg]

You are exactly right, Sean.  I noticed that you have visited the "golden goose website".   There is basically one reason why small time operators in the futures industry sell ..oops excuse me.. lease systems....oops excuse me..methods.   They make their money by being vendors not traders.

The futures industry is plagued with system vendors that promise the moon.

The returns that are claimed are ridiculous and anyone that has traded knows it.

[sean126]

LOLOLOL.  I hear ya.  Ger it right!!! it's "method", not "system".

Nothing wrong with selling systems....some do make money, for a period of time.  Then what happens is.. the market gets saturated with too many people using the same buy and sell signals and it throws the particular market out of wack, for a period of time.  Even Richard Dennis doesn't do 100% per year and his net worth is multiples of what DT could ever hope to achieve.  In all fairness...DT does promise to refund all of your money you've spent on the lease during the first three months if it doesn't give you back 100% of your margin.  So, the way I read it....you should average out to double your money (100%) that you've traded with for the first 3 months or you get the lease money back.  However.....he wouldn't answer any of my direct questions with a direct answer when I pm'ed him.  I would have had to call him and be interviewed by him to determine if I was worthy enough to even lease his system.  I would perfer to have written answers to my questions...so there's no wiggle room for "hear say" or "no, I didn't say that".  That kinda made me wonder.

Richard Dennis, by the way, is a multi-gozillionaire who had a "method" and was so sure of it...he trained several people for free, put up his own money and the ones who followed his "method" the way it was supposed to be followed...made millions in a short period of time (with a lot of money to begin with).  They where known as "turtles".  This is easily found on the internet, if any one thinks I'm misrepresenting anything. LOLOL.  They didn't even make the astronomical percentages "someone else" is claiming he makes year in and year out.  If anything...putting "100%" out there for someone to read is misrepresenting the truth.

[SocialDreg]

It is more than 100% a year return.   

I quote from his website...

   "No Bull Performance Warranty"   Leasor guarantees that the use of ****** software according to published trading rules will result in a net profit averaging a minimum of 100% of margin on a daily basis each week of the year that the market is open Monday throught Friday continuously.

Sean, that is a lot more than 100% a year!!!!!

What are the so called "published trading rules"?

Common sense will tell ya that you aren't going to make 100% of daily margin on average.    That is the most absurd statement that I ever ever seen with regards to systems vendors.

Put that guarantee on a website called Elitetraders.com and see what kind of response you get.  You will be laughed off the site.

[daytrader]

It is more than 100% a year return.   

I quote from his website...

   "No Bull Performance Warranty"   Leasor guarantees that the use of ****** software according to published trading rules will result in a net profit averaging a minimum of 100% of margin on a daily basis each week of the year that the market is open Monday throught Friday continuously.

Sean, that is a lot more than 100% a year!!!!!

What are the so called "published trading rules"?

Common sense will tell ya that you aren't going to make 100% of daily margin on average.    That is the most absurd statement that I ever ever seen with regards to systems vendors.

Put that guarantee on a website called Elitetraders.com and see what kind of response you get.  You will be laughed off the site.

...considering that the market I trade moves 150% to 300% of margin each trading day your comments continue to look foolisher and foolisher...and the risk per trade is max 10% of margin and usually less.  Therefore, the key to a successful methodology is to pinpoint key reversals, screen out the losing trades and take the low risk trades - then start taking profits at the first and second profit objectives.  The software gives realtime confirmation if you are in a trend, so as that criteria holds, the Trader stays long on uptrends and short on downtrends.   

Tradestation doesn't know the key reversal points that occur almost daily but the Trader does.  Trading in the afternoon is a subset of the morning and is even easier since I know how the money flows between the 3 players of the market I trade. 

I used to trade stocks as the bond market closed every day and would generally get a great position for holding overnight - because I knew the players in that market and why they dumped their long positions and when.  Same goes for this market, there is a new position taken within 7 minutes almost every single day which is either a reversal of the previous trade or a continuation of the previous trade (depending where the market is technically). 

For those that aren't prone to making stupid public statements in forums; all this is proven in the Fundamentals course in the last session - until then you don't know how to read a futures chart - after that point you can actually understand what is being shown in the software. 

The "learning curve" for an IT/past trader is 3 weeks (it is pretty steep for some) from start to finish, people should be pulling paper trades within 6 weeks if they can get 2 or 3 hours of training/homework in per week and come into the experience with an open mind and forget everything they knew about trading before (because it is wrong/doesn't apply here).   

 again, for those that are not prone to make stupid comments in a public forum...at the 'opening tick' of the market, you know if the institutional traders are Long or Short and how much money they already made at the market open.  (all of this can be backtested & proven 5 minutes after the software is loaded in Tradestation, goombahs)......



  for those that are not prone to make stupid comments in a public forum..There are two different times the institutional traders exit the morning session from the previous days's trading session - a careful analysis of the overnight Globex shows their trade entries that must be exited within a certain number of hours after market open - this information is gleaned from being around the CME floor for a year studying the S&P big contract. 

All of this sounds extremely complex but it repeats every day and it is all visually expressed on the charts ...and addressed in the less than 10 pages of documentation to explain the whole shabang. Keep it [almost] simple! 

[catz]

you know my website and for you to misrepresent what it says to others on this forum when I can't rebuttal you because the Forum Godz won't let me post a link to my site....another case of Forum God (Jr.) abuse...

Just to clarify this with the facts (sorry that it goes against how you portray your "treatment" here and you were told this via PM which you have continually ignored and/or do not respond to) is that you are more than welcome to put your link in your member profile. You were asked not to post the link in the forum as it has nothing whatsoever to do with the finding of, courting, and having a long term relationship/marriage with a foreign woman.

[daytrader]

Just to clarify this with the facts (sorry that it goes against how you portray your "treatment" here and you were told this via PM which you have continually ignored and/or do not respond to) is that you are more than welcome to put your link in your member profile. You were asked not to post the link in the forum as it has nothing whatsoever to do with the finding of, courting, and having a long term relationship/marriage with a foreign woman.

news to me Catz...if you are referring to the PM on 8/4, this was never stated in the PM. 

I updated my profile to reflect the web address -- only because of the smear-posters.  People can navigate there and find out for themselves.  I purposely DID NOT include that info when updating my profile a long time ago because I AM NOT hawking my wares on this forum.

My comments are only in DEFENSE from the smear-posters (who want something for nothing -- yeah, that's you Forum God Jr...go back and read your old PM's).   If you want something for free, go to the welfare office...and fill out some forms....

You guys also mentioned www.elitetraders.com  I think...what a load of hooey...caveat emptor mucho grande!  If you know something of trading it should be short, sweet and concise with tight money management rules..none of which is in their hot air advertising. For my site to be compared to that ....no way Jose!

oh yeah, goombahs...Long in the Dow right on the exact minute today (see earlier post); net right around 30 points or abou 25% return on margin, TOTAL RISK ON THE TRADE $35 or 7 points....and....oh...ah...it's 25 minutes into the trading session..we have 6 MORE HOURS OF TRADING to get the other 75% .....

go back into your closet smear-posters....

[SocialDreg]

What a bunch of bullcrap.   100% return on margin every day.   For anyone to do that consistently is totally unbelievable.  Everybody that has ever traded knows that.   Pure bullcrap

[SocialDreg]

Long DJZ7 at 13785.  Out at 13850.  Profit $650

If anyone is interested in my system, I will lease it to you for $1000 a week.  It comes with an ironclad guarantee.

My website is    completebull[snip]trading.com

[daytrader]

What a bunch of bullcrap.   100% return on margin every day.   For anyone to do that consistently is totally unbelievable.  Everybody that has ever traded knows that.   Pure bullcrap

You obviously haven't been to the live pits at the CME or CBOT, or hung around the trading rooms on Wacker Drive....No one made more money as a profession last yr than Institutional Traders and one trading firm made a ton of money (while the others lost money) in the recent mortgage slide of commercial paper. 



"Everybody that has ever traded knows that. "



You know everybody?  Wow, I bow down to you.....the math proves you wrong, cuz the market moves easily over 100% everyday.  Today the Dow has now moved 120 points and it's only 10:52 am ET.  3 long entries have netted 25, 55, and 35 points so far; and that's missing the sell off at the open of the CBOT of 25 points....and there are only 4 trading rules, no 80 page manual, goombahs... 

Guys can check me via my profile info, otherwise go back into your darkened closet....

 

[sean126]

My comments are only in DEFENSE from the smear-posters (who want something for nothing -- yeah, that's you Forum God Jr...go back and read your old PM's).   If you want something for free, go to the welfare office...and fill out some forms....

I still have the pm's, knucklehead.  yours AND mine.  In no way, shape or form....not even in the slightest of hints did I ever mention something for nothing.  I have hard, iron clad evidence that your 100% lying.  Do you have evidence to the contrary...if so, let's see it.  I mean your one of the few (myself included) that insist on a congressional hearing to get the facts straight, your also one of maybe two that insist on a public apology (even when your clearly in the wrong).  Let's see the pm's if your brave enough.  There are 6 exchanges in the pm's.  They will see that you was dodging my questions about your warrenty is all and then I got fed up with the runaround. If your lying, then do what you insist on others do in that instance....if not, then never bring up the subject of an apology again.

Oh.....I almost forgot, you never addressed any of my questions or statements here either.  Like; why do you trade with 6 methods, but you only lease one....but that has become common place with you.  If you don't have an answer that looks favorable upon you...you simple ignore the questions all together and talk about something else.  LOLOLOLOLOLOL.

   You obviously haven't been to the live pits at the CME or CBOT, or hung around the trading rooms on Wacker Drive....

No, I haven't hung around the trading rooms on Wacker Drive, but I bet that's your favorite place...isn't it?  Your probably their favorite pivot man.  LOLOLOLOLOLOLOOLOLOLOLOL

SocialDreg,
In all fairness.....YOU should start a "poor people's" helping trading account also.  $650 per day x 5 days is $3250 x 4 weeks is $14,000 per month x 12 = $168,000 a year.  You can help alot of people with that too.  LOLOLOLOL.

[sean126]

Today the Dow has now moved 120 points and it's only 10:52 am ET.  

It's only 11:28am ET and you've already stuck your head up your butt again.  LOLOLOOLOLOLOLOLOL<fart>ROFLMAOOOOOOOOOOOOOOOOOOOOOOOO

[SocialDreg]

All kidding aside....These system vendors target new traders with outlandish claims.  Their guarantees are murky at best.   They say 100% moneyback guarantee if you follow my rules.  But bear in mind this isn't a system so my interpretation of my rules may be different than yours.  Therefore you aren't elgible for any refund.  sorry.

There is no reason on earth for a small time vendor to sell or lease a holy grail system that returns on average 100% of margin daily.  They don't exist.  End of story.  People want to believe that there is some computer software that will lead you to the holy grail.  They want you to believe that they are making a ton of money trading such system and out of the goodness of their heart they are willing to lease it to you.  Like they say there is a sucker born every minute.

The futures industry is plagued with such system sellers.

[sean126]

SD.....so true.  If your making 30%+ overall, your making a killing.

I like DT.....we like poking at each other.  Harmless heckling.  To me, that's what it is.  I'll let him off the hook and just drop it.  Overall, he's a good egg.

[daytrader]

Two charts are displayed in the links below; 

The top chart is the "slow" chart that plots likely points the market may reverse at: Red values try to force the market down, Blue values try to force the market up, Cyan values support higher prices during uptrends. 

This top chart displays yellow horizontal lines that display short low risk entries; the white horizontal lines display low risk long entries.  Traders draw the lines manually, the simple trading rules guide them along with 1 on 1 live training. 

During this snapshot in time the market sold off from 13830 to 13786  (54 points @ $5 point on the mini-dow, $500 margin required to trade).  The market then reversed from 13786 to 13872 (86 points) before 10:15 Chicago time  (all times listed on these charts are Chicago time).  86 + 54 = 140. 

140 points x $5 = $700.  In less than 3 hours of trading the market moved 140% of margin.  Taking just the 4 long entries a daytrader would net 25, 55, 35 and 20 points going left to right with the arrows on the first link below.  Read the brown text on the jpg. 

The second link below displays  the long entry at 8:45 am Chicago.  The ideal limit order is the green horizontal plots, the stop loss is one tick < the blue horizontal plots and each time the dark blue (navy color) lines = a previous navy line, this is a "autobuy", which should be automated in the week or so. 

This second link is displaying a COMPANION chart that plots faster than the top chart; the top chart finds the likely reversal numbers, the bottom chart gives the trader low risk buy and sell entries.  The bottom chart is based on how prices change, the top chart is based on time. 

Technical Daytrading is merely the mixing of two variables, time and price. 

Want more, navigate to the website, fill out a form and you can witness live charts via a gotomeeting. 

Facts vs mindless dribble.  You guys would still be riding horses while Henry Ford is mass producing cars!  "No, it's IMPOSSIBLE...IT CAN'T HAPPEN...!!!" 

DayTrader





The market trades technically 100% of the time, there are NO random numbers.  The Fundamentals course listed on my website teaches how these numbers are revealed for all futures markets.

[daytrader]

Sean, I'll reply to your empty accusations in order:

1)  I no longer have the PM's.  However, you would not come in through the "front door" yet you wanted confidential information.  You would not reveal your name, phone number and/or email address which is required before I proceed.  You wanted something for nothing.  Period.  There are also Federal Regulations when discussing Futures (as determined by the NFA).  Proceeding further would be a violation of those rules, call any NFA broker, they will tell you the same thing.  You wanted something for nothing. 

2) Your crack about Wacker Drive (HQ of futures market) displays your ignorance...it is the co-equal of Wall & Broad for the equities market. 

3) your personal attacks and invoking Christianity display your repeated lack of professionalism and unsuitability for being a Moderator of any Forum

(maybe www.personal_attacks_are_us.com). 

Your supervisors, who tolerate such dribble of you are equally unprofessional IMO. 

The facts are out there for the World to see (if the Forum Godz don't delete them). 

This is NOT  a system; it is a methodology.  There IS automation coming but it STILL is a discretionary methodology that can be backtested and proven.  The Trading Rules are ironclad and are similar to the screen captures posted along with a few pages of documentation. 

In short, there are only 3 causes of a market reversal (regardless of direction), only 2 trading formations.  The Good things are Simple. 


DayTrader