Anyone scalping the FTSE Futures??

Did I mention I made £531,782 and 12 pence today going long on the dow all the way up to its all time high!

No? :-0

Oh well I did, you'll just have to take my word for it. :LOL: :LOL: :LOL:
 
Dow up 210 points.

Why?

Because no one is selling. No other reason.
If you want to buy the 'bots will front run your price and tick it higher forcing you to raise your bid. Ultra low volume.

Just wait until the 5th July though.
 
Thats just nuts.

See you on Wednesday!
 

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no stops trader said:
think dax's hit bottom, if you want to long now be my guest
I won't buy unless 12,525 so probably will miss the next ride up
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Does that trade show as a virtual loss on your demo account? I mean its still underwater and was down over 200 points at one stage. :innocent:
 
postman said:
Last: 2,429.01
Change: arrow +5.60

Hardest game in the world. ;)
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Yes great call Postie. I take some comfort at calling the top turning point by hook or crook ;)

Now if it was a regular Monday it may have been another story.


(y)
 
Asian markets closed with contained variance, despite the positive news coming from the Chinese economy. In June, the Caixin PMI index reached 50.4, above the estimated 49.4 and 50.0, which separates a cycle of expansion from a contraction cycle. Unlike the official PMI index prepared by the state authorities, the Caixin PMI index, calculated by a private institution, is compiled through surveys of small and medium private enterprises. These companies are more representative of the more dynamic areas of the Chinese economy than the large state-owned enterprises, which are at the heart of the official PMI index.
 
postman said:
Does that trade show as a virtual loss on your demo account? I mean its still underwater and was down over 200 points at one stage. :innocent:
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since it's a virtual trade on a virtual account using virtual money then why waste brain time thinking what to do with it

on the other hand, pretending it was a real trade on a real account staking real money then the trade would have received the appropriate attention within the Beffett+Medallion strategy spelled out in my early posts and on the what-your-edge thread. this combined strategy would tell me to keep the position live, add to it at 12,430 and set a combined t/p at 12,603. The strategy also puts a hedge on the combined positions if dax fell below 12,047. if the hedge gets triggered then the position is held in a frozen state for some time (medallion strategy), at the appropriate time, fundamentals are reviewed and the position either married with the hedge at a small loss or allowed to reach the t/p target for profit. unless I was a fool to enter against fundamentals in the 1st place, over 80% of trades that temporarily turn, do recover, in some cases by far more than the initial t/p level, giving, in rare cases, 1,000 + pt profit on one nurtured trade (not so rare if the trade had been on the mib rather than the dax)
 
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cantagril said:
-You have apparently learned to trade in a vacuum which is commendable if an unusual approach. Most folk read a lot, practise a lot (and with luck, lose a little) so perhaps if you were to share some of your experiences and how you arrived at your particular spectacularly successful strategy then you might find a very different audience.

-Why are you bothering to post on this kind of forum and on this thread in particular when it would have been immediately obvious to you that what you are doing is in a different league? Most people here would probably not be bothering with any forum at all with your kind of revenue. For example the millions that you have made over the last couple of years.

- You have said that you want to help but so far you haven't... or have I missed the explanation of your strategy?

-How have you managed to be unaware for 5+ years that your level of returns is exceptional by any measure?


Enquiring minds want to know but I'm fairly sure, we won't. Anyway, whatever it is that you hope to achieve, I wish you every success in your endeavours.
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You have apparently learned to trade in a vacuum .... hardly, never thought of forums as "be all and end all" of a trader's education. I learned by studying the styles and techniques of all the greatest investors and traders. never occurred to me that an armature on a forum could teach me more than them so that and not a forum, was my starting point.

-Why are you bothering to post on this kind of forum and on this thread in particular when it would have been immediately obvious to you that what you are doing is in a different league? 2nd Q first, wasn't "immediately" obvious, just became obvious immediately I stated my result for the month... never thought the participants were all, without exeption, such hopeless traders, and were so for a reason... the tall poppy syndrome... obsessed at cutting down anyone that was better than them rather than rising themselves... must be uncomfertable for then in the UK, a more socialist country would better suit them, no need to compete with the Jonses as all Jonses are of equal wealth

- You have said that you want to help but so far you haven't... or have I missed the explanation of your strategy? you most certainly missed everything. I was posting entry and exit of almost all my trades and spelled out in detail my techniques on 3 lengthy posts. you can bring a horse to water but can't make it drink!

-How have you managed to be unaware for 5+ years that your level of returns is exceptional by any measure? apparently, you missed that post too. I was exclusively on fund seeder and my relative performance there is just above average, I expected participants on forums everywhere to be at least that, never for a moment imagined that traders on T2 could be so hopeless traders not to mention dinosaurs in techniques and schoolgirl gelous & vengeful in character.
 
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NickBk said:
How funny does this get?
I can't add anything to that and make it in any more hilarious.
Really...
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I'll add it for you then, walk with me to the bank then we can both laugh all the way there as I deposit the $10k of yesterday's trades. Must be so stressful to suffer from the tall poppy syndrome
 
no stops trader said:
I'll add it for you then, walk with me to the bank then we can both laugh all the way there as I deposit the $10k of yesterday's trades. Must be so stressful to suffer from the tall poppy syndrome
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Dude I think you smoked all the poppies already, not only the virtual ones.
 
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