Brewski's Leverage Abuse

This is a discussion on Brewski's Leverage Abuse within the Trading Journals forums, part of the Reception category; Originally Posted by EnlightenedJoe Just pull out another 200 from under your mattress should do the trick. I just had ...

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Old Aug 5, 2017, 11:58am   #106
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Originally Posted by EnlightenedJoe View Post
Just pull out another 200 from under your mattress should do the trick.
I just had a look on the off chance and guess what...
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Thats just b0llox trading. Its all b0llox Spencer.
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Old Aug 5, 2017, 12:42pm   #107
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brewski1984 started this thread Just to prove it can be done, here's a screenshot of my most recent "big" win and no this isn't photoshopped I can prove I actually traded it because I was posting about it in Lee Shepherd's trading diary at the time. Only 346 cash in the account and over 5k profit.

It's only so difficult because I have such a close stop but with some patience and a bit of luck I'll catch another runner.
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Thats just b0llox trading. Its all b0llox Spencer.
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Old Aug 5, 2017, 1:07pm   #108
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It is also possible to win the lotto with even less money, yet you are not starting a thread to win the lotto.

Luck is possible in the market. But the market is the worst place possible for people who rely on luck. The 90%-99% of the people who lose their shirts can tell you the same.

So at what point do you decide it isn't working ? When what you have previously won are all gone ? You will only get 26 go's. This is a rather small number.

Also you haven't mentioned how much you have lost prior to winning the 5k. At a guess, I don't imagine the whole picture to be pretty because the bucketshops have significantly greater edge than casinos. They or their chums can just move the price - akin to picking up the ball and moving it in roulette.

Last edited by EnlightenedJoe; Aug 5, 2017 at 1:19pm.
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Old Aug 5, 2017, 1:30pm   #109
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Sorry to pour ice cold water on your bonfire, man. Staring at the market for 24/7/365/5 does that to people.

But carry on regardless. I am a fan of people who's got balls and make it in the end.
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Old Aug 5, 2017, 1:31pm   #110
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brewski1984 started this thread I opened this CMC account last June and currently it sits at a profit of around 1900. I trail stops and actually only made 3700 profit on the trade above (I should have said that rather than let everyone assume I actually made 5k - my bad, I was just showing that it's possible), I tend to widen the stop the more profit I get - as you can see it's 60 points there.
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Thats just b0llox trading. Its all b0llox Spencer.
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Old Aug 5, 2017, 1:48pm   #111
 
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Originally Posted by EnlightenedJoe View Post
It is also possible to win the lotto with even less money, yet you are not starting a thread to win the lotto.

Luck is possible in the market. But the market is the worst place possible for people who rely on luck. The 90%-99% of the people who lose their shirts can tell you the same.

So at what point do you decide it isn't working ? When what you have previously won are all gone ? You will only get 26 go's. This is a rather small number.

Also you haven't mentioned how much you have lost prior to winning the 5k. At a guess, I don't imagine the whole picture to be pretty because the bucketshops have significantly greater edge than casinos. They or their chums can just move the price - akin to picking up the ball and moving it in roulette.
Lots of assumptions there joe, and to be fair at best, an amateur view of bucketshops.

Obvious to anyone with a brain stem that brewski is under no illusions of what it is that hes actually doing, the thread is on topic. Got a much firmer grip on reality than some o the nimrods round here.
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Old Aug 5, 2017, 1:51pm   #112
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60 points could be spiked in a microsecond. If the incentives are there for the shop, even a 600 point stop won't be enough. To gamble and win big, there's no option but to go in with a pair same size as footballs. If you truly believe your directional analysis is correct, then you shouldn't be afraid to lay your deep pockets on the line.

I don't ever remember a story about a sissy gambler making it.
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Old Aug 5, 2017, 1:58pm   #113
 
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60 points could be spiked in a microsecond. If the incentives are there for the shop, even a 600 point stop won't be enough.
Amateur!
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Old Aug 5, 2017, 2:03pm   #114
 
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Might be worth checking this next time brewski, helps keeps things tidy
Click the image to open in full size.
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Old Aug 5, 2017, 3:04pm   #115
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60 points could be spiked in a microsecond. If the incentives are there for the shop, even a 600 point stop won't be enough. To gamble and win big, there's no option but to go in with a pair same size as footballs. If you truly believe your directional analysis is correct, then you shouldn't be afraid to lay your deep pockets on the line.

I don't ever remember a story about a sissy gambler making it.
Have to agree with DT, you are making a lot of unfounded passive comments about the "shops". If we are to assume you mean regulated businesses such as IG/Fins etc then I would really like to see any instance where they have spiked price 60 pts in microseconds without the underlying remotely moving in the same manner (barring an expansion of the spread around the underlying price (within reason)). If they are ever caught doing this you would simply quote the underlying movements as per the exchange if going to appeal.

Its kinda like suggesting a bookie wont pay out on Frankel winning his horse race, because they make up their own winner
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Old Aug 5, 2017, 3:11pm   #116
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What brewski is doing is not easy on the old grey matter.

Kudos to him if he makes his fortune

Lots of false starts, give backs etc, but when the home runs come in, and he maxes out on a runaway market, he will be way ahead, especially if playing in the right locations.

G/L in your thread mate - follow your own path!
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Old Aug 5, 2017, 3:16pm   #117
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Interesting idea this.
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Old Aug 5, 2017, 3:41pm   #118
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Have to agree with DT, you are making a lot of unfounded passive comments about the "shops". If we are to assume you mean regulated businesses such as IG/Fins etc then I would really like to see any instance where they have spiked price 60 pts in microseconds without the underlying remotely moving in the same manner (barring an expansion of the spread around the underlying price (within reason)). If they are ever caught doing this you would simply quote the underlying movements as per the exchange if going to appeal.

Its kinda like suggesting a bookie wont pay out on Frankel winning his horse race, because they make up their own winner
brewski was seeking my conversation. Clearly he found my ideas useful. He's more experienced, and could understand some of the the stuff I was saying.

I don't have court approved evidence on any of this. Even if I did, what's in it for me to share it with you ? This kind of info would rate 11 out of 10 on the holy grail scale. Naturally, these must be hush-hush and only be understood by the select circle.

DT is more on the beginning end of the spectrum. So I don't expect he knows what's going on. But give him time, that one's got potential. He's good in math and can swing his photoshop at a moment's notice. You will learn alot from him.

Anyway, here's a 6000+ point spike my shop and/or chums did in silver. Pitty brewski missed it. He could have made close to a million with only 200. It only takes 1 micro second (my estimate, my chart has only m1 precision).

Click the image to open in full size.
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Last edited by EnlightenedJoe; Aug 5, 2017 at 3:55pm.
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Old Aug 5, 2017, 4:43pm   #119
 
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Originally Posted by EnlightenedJoe View Post
brewski was seeking my conversation. Clearly he found my ideas useful. He's more experienced, and could understand some of the the stuff I was saying.

I don't have court approved evidence on any of this. Even if I did, what's in it for me to share it with you ? This kind of info would rate 11 out of 10 on the holy grail scale. Naturally, these must be hush-hush and only be understood by the select circle.

DT is more on the beginning end of the spectrum. So I don't expect he knows what's going on. But give him time, that one's got potential. He's good in math and can swing his photoshop at a moment's notice. You will learn alot from him.

Anyway, here's a 6000+ point spike my shop and/or chums did in silver. Pitty brewski missed it. He could have made close to a million with only 200. It only takes 1 micro second (my estimate, my chart has only m1 precision).

Click the image to open in full size.
Click the image to open in full size.

Amateur!
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Old Aug 5, 2017, 5:06pm   #120
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Originally Posted by EnlightenedJoe View Post
brewski was seeking my conversation. Clearly he found my ideas useful. He's more experienced, and could understand some of the the stuff I was saying.

I don't have court approved evidence on any of this. Even if I did, what's in it for me to share it with you ? This kind of info would rate 11 out of 10 on the holy grail scale. Naturally, these must be hush-hush and only be understood by the select circle.

DT is more on the beginning end of the spectrum. So I don't expect he knows what's going on. But give him time, that one's got potential. He's good in math and can swing his photoshop at a moment's notice. You will learn alot from him.

Anyway, here's a 6000+ point spike my shop and/or chums did in silver. Pitty brewski missed it. He could have made close to a million with only 200. It only takes 1 micro second (my estimate, my chart has only m1 precision).

Click the image to open in full size.
Thanks for the chart, but it was not your bucket shop that did this, the low on the actual market (sept silver future) hit a low of 32/33 so even a bit lower than your bucket shop. See, the bucket shops cant just make up b*ull**** prices there has to be an underlying base price.

Thanks for all the other advice also!
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