Larry Levin trading room profits

[matrix271]

I just got an access for the last hour of trading in Larry Levin’s trading room. It looks that today they made 5-pnts on minis. The also send me email which documents the for the last three years they have only on loosing moth ( -34pnt) and on average made more than 100-pnts for a month. If anybody has a thought about such stellar performance?

Thanks.

 

[Pazienza]

I just got an access for the last hour of trading in Larry Levin’s trading room. It looks that today they made 5-pnts on minis. The also send me email which documents the for the last three years they have only on loosing moth ( -34pnt) and on average made more than 100-pnts for a month. If anybody has a thought about such stellar performance?

Thanks.

Motherf***er sounds like a f***ing lOOser.

 

[the hare]

and they have a MOTH ?

Their system is probably some clever chaos theory shinnagins, like the butterfly effect, but moth based.

 

[enragedcow]

and they have a MOTH ?

Their system is probably some clever chaos theory shinnagins, like the butterfly effect, but moth based.

nearly pissed myself

100 points a month (i'm assuming points = pips?) that's exactly the same as my last month
if they can do it consistently then awesome but obviously they can't

 

[Pazienza]

nearly pissed myself

100 points a month (i'm assuming points = pips?) that's exactly the same as my last month
if they can do it consistently then awesome but obviously they can't

Not quite. With ES, 1 point is worth $50 per contract, so for each point move you make or loose 50 clams. But the smallest increment of movement is the tick - ES is 4 ticks per point, or $12.50 per tick.

There is a similar thing with other futures, although the tick value is different (for example 10 ticks per point instead of 4).

So with index futures, ticks = pips, not points = pips. That said though, with YM (mini Dow) the smallest posible movement is one whole point, so there point does = tick and would be the equivalent of a pip.

 

[mattboffey]

Pazienza - i see you have added something new to your signature

 

[Pazienza]

Pazienza - i see you have added something new to your signature

I refer you to my signature.

 

[Murders&Executions]

You'd figure by now that Larry could afford a wig with all that money he's supposedly rolling in. I take this guy about as seriously as Matthew Lesko.