Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Re: Anyone scalping the FTSE Futures??
Quote:
Originally Posted by MartinC-J
wallstreet - what's the idea of the slagging match over here. I've read your thread and think its great. What's the point of coming over here and starting up a fight. Please keep it on your thread. I'm sure DC2000 is happy to discuss this with you over there.
The theory is this .......
if someone comes into your house and starts a fight , what do you do? you retaliate. I have never until this day gone to somebody else's blog and questioned there trading ability. DC200 came to my blog and started to disrespect me on my blog(the proof is on my blog, go ahead and read his sarcastic remarks). I was very patient with him until it reached a level that was unacceptable and unbearable.
It is human nature to be defensive when transgressed upon. If you read my history I have always been kind, helpful and respected everyone. It is very disrespectful to go to somebody's blog and question there success rate and trading ability. He should learn some manners.....
I then decided to prove my ability by posting my live trades in real time with entry, exit stop loss = good money management. PLease visit my blog and see that I have had 100% success rate this week and exceeded + 350 points. DC2000 still does not show respect even after proving my ability in real time. He has consistently argued the bullish scenario, I have explained to him why this market is not bullish with several technical and fundamental arguments. I have hit all my short targets this week whilst he is stuck in his longs on Dow and FTSE 100 with massive losses....and he still will not declare his stop loss because he doesnt want to be accountable for his losses. I always give my stop loss and my risk is always less than 3% per trade, as my teacher taught me.
I also called the market top well in advance of everyone on trade2win , please see my analysis
http://www.trade2win.com/boards/uk-i...-am-right.html
DC2000 witnessed the consistency rate, success rate and sheer number of points I was making and felt threatened and got jealous........hence his immature remarks that started this all off.
DC2000 has yet to post a single chart or provide any fundamental reasoning for going long ........Whilst I have provided comprehensive analysis and running commentary, thereby helping new traders learn and understand.
WE can call a truce here and I will leave him in peace and I ask him to leave me in peace. I ask him to stay off my blog and focus on improving his trading skills and ability as his success rate recently has been very poor. I have never met a successful trader until this day that states he is going long with deep pockets .......this is a recipe for disaster and new traders should not be learning this type of trading style. It may well work for him in the long run, but it is a very dangerous strategy as your risk parameters should always be defined.
What if the market had a flash crash over the weekend and we gap down - 500 ?
would he be wiped out ?
Look at this news
"Kodak denies bankruptcy plan but shares plummet. The company's market value plummeted to roughly $210 million on Friday, "
An event like this could happen in Europe at any time and cause a massive market crash. Hence a physical stop loss is very important, and this is what should be taught to every trader.
All I ask is for him to stay off my blog and to stop posting derogatory remarks. He has seen my ability at first hand and I have proven myself as a consistent and successful trader.
Can you please explain this to him ..........
I always come in peace and now I will leave in peace .......
"Be peaceful, be courteous, obey the law, respect everyone; but if someone puts his hand on you, send him to the cemetery."
Malcolm X, Malcolm X Speaks, 1965
