You can't be serious.
entry and exit rules are predetermined before the trade is made
How can an exit trade be predetermined? It is impossible to know if a trade will be a gain or loss once the trade is made until closed.
You were here on this thread giving me a hard time earlier in the year for some trades that were down. Those trades came back, made a profit, and showed Al to be a good trader.
Maybe Al got lucky - maybe he didn't. What if Al is unfortunate this go round and he finds losses continue to increase greater than 40%. What then?
You don't visit this thread when Al makes good trades, only on the minority occasions when he has trades underwater.
What is your point? So what.
When the market turned against you early in the Spring you didn't visit MITA much either. Further, since I have been dead on the money since early October you have never acknowledged my calls in either calling the bottom or every step of the leg up - including the pullback.
That says a lot about your character.
Puh-lease. Cry me a river.
Character?
What comes around goes around, no?
From the moment you came on MITA all you did was declare Rydex irrelevant and declare your P/C analysis and QQQ analysis never wrong.
Your analysis of it is wrong now.
The purpose of Al is to test ways of making money. Al does a good job of bringing value in that respect.
Maybe, maybe not. If you do not share Al's rules of trading how can it be of any value to anyone else? Maybe it is an exercise in simple paper trading or self aggrandizement.
What purpose do you serve; what value do you bring?
When I began posting Rydex sentiment analysis - Rydex was never talked about on SI except for a thread on Rydex Japan. I posted rydex total assets day in and day out for 2 + years of my own free will with no regard for anything in return. Today, rydex sentiment analysis is talked about everywhere on SI and on a multitude of other investment threads:
siliconinvestor.com
In short, I brought value to SI and the investment chat community in examining and expanding on a form of sentiment analysis. I expected nothing in return. And I am not patting myself on the back now.
With your work with Al, ask yourself if you can say the same. If it falls short, challenge yourself to make it of value.
Why are you here?
Probably the same reason you came to MITA - to find value. I haven't found any value here just as you have said the same with MITA until you expand on Al's rules - if he has any.
I believe in the first amendment just like you. I am free to say what I feel just like you do on MITA.
Now the tables are turned and the market has gone against you and your trades. This is where the real test of Al's value comes into play and it is to your advantage to find seeds of a greater equivalent in this adverse position just like I did on MITA.
If you don't like my criticism- too bad. I have dealt with yours all the same on MITA.
I would be more than happy to leave AL's thread alone if you did the same on MITA.
Otherwise, Que sera, sera.
And at least update your IBM trade now well over a month since you entered anything in the thread header. |
