went long at 5160,took profit at 5276
Mike, are you asking me to comment on this?
I'll be extremely happy to do that if that's your question.
Explain away! I,m not try to bait you into an argument. I do have one thing to say, Over my 26 years of trading,I have tried everything from ATR stops to risk reward rations to every other stupid thing written. I have tried every time frame from monthly to 233 pivot points.
I like to trade support & resistance on the five minute chart for a quick swing trade in reguards to the emini 500.
I have a different set up for grains. I have a different st up with gold,the dollar and overnight markets.
most times I dont use stops. I take profits when I feel.
So have a go at it!
Thanks, Mike!
Your trading system sounds great as you explain it but you have no risk management and every single time I’ve asked about that you’ve completely ignored me.
The vast majority of trades are similar to yesterday.
You either tell us 1 thing that violates your own trading system, like you did in the morning, or more often than not tell us you TOOK A TRADE AFTER ITS PROFITABLE AND OR AFTER YOU TOOK PROFITS.
Honestly, I feel bad having to hold you accountable but you had the opportunity in the first post on Monday to tell us what the set up was and where and when you were going to buy yesterday but you never do that.
I even asked you after that first post of yours but got ZERO response until late in the day when, like usual we got a new post.
We find out that you’re long and in the money again.
Still no explanations or answers to key question about where you have a stop or what your price objective is.
And just to let you know, traders that are making a killing every year like you do ARENT STILL TRADING JUST 1 contract On every trade.
They increase size.
A trader with a 10k account doesn’t trade like a trader that has grown it to an order of magnitude greater.
based on your trades here, your account should be over 1 million.
And you’re expressing being nervous over putting on a trade of 1 contract earlier this month because of being on the job(your real job that makes no sense because your trading should make 10 times that and being a plumber is hard work-good for you on doing the hard work)….i believe that part but a trader of 26 years that has made a million dollars trading doesn’t get nervous over trading 1 contract.
I really enjoy your posting here, Mike the worlds greatest trader, but It isn’t at all as you constantly describe it for you or for anybody.
That you have your own Secret System that you constantly violate and that it’s no mystery for you.
Telling us earlier this month that your sorry it’s so hard for everybody else because it’s so easy for you.
If that really was the case you would be able to answer basic questions and be able to carry on a trading discussion that explains what you intend to do, as you failed miserably at doing yesterday beforehand that includes risk management and not just what you did afterwards when you’re in the money or made money.
You must think I’m pretty gullible, Mike…..or that you‘re smarter than everybody here.
Ive actually NOT called you out on this because I like you and am respectful and kind to people but you asked for it.
Sorry, man!
https://www.marketforum.com/forum/topic/111136/
What is the Big Mystery?
Started by mikempt - April 12, 2025, 2:08 p.m.
I started seriously trading grains back in 1999 since I understood grains from working on dairy farms here in penna..
Over the years I started trading E-Mini 500 & Gold.
I have invented my own secret system using moving averages,RSI and support & resistance levels.
I trade on the Think or Swim Platform. While everybody here is glued to the tv wondering if Donald Trump loves them,I am smoking weed and programing the trading bot.
Think or swim allows me to send notifications to my cell phone. I program in support & resistance levels, I program alerts when the RSI rises or sinks through the 50 line.
I can program the make the trades automatically if I so desire.
I dont need or use useless statistics, just give me some good green bud, a support or resistance alert and an RSI signal in relation to the 50 line.
Sorry its so easy for me to make money while most of you here struggle. never forget that I paid my dues over a lifetime to learn.
I post i was taken into the trade near the close of the day. I postEd when i offset the trade Thi morning.