E mini 500 today
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Started by mikempt - Nov. 25, 2025, 9:56 a.m.

At 6:30 est this morning I bought a e mini 6700 put for 14.75 ticks. I just sold it for 31.50 ticks for $837.50 profit. I bought it because volume and open intrest were loaded up there. The second reason was the chrt was wound tight as a spring. This evening when i post the statement from td ameritrade, what part wont you believe?

Comments
By metmike - Nov. 25, 2025, 10:41 a.m.
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Thanks, Mike!

Nice trade. 

Again, I believe that you do trade, often successfully and post some of your trades here.

But almost nobody makes money every time and never loses money for decades and is still just trading 1 contract on their trades. 

You would have sold your plumbing business and been doing this for a living. 


Hillary Clinton was able to have the same results in the cattle futures in 1978/79  as you show here and it was determined that the odds of her doing what she did were 1 in 31 trillion. Her story was very interesting.

We know of course that she had a crooked broker that worked for Tyson Foods traded huge, numerous accounts from both sides of market. It was back in the days when you could place trades, AFTER they came back into whatever accounts you/he wanted to. Her broker put on trades that made money in her account, until it reached $100,000, the agreed amount of the bribe to Bill Clinton, then Hillary the world greatest trader, retired from trading forever. 

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                            By metmike - Oct. 24, 2021, 10:52 a.m.            

In the 1990's, I turned 2K into 500K from actual legit trading because I had a satellite dish on my roof getting weather data to trade weather markets BEFORE everybody else in the market. I left my tv job in 1993 to do it full time because I was making 5 times what they paid me and it freed me up to be with my family, coach chess at 5 schools and do things that I wanted to do with my life. 

That extraordinarily  successful,  brief window in my trading career closed forever when other weather traders caught on and got that data, sometimes even faster than me. However, I can still make money more than I lose money like everybody else thats any good at this. 

Your secret system is wonderful and has value, as I've mentioned but it has an enormous number of failed trading signals that are only obvious AFTERWARDS as do even the best systems. If you take every signal, then you lose money on those occasions which is why I always ask you where your stop was, which is always missing in your trading strategies. 

It's your choice if you only want to show the ones that made money AFTERWARDS and never post money management or stops as part of the strategy in those posts. Human nature makes us want to only share times like this. But as moderator of this trading forum that discusses solid principles for successful trading, I'm not sorry about having to sometimes challenge Mike the worlds greatest trader because of his choices. 

Everybody else in the markets has access to their own secret systems. Many are successful and most of them are extremely disciplined and all of them have losses too. The last thing we need to do is to mislead readers to think otherwise.

Please do show your trade tonight. I'd love to see it!