traderguy

While I am not new to trading I have left for a few years. Martingale strategy, isn't that the same thing as double down? Works great till till you blow up like it did in 2009. Couldn't trade after that (f**k geithner):crap: BUT that's because I kept calling my broker to raise my maximum loss for the day. (3 times) Only reason I did that was because I though I knew the markets, that it was gonna turn around at some point. When your making 500-1500 a day for, you think your the shit. Had I taken a small loss I would have still been trading. Sure I would have had losses, but when you get in at pivot points crossing with ma, lots of price action, you can most always get out without bleeding. (I don't remember the name but i think it was at 6th ave and 26th street that used this strategy a lot) I have not read this entire thread but from what I could remember, Robert used pivots with support and resistance levels that coincide with many indicators. He liked to trade PA going in and out of trades real quick. BTW back then Infinity was charging 3.8 for round trip for ES, if you where one of his students. What is is now? Anyone have a oood cheap broker? (chaos still around? he had a good free room, where guys used to just talk trades they where making)