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I understand and appreciate that this is a very difficult scenario with such limited cash. I have watched my guy call the market in live trading for 4 months and believe in it.
With that being said, I accept resposnibility for the risk involved. I just sent the post but still havent seen any specific suggestions, other than to trade options on the QQQs.
SMC
-------Original Message-------
From: realtraders@xxxxxxxxxxxxxxx
Date: Sunday, October 12, 2003 14:40:52
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] OK....which market???
I think that this is the wrong approach. It has nothing to do with the mentors ability to trade and everthing to do with the results of past students that he is currently mentoring. If the system works for them it should work for you.
----- Original Message -----
From: RB
To: realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, October 12, 2003 2:13 PM
Subject: Re: [RT] OK....which market???
Has this mentor should you his brokerage statements for the last 3 to 5 years? Or just the charts. Also remember. It is not the win rate. It is the money made! You need to remember that. You can be shown charts showing all kinds of, what you could of or should of done. It is the money made-brokerage statements that count.
----- Original Message -----
From: Sean Cassidy
To: realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, October 12, 2003 10:59 AM
Subject: [RT] OK....which market???
Since there appears to be a consensus out there that the S&P is a very difficult market to trade, and we all know what not to do, could I get an idea what is exactly the best market to trade?
I am working for a company that has just been bought and may be losing my job in a few days. I have very limited cash to do this, probably about $2000.
What has been frustrateing me is that I have a trading mentor who is using the best most accurate method I have ever seen.It has an 80% win rate or so and uses a 1 point stop on the S&P (yes, 1 point). It is a very subtle method that uses boliinger bands and multiple time frame analysis.
Again with such limited capital, I am looking for opinions as to which is the most "tradeable", consistent market to trade.
SMC
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