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Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)
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Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)

  #51 (permalink)
Elite Member
Honolulu, Hawaii
 
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DionysusToast View Post
OK Mike - if you say that wasn't a poke at me with the account number thing, fair enough.

As for SIM vs Real - this is quite important.

There is a lot of value in watching a profitable trader execute. This is one of the few ways to pick up on the nuance of a method. For instance, if someone says "give it a few moments", as a student, you'd come to your own conclusions on what "a few moments" is.

I dont agree with following someone or shadow trading but I do believe there is much value in being in a room (virtual of physical) with someone that knows what they are doing.

Someone that SIM trades, that cannot put their money where their mouth is - well that's a person that isn't able to trade. There is zero benefit in watching such a person. Such people should be learning, not teaching. They should be watching, not showing.

So - I feel these things are important, so that new entrants into trading don't get sucked up into a bullshit vortex.

Now - in terms of Mr TradeItDontDateIt.. I took liberty to record his DOM against mine. Now at this point I have to cross a line somewhat vendor-wise and tell you that my DOM shows the executions, so I can clearly see whether trades actually went through against a bid or not.

So - I watched & waited for him to make a trade. He was long 25 contracts and flipped to short. What I should have seen was 50 contracts hitting the bid and guess how many went through??? Yup - none at all.

It's fake, totally fake. He switched off shortly after making that trade.

I wont post the video as it could be construed as advertising but I will PM it to Mike.

He uses a special feed where only uber-wealthy traders who shop for handbags get to use. Gosh, didn't you know that!

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  #52 (permalink)
Market Wizard
virginia
 
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DionysusToast View Post
This is true indeed.

I presume you are accusing me of that, right? As you included my picture with your comment.

Is there some reason I've led you to believe I'm dishonest Mike?

on the net, that is how you 'join' the same train of though by including what already 'said'.

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  #53 (permalink)
Market Wizard
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bluemele View Post
He uses a special feed where only uber-wealthy traders who shop for handbags get to use. Gosh, didn't you know that!

he left out the part he clicks back and cancels all orders imm.

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  #54 (permalink)
Elite, not Elitist :)
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Does he trade live? I checked out livestream and it appears he is showing old charts from 2011.

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  #55 (permalink)
Market Wizard
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BeachTrader View Post
Does he trade live? I checked out livestream and it appears he is showing old charts from 2011.

He does SIM trade - usually between tea time & when his mom tells him to turn his lights out.

About 9/10pm EST is when he's at it....

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  #56 (permalink)
Elite, not Elitist :)
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He appears to be trading live today. Why would he SIM trade with those results? He seems to be a really good trader. Makes no sense not to make real money, even with reduced contract size.

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  #57 (permalink)
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Seriously...?


BeachTrader View Post
He appears to be trading live today. Why would he SIM trade with those results? He seems to be a really good trader. Makes no sense not to make real money, even with reduced contract size.

If your not ringing it up toady turn in the mouse and look for your wing-tips.

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  #58 (permalink)
Jedi Master
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wldman View Post
If your not ringing it up toady turn in the mouse and look for your wing-tips.

That's assuming the trader went long and stayed long from the morning pullback.. The entire 40-42 level can also be seen as a potential short. I have not followed him lately but from what I saw when I did, he seems to have some trading skills and I often wonder the same thing myself but I'm done guessing around this...

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  #59 (permalink)
Market Wizard
Bangkok
 
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BeachTrader View Post
He appears to be trading live today. Why would he SIM trade with those results? He seems to be a really good trader. Makes no sense not to make real money, even with reduced contract size.

Did you see complete trades from start to end - begin to close.

Just asking 'cause whenever I watched it, he'd open up with a trade already in progress..

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  #60 (permalink)
Elite Member
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Futures Experience: Intermediate
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Posts: 2,547 since Jun 2010
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Anyone can turn profitable via SIM if they treat is like SIM!

It is the easiest thing in the world to be a profitable trader via SIM....

Do not let SIM traders fool you...

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