The following is excerpted from tonight's Daily Update ...
Ok Gang, since we had to forego the webinar this week I got to
feeling a might guilty. So here's a little compensating balance for
the braver souls willing to share with us where they are in the trade
game. See the Cocoa commentry below for a contest. The winner(s)
will receive a $25 credit off their next subscription renewal.
Let's have some fun and kick it up a notch. I don't understand how
Emeril does not weigh 5,000 pounds.
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6: MARCH COCOA
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COH5 O=1640 HI=1670 LO=1632 CL=1638
It tried real hard to parlay a gap down open into getting our numbers
into play ... fell just a bit short. I cheated on you though. I did do
a trade today at numbers not previously discussed. To assauge
my cheating ways I thought we'd declare ... CONTEST TIME!
I'm not going to give you any hints or intell on what I did, not even
gonna' say whether it was a long or short trade. I'm not even gonna'
tell you if it was profitable or a loser. To win the prize, you need
to give me a short synopsis of the analysis you used, give me all
the action numbers ... entry, stop loss, B/E roll, any subsequent
rolls and a target. Then tell me how the trade ended ... IF it ended.
Do not email me directly, post your answers at the forum so everyone
gets a chance to learn and see why we are home to the greatest
bunch of people gathered on any forum. Good luck all!
Here's the scoop on the judging criteria for this contest. Pay very
close attention, this is important info you must grasp completely
to do well and have a chance at this huge prize. I opened
my first trading account about 23 years ago. My first broker was
named Leo. Leo had an easy laugh, told really good jokes and
couldn't trade his way out of a wet paper bag while wearing baseball
spikes. But, I loved him and truth be told he only cost me about
10g's. At that time I didn't know you could call your own trades,
so I just left it up to Leo and his band of thieves. Each day I'd call
Leo, get the joke of the day, we'd laugh and lie to each other a while.
After about 20 minutes of his schmooze I'd say ... "Hey, Leo, what
did I trade today?" He always had some lame answer and explanation
why we dumped $500 or so. Ol' Leo passed away about 15 years
ago, they buried him at Forest Lawn in Burbank, CA. You can see
the Disney Bldg with all the ridiculous cartoon characters molded
into the facade of the bldg from his hillside perch. Eisner deserved
to get fired on the basis of that bldg alone. Anyway, I digress, I go
to Leo's grave about once a month. Watch for his family to come
pay their respects and leave flowers. After they leave I go ask Leo,
"What did I trade today." Then I steal the fresh flowers and leave.
I've been doing this for the entire 15 years since he passed on. I
figure another 20 years or so I will have recouped my account and
I have the added benefit in Jacki thinking I'm a really cool husband
always bringing fresh cut flowers home. I'll make my monthly pilgrimage
to see Leo this week end. I will ask yet one more time ... "What
did I trade today?" That is essentially the same question I'm asking
you, so the answers should match pretty well. Sooooo, if you don't
like the outcome of my naming the winner, remember, it was Leo
what made the decision ... I'm just the medium. Email Leo c/o Forest
Lawn Cemetary if you have a bitch about the contest.
For tomorrow, I will play the TT numbers ... fat chance of that ...
and the same numbers from yesterday's update.