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TFC Commodity Trading Forum

Re: Whatever... Z? banned/Duck
In Response To: Re: Whatever... Z? banned/Duck ()

"Double talk"?

Not at all.

I can be very bullish, or bearish, a particular commodity or group/subset thereof.

I may even choose to play the wrong side. Looking for a major move.

Classic case in point (let's use Z as an example). He became "SOLD" on crude, at about 110 per bbl.

His methodology of selling against (frequently under) 20 bar (for example say "trading day") lows.

He would have gotten short, approximately 4-8 times, prior to it's dropping.

At which point, he was short, piled on that market, and covered ... close to ten or fiteen bucks, above the low.

Go back, look at the charts and see ...

There was some pretty big money made playing the market that way.

I'm not going into anything that remotely resembles defending Z, his trading, methodology or analysis.

It's that I have been lightly following his posts, since 2000 and I've seen him some very, very major licks.

I consider myself to be the best (head and shoulders above) trader that I know, personally.

I wouldn't say that (at least that's my belief) if I personally knew Z.

It's just that someone can consider one's analysis "lousy" but their trading still makes bozillions.

Saying that statement is "double talk" is .... (you fill in the blank)?

Messages In This Thread

Re: Whatever... Z? banned/Duck