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HATEtheRisk
Registered: Aug 2011
Posts: 1587 |
09-30-11 05:05 PM
Quote from MKTrader:
in your $500 ETrade account this morning, that's immaterial.
.
HAHAHAHA, still very funny, man.
500$ is my toilet paper....hahahahaha...
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no i have no statistics of the turtles strategies, bcuz how i said in an earlier post i have not focused on that bullshit.
But i have seen it working all the time, so you could say, after the charts are written, it would have worked, but in reality it wont have, bcuz how i said it would be too easy.
I am just telling you what i see. I dont need to build now an statistic for that. what a joke ? Do it for yourself if you want.
have a nice day
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HATEtheRisk
Registered: Aug 2011
Posts: 1587 |
09-30-11 05:08 PM
Quote from MKTrader:
Looking at the charts won't tell you anything. Sure, there have been some big trends, but what is the overall profitabilty of the Turtles on a basket of trading instruments using the original rules?
I know it started to fail in the early 90s and don't think it has performed consistently since. If you have hard data showing otherwise, I'd be interested in seeing it.
From what I've heard, the original Turtles who remained successful either modified some rules or designed completely different trend-following systems
and yes, MKTrader, i share your opinion, that they do not work, the maybe only one who realy knows how they work is the creator, i dont know his name, and i am too lazy to look in the book.
I just say, if you look historically in the charts, you could say "hey the fucking ninja turtles are still playing around".
Know now what i meant ?
PEACE, brother...
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HATEtheRisk
Registered: Aug 2011
Posts: 1587 |
09-30-11 05:11 PM
Quote from MKTrader:
[B
From what I've heard, the original Turtles who remained successful either modified some rules or designed completely different trend-following systems [/B]
yeah, and thats exactly the point, why they then came back again to success, some of them, bcuz they ve created their own strategies - only if a trader can let flow his own personality in his methods, they will work. IMO
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eusdaiki
Registered: Sep 2005
Posts: 1696 |
10-01-11 04:02 AM
Quote from HATEtheRisk:
the maybe only one who realy knows how they work is the creator, i dont know his name, and i am too lazy to look in the book
Richard Dennis? Or something like that?
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ndjeff7
Registered: May 2005
Posts: 76 |
10-01-11 04:16 AM
Using the old opening indications on NYSE was my favorite old edge. There were always a handful of stocks everyday where you could get a couple thousand shares and flip them to the specialist for the opening NYSE print.
I remember each options ex feeling like Xmas morning because there'd be so much free money on the opening indications. It was a sad day when that game ended.
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HATEtheRisk
Registered: Aug 2011
Posts: 1587 |
10-01-11 07:49 AM
Quote from eusdaiki:
Richard Dennis? Or something like that?
yes, Richard Dennis is his name.
Respect for him, he is a real master, we all should look up to him and call him our god.
He made 200M$ for himself when he was in his mid 30s.....
All technical, no fundamentals....just got in and out of the trade.....
respect richard....
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