And by the way, I'm nobody's acolyte. Just someone who knows and respects Dr Niederhoffer and feels he should be defended against the pack of...
Excuse me Mr Lizard, or should it be plain 'snake'? But what is pathetic is the continual sniping and petty viciousness that this thread seems all...
He's not the pathetic one. Try either Francis Galton or John Galt ('Atlas Shrugged').
Incidentally, I have only one identity, and I'm sure the same goes for Bunny Pink, Market Surfer and others. It's interesting from a...
Just trying to help. Smile! :D
I believe there is a link here between your use of stops (dynamic/ fixed/ whatever) and your idea that past data has limited value for the future....
Well I take my hat off to you, I have tested a lot of systems but haven't found one which worked better with a stop loss. Of course perhaps you...
IF you test any kind of system (which I figure you don't) you'd see that stop losses invariably limit performance. I don't see why you're taking...
Really sounds like you'd be better off cutting your lost time with your trading efforts, getting a job and squirreling money away into an index...
So you are saying that after a period of sharply declining prices one should exit longs? You're teasing, right? If not I suggest you try to...
Precisely. Much better to get a job and dollar cost average into an index tracker.
Really this is excellent. Almost as good as me in fact...
I personally prefer a lower risk profile. But I don't believe there is a 'correct' answer on this.
Risk is all relative. What would any of us do faced with a 1987 style crash in which there are no bids? Stop losses don't even get filled in that...
Actually we're more or less in agreement! Congratulations! Your last post confused me as you did seem to be backtracking. But now you have a...
OK, so why are you testing your trading ideas using stats, or any other method based around historical data. Why not tea leaves? You ARE going...
Why are you going back on your previous excellent idea??? Is it because you realised that such an objective method of testing returns might...
OK, we seem to be back with the Arseimedes line of reasoning of pursuing his 'arete' (excellence supposedly) but without any clearcut method of...
The idea that you can't do it because nobody else does it is laughably typical of a sheep. I think it's a great idea by giggling cynic.
OK, a serious post deserves a serous answer. It seems you are testing stuff at least. First of all there are many complex issues here, not...
Separate names with a comma.