Almost everything works...

Discussion in 'Trading' started by danielc1, Apr 28, 2012.


  1. Cut ahead to the beginner level.

    See if you can find the two trades I worked through for you.

    Your broker ought to be cautioning you severly at this point. Ask him directly why he isn't. He is supposed to be following the regs.
     
    #91     May 1, 2012
  2. Your dog told my dog he ate the paper; he likes rice paper.

    I'm in the second percentile of the GRE (Measured from the top down as usual.) I missed two questions because of unit errors.

    Someone who was watching me trade said: "Gee, you made 13K in 9 minutes with 40 ES contracts." Maybe he said wow; I'm not sure. I was obeying the market at the time.
     
    #92     May 1, 2012
  3. What a load of crap. The OP can't trade profitably. Period.
     
    #93     May 1, 2012
  4. These were United States kids between the ages of 13-17 in 1967. By 2002 they'd collected a ton of data I used SAS to analyze.

    It really depended on ethnicity, degrees, and out of 12000 datapoints with only males counted those were the results.

    I don't think you can draw a parallel with other countries with regard to the data, because it was very US centric, even though the ethnicity had somewhat of an impact, african american males had negative numbers in that category.
     
    #94     May 1, 2012
  5. Just one screenshot of that would be enough.

    Looking forward to the first 25 lot NQ position though. 50 ES wouldn't take too much effort to optimize.
     
    #95     May 1, 2012
  6. danielc1

    danielc1

    Jack, I see what you mean, but the point is that you are saying this after the fact. The first trades of the day, I was looking to short as soon I saw the volume being negative, and in a split moment the day 'break' to the downside out of a 'box' was over, only to turn up drastically. A typical move, when the first move failed, is a strong move in the other way, but you can not know that when you are sitting in front of the screen when the market is unfolding. It could easily have been a down move that continued from the opening...
    Unless you see something I do not see in the spur of the moment...
     
    #96     May 1, 2012
  7. danielc1

    danielc1

    What I can and can not do, is not identifiable trough the internet. Besides that, who cares? You don't have to pay my bills and I do not have to pay yours, and I have nothing to proof to other people.

    If you would like to elaborate why you think the statement is not true, your more then welcome to share your thoughts...
     
    #97     May 1, 2012
  8. =============
    Good points;
    as was long in in up market, & short the '29 downtrend.:D LOL

    But with all due respect, Mr . Douglas maybe smart, but never made much sense to me, Dr Tharp did. Probably right, as they say in Chicago ''the smarter you are the longer it takes.''LOL. I dont think Mr Mark Douglas ever claimed to be a profitable trader.

    And Dr Van Tharp, dont know his P& L, but i found his Jack Schwager interview helpful enough to buy some more of his books...

    Mostly agree with you;
    but Don Bright admits he no longer trades in ''fractions'' so some public books need a bit of discretion................................
     
    #98     May 1, 2012
  9. okay so these are 1967 dollars? That would be 130K in today's dollars. That makes a little more sense.
     
    #99     May 1, 2012
  10. No, the earnings were from 1999-2002.

    Really, there's a reason the median income is what it is.

    The model explained 37% of everything and it's adjusted R^2 was not much less so a very robust model.

    The average person does not make $130k.
     
    #100     May 1, 2012