Arthur Deco Mentors ET Noobs

Discussion in 'Psychology' started by Arthur Deco, Jan 30, 2011.

  1. Hey, the guy is just trying to fit in. I have twenty aliases because the first 19 embarrassed me. One must constantly reinvent onself as a trader and as a poster.
     
    #131     Feb 1, 2011
  2. Oh, god! It is so humiliating in retrospect to be a noob. The foolish things you believe in. TA. Efficient markets. Random markets. The solemn statutory obligations of market makers.
     
    #132     Feb 1, 2011
  3. Always. What the hell else is there to do after profit taking? Happy Hour starts when I punch out. But I am obliged to keep watching in the unlikely event that I might learn something new. And after the close I have to do some backtesting. The dullest fucking thing invaginable.
     
    #133     Feb 1, 2011
  4. jinxu

    jinxu

    Ha. I'm just bothering you b/c I'm bored and it's snowing outside. I already know you not an expert based on what you write about in your posts. You may be profitable (idk never saw any p/l statements) but that doesn't make you're an expert. My trading style requires only an hour a day of my time to work; huge amount of free time for the rest of the day to be bored. That's another thing you should consider. I hope you will become smart enough one day to understand what I wrote. Good luck.
     
    #134     Feb 1, 2011
  5. Samsara

    Samsara

    It is. Trading is an endlessly aggravating process of self-flagellation, and what better way to enjoy it than publicly? In jinxu's case though, he believes he is communicating with angels when he participates in the markets. And that the number 27 has magical properties.

    It's fantastic entertainment.
     
    #135     Feb 1, 2011
  6. Hey Arthur,

    I have a few questions if you wouldn't mind.

    What kind of slippage do you get? I have a few backtested systems that are great on paper but live when I wait for the close and enter on the next bar AFTER the signal is confirmed I always get screwed competing for the price . Only using 1 lot too.

    I believe others are using a similar system because it always gets bid up right after the signal is generated. its a Trend following system , cost/commissions/slippage have ruined even my best systems. I haven't even factored in taxes. I'm baffled at how short term trading can even be profitable without having over a million to use. Only thing that I can think of is grid ordering an instrument long/short with two accounts and just grab volatility but I dont have the capital for that.

    I have a 30% win rate 1:6 RR on paper and would like to make it happen live if possible. Any tips?
     
    #136     Feb 1, 2011
  7. jinxu

    jinxu

    And Samsara,

    You're now even worth my time. I'm guessing you're a 30 something male. ten years in. Still trying to figure things out. Not very intelligent. Good luck anyway. (not really. I'm praying for your failure).

    Just wondering, how much time do you spend stalking me as if your opinions are worth anything more than toilet paper??? It seem like everywhere I post, you're always there to make a comment.
     
    #137     Feb 1, 2011
  8. Try not to be so supercilious, Jinxie. Go look it up.

    The fact that YOU know I am stupid doesn't bother me in the least. I have been living with that sad fact all my life. And as to you havong a superrear way to tread, I am happy for you. I have no choice in the matter. It is like a fetish. Once something strange gets you off, you're hooked for life.

    Snowing here, too, BTW. I'm stuck inside because of the ice. Have a great evening!
     
    #138     Feb 1, 2011
  9. sosueme

    sosueme

    Your problem is you are only trading 1 lot and nobody is frightened of you and they push you around the playground.

    Try trading your excellent system with 25 lots and get yourself some respect at long last.

    Trust me, you will see a dramatic difference to your P&L bottom line
     
    #139     Feb 1, 2011
  10. Samsara

    Samsara

    It's the creativity that keeps me cracking up. Really!

    I agree. I think these cliches that the little dude can't do it, that the market is perfectly efficient, etc. are "superego" in the sense that it's most people's way of warning everyone else off an income-sucking addictive activity. Those here who constantly keep getting kicked in the balls repeat it for their own sake, for good reason. They're barriers to making money though.
     
    #140     Feb 1, 2011