That's cool. It's hard not to feel 'supercilious' when everyone you talk too is in one way or another appears like an idiot. But I think you're one of the smarter 'idiot'. I wasn't trying to target you. But good lucks anyway.
You are spot on about the psychological makeup of home traders! Definitely a clutch of sick puppies, and I am their den mother today! The best part about the entertainment is that you don't have to hear them, see them or smell them. Just rede between the lines and laugh your ass off.
Hello Mr Deco, thanks again for the previous responses. One of my favorite hobbies is to make a note of some interesting formula or info, let that note get buried on my desk, find it months later and try to figure out "what the heck is that??? where did it come from???? what does it mean???" If you or anyone else is bored waiting for the next backtest to run, I'll let you in on the fun. Latest one I've found is: Expected Max Losing Streak = ln(1/number of trades) / ln(% of losers) Any idea what it means? I can figure out the formula, but no idea if it is valid, could be put to any use, is part of some model or theory, or where it came from.
You've got it backwards crazyman. I was actually stalking Art Deco when you tapdanced in! ET is fantastic entertainment, you see. This is boring, sedentary work, so when people from outerspace present their exciting theories about reality, it makes my day a little brighter.
If you a coder, capture the spread and the bid/ask and see what happens to them on the change of the minute. Not always, but often enough. EVERYBODY uses the same system. But they don't know it. They have a thousand different names for the same thing. I plug a half-tick per transaction into my backtesting and that is pretty close. if you are backtesting you can loosen the stops up to get a more realistic R/R. I think 6:1 is questionable.
I actually have multiple instances of you stalking on record. ET records post dates just in case you didn't know. Between me and you, I have p/l statements to back up my claims. So it'll be my words that are more legitimate. Until you show some p/l statements, your words are toilet paper. I don't know if you even trade for real.
Progressive Alzheimer's is taking its toll. But there was a white trash Southern author once whose name I now forget who was asked how she made up all the stuff she wrote. She replied something like "I HAVE to make it up, because if I wrote the truth, nobody would believe it!" Everything I have told you is true. Hence you don't believe it. You might very well be right about the superego thing in trading. I got rid of mine a long time ago. Never miss it. An unrestrained id is a fearsome thing.
I'll be completely happy if anyone uses my words as toilet paper -- they'll have a function in this cruel world! Let's not derail this thread any further, honeypants, out of respect for the lively Art Deco.