Confessions of a successful trader

Discussion in 'Professional Trading' started by StLouisTrader, Sep 10, 2009.

  1. Fractal

    Fractal

    I know. He seems very deliberate and unflinching in how he constructs his charade. He also uses his detractors who reply to his posts to keep his headlines alive.

    I personally feel a little sorry for any who fall for it, but it's inevitable.
     
    #201     Sep 22, 2009

  2. I tracked some profit statistics my first couple years trading. No, i do not do any backtesting.
     
    #202     Sep 22, 2009
  3. Petro

    Petro

    Lovin' the STEC today
     
    #203     Sep 22, 2009
  4. actually, he does a whole lotta daydreaming. The original post (I am one of only a handful of successful traders on ET) should have given tha away.
     
    #204     Sep 22, 2009
  5. FaderZones: if u were one of the successful one's I highly doubt that statement would bother you so much.
     
    #205     Sep 22, 2009
  6. maler

    maler

    StLouisTrader,
    What do you gain from posting your trades real time? Most strategies have edges that erode over time. If your edge comes from smart processing of publicly available information, you should not underestimate to power of people to reverse engineer what you are doing. Soon you may find that someone else is crowding your liquidity or worse, eating away all you alpha.
     
    #206     Sep 22, 2009
  7. Petro

    Petro

    He doesn't normally post until after he's filled and tends to follow momentum plays in the short time I've read this thread. Posting after the fact might actually help.
     
    #207     Sep 22, 2009
  8. deaddog

    deaddog

    It's the only way to be believable.

    Sim or cash everyone can see the results.
     
    #208     Sep 22, 2009
  9. I doing it for fun/to waste some time, Not to gain anything. I'm a discretionary trader. My edge is to figure out what might work in the then and now which is constantly changing. There is really no way to reverse engineer that.
     
    #209     Sep 22, 2009
  10. Petro

    Petro

    So how did you do today StLouis?
     
    #210     Sep 22, 2009