What one needs is skills and experience. He already seems to have plenty, and will continue to build more if he keeps up his good work.
I also think sstheo is doing a real good job ! Also that he shows his trades in detail and why he made them ist very honourable ! Better than nearly any coach that is selling "something" für a lot money ... i also appreciate the pressure he takes to show his performance every day. !!!
Wait ! I remember him saying earlier he is going with the trend. Now he is going mean-reversion ? Big difference !
i think you can go with the trend and trade a mean reverting style. i don’t think these two are mutually exclusive. the trades he shared in this thread, to me, have a mean reversion feel to them that’s all
CALLumbus replied on MY posting not on yours. So it was about what I posted, not what you posted. If it would be about your posting he would reply to you. Even in your last posting you mention his posting: "CALLumbus said: Do you really understand how a FTT works ? FTT is not an income tax, or capital gains tax ..." He clearly speaks about income tax or capital gains tax. My postings was about income tax and capital gains. Yours not. You posted about a FTT. But if it is important for you and your ego, you can always think he was speaking to you.
Well, it's all definitional. Tradings PB's is not mean-reversion in my book. Mean reversion is when prices move "out of line" with a longer term trend....and then start to revert back to the average.