Huge majority of you here are losers? Agree?

Discussion in 'Chit Chat' started by tangentShot, Dec 17, 2013.

  1. di0genes

    di0genes


    Yes, long term stocks. Futures-- no.
     
    #61     Dec 17, 2013
  2. For me, it was really a process of elimination. Consistently finding what did not work, scrapping it but also holding on to what kinda worked and then whittling away from there. If I look at my system today, I sometimes think that it's fairly simple but getting to this point was a painstaking task that I believe most wouldn't have the time or energy for. It's not that I am super intelligent or anything, it's more a function of desire and persistence and motivation.

    I think that these sequences work pretty well because, within randomness (or perceived randomness), there are trends that form. Once I was able to objectively determine what a trend was, then I discovered that, more often than not, I was entering at opportune times during the pullback. Further testing revealed ways to refine my entries even more.

    The whole thing is really just a step by step process. A pain in the ass with no guarantees, but a rewarding journey nonetheless.

     
    #62     Dec 17, 2013
  3. So glad that surf is back!!!!!
     
    #63     Dec 17, 2013
  4. Thanks for sharing! :)

     
    #64     Dec 17, 2013
  5. I was doing similarly to what you did as well. I got to the point where after filtering all the stuff that I came across, I'm left with nothing that works.

    At least now, I know what doesn't work for me.

    Thank you for sharing. :)

     
    #65     Dec 17, 2013
  6. mspkash1

    mspkash1

    tangentShot

    Did you follow your trading plan to a reasonable degree? Doesn't matter if your plan is crappy. I followed a mostly useless trading plan for a while just as an exercise to follow it - It didn't make any money. I was just making my broker rich.

    Once I got the discipline to follow my plan, I started to tweak it and it gave decent results. Still not there yet.
     
    #66     Dec 17, 2013
  7. kut2k2

    kut2k2

    He asked about a "huge majority", not our individual situations. There's no possible way for anybody to know about whether is a ''huge majority", so I just poked fun at his time here as a member.
     
    #67     Dec 17, 2013
  8. mspkash1

    mspkash1


    Damn didn't know all winners are riding models.. should have started trading while I was 8.
     
    #68     Dec 17, 2013
  9. kut2k2

    kut2k2

    What makes you ASSume "everybody else" has the same pattern finding ability as RR, surf?
     
    #69     Dec 17, 2013
  10. Yes.

     
    #70     Dec 17, 2013