I present you a rather unconventional trader...

Discussion in 'Trading' started by damnation, Jul 27, 2018.

  1. There were a guy who made $2,000,000+ out if $20,000 in less than a year in 2001.
    Here is all information I was able to find about him:
    https://pastukhov.com/download/ataman.txt

    It's in Russian but you can use automated translation to get a grasp of his ideas.
    Unfortinately, he died in 2004.

    In short, he studied the market a lot, building quantitative models of traders' groups and their behaviour. He didn't try to predict the market but made statistically correct bets on some outcomes. For example, he knew when there are good setups for turtles. But, instead of following them he tried to imagine and calculate what will happen if they are wrong?
     
    #11     Jul 29, 2018
    userque likes this.
  2. SunTrader

    SunTrader

    Shhh! That's it right there. The crowd look for patterns. The wise look for pattern failures.

    ;)
     
    #12     Jul 29, 2018
    MaxPastukhov likes this.
  3. userque

    userque

    Wow. That brought back memories. I remember 'Ataman.' He used to post in the MyTrack forum back in the day.
     
    #13     Jul 29, 2018
    MaxPastukhov likes this.