I went totally broke because...

Discussion in 'Professional Trading' started by Sanaz3, Feb 16, 2010.

  1. Canfield-the-moron,

    Their win-rate doesn't support 4/1 risk. IOW, they are not trading an 80% or better win-rate. They become "pot committed" and sit on huge drawdowns. So it's the definition of bad money management. The goal is 4/1 at 4/5 wins, but never achieved. You couldn't define expectancy if it fell from the sky and landed on your face.

    These are not bank-traders. It's an independent prop-group owned by 4 partners. They eat what they kill.
     
    #51     Feb 19, 2010
  2. Quote from stock piker:

    Their win-rate doesn't support 4/1 risk, they are not trading an 80% or better win-rate.

    Obviously, you said nothing about this. Not that anything you have said has much interest to it. But if you are looking for people on ET who are psychic, then you need to go to --> en.wikipedia.org/wiki/Psychic.

    They become "pot committed" and sit on huge drawdowns. So it's the definition of bad money management. The goal is 4/1 at 4/5 wins, but never achieved.

    And these are the names you drop. At least it is apparent where you get your skills from.

    But still waiting for your point. You portray an amazing ability to say stupid things, leave out details, make wild guesses, and somehow think your posts therefore have any meaning.

    You couldn't define expectancy if it fell from the sky and landed on your face.

    It is painful to watch you try to be clever. You confuse drafting insults with having a mind.

    These are not bank-traders. It's an independent prop-group owned by 4 partners. They eat what they kill.

    Why do you keep touting these people? Because you want to become like them some day when you progress from paper trader?
     
    #52     Feb 19, 2010
  3. I'll bet this guy in Stamford, CT has stuffed pigs in his office instead of stuffed sharks..
     
    #53     Feb 19, 2010