Kudos to MMs

It is quiet where the position/Nitro is:

 

as bad as the op is, I thank him for allowing me to make one of the great calls of all time here, that is, fade the clown with impunity and retire young.

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stock777
Registered: Jul 2001
Posts: 14801


09-07-11 01:01 PM

Please, don't stop.

I'm starting a fade fund. Expect to be up 500% by Dec,

 

You know all about quiet don't ya?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=113413&perpage=30

 

2/3 results. This is a crossover systems worst nigthmare:

02/03/2012 08:51:29 OFV = 1338.62584601575 Sell 1338.64
02/03/2012 08:52:05 OFV = 1339.11255544655 Buy SPX at 1338.61
02/03/2012 08:52:41 OFV = 1338.41483289989 Sell SPX at 1338.87
02/03/2012 09:16:26 OFV = 1349.51954344541 Buy SPX at 1342.2
02/03/2012 09:17:39 OFV = 1341.60205903956 Sell SPX at 1342.6
02/03/2012 09:18:54 OFV = 1343.03383795588 Buy SPX at 1342.69
02/03/2012 09:19:30 OFV = 1341.70783932948 Sell SPX at 1342.81
02/03/2012 09:21:19 OFV = 1342.46816450993 Buy SPX at 1342.41
02/03/2012 09:23:46 OFV = 1341.77698741168 Sell SPX at 1342.36
02/03/2012 09:25:35 OFV = 1342.1895898686 Buy SPX at 1342.02
02/03/2012 09:33:35 OFV = 1341.47643277215 Sell SPX at 1341.72
02/03/2012 09:34:11 OFV = 1341.65785547602 Buy SPX at 1341.57
02/03/2012 09:35:24 OFV = 1341.03354757497 Sell SPX at 1341.69
02/03/2012 09:36:36 OFV = 1341.97667641908 Buy SPX at 1341.72
02/03/2012 09:37:13 OFV = 1341.3395288752 Sell SPX at 1341.89
02/03/2012 09:46:15 OFV = 1342.12593871695 Buy SPX at 1341.97
02/03/2012 09:46:52 OFV = 1341.84409796335 Sell SPX at 1342
02/03/2012 09:47:28 OFV = 1342.68580263151 Buy SPX at 1342
02/03/2012 09:50:28 OFV = 1341.89830847403 Sell SPX at 1342.29
02/03/2012 09:51:42 OFV = 1342.24665211194 Buy SPX at 1342.18
02/03/2012 09:52:54 OFV = 1341.94329251606 Sell SPX at 1342.22
02/03/2012 09:54:06 OFV = 1342.86850654066 Buy SPX at 1342.16
02/03/2012 09:55:18 OFV = 1342.01784911381 Sell SPX at 1342.16
02/03/2012 09:56:30 OFV = 1342.5520863217 Buy SPX at 1342.17
02/03/2012 09:57:07 OFV = 1341.92201488375 Sell SPX at 1342.11
02/03/2012 09:58:19 OFV = 1342.53809346104 Buy SPX at 1342.16
02/03/2012 09:59:31 OFV = 1342.08917810635 Sell SPX at 1342.09
02/03/2012 10:00:07 OFV = 1342.45511131489 Buy SPX at 1341.99
02/03/2012 10:14:00 OFV = 1341.02870859438 Sell SPX at 1341.22
02/03/2012 10:14:35 OFV = 1341.61780752886 Buy SPX at 1341.22
02/03/2012 10:18:48 OFV = 1341.29306176815 Sell SPX at 1341.73
02/03/2012 10:19:24 OFV = 1342.09186411895 Buy SPX at 1341.73
02/03/2012 10:20:36 OFV = 1341.4061566154 Sell SPX at 1341.53
02/03/2012 10:24:17 OFV = 1342.73468699612 Buy SPX at 1342.53
02/03/2012 10:27:19 OFV = 1342.50196592557 Sell SPX at 1342.94
02/03/2012 11:00:29 OFV = -982.129039552341 Buy SPX at 1341.8
02/03/2012 11:01:15 OFV = 1342.02180767461 Buy at 1341.5
02/03/2012 11:03:43 OFV = 1341.83378776078 Sell SPX at 1342.34
02/03/2012 11:06:19 OFV = 1342.91548952996 Buy SPX at 1342.61
02/03/2012 11:07:17 OFV = 1342.69727372571 Sell SPX at 1342.88
02/03/2012 11:11:50 OFV = 1343.43135913342 Buy SPX at 1342.99
02/03/2012 11:13:05 OFV = 1342.83983880186 Sell SPX at 1342.89
02/03/2012 11:13:41 OFV = 1343.41158944191 Buy SPX at 1342.81
02/03/2012 11:16:56 OFV = 1342.83403419343 Sell SPX at 1342.85
02/03/2012 11:17:33 OFV = 1343.67046757618 Buy SPX at 1342.82
02/03/2012 11:20:01 OFV = 1342.48748680342 Sell SPX at 1342.49
02/03/2012 11:20:38 OFV = 1343.55846866148 Buy SPX at 1342.43
02/03/2012 11:26:02 OFV = 1342.72924501511 Sell SPX at 1342.97
02/03/2012 11:26:44 OFV = 1343.43358598668 Buy SPX at 1343.15
02/03/2012 11:29:17 OFV = 1342.77005917991 Sell SPX at 1343.05
02/03/2012 11:31:20 OFV = 1343.34452736951 Buy SPX at 1343.1
02/03/2012 11:31:57 OFV = 1342.9521637036 Sell SPX at 1343.02
02/03/2012 11:32:43 OFV = 1343.38304801921 Buy SPX at 1343.07
02/03/2012 11:33:20 OFV = 1342.81044371118 Sell SPX at 1343.03
02/03/2012 11:34:32 OFV = 1343.6317267316 Buy SPX at 1343.05
02/03/2012 12:13:43 OFV = 1343.84076794696 Sell SPX at 1343.96
02/03/2012 12:14:22 OFV = 1344.39185179069 Buy SPX at 1343.92
02/03/2012 12:55:52 OFV = 1343.08140072844 Sell SPX at 1343.11
02/03/2012 12:56:42 OFV = 1343.82068163066 Buy SPX at 1342.73
02/03/2012 13:00:28 OFV = -985.865296615609 Sell SPX at 1342.67
02/03/2012 13:01:09 OFV = 1343.00934750234 Buy at 1342.89
02/03/2012 13:02:33 OFV = 1343.13764537633 Sell SPX at 1343.24
02/03/2012 13:03:10 OFV = 1343.28980963621 Buy SPX at 1343.21
02/03/2012 13:03:47 OFV = 1342.95828053847 Sell SPX at 1343.34
02/03/2012 13:04:24 OFV = 1343.55172911266 Buy SPX at 1343.42
02/03/2012 13:05:00 OFV = 1343.28076392656 Sell SPX at 1343.29
02/03/2012 13:06:16 OFV = 1343.37079175041 Buy SPX at 1343.16
02/03/2012 13:16:38 OFV = 1343.31920339341 Sell SPX at 1343.74
02/03/2012 13:19:44 OFV = 1344.22968316318 Buy SPX at 1344.07
02/03/2012 13:20:35 OFV = 1343.55066336827 Sell SPX at 1344.04
02/03/2012 13:21:55 OFV = 1344.4059523644 Buy SPX at 1344.08
02/03/2012 14:01:33 OFV = 1344.2671947872 Sell SPX at 1344.33
02/03/2012 14:02:10 OFV = 1344.65616046573 Buy SPX at 1344.31
02/03/2012 14:08:59 OFV = 1343.86355986554 Sell SPX at 1344.03
02/03/2012 14:09:37 OFV = 1343.88587044189 Buy SPX at 1343.79
02/03/2012 14:10:15 OFV = 1343.60569077439 Sell SPX at 1343.64
02/03/2012 14:10:51 OFV = 1343.5923521205 Buy SPX at 1343.47
02/03/2012 14:30:43 OFV = 1343.09489860457 Sell SPX at 1343.29
02/03/2012 14:31:21 OFV = 1343.51507612352 Buy SPX at 1343.38
02/03/2012 14:44:36 OFV = 1342.47343701025 Sell SPX at 1342.52
02/03/2012 14:45:22 OFV = 1342.89748597586 Buy SPX at 1342.79
02/03/2012 14:45:59 OFV = 1343.38382280799 Sell SPX at 1343.39
02/03/2012 14:54:38 OFV = 1344.04272157047 Buy SPX at 1344.03
02/03/2012 14:55:25 OFV = 1342.96960775919 Sell SPX at 1344.04
02/03/2012 15:42:30 OFV = 1344.5897762053 Sell SPX at 1344.9
02/03/2012 16:00:09 OFV = 1344.64548270567 Buy SPX at 1344.9

 

I was certain that place had locks on the doors

 

Hey Nitro, this is a serious question:

If someone wanted to buy the system right now, as is, would you sell it, and if so, for how much??? I guess after all you made the system to make money either as a trading help or by selling it....

Before someone asks why would anyone want to buy Nitro's losing system, it is the consistency that matters, not the P/L. A very consistent losing system is better than a so-so consistent winning system.

You obviously just use it as a contrarian indicator. And because of this, Nitro's system actually worths some serious dough....

 

Wow, stick that knife in deep why don't ya!

 

I haven't seen any evidence that its any better than a random system, I wouldn't follow it or bet against it.

If he had gone long instead of short on the recent trades he would be sitting on big unrealized gains right now and would be singing its praises.

It trades too infrequently and he makes changes to the system too often to be able to draw any real conclusions about its consistency.

 

I actually said the system is valuable, just one needs to know how to use it...

But even if one use it as a contrarian, there is still no exit signal.

 

SPX, 1341.25. FV, 1162.19. OFV, 1358.33. POFVF, 1390.08.