You bring nothing to the table. No trades, no value add. And before you start slinging sht -- at least M.W. offers some competency. You're on every thread with stream of consciousness BS. Like @TheDawn with an additional neuron. Suppose you could, hypothetically, have traded this arb to the limits of the existing float. You'd have earned 2X the current market cap of AMC: https://www.elitetrader.com/et/threads/ape-and-amc-conversion.375824/page-2#post-5851891 We've yet to see one of your trades, but I am sure it will be logical.
I always always start with a logic filter and yes thats highly subjective. Even if someone shows me they successfully spreaded buttermilk futures against uranium for years won't even get me in the slightest interested, simple because there is no coherent argument why this makes logical sense. The law of probabilities dictate that even the most insane approach will make money for some time. And that "sometime" probabilistically may last for longer than I wish for. Does not mean, however, that it is worthy of replication. To me, something always has to make sense of how the world should work from my own perspective first. Obviously, this mindset should highly correlate with age and self-perceived wisdom. If I was 18 and knew nothing about how life works then I should not rely on my own (still under developed) judgment skills. But that's not my self-perceived case here.
I must have done something right to inspire you to waste your time replying to me! I don't make any claims about my trading, nor am I trying to teach. There is no value to add from my trading thus far, unless of course you want to learn from everything I'm doing wrong. Your trading is high level and not something I understand. Hence, there is no value add for me.
Exactly right, and hence why its even more important to have enough data to evaluate something. Now I'm not saying that buying the bottom and selling the top of a range is a bad strategy, but to make is profitable will require lots of nuances. By showing trades taken, a person can show these nuances in action. On its own, its not any more useful than saying buy low and sell high. If Scat doesn't want to share specifics, hey, no problem. But you can't really claim to want to help people if all you do is give the most general piece of advice and send them off to trade. Its like telling a young person to stay in school if they want to be successful. Yes, it helps, but it also isn't necessary, and lots of people with degrees end up homeless. So that piece of advice, on its own, is next to useless.
The thing with trading, what its good at is stimulating the brain to work a little extra hard. You'll possibly notice that many of the more mature traders seldom give detailed trading advice, there are exceptions, but it's rare. Take Dest for example, he apparently is extremely clever with options, but he is guarded and cryptic in giving any lengthy trading advice freely on ET. Same with Scat, he probably is a very seasoned trader, but he's only feeding out morsels. Its up to the individual to read between the lines, ie, make the subject matter a launch pad to begin their own deeper research. Why would a mature trader who may have spent years researching and found solutions then just pass that info to the public free of charge, there is no reward in that. So in brief, ET discussions normally don't delve deeply in technical holy grail detail but they do hopefully get one to think that this is a good idea to dive in deeper in private.
And how many are profitable? Hershey probably died very poor... no matter how "mature" of a trader he was. Dest does give lots of advice, and has produced lots of PnL screenshots. It would be difficult to think he doesn't trade and doesn't make a killing. But what I didn't like was that he only ever posts winning days. If he is up 2-5% on his account one day, but only posts once a week, what does the rest of the week look like? There is a huge hole here. Its clear he has losing days, so it would be nice to know what those look like so we can put his wins into perspective. But overall, he is clearly killing. You're telling me that sharing a chart with trades one day will give away any edge? As Hilmy pointed out, according to Scat's range outline, he should have taken a long at the range low which clearly broke. So there is a losing trade. Here is the chart he posted. I believe the area marked at 1 is just the first double bottom, so you can really call it a range yet until after it bounces. When it comes down to 2, ok, now you can take the long and call it range behaviour. But it clearly breaks at 3. He is showed how me played it, and if he got stopped out, and perhaps reversed or whatever, it would be way more informative than just saying trade range behavior. Its once again not a holy grail to share your PnL for the week, wins and losses, or share a chart, or make some live calls. But hey, everyone is entitled to share what they want. But the idea that this is in any way useful is beyond absurd.
If anyone wants to come into a Zoom Room - I will let you watch my Algos - in Real Time - until the Market closes today. If you have a Headset_Mic - combo - we can all talk. https://us06web.zoom.us/j/87087498607?pwd=d9t5aWLYgZSdac5AVva6CFfLXP7E9B.1
I notice you like quoting platitudes. Anyway, I won't pursue this matter any further, but if your interest in sharing your wisdom with other traders is genuine, you really need to change your approach. It feels either frustrating (for the noob traders) or downright condescending (for the advanced traders).