Odds Czar: Simple Biases in the Futures Markets 2007

Discussion in 'Journals' started by Art Collins, Dec 30, 2006.

  1. So after all these posts, what is your conclusion? Has this made overall significant profits, or are you just trying to lengthen the thread?
     
    #151     Apr 24, 2007
  2. Why the sarcasm?

    Regards,

    ETUser
     
    #152     Apr 24, 2007
  3. There is no sarcasm. This thread has perpetuated for quite awhile, most people have stopped commenting, and there is no sense of what is the purpose.

    Is it profitable or not. Is that some kind of pointless question?
     
    #153     Apr 24, 2007
  4. Without going into a full blown Derridian deconstruction of your first post, therein you say "after all these posts" and ask if the method is "significantly" profitable. If you had read all of the posts and done your own research you would know the answer to your own question. And unless you so say how can any reader know what you consider "significant"? Again, you ask for the "purpose" if you had read all the posts, especially Mr. Collins' introductory posts then you would know of the "purpose."

    "Seek and you will find."

    Regards,

    ETUser
     
    #154     Apr 24, 2007
  5. paden

    paden

    I subscribe to the thread, and look forward to Art's daily update.
     
    #155     Apr 24, 2007
  6. I read it all the time - just because there's no new comments doesn't mean theres no merit in the thread.
    Keep 'em coming Art!
     
    #156     Apr 24, 2007
  7. thanks for the feedback everyone.
    i'll reiterate again my hopes for this journal. i provide infomation that i discover in research. i don't post anything that doesn't test out well historically, and i've revealed the results earlier in the thread.
    as a consumer/ fan of other traders' output, i find myself occasionally irritated by what they say. that comes out of the occasionally stupid/disingenuous editorializing--never out of pure information sharing. baseball stat freaks don't have a problem with the silliest stats imaginable, made possible by the computer age. it's pure info, they're fans of the sport--no problem.
    i don't pretend i'm going to walk anybody through a complete, stand-alone--here's-your-grail, go-ahead-and-quit-your-job approach to markets. i'm still struggling with that myself after nearly 30 years of trading. current problem--my trading partner died last month after we had run up a most impressive three month performance. in the six weeks since, i've given back that whole amount plus some using almost 100 percent the same strategies. i've been forced to up my personal commitment to keep my ratios nearly the same, but the approach is totally mechanical, so whatever else is going on, it's not the result of a psychological meltdown. but it's unnerving. unnerving but as they said in the godfather, "this is the business we have chosen."
    so i apologize if i'm betraying some minor irritation with rcanfiel's question. he has a right to ask what he's asking and the question isn't even unreasonable. but again, if you're not willing to take personal charge of your own trading, you're not of the mechanical mindset. i could develop the system from heaven, but no reasonable market skeptic would trust it 100 percent without personal involvement in the system development. it's hard enough to be disciplined with methodologies you've demonstrated for yourself from the ground up. late in my career, i've still struggled and occasionally violated.
    so again--i'm a stat freak. i love commodity trading. i share it. i like to think i'm walking people 90 percent of the way to the rubicon, but the final plunge has to be their own. my frustration may be unjustified, but again, why should anyone be annoyed with information?
    again, thanks everyone, it's always nice hearing from you.
     
    #157     Apr 25, 2007
  8. Art, I am so sorry to learn of your partner's demise. I can't imagine what a blow that must have been. My sincere condolences.

    ETUser
     
    #158     Apr 25, 2007
  9. Condolences Art - that must be terribly difficult.
     
    #159     Apr 25, 2007
  10. Hermann

    Hermann

    Art. I feel really sorry for you. Do not give up and keep your head up. I really like reading what you have to say. Do not get discouraged by the odd comment and stay a czar. There is a japanese saying: a frog in the well does not know about the ocean. Do not be discouraged by frogs.
     
    #160     Apr 25, 2007