Yes I heard from a friend that knows some top guys at JP Morgan that most trading models become extinct in about 3 weeks. And with the $$$ and firepower they have I am inclined to believe them.
LoL..What claims??Where did you see i made any claims regarding daily performance?Are you really an idiot? What i said was the people are liars,it can`t be done with the 2 bit garbage they use for their sim trading.I`ve been at some point in my life where those 2 jungle-bunnies are still be,though. As to performance,if you have at least a half a mil to invest,we can discuss it.
You know, there are guys here (some who post in PnL regularly) who are never ever seen bragging or boasting about anything. Yet the 6x daily atr types, the take a newb and have him turn 10k into a million in a year right away types, the 'I make money every single day' types, the 'I use TA so advanced no one's ever heard of it' types, the 'trading is simple' types....... Those types NEVER post PnL. No daily blotter, no monthly or yearly statements. Nada. Interesting isnt it? Look, I dont discount the fact that some traders want to be private. But a private trader such as that isnt going to be crowing from the rooftops with outrageous claims. These big talkers on the other hand.... they want the attention, but arent willing to show the goods to prove it. I think anyone can guess why.
i love your 'cycle' thread from earlier, it was so spot on. everything you said was exactly how i felt. (except the feeling good about posting on the forum part) i didnt really get any good feelings from that.