PRINCIPLES OF GREAT TRADERS

Discussion in 'Trading' started by Sekiyo, Jul 11, 2023.

  1. %%
    COME TO FIND OUT;
    Pit Bull, nickname + name of his book hit REAL close to home:caution::caution:
    I'm a book person, but written by top traders[real people or kids].
    Bid\ ask spreads bore me; mostly I like looking -study charts.
    I haven't listened to price for years; old telephone quote:D:D
    i like Larry''mint'' Hite except markets are not a bet or lotto LOL He's is right like a lotto,[in a smal way] have to be in to ''WIN''LOL:D:D A lotto is a stupid tax on people that cant do math
     
    #31     Jul 12, 2023
    Sekiyo likes this.
  2. Good Morning VSTscalper,

    Nice charts, however, I believe you was called out for scamming ET forum members selling them broken algos on your thread before and here you are doing again. Few members posted about what you do behind the scenes. Showing off again trying to bring members to Private Messages and take their money.

    Take a break man with the Bullshit, you not showing nothing special here. You can not prove this algo works with the real money and many ET members ask you to post real live results with small MES or ES account and you still have not done it. You are just showing off playing around.

    https://www.elitetrader.com/et/threads/scalping_my-way-with-acv.68098/page-59#post-5792135

    https://www.elitetrader.com/et/threads/scalping_my-way-with-acv.68098/page-53#post-5790023

    https://www.elitetrader.com/et/threads/scalping_my-way-with-acv.68098/page-44#post-5741302

    I too can go in my NinjaTrader8 platform and back test a few months to get a pretty equity curve just like you posted and then post to the ET forum to dazzle forum members. But I will not do that because it would be a waste of my time and ET forum members time. And I would be a liar to other ET members.

    If I really wanted to dazzle ET forum members, I show them two things only:

    1. + 5 year back test of algo. 10 years is better.
    2. +1 year of real live equity curve of the same algo.

    You not helping anyone showing them a back test. All Algo developers know a back test can be a lie or made up.

    Show the real money of the algo results man and stop playing around.
     
    Last edited: Jul 12, 2023
    #32     Jul 12, 2023
  3. Did you read it or just dissecting.
     
    #33     Jul 12, 2023
  4. %%
    THAT;
    or stay in+ do an inverse ETF trade. NOT much difference except could do an inverse without losing main-trend position. Coco upticking again, good call , i dont drink much of the stuff\ LOL:D:D
     
    #34     Jul 12, 2023
    Sekiyo likes this.
  5. taowave

    taowave

    Arent you a price action guy??

     
    #35     Jul 13, 2023
  6. Overnight

    Overnight

    Not particularly.
     
    #36     Jul 13, 2023
  7. How many of them admit it was 90% luck? Where are the 'great' traders who started in 2007 or 2020?
     
    #37     Jul 16, 2023
  8. newwurldmn

    newwurldmn

    anyone who doesn’t recognize luck in this game is deluding themselves. But this is also true in all of life.
     
    #38     Jul 16, 2023
  9. deaddog

    deaddog

    Don't you think that the golfing trueism "The more I practice the luckier I get!" applies to trading?
     
    #39     Jul 16, 2023
  10. taowave

    taowave

    IMHO,that applies to life...

    With that said my Basketball coach would say,"sometimes it's better to be lucky than good"...

     
    #40     Jul 16, 2023
    toucan, ironchef and newwurldmn like this.