Simple Profitable Method

Discussion in 'Technical Analysis' started by trader28, Sep 6, 2006.

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  1. Absolutely disagree, an edge puts probabilty on your side, if I wanted to throw dice against the house I'd go to a casino
     
    #1681     Jan 8, 2007
  2. But SPM itself doesn't have an edge, I thought we agreed on that. You said:

     
    #1682     Jan 8, 2007
  3. You said that, I merely said it cant be bottled your way, in fact life cant be squeezed into your tight little tin can, why should a method be any different?
     
    #1683     Jan 8, 2007
  4. You obviously believe anything can be programmed and quantified and I wont try to change your mind, for all I know that is "your edge". But so did scientists a 100 years ago, they thought they were on the verge of accounting for all causes and therefore could predict all effects based on 300 years of very successful Newtonian physics... enter Einstein, Heisenberg, relativity, uncertainty principle and quantum mechanics...

    bye bye mech... hello subjectivity... that's life... that's trading!
     
    #1684     Jan 8, 2007
  5. OK, I'll try one more time, and then I'll give up if it doesn't convince you.

    Suppose you write a book and title it "Simple Method to Live a Long and Happy Life". In the book, you identify the following rules:

    1. Attend Pentecostal church.
    2. Have sex in a missionary position only.
    3. Twice a year, go to a zoo.
    4. On Wednesdays, wear green underwear.

    You'd then say you followed those rules (in addition to some other rules) for the last 3 years, and in fact you are happy and alive.

    Then a fellow whose last name is Heisenberg (just for the sake of an example) reads your book and decides to verify the facts. So, he finds 100,000 people who lived in the past and who followed those exactly same principles. The analysis of the data demonstrates that 50% of those folks were emotionally disturbed and committed suicide before they reached the age of 25, while the other 50% lived a normal life of an average span. Quite shocked, Heisenberg finds you and shows you the results. Would you still argue that there is an "edge" in following the 4 principles in your book and discount the Heisenberg's results by saying that you don't believe in statistics?
     
    #1685     Jan 8, 2007
  6. I guess I just prefer to believe all the pm's from traders who have used it successfully and profitably... you know... in the real world :)

    It's a bit like sex, all the masturbation in the world wont really prepare you for the real thing with a woman
     
    #1686     Jan 8, 2007

  7. How about a post from you where you display your claimed consistent profits using this system/method for a specific period of time. I am sure you are aware of a thread titled Trader 2007 P/L, why not make use of it?????

    Now I still do not know whether you are an expert on the markets. Masturbation, on the other hand, well that is another thing.


    Have fun..... with the markets that is. :D :D :D :D :D
     
    #1687     Jan 8, 2007
  8. Heh heh... how about you take your first career trade


    or better yet tell me again about your 100 contract target... you know before you've even traded a single contract, that always makes me laugh :)


    Is there a full moon tonight?
     
    #1688     Jan 8, 2007
  9. OMFG, this thread is in its 10th Act and still going strong!

    Without trading a system you won't be able to get a feel for it (for how to take successful trades using it). As for the traders who do use it, they are a lot more interested in trading it and making money than quantifying it for intellectual exercises.

    If you wanna test it, you have to trade it first ... that's a basic concept that these programmers just don't get.

    JJ
     
    #1689     Jan 8, 2007
  10. Yeah I know, it's like I'm asking for their credit card or something
     
    #1690     Jan 8, 2007
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