Stop these threads...

Discussion in 'Politics' started by neutrino, Jan 29, 2004.

  1. zdreg

    zdreg

    voting off would not be done by a majority but by a minority of VOCAL ignorant.

    no opinion about majority
     
    #51     Jan 29, 2004
  2. dbphoenix

    dbphoenix

    Whoa! You really wanna go there? :D
     
    #52     Jan 29, 2004
  3. Dustin

    Dustin

    The assumption you make is the problem with your thinking. I don't know about you, but I don't know any trend followers that make a good living at this. That is usually where beginners start their journey, because it's a simple concept. Although, trend following is extremely difficult to implement and probably the hardest trading style on the psyche due to long drawdowns. For this reason any trend follower could detail his entire system on ET and it wouldn't make a difference 99% of the time. There is plenty of liquidity for this style because entries wouldn't all hit the market at the exact same time.

    On the other hand if you employ the type of trading that most prop shops are teaching (filters, opg, liquidity trading, etc.) then liquidity will definately become an issue at some point. Orders all hit the market within seconds of eachother. The guys on ET making a good living are mostly using these types of strategies which is why you never get journals from the best traders on ET. One exception would be Lescor who is very open about opg's.
     
    #53     Jan 29, 2004
  4. abogdan

    abogdan

    NO! Sorry!
     
    #54     Jan 29, 2004
  5. abogdan

    abogdan

    Good point! :confused:
     
    #55     Jan 29, 2004
  6. Cutten

    Cutten

    It requires a belief that one is smarter than the market to make any trade at all. After all, if the market is smarter than you, then the current price is efficient and your trading will lose money after transactions costs.
     
    #56     Jan 29, 2004
  7. dbphoenix

    dbphoenix

    Now there's a statement that just cries out for support of some kind :cool:
     
    #57     Jan 29, 2004
  8. Smart point indeed! :)

    :confused:
     
    #58     Jan 29, 2004
  9. dbphoenix

    dbphoenix

    You make two unsupported statements of opinion as fact. You'll have to demonstrate that one has to believe he's smarter than the market in order to place a trade, also that there is some connection between the "smartness" of the market and whether or not a given price is efficient.
     
    #59     Jan 29, 2004
  10. ElCubano

    ElCubano

    any time you enter the martket you are making a call...( i dont care what you want to call that; predicting, speculating, reacting, going with the trend ) ...in the end you take what you know and make a 'BET' that what you know is going to be correct.....
     
    #60     Jan 29, 2004