The NO. 1 Secret Of Success In Trading

Discussion in 'Trading' started by MarketAddict, Mar 11, 2018.

  1. qxr1011

    qxr1011

    for all wannabees and most "traders" their method works only in their imagination

    so someone who is going to reverse engineer those methods will definitely fail - one can not reverse engineered the working method that does not exists
     
    #121     Mar 14, 2018
  2. ironchef

    ironchef

    You are one of the posters I respect so I hate to disagree with you.

    Why is it stealing if you willingly publishes the results/methods and I use them to generate a trading recipe? As an example, you mentioned more than once that you often danced options around the underlying. It is an extremely valuable advise for those who understood what that meant. Did I steal from you when I implemented that approach?

    Anyway, IMHO it is easy to reverse engineer your trading principles/approaches but very difficult to reverse engineer your discretionary recipe because we don't have your brain.

    Best regards,
     
    #122     Mar 14, 2018
  3. 4 winners. 4 out of 4 today. Don’t hate the playa...hate the game.
     
    #123     Mar 14, 2018
  4. volpri

    volpri

    Go vicente go....
     
    #124     Mar 14, 2018
  5. schweiz

    schweiz

    :thumbsup:
    I am a discretionary trader. :)
     
    #125     Mar 14, 2018
  6. :) funny. Maybe Handle123 gave a too low number of observations to make a point, but he has a point nonetheless, but your observation is really good!
     
    Last edited: Mar 14, 2018
    #126     Mar 14, 2018
  7. schweiz

    schweiz

    Useless information.

    You need the account size, the leverage, and the profits in $ to judge the performance.

    Maybe you made 4 winning trades, each 1$ net, on a 100K account...
     
    #127     Mar 14, 2018
  8. About the reverse engineering using two points: short signals on QQQ: yesterday at 11:51 with QQQ at 173.26 (around 11:50AM) and today QQQ at 172.64 (at around 1:54PM).
    Reverse engineers this method.
     
    #128     Mar 14, 2018
    OddTrader likes this.
  9. Add to those points: short today's gap. I actually like this idea of trying to reverse engineering things as a way to see how good are a group of people at reverse engineering things.
     
    #129     Mar 14, 2018
  10. volpri

    volpri

    ROFLMAO... it doesn’t matter anyway...institutions do the majority of trading..our little coca cola and potatoe chip money means diddly squat in the overall senario. They could care less about our reverse engineering...whatever..
     
    #130     Mar 14, 2018