I don't know if he's a paedophile, but he does come across as loving me. He never leaves me alone, likes to be all over me. By the way Bryce, I think all this flaming and hate-talk is going nowhere, and you're not going to impress anybody by posting it here. Forget the fools and retreat for the sake of getting your own stuff together. Results say more than a thousand insults.
Glad to hear the flaming contest is finally over. Now this thread may enter the nirvana of oblivion. And yes, I've started a new thread for us, at this link: http://www.elitetrader.com/vb/showthread.php?s=&postid=630528#post630528 And no flames on that thread, please. That includes you, Bryce.
Hello: What are the results? I haven't seen Mr. Gilmore post any. Also Scientist, I don't see your results but a single day. Who won? Laziz: Thanks for the compliment. As mentioned, I test and trade 5 min bars. You will notice that aside from the nasty comments, both Scientist and Gilmore have no comments as to "stationarity", and they simply ignored the post asking if they understood why a system periodically losses its edge. I have learned to look at the details of a persons expression. In this failure to respond, I see that neither person has a background, although I will bet scientist can look it up and develop a vocabulary sufficient to talk the talk if he wishes. For your consideration, I will say that you can use Sherry's techniques to eventually find a temporal window for your market. Once you do that, you have an edge that doesn't disappear. Why? Because when you see how price transitions from random to non-random, you also see opportunity. Any patterns that you detect when price is in a non-random mode are likely to repeat. That edge is stable. Conversely, patterns you see when price tests as random are likely due to chance and therefore you are at risk and either should stand aside or wait until you see the next "tidal" change. Good luck with your trading. Lefty
I just came home after I delivered some stuff to the boat and read this post.... Now why would you expect me to comment on it? Stationarity - all your systems are going to suffer from one problem or another - why ask me to comment I think systems are stupid. All due respect to what you may think I think you are wasting your time. Anyway I am finished with flaming if the flamers haven't got my message that I will just burn them till the cows come in it means they have hides like aligators and heads like rocks so there is no point. Let Scientist answer your question I am finished with this deal. BBG Thanks for the compliment. As mentioned, I test and trade 5 min bars. You will notice that aside from the nasty comments, both Scientist and Gilmore have no comments as to "stationarity", and they simply ignored the post asking if they understood why a system periodically losses its edge. I have learned to look at the details of a persons expression. In this failure to respond, I see that neither person has a background, although I will bet scientist can look it up and develop a vocabulary sufficient to talk the talk if he wishes. For your consideration, I will say that you can use Sherry's techniques to eventually find a temporal window for your market. Once you do that, you have an edge that doesn't disappear. Why? Because when you see how price transitions from random to non-random, you also see opportunity. Any patterns that you detect when price is in a non-random mode are likely to repeat. That edge is stable. Conversely, patterns you see when price tests as random are likely due to chance and therefore you are at risk and either should stand aside or wait until you see the next "tidal" change. Good luck with your trading. Lefty
Jesus Christ now I know what is wrong with him! I bet this whole story is a lie and he is a defrocked priest who spent 30 years sticking his hands down the pants of 7 year olds at boarding schools. Works with trial lawyers? Who sue Jewelers? Give me abreak you fucking imbecile. Why go to so much trouble to write a post to Scientist like you did if you are not a pedophile. Bastards like you should be locked up. You are weird and after that post everyone knows it. I am only demented and dislike imbeciles so there is nothing to wrong with me but you are out of somewhere from the distant past and are weirder than shit. with a name like ElectricSavant who are you trying to appeal to? Who fucking knows? BBG
res, You are wasting your time. This guy just picked up a copy of Trader Monthly, saw on the cover a well dressed trader leaning on fast exotic car with a pretty model pressing her body up against his, and is having delusions of grandeur and decides to act it out on ET that he is going to trade ES now. Yaaaaaaaaaawn...More money for you and me. I do so love this game. nitro
There are such a lot of intelligent people in here mate you must love it with your handle. Sounds FLASH mate I bet it gets you a lot of attention. What next, I have never come across as many imbeciles in one spot as here. Yawn is right more like call an ambulance................
Nah, you're just nit-picking semantics now. How nonsensical and trivial. How dare you accusing me of twisting people? This is an impertinent accusation. Actually, the condescending attitude was entirely intentional, obviously. In case you haven't noticed, everytime I try to talk to you on an even-level, civilized way, you just behave like a complete jerk. You think? How do you know? May I point out to you that the first part of your sentence is an opinionated, non-factual assertion, whereas the second part is an assertion of personal opinion. Interesting. So which one is it now? Do I believe in Astrology? Nope. However, character traits of people of different star signs seem too typical to be random. I consistently guess people's starsigns when I meet them just for the fun of it. Did so with my last two girlfriends, and several other friends. Also, try talking to a bunch of women for a while and ask them what zodiac they think you are. You will find that a large % of the time, they'll guess right. How can this be? Coincidence? I have no particularly explanation, but deduce that it might have to do with self-fulfilling prophecy. The fact that I use women in this example is that they are more commonly interested in this topic. That is not meant in a derogatory way, however, but purely observational. Personally, I would disagree on this point. I think lying to others is worse than lying to yourself. However, lying to yourself is a terrible no-no, particularly if you're a trader. Absolute and uncompromised self-honesty is paramount. As for lying to others, well, as they say: "Lies have short legs" or "Liars have to have a good memory". This does particularly apply for you, Electric. I think "abstinence" is the word you were looking for? What exactly do you mean by that? I have always preserved highest quality standards, I only produced highest quality products, and have never defrauded anybody. How rude! I really love the word "superior", to provoke people like you. It's such a nazi word, makes me think of merciless parking inspectors with swastika bands and thick German accents. Seriously though, interesting you mention Oedipus Complex. So do we actually share an enthusiasm for Freudian Psychoanalysis? Note that Freud considered the Oedipus Complex the cornerstone of the superego and the nucleus of all human relationships. This does also show baffling congruencies with Nietzsche's descriptions of the superego, the human as a superior to god even. Interesting that we're actually back to superiority. Incidentally, excessive authority from one parental part is the prime source of oedipus complex. To answer your question, I have never had such leanings, I have and always had a great and deep relationship with both of my parents. Try narcissistic personality disorder, interlaced with a subtle hint of histrionic personality disorder. I am passionately narcissist, as should be evident in these most recent posts to you. I use narcissism as a conscious way to defend myself against unnecessary relationships, much in the fashion of the bumper-sticker slogan "Fuck off, I've got enough friends!" Exxentricy is a fine way to live a quieter life, in order to enjoy more introspection (and reinforce one's own narcissistic tendencies, to be ironic), and as they say: "Everybody's darling is nobody's darling". However, for those people that personally know me and see right through it, I let my narcissistic shields down, and you would be surprised how different a person I can be. If you care to re-read the last paragraph, you might come to realize at some point that a lot of what I have said or done here, while coming across as "typical", "arrogant" etc to you, could be nothing but a totally conscious show I put on in order to provoke your likeness. In reality, I might be a totally different person, with totally different attitudes or beliefs, however I enjoy throwing quick-judging people like you a bone to do some "pseudo-diagnostics" on, for the sole purposes of my own amusement, as a result of seeing how psychologically uneducated people have a habitual tendency to label and generalize others in absolute and permanent terms. As a favorite quote of mine goes: "Whatever you do or say, make sure to guarantee that people never get a clear idea of what you truly think or do. Not to cloud people's judgments of your character and doings in order to confuse their intentions of wrong-doing, is to live in an undefended castle." Always keep people lulled wrong impressions of you, as unpredictability is a secret to covert defense, whereas predictability can be deadly. Apart from that, who likes predictable people, anyway? On a side note, to expand the individually limited scope of Freudian observations, I recommend you study some of Jacques Lacan's work. I personally am a much greater fan of Lacanian Psychoanalysis, as a quasi-successor to Freudian theories. However, this is purely preferential, and you may not agree with this. However, I think if you analyze how Kant found a bridge of inter-ego-id congruencies already a pretty long time ago, you may visualize a connection between Freudian and Lacanian psychoanalysis which would otherwise not be apparent. To quote Lacan: "The subconscious is structured like a language." Finally, since you mention ego, the topic of ego and id is probably the best of all to get really riled up about. However, despite many incongruencies in other theories, both Freud and Lacan agree that the ego works to negotiate between reality and unconscious desire by covering up the necessary conflicts which life entails. This is absolutely invaluable information to understand in order to be a self-honest trader. The awareness of the function of ego relative to reality I would almost consider the top-priority to strive for. IMO, it is the key to discretionary trading success. I need not comment on the rest of this. Too much diatribe. Enjoy!
*Sigh* indeed. Such a tangled web "we" weave, eh Scientist? OK, so you finally admitted that you "only" make about $297K per year trading ER2. (I can only assume that with your outstanding performance numbers you have quickly and handily reached the upper limit.) However, ER2 is only one of a number of indexes, and perhaps the least liquid of all of them. Therefore, since you trade other indexes as well, then that $297K is just the tip of the iceberg for you. Right? Although ER2 has some nice moves, surely you make at least as much in all of the other indexes that you trade because they are more liquid and allow you to trade larger size, no? And that is only one form of trading, since you also swing trade and position trade all over the place. The mind simply boggles at all the money you must be raking in. The part that I don't understand is that you "mentor" a number of people so that they can trade as well as you can. But if they trade the same way you do, will not that cut into the liquidity of your, say, ER2 trading? If the highest number of contracts you can scalp without getting mauled is about 15 (as you suggested), then what about all of your proteges who are doing the very same thing in your markets? If other people are doing the same thing as you are in the same markets, then won't that hinder your performance in those very markets if the upper limit, according to you, is 15 contracts for a given form of scalping? Surely you are not teaching your proteges to do something different and substandard, are you? My original question to you had been about return on capital. That is the benchmark generally used for comparative purposes as I understand it. Return on initial margin, while interesting and entertaining, is not what I asked. As for FT71's comments, and with due respect to FT71, I don't know who or what an FT71 is. I only know what I asked and that my question was not answered. Thanks all the same, though. Finally, you conceded that, of George Soros and Paul Tudor Jones, at least Soros is a better trader than you. I can only infer that you are implying or at least suggesting you you are a better trader that PTJ. Is that right? If so, then you truly are a renaissance man aren't you, Scientist? Such "skill" AND a world-class sense of humor.