trend following delusion shattered

Discussion in 'Trading' started by hank rollins, Mar 15, 2005.

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  1. the pyramid u refer to is where the answer to our problems lie......it can be found.......the answer is the key to the goldmine....
     
    #1351     May 7, 2006
  2. When I saw that you had responded to this post I had to take about 50 really deep breaths and walk around the block a few times. It really works wonders for exorcising demons and you my dear surf have become, in my opinion, one of the worst kind. That is someone who either trades for other people or promotes those that trade for others that are so completely closed minded that they emphatically refuse to even entertain the idea that there is something . . . anything out there other than what is trapped inside their ironclad fortresses they call brains.

    You had the opportunity, at my request and offer, to sit and see exactly what I am talking about. You could have spent days grilling me on detailed explanations of the intricacies of all of my warped ideas but you chose to spend that time doing . . . something else. Something that was . . . anything but getting a better grasp on an alternative to the died-in-the-wool processes you and your bank of "quants" currently use to trade from. If my strange and seeming off-the-wall rantings are strictly for the sci-fi channel and late night TV, you could have rubber stamped that notion and we could have all waddled off in the sunset. That never happened. You felt it was safer to sit and throw disguised barbs from a distance where the fall off least likely would touch you.

    In the last few weeks you have taken a number of arbitrary positions in the Markets and justified each of them by saying that your quants are telling you there is particular tops or bottoms in the Market. You took large positions, or so you say, shorting Metals, Crude the Mini-Dow and the Euro on the day after the Market saw a large profit taking day. So you "Saw" panic in the fundamentals and jumped in with both feet and the Market handed you your A$$ in a basket. Your only response was, "one of us is right, and i'm betting its me". Good thing I'm not a betting man or you would have been in a world of hurt. Then if that wasn't bad enough on Friday you started shorting the E-Mini Dow at 11508, and added more shorts at 11532 and to compound that added more shorts at 11572. Currently you are 38 points, 68 points and 92 points, respectfully, out of the money. Oh sure, hold them long enough and you will recover but the point is you SHORTED THE MARKET WHILE IT WAS IN THE PROCESS OF CREATING A NEW ALL TIME HIGH. Then have the gaul and audacity to question MY thought process of how I see the Market. 11614 MIGHT be the top in the E-Mini Dow but you nor ANY of your QUANTS will know that until after you have chased the Market up and down the block a few times.

    A couple weeks ago when you blew out the first chunk taking all of those shorts I told you why you shouldn't and gave you specific reasons for my thought process. I was 100% correct in outcomes of every one of my reasons for what I spelled out to you. I'm not gloating, hell I'm wrong too but some things are just too obvious to ignore . . . but you ignore them because you are and probably will always be arrogant and blind to anything but your beliefs.

    I told you in the your thread, "surfers $$ journal",http://www.elitetrader.com/vb/showthread.php?s=&threadid=67432&perpage=6&pagenumber=1 , your credibility with me has evaporated. Now go harass someone that truly cares to respond to your childish questions on subjects you have no intention of learning about or devoting any time in understanding. You are a total waste of my time.
     
    #1352     May 7, 2006
  3. okay surfer........go with angles,,,,,that is all....
     
    #1353     May 7, 2006
  4. cnms2

    cnms2

    . porgie ......... just wrote .......... (almost) a clear ...... full ....... sentence ............. :) :) :)

    . porgie .............. keep up the gooooood work .........
     
    #1354     May 7, 2006
  5. the main thing that is clear for porgie is what the market is going to do not what it has done.......that's too late for me........no one knows but if there is a rare system failure that is as good as knowing what comes next , wouldn't you think? my friend? why don't i look at chart patterns, why don't i look at volume, s/r......i don't know that answer, i had a stroke........i forgot ........oh well, start all over again from scratch.......remember, bar noise is price movement.....no such thing as bar noise actually.......all the things u have learned about this business unlearn it........start over........
     
    #1355     May 7, 2006
  6. George you seem to be posting about the same thing on every possible thread. One has to wonder about your mental health.

    The theme seems to be, that you are "perfect", that it has taken you years to become "perfect". Then we get a lot of word salad and what I characterize as self protective non communicative crap (sorry).

    My take on this is that you have been here a long while. I am guessing that your experience is far removed from what you say it is. I would bet that instead of becoming the perfect trader with a 100% record, you are a net loser and it is taking its toll on you.

    It must be devastating to be trying to do this for so long without getting the brass ring. I will bet that you simply cannot face the facts and instead you have manufactured a fantasy person who is the "perfect" trader. No need to struggle anymore, you have found the "perfect" solution.

    The last comment I read was you offering to "pray" for someone. That is really over the top. Now in addition to being the perfect trader, you have also become a "saintly figure" who offers up prayers for us struggling humans.

    I have the feeling old guy, that we will read one day that you have shot yourself in the head because reality came crashing in and you couldnt take it. I hope you get help before that happens.

    I think that in the end, it is us struggling imperfect humans that will be praying for YOU.

    Steve
     
    #1356     May 7, 2006
  7. man

    man


    my TF system stuff is up 17% ...
     
    #1357     May 8, 2006
  8. Action picture of trading outfit using the eternal golden TREND supplemented with MM for salvation.
     
    #1358     May 8, 2006
  9. man

    man


    you are truly nuts ... where is that pic from? looks like german woodcut 16th century, maybe early 17th ...
     
    #1359     May 8, 2006
  10. One picture helps better getting an idea across than 227 pages of postings in "trend following delusion shattered".

    Flemish, Breughel, Antwerp 1558
    BTW: very famous engraving - discussed in many arts treatises.
    In fact, engraving was only a minor sideline of the Breughel's art. It illustrates though their great craftmanship in drawing.
     
    #1360     May 8, 2006
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