There are two things that led to my turning point and I list these in no order of importance because I don't know which is more important. 1. I learned how to think like a trader. 2. I trained myself in the tools the best traders in the world use. I post this link, not because I studied there, but because they now offer an online program for all who may be willing to shell out 75K. http://tepper.cmu.edu/master-in-computational-finance/curriculum/course-descriptions/index.aspx BTW, this program is ranked #1 in the country. Rankings: https://www.quantnet.com/pages/mfe-programs-rankings/
Can't promise 1000 trades, but I'll contact you around Christmas (publicly in a form of ET thread) so that you and others can also publicly judge if what I have to show you is a result of just luck or something else. Deal?
"You can definitely do it, but you need to be willing to risk it all" Every trader in Market Wizards I through IV will disagree with this. This statement is exactly why traders fail miserably. Not for nothing Surf, but there is a reason you don't trade for a living. It's thinking like this. Complete degenerate gambler's mentality. It's rather funny what you say. The guys who take huge risks for huge rewards all basically blow up at some point (trust me...I have traded with many who thought like this. All are out of the business). The guys who as you put it "grind it out for a living", the ones who are consistent all have long and sucesssful careers. Basically Surf, you are 100% wrong.
Brother Surf, I don't open document attachments. Can you post the chart so we can see it on the thread? P.S. Any chart can be traded
First a chart is a display of a data stream. To trade successfully, the problem at hand is to make use of the data stream. The contrast between surf and intraday traders is one of events frequency. I am stating that in either case there is no value in time series construed data. Data consists of market price and volume data AND data that is related to placing unfilled orders into the market operation's contingent possible orders that will be affected by the market trading context. The greatest activity in markets is the gaming of the maket by people who have the larger rights to add and delete contingent orders. The greatest limitation on such is the market margin change twice daily. The bar 78 change is most noticable in the gaming operations. This separates the thinking, strategies and beliefs of the position trading of surf FROM the intraday trading of most other posters (See nodoji, etc) surf is will to disparage. Position trading as explained by surf is "reaction" trading to an amalgum of 10 or 12 interlocked contingent type variables he thinks anticipates the price movement. (If anyhing they actually "limit" the price movement when values are compared to market capacity (at the correct time)). The best profit segments which occur, are a direct result of contingent orders becoming market orders and those orders not being executed (FIFO) at more than a partial fill rate over the range of cascading prices.(capacity issues prevail). We all know the dates of those priceless hauls we made front running the surf types who are reactive in strategy. (Note surf's comment of when he trades interday: "I trade only once in a while when things suddenly go wrong" (paraphrasing surf). Surf has givien some of his criteria for a proof he needs from others. The actual line in the sand occurs well before surf thinks it COULD. This means two things: surf and his reading audience is weak on stats and, further, both are weak on how taking the market's full offer is the standard to which those who design by doing monitoring and analysis (they do not use times series either since time is not the basis for expert trend forwarding analysis (See RDBMS)). I find it remarkable that surf's audience cannot entertain the advance of the iterative refinement of TA. (See Behavioral Finaance's "BF or BS" squib) Probably, I should present the context based construct I use the take into account the intraday gaming of the book by big money. None of this has ever had a thread in the more technical forums of ET. If and when surf figures out position trading "price drivers", he will be surprized to find that that is the way the rules work in PVT stock trading and the way the rules work for sector trading stocks in the intermediate term fractal. (SSR)
thanks. It certainly can be annotated. Why is the chart incomplete regarding the parallel market variables. Is the provider from Denver unfamiliar with market operations?
See attached. There are a bunch of trades. 20 get a p<0.05 Are these coins tosses in an AM of a day? THe range is visible. Use it a a denominator. The multi of the period is available to anyone. So this trial can be compounded. The compounding is like adding contracts to reach a market capacity and then adding other markets at their capacities. So how long do they flip coins in Denver and I annotate and a fund manager makes this wealth for his clients? Does any programmer here see the rules for RTL, LTL's and bookmarks? No, that is not quantifiable according to surf's indoctrinated readers. Is his reader list for sale? How much?
no, She is just telling you that a coded system exists for anything that is displayed. she is also saying why bother to display it. Look up RDBMS.