Xmas Rally Has Finished.

Discussion in 'Trading' started by GrandSupercycle, Dec 3, 2011.

  1. I'm sure he too lived in his parent's basement. :D
     
    #421     Dec 16, 2011
  2. i just emailed and text you my address and amazon wishlist, spread some cheer to the needy...."bro"

    congrats as always
     
    #422     Dec 16, 2011
  3. a)Goddamit, I've said it's real money, and this is a new month, last months performance ended and I earned my way onto December's for a fourth month. This isn't the same month as last month.
    b) It is my proprietary trading account for KC Capital Management. Keep it there? It'll be there for a really long time.
     
    #423     Dec 16, 2011
  4. Beau, I'm sorry you needed to go through a divorce at such a young age. I'm sure you feel like crap as a result of that. However, you need to pick yourself back up again and take control of your life. Stop relying on your Dad's retirement fund. Stop living under your Dad's roof. Take control of your life. Too bad you completed your qualifications in your field just as the banking crisis took hold in the USA. I'm sure this added great pressure to your marriage.

    1) You can start by learning how to have a more postive outlook on life. This attitude that the whole banking system is going to collapse under the weight of Europe's troubles, isn't a smart way to live. I don't thing your ego is healthy. I think you're overcompensating for an underlying low self-esteem

    2) You may have an edge now, but it won't last. No edge ever does. You need to be able to adapt. I know this as a result of whole bunch of reading from traders who have succeeded and failed. It is also common sense.

    3) If your ego is so monstrous and misguided, you'll never accept the fact that your edge has been lost and you need to find a new edge. If this were your money, then I would be less concerned, however, it is your Dad's money. I am relieved he took two thirds of it out of your hands before your ego loses it all. That $15,000 you earned last week is your Dad's money!!

    4) I'm glad for you that you are in the top 3 on covestor. That's great; good for you.

    5) Unfortunately, I think you are clinging to 4) as one of a few things that allow you to feel good about yourself when deep down you feel rather miserable because of your failed marriage. Miserable people tend to assume the worst.

    Good luck. These are my final words to you. I've wasted far too much time arguing these issues with you. I have my own issues to worry about.
     
    #424     Dec 16, 2011
  5. 1) A lower close in the next two trading days will cause us to enter long positions. My methods are quantitative, and won't ever stop working.

    2) Price Physics is market eternal with regard to the mechanics of the market, and combined with pairs trading arbitrage are all I need. The pairs model I use has a 200+% APR and 35% Drawdown. Combined with price physics the pairs model made triple the amount when used in conjunction to time markets. This won't ever stop because sell high buy low is lost on too many people because they don't understand why you'd want to do that rather than typical long only buy low sell high that's more like buy low sell low as our markets are in a bear trend, but could see a pop sooner rather than later, as this is the week of Christmas, we will probably rally next week and we will enter once these lows are set and they are beyond our oversold levels in QID and QLD.

    3) I do not have an ego, I have pride in my models. That is not ego, and does not get in the way of anything I do to trade the markets. If you spent as much time as I have backtesting, optimizing, and finding your holy grails then you'd understand. I am not a discretionary trader but am entirely systematic. There is no ego issues in this regard, and if that's not obvious then you'll just have to put up with the fact that my models win an extremely high percentage of the time.

    4) :)

    5) I've never felt better about making money because I made a ton of it this week, and that's not going to stop. I'm sorry you think ego has anything to do with what I do, but it's all quantitative analysis, and whether or not you think I get excited I love making money and taking trades I know are heavily tilted in my favor.

    Perhaps making a bearish call wasn't the best way to introduce my methods, but if we sell off we will set a breach lower low that will be a higher low and that will be the bottom where we will change our tune and begin going long.

    These ideas do have merit, and as far as I am concerned they have been well worth the time it took to perfect them.
     
    #425     Dec 16, 2011
  6. Annualized since inception (%) -7.50
     
    #426     Dec 16, 2011
  7. Lucrum

    Lucrum

    :D
     
    #427     Dec 16, 2011
  8. I don't pound my chest, because that could hurt my heart.

    You might think I trade on emotion, but I am nothing but a quantitative automaton who'll eat your lunch but I don't need food to live, only price, volatility, and that is my sustenance..
     
    #428     Dec 16, 2011
  9. And how much am I up this month?
     
    #429     Dec 16, 2011
  10. lol yes, only PricePhysics and truckloads of Twinkies.
     
    #430     Dec 16, 2011