I dunno...the brains at LTCM seemed to do well with THEIR Phd's.....until they blew up and lost all their money. I guess a dumb schmuck like me has no choice but to keep turning my PC on at 9AM...trade until 11:30AM...make enough scratch to pay my bills...then retire for the day to do a little Tarpon fishing. I just can't take this randomness too much longer. Oh well.
look, you can doubt my game theory chops all you want, but i spent a couple years playing poker and have over 20,000 hands of poker data saved in Poker Office over the time i played. i found that the skills that i used in poker (and poker is ALL about assessing risk - pushing your edge when you have it, and laying off when you don't) translate very well to trading i am not a mathematician. i do know a fair amount of statistics, because i had to during grad school (for psychology) and undergrad. but there are obviously people who know far more about it than me. regardless, it is clear that any moron who thinks that price is distributed normally (again, look at the examples of market crashes and sigma-10 events) does not want to look at reality the reality is that the market only moves when supply exceeds demand and vice versa. it's HUMAN decisions that move markets, and human decisions are chaotic- they are not unpredictable. winning traders will continue to apply ACTUAL wisdom and knowledge to make a living trading, myself included pointy headed wannabe academic morons will continue to espouse many theories that are divorced from reality. the tabula rasa gender theory was one i mentioned. EMH is another the facts do not match your theories, so like all ideologues, you ignore those facts that run counter to your pet theory. it's sad, typical, and is part of human nature
This guy is either clearing trying to start an argument or hes insane. Im going with the former and the better question is WHY did he make the original post. Lets try to figure out WHY he made the original post
NEWSFLASH It seems that WallStGolfer31 isn't Ripley's new alias, TudorJones is (it figures). Here's a PM he just sent me: *** Jammin Jim... -------------------------------------------------------------------------------- Quote from JimmyJam: Here's an equation for you: WallStGolfer31 = Ripley = -------------------------------------------------------------------------------- Jimmy.. Use thy brain of yourself once in a while... you're a fucking RETARD just like I knew you were all along. How can you fucking compare me to WallStGolfer? Anyway, Jimmy.. you once asked me: -------------------------------------------------------------------------------- Quote from JimmyJam: How the f*ck can you be so creative and funny, yet not succeed as a trader? -------------------------------------------------------------------------------- It can be pretty boring being stuck in a room looking over my huge fund/money management empire. From whatever you've heard about me, you know that I am a sucker for a good time. If you have seen The Trader, I know.. it was a mistake that I even did it, but I see that some pimpsters in here are still pimping their burned out copies for $500, the last I heard, well.. if ya seen it, ha ha.. you wannabee, you probably would've watched it 1000s of time, I have.. I love myself on the screen. If I wasn't trading, I would've been rocking it up as a movie star. Anyway, you probably would've saw it and you know that I am a sucker for fooling around. I was playing around with an alias. Now, back to my original name... Jimmy... this is a pvt message, and don't post this in the public and reveal my true identity.. or else.. I'll have send my special forces to take care of ya. Remember.. I am the BEST or at the very fucking least, I am better than your sorry ass. *** What is it about posting on any anonymous board that leads to these fits of insanity? :eek: Somebody had better lay off the comic books. Jimmy Jam
Jimmy, At least post a better copy so that it is easy on the eyes. It is true what *I* say about you. I specifically asked you not to post that PM, so that you will. Now, we can see that The Billion $$$ Quest 2007 was for REAL.. or was it ? TudorJones wrote on 02-17-07 01:29 AM: Jimmy.. Use thy brain of yourself once in a while... you're a fucking RETARD just like I knew you were all along. How can you fucking compare me to WallStGolfer? Anyway, Jimmy.. you once asked me: It can be pretty boring being stuck in a room looking over my huge fund/money management empire. From whatever you've heard about me, you know that I am a sucker for a good time. If you have seen The Trader, I know.. it was a mistake that I even did it, but I see that some pimpsters in here are still pimping their burned out copies for $500, the last I heard, well.. if ya seen it, ha ha.. you wannabee, you probably would've watched it 1000s of time, I have.. I love myself on the screen. If I wasn't trading, I would've been rocking it up as a movie star. Anyway, you probably would've saw it and you know that I am a sucker for fooling around. I was playing around with an alias. Now, back to my original name... Jimmy... this is a pvt message, and don't post this in the public and reveal my true identity.. or else.. I'll have send my special forces to take care of ya. Remember.. I am the BEST or at the very fucking least, I am better than your sorry ass.
Let's put an end to this STUPID, WORTHLESS thread: I said it before and I'll say it again, The point is my fellow gentlemen, is that there is no market efficiency or inefficiency, what there is is only a perception. A perception of what you want to see.. market reflects back to you what you look through. That's all. When there is a WILL, the Market shows you the WAY. His retarded argument is that the daily S&P variations (umm.. excuse me, he used the word daily returns..EVEN STUPIDER !!!) fall under a Standard Normal distribution CURVE. haha.. what the faggat is missing is the word VARIATIONS... its the VARIATIONS is where you make the money.
Jimmy Sue bob SAD.........that was your comment for someone "outing" you as a total moron. I mean is that the best response you have to defend yourself? Come on, deflection is not a defense, it is a copout. Try harder, give us your best shot. While you are at it please inform us where the value is in your poats. Thanks, "Youin's YA all cum bk hear" ..