Recent content by kut2k2

  1. kut2k2

    Endicott's genuine advice to young people who want to make it as pro traders

    The ignorance displayed in this thread about LTCM is appalling. The assumption that just because they had computers and a few PhDs and even a Nobel prize winner or two that they should have killed it is ludicrous. And their failure is in no way "proof" that math doesn't work. What LTCM did...
  2. kut2k2

    Careers With the Most Psychopaths

    Which may explain the cop listing. Supposedly most cop applicants have to pass a psych evaluation, which should weed out most sociopaths. But if a cop shop is itself a sociopathic organization, then all bets are off. Disagree. A psychopath isn't automatically a Svengali or a criminal...
  3. kut2k2

    Careers With the Most Psychopaths

    It's involved with money. I think all fields involved with money are extremely attractive to sociopaths and psychopaths. Banker equals bankster these days.
  4. kut2k2

    Careers With the Most Psychopaths

    According to the episodes I saw, a few sincerely tried their hands at trading. They all failed miserably. Maybe something to do with the psycho/sociopathic tendency to fail to learn from mistakes, or to accept blame for any screw ups.
  5. kut2k2

    Careers With the Most Psychopaths

    Daycare? Petting zoos? They did say nurses and doctors not involved in surgery were low in the percentage of psychopaths. I'll say it again: none of the criminals profiled in CNBC's American Greed was any good at trading. BTW does anyone know if there is a nontrivial distinction between a...
  6. kut2k2

    Careers With the Most Psychopaths

    Wow. You were so eager to get that racist dig in, you completely ignored the domestic violence data that justifies the listing. Keep that shit in P&R.
  7. kut2k2

    Its impossible to be profitable in trading as a retail trader

    "I have read hundreds of books on the subject." LOL. Yeah, sure he did.
  8. kut2k2

    DBPhoenix Posts/Journals

    http://www.elitetrader.com/et/index.php?threads/if-you-can-draw-a-straight-line.276076/ http://www.elitetrader.com/et/index.php?threads/son-of-if-you-can-draw-a-straight-line.278341/ http://www.elitetrader.com/et/index.php?threads/bride-of-if-you-can-draw-a-straight-line.279387/...
  9. kut2k2

    Its impossible to be profitable in trading as a retail trader

    This is sophistry. You're using trading in its most generic meaning to include all exchanges. In this website, trading means speculation : the acquisition of considerable risk for the opportunity (but not the guarantee) of considerable gain. Can we now end this silly equivalence of trading (as...
  10. kut2k2

    Its impossible to be profitable in trading as a retail trader

    Prostitutes working in legal brothels face almost none of those risks. The biggest risks associated with prostitution stem from its illegality in most places. Remove that nonessential factor and almost all the risks fade away. Legal brothel prostitutes get a guaranteed income for their...
  11. kut2k2

    Its impossible to be profitable in trading as a retail trader

    Prostitutes are not traders in any sense. Prostitutes are workers who perform a service for money. Traders risk their own money with the hope but no guarantee of gaining more. Totally different jobs.
  12. kut2k2

    Just how reliable is backtesting?

    http://www.elitetrader.com/et/index.php?posts/4271590/
  13. kut2k2

    Just how reliable is backtesting?

    And another thread is ruined with B1S2 BS.
  14. kut2k2

    Just how reliable is backtesting?

    Are you saying that even a little bit of lag in one of your systems kills its profitability?
  15. kut2k2

    Just how reliable is backtesting?

    I have no experience with CATSCAN.
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