Recent content by WaxOn

  1. W

    Machine Learning has incessantly changed markets

    This guy has been talking about raising funds for a hedge fund in previous post and clearly on the DL. Those results do not look real. Panama? Can you say “please scam me”? Dude NO ONE raises money like this except people looking for marks. This has slime written all over it. Good luck...
  2. W

    Almost everyone is lying. Because there's no such...

    I had to chuckle a little reading the OP’s post. I dont mean to belittle but the premise of this thread is as such: “ I picked up a magazine and replied to every small ad in the back. They were all BS.” Dennis Gartman might have a bridge he would like to sell you. Naiveté can be cured...
  3. W

    Is trading really hard work?

    When you believe you DESERVE it and start believing you can, and you just might. Use leverage. Be smart. Get angry. If you dont take it guys like ken griffin will be happy buying more $250 million condos, Robert Mercer will be content finding the next Hitler to take over the country. When...
  4. W

    Is trading really hard work?

    I can show you people that do this and put little to no effort in. Not me though. There are some people who speedread textbooks, show up for a test and become valedictorians. Not me! Bottom line - dont worry about other people. btw i started trading in 1991. Not contiguously. Lost...
  5. W

    Profitable Traders: What makes you keep going?

    Normal midlife crisis. The shit you see on TV is fake. All these great people doing great things are doing different things than you. Consistently making money is what few can do in this business, soon enough you will thank your lucky stars you dont have to work for a cocksucker. Most bosses...
  6. W

    Is trading really hard work?

    To answer this question one must get some basics out of the way. First, your question seems rooted in labor, when capital cares less. Labor works for capital. Most of us come from a world where you show up for work and get paid. “Hard work” is a cultural value that has merit for those...
  7. W

    black swan from china for $US

    lol. The dollar trade has near limitless capital at this point. The dollar did not go higher initially because Yellen talked it down unlike anything we have seen since Greenspan. Heck, now that i think of it maybe there was some actual Greenspan consultation in there (and Goldman). If...
  8. W

    Can algorithmic trading systems beat human traders?

    EVENTUALLY machines and humans will be one. Where the edge will be then is much more difficult to say. I think that the always humorous efficient market theory will become much more real, and the full time trader a very rare circumstance. You need to be very rich and own all the best neural...
  9. W

    America Needs Talent

    i think you're forgetting a LOT of the country. The trailer trash, the unfortunate in the south. Rich white suburban kids are the minority, although you may not know that if you are from there. Its true - inner city schools are horrendous and the numbers not insignificant. But did you know...
  10. W

    Where would I find federal rate before 1950?

    Also, i know you are just a trader and maybe don't understand the ramifications of the real world. Back then we were on a gold standard and The Fed did not control the money supply as they do today. "The modern era" that people speak of is when the US completely went off the gold standard...
  11. W

    Where would I find federal rate before 1950?

    Te data may not be there because the Fed itself only publishes H.15 historical data on fed funds starting in 1954. Since federal funds are compiled by them, the only way to trust any numbers would be to call the fed and ask them yourself. http://www.federalreserve.gov/releases/h15/data.htm
  12. W

    black swan from china for $US

    these people haven't thought it all through. And they are also unconscionable leading retired pensioners into gold with their conspiracy theory at a point in their lives when they are more fearful in general. I wish i could meet these gold pushing dickholes in a dark alley bareknuckled. Bunch...
  13. W

    Established Trader looking to Mentor

    semantics, but i prefer the term 'position trader', or even 'speculator'. many of my best trades are weeks long as well. even the fast money knuckleheads on cnbc (m. khouw excluded) have trades lasting weeks, but i wouldn't consider them investors. there is no rule that traders can't be home...
  14. W

    What is the best mobile platform for managing futures orders?

    Thinkorswim has the mobile app you want. Their systems may be the first to crash and burn in a flash crash, but they are have a good app.
  15. W

    Could UGAZ go to zero?

    how these bone headed contracts traded on equity exchanges are legal just baffles my mind. they are junk, crap, piss, looking for suckers. if you want the horses mouth, don't kiss a pig and close your eyes pretending its a horse. It just ate some shit and now its in your mouth. Trade the...
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