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    Sold ERTS Apr 55 puts today @ $.90

    I am not kidding, but whatever your take on it is okay. I think whats not humorous, but expected, is your need to ask others for their thoughts and advice on trading. It doesn't appear to me that you have a system of trading that you trust, given the fact that you started a thread asking...
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    Sold ERTS Apr 55 puts today @ $.90

    I can't think of a more self-contradicting statement in trading.
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    The Flaw in Trading System Reasoning...?

    Yes....agreed. Although, unless you are first to make a trade, I believe all similar systems do not increase in value as more people use them. This is quite the opposite of the fax machine idealogy (the more users the more value the fax machine has, even as its price drops). So, perhaps...
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    The Flaw in Trading System Reasoning...?

    Okay, you asked the direct question. My direct answer, is, yes, I believe there are an infinite amount of ways ES could be traded profitably from 1995 to 2000. Of course there are not an infinite number being traded. But the math supports the belief. So basically that idea gives a...
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    The Flaw in Trading System Reasoning...?

    Yeah it might be the first one....and also...my ideas might have come from someone commenting on his quotes too. Thanks for the wallsstreetuncut link. Are you really that passionate about Marty Schwartz, or are you the man himself?
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    The Flaw in Trading System Reasoning...?

    First, regarding that finite number...what is it? I substantiated my point about the infinite number using asymtotic limits as they are applied in calculus. Maybe you haven't had calculus so that didn't really click with you. But, thats one reason why the calculus evolved, was to explain...
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    Marty Schwartz

    Martys....there is a good interview with him on wallstreetuncut. I think the link is posted. Good luck finding it.
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    Marty Schwartz

    Yeah, I have a suggestion. Spend some time in your office, car or cardboard box. Figure out some of your own edges. Expoit them in the market until they no longer work. The go back and find more edges.
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    The Flaw in Trading System Reasoning...?

    Again, if you assert that the amount of systems is finite, what is the number of finite systems? Clearly, in order to determine that the number is finite, you must have an idea how many profitable systems there are....will you please tell me what that number is. I am trying (hard) to see...
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    The Flaw in Trading System Reasoning...?

    Yes, I am looking for the link to post. Just wanted to be forthcoming with my sources as quickly as possible.
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    The Flaw in Trading System Reasoning...?

    Okay....how many profitable systems are there, and how do you know that that number is correct?
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    The Flaw in Trading System Reasoning...?

    I think we have different definitions of what exactly a system is. Systems have nothing to do with old data or new data. Systems are methods of trading. Methods of trading are any set of behaviors one uses or tests in order to operate in the market. If you take 100 systems, that each...
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    The Flaw in Trading System Reasoning...?

    Yes agree. You need to understand that each moment in the market (in life) is unique. New systems evolve that work now that wouldn't have worked at any other point in time. To say that there are a finite amount of systems and we will run out of them is a sophomoric notion of scarcity...
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    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    Maybe it would be prudent to start a lineage of long term currency trading and pass it down to your next of kin.
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    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    You just need one cent to prove that there is no safe currency over time. And no safe economy. At some point every great culture declines. Every currency and economy declines. History teaches us this. If you don't believe this is so, take one penny, compound it at1% per year from the...
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    Chicago Prop Trading Firms

    Thanks for your reply. It IS in your interest to help every trader become successful, in the long term. Its always good to present both sides of an issue. Thank you and good luck.
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    Chicago Prop Trading Firms

    Desk fees from $2000 to $6000.00. The REAL players. Unlimited IT budgets????????? First, I have never heard of any businessman, anywhere, with an unlimited budget for anything. To be honest, this sounds like the desk fee justification used by many firms in the 90s for Stock Trading...
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    Obtaining Trading Capital

    Brokers do it every single day. Its a skill to be learned. Don't think that you need the most robust method or best results to go out there and raise capital for trading. Most people just don't want to do the work, and can't stand rejection. For just one moment, crawl out of your trader skin...
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    Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money

    Interesting to see in some of the many posts on this board of those who are so indoctrinated into a consumption/debt mentality that they vigorously reject profound beliefs. The opening comment to this thread is about all the theory one would need to know. Of course, theory never made anyone...
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