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David Cui: "Financial Crisis in China, Not a 'Black Swan' Event" Published on Sep 8, 2014 David Cui: Head of China Equity Strategy, Bank of America Merrill Lynch Global Research 37-40

Thanks. Not having enough time for the whole thread yet, I still need much learning to understand its values. If possible, it would be nice to see a (monthly/yearly) performance summary report of your (simulated) trading covering last 10 months/ years. Good luck!

Thanks for a very interesting thread. Was the 100% DD mentioned above based on any back-testing with historical data? Actually, how do you know that Blowing-up can be a "Sure thing"? I think your writing is much easier to read than JH's . Comprehension is always my own incapability problem!

http://www.theage.com.au/business/mining-and-resources/citi-takes-axe-to-iron-ore-forecasts-20141111-11kbf4.html " Citi Group has slashed its iron ore price forecast for the next two years to $US65 a tonne, from about $US80, while ANZ predicts the commodity is unlikely to not breach the $US100...

http://www.theage.com.au/business/markets/predictors-of-1929-crash-see-65-chance-of-2015-recession-20141111-11k2cy.html " In 1929, a businessman and economist by the name of Jerome Levy didn't like what he saw in his analysis of corporate profits. He sold his stocks before the October crash...

I think the market is almost absolutely predictable - for its unpredictability! LOL

Open Mind by Bruce Lee: Be Water My Friend “If you do not have styles, you just say, here I am as a human being, how can I express myself totally and completely. That way, you won’t create a style because style is a crystallization, that way is a process of continuing growth.” – Bruce Lee

Actually I am open mind to your closed mind theory. :)

Relatively speaking, open mind to one thing can be close mind to something else; whereas close mind to one thing can be open mind to something else! :D

" The more trading experience you have in conventional trading makes it more difficult to accept and apply his methodology. " Equally, Jack's followers could no longer accept and apply any other methods! Very interesting!

Many thanks JTrades, you're Probably right, open-mindedly speaking!

Perhaps JH just wants us to know the greatest challenge is an Open Mind to his methods! :D

Thanks RN, I keep an Open Mind to your comments.

" Any person can start with an open mind and in ten months make 1 million a day " http://www.elitetrader.com/et/index.php?threads/any-person-can-start-with-an-open-mind-and-in-ten-months-make-1-million-a-day.287083/ Now I really really want to be an open minded trader! Sometimes I think I...

LOL. Probably, in 2 years time from Now! :D

Any update?

LOL

:D http://www.elitetrader.com/et/index.php?threads/this-is-too-funny-must-read.286411/#post-4036577 " http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme#comment-5195820 It has been an interesting week for the CME: first it was revealed a...

JH: 100% Win-rate, with 3x ATR profit.

That would be possibly the simplest trading strategy!