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If "the greatest trader of all time" couldn't keep his profits, then why would anybody bother trading? Certainly we can't expect to do better than the all-time best? Are you guys in this game to make money and then lose it all? If so, why? Fletch

C-, at best. Someone needs to take their market share with the same product idea, done right, with good customer service, and capable software engineers. Fletch

Sort of, yes. I just had my first kid. Not much time for wasting on forums right now. Taken a hit lately, I'm at around $7500 right now. Fletch

That's the beginning of your trouble, you want to find things that are familiar to you from MS. That way lies madness. Nobody said learning to use the power of the unix dev env. was easy. But the power and flexibility is there for those who master it. Start with learning to edit using...

"Good Visual Studio equivalent" is an oxymoron to a linux developer. Linux developers already have far more power and flexibility in software development then Visual Studio could ever dream of providing. IMHO. Fletch

Well that's a different claim now ("can" vs "can and do"). Are you saying that 1 in 200 are professional poker players? Where are you getting this data from? I don't think it's correct. No, you can only deduct up to your winnings in losses. But you must report the $5k in income, and then...

What kind of idiot "engineers" are you guys hanging out with? Any real engineer who is not a complete dumbass has a perfectly reasonable understanding of probabilistic outcomes. Also, the idea that an engineer is "by the book" and can't be creative is an old canard. It's just wound...

You base that on what? I would guess I could train at least 80% of any sample of the public to make a living playing poker. It's not that people can't, it's that they don't know how. The other 20% would have either intellectual or emotional problems preventing them from achieving it...

Little known or respected fact: YES. Legally all gambling winnings are taxable. Patently false. Fletch

Yeah, my "TA" is not traditional in any sense, I don't think. I don't use any indicator that has a name that I know of. Right. I'm being a little bit undisciplined trading my $5k account using my method which is always in and hence pretty swingy. I actually have two $5k accounts so if...

The actual return or the backtest return? I'm trading 1 ER2 contract, so I guess each contract is worth $60k (I guess I should probably know that!). So I guess that's a factor of 12x. I'm clipping the tops of the trees trading this system with $5k. My risk of ruin is substantial, but as I...

I cared for your comment. I should have given you a thanks, but looks like I missed the opportunity to do that. So... thanks for the pointer! That was an interesting article you linked to. Well, why would I do that? Does anyone ever give out how their systems that they intend to trade...

Another really good day. I'm getting a bit lucky I think. Starting capital $5000 3 weeks later: $8210 Yeah, I know, lucky. But I'll take it. I've got three strategies working together now. I've chosen not to use a net signal from the three, but rather to have one baseline strategy...

Yeah, but those people don't know any real gamblers, and I don't mean twilighters with a cig hanging off their lips while they pull a lever. A real gambler knows the odds, knows how to get an edge, and plays to win. Fletch

Ok, so I finally got all three of my strategies integrated into a single strategy in TS so that I can play with various kinds of signal combination for a net strategy. My 3rd strategy, S3, is pretty volatile, it's either long or short most of the time, so I tempered it by turning it off when...

As if people have clients because the clients need them. People make entire livings telling people to pay high interest loans first and max out their 401(k). A lot of people find an emotional comfort in "expert advice", even if it isn't. It absolves them of feeling responsible if things...

Does anyone here use options on futures to protect against a doomsday scenario, say getting stuck long on another 9/11? Seems like a good idea. Any tips or pointers to information/strategies? Fletch

Well, well. This year is starting off nicely using Strategy 3. S3: 2 trades, +$1660 Balance: $6770 Fletch

Over the holidays I devised a new, third strategy which soundly outperforms my previous two. For the time being I am switching to S3 exclusively, since I am only trading 1 contract until I build my account from $5k to $10k (assuming). In the meantime I am going to start testing a hybrid...

Hey Art, This would be a heck of a lot more interesting if we could see if these recommendations would actually make any money. A P/L of trading one contract on your net bias would make this thread worth reading. Cheers, Fletch