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  1. L

    trend following - quo vadis?

    Thanks Man, My average trade goes 2 to 12 weeks. Just part of the territory, I hear you say. This helps a lot and gives greater clarity of purpose. In appreciation. Lar
  2. L

    trend following - quo vadis?

    Man... Mr. Man? Uh - Hey Man, You started a very interesting thread. Thanks. I am still formulating my overall market approach and the concept of reversion to the mean being noise while awaiting the real reward of the outlier could have a fundimental place in my approach but I have to...
  3. L

    Jokes

    Subject: Men are from Mars? Women are from Venus? Looks that way! For teachers... or any of us who have had to write an essay! You will get a real charge out of this one. Remember the book - "Men are from Mars, Women are from Venus"? Well, here is a true life example from the University...
  4. L

    Is anyone getting rich out there?

    ------------------ ftrader says: "It seems to me like many of you are just pissed off guys with no bankroll trying to eek out a living sitting at home in your bathrobe. So, again....who is making the real dough and how are they doing it?" ------------------ To which I reply...
  5. L

    Gambling Pure and Simple

    Ok, have fun. gtty, Lar
  6. L

    Gambling Pure and Simple

    Dear wannabehftrader, This brief note is about controlling those things you can control and is just a thot about protecting your emotional health. Your ups and downs and the YEEHAWW!!!! winning days alternating with the dejected losing days is a short trip to emotional instability. Even if...
  7. L

    Black Monday ??

    The Dow: Anyone notice there wasn't much of a change in the open interest all of last week? (At least that is what my free charting site says... never can trust it 100%, so correct me if I'm wrong.) Even with the increase of volume most of last week.
  8. L

    Black Monday ??

    No early panic in the indices. I am long the June Dow from Friday d/t assignment of 105 April Puts I wrote. I am also long 104 June Puts in a 1:1 ratio. Today I purchased 425 GcQ5 Calls - IV is near the bottom of the 6 month IV range. The monthly prices have been in a steady uptrend. This...
  9. L

    Jokes

    Red Neck video game http://www.shockhaber.com/zzzzzzzzzzzzzzz.htm
  10. L

    Is trading Gambling or not .."What say You" Vote here.

    ok, I'm done.
  11. L

    Is trading Gambling or not .."What say You" Vote here.

    Hi ElectricSavant, I wasn't interested in the results of the poll... I am interested in YOUR opinion. Namely, "Out of the first 1000 people trading in any given market on any given day... are you saying that none of them are gambling?" What say you?
  12. L

    Is trading Gambling or not .."What say You" Vote here.

    Dear ElectricSavant, You never did answer my question. Namely, "Out of the first 1000 people trading in any given market on any given day... are you saying that none of them are gambling?" What say you? And lastly a last comment. No disrespect meant, just an observation. I think...
  13. L

    Is trading Gambling or not .."What say You" Vote here.

    Dear ElectricSavant, Btw, yep - I can connect those dots with 3 straight lines never letting the pen off the uh - monitor/paper. Just have to extend the lines far enough with a slight angle. Hey, I'm wobbling again... Gtty, Lar
  14. L

    Is trading Gambling or not .."What say You" Vote here.

    Hi MaxMin, Good point. Lar
  15. L

    Is trading Gambling or not .."What say You" Vote here.

    Hi ElectricSavant, You said: Can you connect all these dots with three straight lines without ever lifting your pen? 0 0 0 0 0 0 0 0 0 I tried several times but my pen tip keeps sliding off the monitor! Thanks for the dialog, Lar
  16. L

    Is trading Gambling or not .."What say You" Vote here.

    Hi TGregg, The question of the poll did not leave ANY room for grey areas. Most things are not black and white, but are shaded or colored. This poll was a forced choice between two opposites. Gambling YEA or Gambling Nay. The challenge of the poll was to find which of those two choices...
  17. L

    Is trading Gambling or not .."What say You" Vote here.

    ElectricSavant, The range is not the outcome. There are countless ways in which the market can behave within the universe of possibilities. As I understand it, you are playing the flow of the market. They never go straight up or down. They advance and recede. There are decisions about...
  18. L

    Is trading Gambling or not .."What say You" Vote here.

    Hi saturnine, Yes, I concede that. Like many things, some gambles/gamblers are better than others. Peace and gtty, Lar
  19. L

    Is trading Gambling or not .."What say You" Vote here.

    Hey Electric, Do I think traders who win consistantly are lucky? No, I think they have a valid edge(s) which they exploit time and time again. I think they found a way to put the odds on their side. It's ok that a lot of folks disagree with my conclusion... it's not the first time...
  20. L

    Is trading Gambling or not .."What say You" Vote here.

    Hi Electric, Thanks for the invitation to rethink this growing discussion. I spent a lot of time going back and forth with exceptions, If/buts, thots about edge, probabilities, risk and qualifying wiggle words then finally asked myself this question. If I had a gun to my head and had to...
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