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  1. ras72

    Using Trading to Transfer Capital.

    :D Lovely post. Clear, concise, knowledgeable, factual, witty, slightly polemical. Thank you for taking the time. That's something different. Also could we keep politics out of this.
  2. ras72

    Using Trading to Transfer Capital.

    It occurred to me that if one is consistently profitable (or losing) trading, one can use that to transfer capital by doing simultaneous opposite operations on at least two accounts. Has anyone ever done that, intentionally, purposefully? Any thoughts?
  3. ras72

    Why Do We Trade? For Real.

    Interesting subject. Thank you for the opportunity. I truly enjoy the technical challenge of understanding the subject. I obtain gratification from the knowledge of having eviscerated all possible explanations and clarified all logical ties between elements. I can and indeed have deployed over...
  4. ras72

    Managing exits in manual trading

    In general there's something intriguing about the “(mostly) no stops” tenet. Specifically, in my experience of losing trader, my longest successful run of three months was when trading without stops and also averaging (there's another provocation!), building around a small position...
  5. ras72

    ras72 EURUSD

    One year 400:1 EURUSD, “...and it's gone!” :D Spectacularly extraordinary returns not presently accessible. Steps make €300/month tuition come to fruition. Chill. Then back as before. Standard drill. Quite frustrating shyte. There are and there will always be fuckers with superior vision than...
  6. ras72

    Struggling traders and Gurus

    Nobody. Much. Talk. Losing. :D
  7. ras72

    when to take profit?

    :D That will work like a charm if one can catch major trend reversals with only a few failed attempts. Otherwise, in general, the very low 'p' and extreme 'R' make it deeply losing; piles of losses that no win could compensate for. Consider the opposite approach, never taking any losses and...
  8. ras72

    What degree/master/phd would be the best for a trader?

    Here's a song about a mathematics PhD programming computer. Pet Shop Boys; Opportunities (Let's Make Lots of Money) :) ras72
  9. ras72

    ras72 EURUSD

    Last week was the worst ever in ten months. Distraction, loss of balance and focus. Mistakes unprecedented in nature and severity. Trades' related posting's experiment over. ras72
  10. ras72

    A day in the life of a real trader

    What?! Reversing at 8.00, multiple buying and selling in minutes to establish position, buying at 10.30, selling at 10.33, buying at 10.50 (or something).... doesn't seem intraday to you? :confused: If I were daily I would just set limit buys at 1.35xx SL TP If I were weekly I would just set...
  11. ras72

    A day in the life of a real trader

    Exited half the long Friday night just before close. Watched Monday mini down gap opening. Did nothing, set limit sell 1.361. Had it hit this London session. Went net short, lightweight. Blashed and shabled adjusting it and increasing it to 1.361, f 0.03 (3% of equity) Reduced it at 1.359...
  12. ras72

    Anyone else concerned by DirectEdge tagging orders as RETAIL?

    Retails is the category that is overall massively losing to everybody else. How can making their orders easier to identify to a broader group of participants be positive for retails? It is also the category that is least technically versed and the only one whose interests are unrepresented...
  13. ras72

    ras72 EURUSD

    ras72 EURUSD Ten months experience studying spot EURUSD. Presently in a 61% drawdown. Discretionary, I use my own brain. Directional. Read dozens of books. Settled for Alan Parson's Eye in The Sky. No system and certainly no backtesting ('cause I'm not stupid). Nothing fancy. A bit of buying...
  14. ras72

    A day in the life of a real trader

    I was surprised by the depth of the down retr. on EURUSD. I initially used it to increase my long until about 1.36 (break of a trendline) where I unwinded most of the long at BE. Carried the remainder underwater. Increased it averaging down and then reduced again at small profit upon up...
  15. ras72

    What degree/master/phd would be the best for a trader?

    Even bringing into the equation the increased complexity of AI, the utility of which I somewhat doubt (but then I don't know enough about HFT), my take is that in between superstar Phds and a “cheap programmer from China or India” there is a realm of good, smart programmers who could get the...
  16. ras72

    What degree/master/phd would be the best for a trader?

    As I stated in an earlier post in this thread I see science overachievers (Phds) playing a role in HFT limited to defining super efficient hardware and software infrastructures (another thing that comes to mind is the interest of the financial world when it seemed neutrinos travelled marginally...
  17. ras72

    What degree/master/phd would be the best for a trader?

    “Psychology” being a factor in price movement is a rubbish notion that is carried over from the times when classical technical analysis was introduced and was seen as a justification for the patterns. Nowdays that relation has somewhat been reversed with price being moved against common...
  18. ras72

    What degree/master/phd would be the best for a trader?

    As a side question to the thread, why do they hire ultraqualified science people? I can think of the following: Risk management across complex strategies and multiple products. Creating new structured derivatives for profit and to unload bad debt on consumers. Because they can easily...
  19. ras72

    more or fewer technical traders than before

    I wouldn't know about what others say because I don't listen to anybody. (I consider this a major accomplishment :D) My own observations lead me to think fundumentals are the predominant force over months to years while at shorter frames price movement is the resultant of a continous process...
  20. ras72

    What degree/master/phd would be the best for a trader?

    A master in screwing people with a thesis on Alan Parson's Eye in The Sky and a Phd from the school of hard knocks. ras72
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