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    Its time to think about shorting

    vix is so damn low and despite and the world is long overdue for a recession. I dont think we've mastered the art of continual growth yet. it will happen, but i got burnt last time going short. ill follow it till it it ends. although for some of my longer position trades i am buying quite...
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    so you wanna be rich?

    very inefficient, if you consider the return on capital and risk of ruin+max ddown. doubling up is a very painful exercise if it goes against u :(
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    trading systems that work

    abberation and aztec generate very few trades every year, and i only ran both systems for 1.5yrs. During the time period that i ran them it only generated 15 or so round trips so yes it was an insufficient sample. Trade costs were essentially negligible for the period, 15 round trips is not alot...
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    trading systems that work

    im speaking about buying say a single gold or oil contract at time X1 rolling it over at all the appropriate periods and then closing it out at time X2 Vs trading aztec or aberration over the same period of time X1 to X2. The 2 systems do yield returns significantly above the buy and hold...
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    so you wanna be rich?

    ive tried it, only works on new dealers, those that are obviously starting out as they seem to show quite a strong bias. however with more experienced dealers the dealers seem to be able to randomise their spins more.
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    so you wanna be rich?

    ok college/uni guys, failed traders, poor people in general here is a simple way to make a little money at your local roulette table and its an edge which i have no problems in disclosing because itll never ever dissapear. The system involves playing roulette. ah yes so you say that the game...
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    How often do you use leverage?

    for me trading futures. margin/cash ratio should never ever go above 30% NEVER.
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    Bromides that are pure BS

    the very fact that u trade means that u have an opinion.
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    Intelligent Design is not creationism

    i can already tell ur a crap trader
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    trading systems that work

    im starting this thread to see who has tried or brought commercial systems and traded them and found that they work/ do not work. i have brought 2 systems in my life Aberration and Aztec, both have been quite profitable yielding returns significantly above a buy and hold strategy and on par...
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    Althucher guesses: trend funds to disappear within the next 10 years...

    trend following is based on psychology. the psychology of the market has never changed and i doubt it ever will. contrast Dutch Tulip Bubble to wall street crash 87 or south sea bubble to Nasdaq and ull understand that the basic tenants of human psychology in the markets have not changed for...
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    How much drawdown for this return?

    dunn, jwh, eckhardt and richard dennis have all have had 40%+ddowns. lol Neiderhoffer and armanth have had 100% ddowns.
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    Definitions of peak oil

    peak oil: the top of the normal distribution that defines world oil production. if that begins to slope downward then we've reached peak oil. IMO were nowhere near peak oil. THeres still the tar sands of canada
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    Freemarkets the majority always lose?

    the majority is ALWAYS RIGHT during long bull market majority is long during crash majority are short THE MAJORITY IS THE MARKET! hence by that definition the majority cannot lose money because otherwise we'd be trading at an index value of 0
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    Percentage of Successful Trader

    60-70% success rate if youve already got the psychological makeup to gamble succesfully. ull need to find an edge obviously. thats a big difficult but after about a yr studying the markets i think 60-70% of people will at least find one decent edge. once uve found the edge then ull...
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    Any traders in Perth?

    ROFL!!!! melbournians are all right, except for their terrible, terrible driving abilities. ive been to perth, shanghai, beijing, new york, chicago, gold coast, melbourne and sydney melbourne tops the list for having the most aggro and crap drivers in any city
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    Happy Birthday Marines!!

    damn great movie. clint eastwoods getting better with every movie he makes.
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    "Low maintenance" position trading

    i use esignal for live data. i buy historical data off a small vendor in australia
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    How much drawdown for this return?

    20% per annum means ur basically only beating long term SP by about 1.5-2 standard deviations maximum. id be prepared to accept anything with drawdown no more than 1.5times the max drawdown of the SP500 assuming a buy/hold strategy over the period your backtesting. otherwise ur better off...
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    What salary would it take for you to quit this?

    i have to get a job. otherwise id just sit at home all day and find ways to screw up my perfectly profitable position trading system by doing intraday stupidities
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