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Specialist Trading utilizing technical and quantative analysis. If you were successful i doubt it was by guessing whether the next bar was up or down :P

Credit Card Debt. Use cash advance to pay the monthly payments on your credit card. If your system is as good as you say then the debt should be paid off in a yr or 2 assuming 40-50% compounded returns per yr

Yup. u can make 5% per annum. put it into bonds.

i dont buy into this whole crash stuff. But i am loaded long in Oil and Short in SP. Its almost an arbitrage scenario, oil goes up and itll break the back of the US economy. US Economy goes UP then oil will rise as well as US is the largest consumer of oil in the world.

i use traderXL for my analysis of markets. I use my broker's WebIress software to carry out trades. Hence the use of excel spreadsheets to display equity curves. For backtesting i call my friend up who manages his own fund (ahh my old apprentice) and get his guys to backtest for me, takes...

no i figured out how u could actually make that system quite efficient and take out about 70-80% of the whipsaws, i think theoretically it could become a decent edge if traded with a good position sizing system. Buy = 12 Day MA + 50%(14 day ATR) Sell = 12 Day MA - 50%(14 day ATR) You...

NEVER EVER trade with money u cant afford to lose especially when starting out. After a few yrs its ok but when starting out NEVER EVER trade with money u cant afford to lose. If u can afford to lose it u can afford to be emotionally detached from it

yeah its true. was an extremely bright guy PH.D in stathistics but could never control his emotions. I taught him emotional control thru a series of structured lessons at the local casino and on the trading screen. Needless to say once he learned how to control himself, his statistics background...

dammit i know beta. the point i am making is that if a market moves outside of its intermediate term correlation which for ur sake i will call beta. i.e 6-12mth beta, this would it be profitable to trade on the assumption that the intermediate term beta relationship will hold? Say for example...

My apprentice became my mentor. I am the apprentice now. Am i jealous? only when im on the wrong side of the contract :( but mostly proud. i maintain a "consultant" role for his fund of which i am paid a nominal salary of 40k for complete laziness :p

i dont really think people get a choice in becoming a day trader or position trader, i think most people are forced into it because of the inital capital requirements Daytrade: small ddown, small gains, large comm. Overall the impact on equity is not that great so a small inital capital...

If ur interested this is the equity log of my first account (this was index cfd's on $1 per tick) if you wonder what the big drop in the middle was due to, i fully believed that the market would rally strongly over teh next few days. I overleveraged massively and went everything went...

hahaha yeah i was once. and seth my first account did look like that, except much worse. Only difference is I did it twice.This guy apparently did it 15 different times

One of my friends works in a rehab centre for problem gambers. The following is an equity curve that he obtained from an trader whos family booked him into the rehab centre for help. I have no idea whether it is legit or not but i was sent it by him so i suppose it is. For all u ppl who think...

i am going to make a new religion lets call it: GOD (version 4.0 beta) the Holiest site is: CME SP500 Trading Pit The Main creed is: Capitalism And yes every serious futures trader must make the holy trip to the SP500 Trading Pit. every serious share trader must make sacred trip...

Monaco, man u pick most beautiful spot on earth. Beautiful building, beautiful woman, beautiful car, beatiful boat, beautiful sea and if your a beautiful trader u can have all this beautifullness in the palm of your beautiful hand :P

50-50 split Then an Extra 10% to you for each profit factor above 2 on your system Extra 10% to you for every 10% above 50% win percentage extra 10% for every 10% less than 30% max drawdown. Therefore IF you have a system which has profit factor of 4 has a 70% win factor and has 20%...

lol neiderhoffer sparks most people's interest because hes one of the few contrarian hedge funds left. Trend followers dominate the HF industry, then big arbitrage firms (arb firms tend to each other up as they race to gobble each arb opportunity up) Finally there are contrarians and VN is one...

hmmmmmmm now i have a question. If your method of predicting the market works so well, why dont the 100+ super-uber intelligent quants with PH'ds in astrophysics, statistics, mathematics and physics who work in Renaissance Technologies still use a trading strategy called arbitrage? Wouldnt...

Neiderhoffer's trading system has always fascinated me. I have an idea to replicate it however i want to know whether technically it is feasible and if so whether there are any of u that are super-duper coders that can figure out how to code it. Take 3 to 4 highly coreelated markets, A,B,C,D...