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I agree.. but this also means that nobody should listen to what you say! :D And yet, we are all here for a reason. Some want to help, but maybe they aren't qualified. Some want to pretend they are hot shit, when in fact they don't have a clue. Others may actually have this game figured out...

Its just a shame that we don't know where the PnL lies for those traders who influence these boards to go through the different cycles. It could just be that the most profitable traders here are using techniques least discussed. This would mean that the people who talk the most are the least...

Link? Proof? All I see in the archives is she gave away info/ideas/suggestions for free.

I certainly don't want to be critiquing another trader who I know nothing about, nor his method, but I do think this is accurate. If a given month can be up 100k or down 100k, then this could just as easily be up or down 500k or even 1mil. Very quickly looking over the trades for last month...

Looking to get to the bottom of this PDT rule for Canadians.... I get to this link: https://www.interactivebrokers.ca/en/?f=%2Fen%2Fgeneral%2Feducation%2Ffaqs%2FcanadaFAQs.php%3Fib_entity%3Dca Two different FAQ questions, one right after the other seem to totally contradict. So who knows...

I would also like to add that what I think needs to done, or the only way for things to change, is for everyone to take advantage of every loophole. It's that adage, "if you can't beat them, join them." Since loopholes aren't illegal, once enough people use them, and the system is drained dry...

Once again, I don't disagree, but if every single corporation designated another country as their tax base, the rules would very quickly have to change since revenue collected would drop drastically. There is much to be said about sustainability. Yes, its always best to be on the forefront of...

Once again, I do agree with you, but there is this feeling of uneasiness that the rules are set up in such a way that if you're big enough or rich, everything works in your favor. (ie. taxes on income earned from work versus from investments) Even worse, when you're big and rich and you do...

I don't disagree with you, but it does seem like they go after the low hanging fruit first, which is regular guys. If the biggest corporations can change their head office locations and therefore get taxed much less on their profits, and have the law on their side, then it doesn't seem fair...

Opps.. didn't even read the link and took a while guess based on the fact that I'd bet over 80% of money managers are men. Call it a losing trade within an otherwise high win rate. (ie. I would bet its a man each time) :D

LOL... Agreed. He clearly wasn't afraid to take trades, nor, am I guessing, did he let the outcome of a previous trader affect his ability to take the next trade. Both of these are important qualities to a proper trading mindset, but clearly not enough by themselves. :)

The secret is to inflate in little bits, steal from the people in small chunks that they don't notice it too much. The trouble is when it happens too quickly, or doesn't happen at all, as we see now with people/companies hording it and not spending it. Funnily enough, the inflation is there...

Quite the interesting data point you are! :) Absolutely. But this is also why I almost encourage people to trade live after they "think" they have a clue. Its only when trading live that you see what your problems really are. There is no point in continuing to SIM trade a certain way that...

Of course I agree with all this, but I still think there is something different about learning a lesson when trading live versus when trading SIM. Most, if not all, of the traders here who appear to be doing well now do say they had years of losing, so I don't think anyone has ever gone down...

This is true. I cannot imagine a person doing poorly in SIM and then doing better live, but we of course know how many traders do well in SIM and not nearly as good when going live.

A lot of things happen when money is on the line. Suppose that your testing tells you that you have a 60% change of hitting a profit of 4 points versus a loss of 2 points. Pretty good odds, right? And suppose that you've simmed this for quite some time. But suppose that when you start...

At the same time, I do also believe that trading has to only be as difficult as you make it. Suppose you find some combination of parameters that produces a successful outcome 60% of the time for a slightly bigger win than a loss... the so called edge. And now suppose that you're either...

I think many people learn by doing. Sure you can SIM for a year or how ever long necessary as others have suggested, but when money is on the line, everything changes. I think most people lose in this industry partly because they run out of time/money to get it right. The best quote that I...

I don't disagree with you, but at the same time, if you were sure of this, you could simply sell everything now and buy it back for half the price. So although we all know/think that there are asset bubbles everywhere, I'm not sure how many are actually doing something about it. No matter what...

I think that after clicking on his profile and seeing he started 7 different questions today all at once, I have to assume that he is in Florida. ;) nudge nudge... hint hint... wink wink