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  1. L

    How to prevent brokers from knowing your strategy?

    Look, the question was about "brokers" not "James Simons" or "big funds". You keep using these outlandish examples of what could possibly, maybe, happen rather than stick to what actually is seen happening in the market every day, which is thousands of traders using thousands of strategies...
  2. L

    How to prevent brokers from knowing your strategy?

    And when was the last time everyone in a specific field of human action decided to follow the same strategy? Never. Even if James Simons were to publish his secrets, other traders would take the basic ideas in a bunch of different directions, some good, some bad, and the market would still...
  3. L

    Nobel Prize-Winning Economist Joseph Stiglitz says:

    True enough, but some things are matters of degree. Since the Dems have gone full-blown collectivist over the years, that makes the Republicans the lesser of two evils. Plus, the Republicans don't make as many promises as the Dems and, if there's one thing I can't stand, it's some slimy...
  4. L

    How to prevent brokers from knowing your strategy?

    So an individual employee will risk losing the job to reverse engineer your strategy? How many of these cases have there been? And, to go back to my first point, unless my strategy involves chasing a single tick, I don't see how it hurts me for others to be trading in my direction. For any...
  5. L

    How to prevent brokers from knowing your strategy?

    That's apples and oranges. I think what people who worry about this fundamentally miss is that brokers don't want the risk of trading. Even if I am trading alongside James Simon, as a broker I still run the risk of losing on that trade, whereas if all I do is collect the commission, I'm going...
  6. L

    How to prevent brokers from knowing your strategy?

    That's like saying, "Let's talk about tactics for hunting unicorns, not whether they exist or not". Hey, if you want to spend time on non-issues, no one will stop you. It won't end up getting you anywhere, but no one will stop you from not getting anywhere.
  7. L

    How to prevent brokers from knowing your strategy?

    And if you use stop limit orders to force you in or out of the market, that doesn't matter. Put it this way, how is the broker's transaction any different from other traders who don't know your strategy but who just so happen to buy or sell in front of you? And, if you are going to say...
  8. L

    How to prevent brokers from knowing your strategy?

    Why would it matter? Presumably you are hoping that the market goes in your direction after you buy or sell short, so how would having your broker on the same side of the trade hurt you? If they also bought, that would remove supply from the market and if they sold, vice versa. It's a non-issue...
  9. L

    Technical Analysis = CRAP

    Yeah, I can see how actual records of time and sales would be deceptive. Are you kidding? Price movements are the actual buys and sells of those "insiders", who drive the vast majority of volume on the exchanges. Unless you are saying that they don't pay attention to their own buying and...
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    Nobel Prize-Winning Economist Joseph Stiglitz says:

    Tax cuts "create or save" tax revenues. Without those tax cuts, revenues would have been lower. Hey, if that logic is good for the goose, it's good for the gander. And, if you are as intelligent as you clearly like to think you are, you will realize that your "the world would be better off...
  11. L

    IWM setup 5/7/11

    Multiple aliases? That's some great investigating you've done there. About on par with your ability to read a chart. As for "making the most of the time" you are here, what is there to make of it? An opinion backed by two amateur hour charts that someone with a week of trading experience...
  12. L

    The ACD Method

    Let me ask you if you think this stat (which I'm grabbing from an Amazon review of the Logical Trader book) is accurate: "Traders taught by Fisher have had a 40 - 50% success rate compared to around 10 - 15% for the average trader using different techniques" The reason I ask is that I'm...
  13. L

    IWM setup 5/7/11

    So pointing out that your actions don't match your words is "trolling"? Can you point to one instance in this thread where you actually engaged in a discussion of the set-up, which you allege was your purpose? No, you can't, because you've brushed off everyone's critiques of your work with...
  14. L

    IWM setup 5/7/11

    Funny that to try and prove you have a clue that you, a self-professed "short-term trader", would post a decade-long chart with ill-drawn trendlines. Yeah, nothing screams out "savvy trader" than posting a chart that's on a timescale thousands of times bigger than the one you claim to trade on.
  15. L

    IWM setup 5/7/11

    So, again, you don't want to discuss jack squat, you just want to tell everyone what you think, valid criticism be damned. So why the whole, "Geez, guys, I just want to post a set-up and talk about it" act? Just say, "Hey, here's my half-assed opinion based on a chart that took all of 2...
  16. L

    IWM setup 5/7/11

    You could have stopped right there. Was that response short enough for ya?
  17. L

    IWM setup 5/7/11

    I reacted to your statement by asking what your plan would be under certain scenarios, so you already got the reaction you wanted. What, did you want someone to say "Holy crap, three higher highs and a possible third higher low, it must be ready to make another high! Brilliant analysis!"? Do you...
  18. L

    IWM setup 5/7/11

    In your post just prior, you said "trade long when price is going up and short when it is going down". What could that possibly be other than a truism? In fact, the only other statement you could have made that would be more of a truism would have been to say "the trend is your friend", which...
  19. L

    IWM setup 5/7/11

    If you had done that with the price movement under the first of the lows that make up your second higher low area (the one that undercut the first low of that move down by a couple of ticks around 816), you'd have been whipsawed to a huge loss. Stating general truisms is well and good also...
  20. L

    IWM setup 5/7/11

    So, how do you trade it? Go long now with a stop under the second higher low? The first? If you got in now and the market moved up , would you trail your stop as it approached a new high, in case it failed to make one? If it did make a new high, would you sell it immediately or wait to see just...
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