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  1. M

    Question for Grob/Hershey

    Understood. Can someone tell me if he was born in the US or immigrated here? I am simply curious. If no one cares to comment, that's fine.
  2. M

    Question for Grob/Hershey

    French would say "Qui se sent morveux, se mouche" but who cares about the french anyway, ha. Listen, all I tried to say in my previous post, is that simplicity is the hallmark of mastery. Study any field, music, sports, business, whatever you want, and you will find that the very best can...
  3. M

    Question for Grob/Hershey

    Ktmex What if I told you, if you're interested in utilizing/expanding the tool between your ears, then you should study Wizetrade's material... what would you say? You tell me, what's the difference?
  4. M

    Question for Grob/Hershey

    Wise master say, "He who speak like crazy sensei, get no respect, only starving student". Or so I heard... Easyrider, I would beg to differ. If a tutor cannot explain to you the gist of his approach in a few lines, (note that this does not imply that that kind of wisdom can be imparted...
  5. M

    Is there anybody here from France ?

    Name me one French Michaelangelo or Leonardo... Or one French equal to Paganini But of course, for many taste is subjective, blue surely cannot be better than green right?
  6. M

    Is there anybody here from France ?

    You may have not read my prior posts on this thread. Yes, I did ask him :"Excusez moi monsieur, pourriez vous m'indiquer... etc" Make no mistake, anectodal evidence is no evidence at all. But I can tell you that my experience with people and manners in Paris wasn't the best and for that I...
  7. M

    Is there anybody here from France ?

    I was in Paris once, and asked someone for directions, the guy had his back turned to me, and with his back still turned he said "This way"and pointed to both left and right directions with both hands... Admittedly, this wasn't the nicest neighborhood in town, but it sure ticked me off.
  8. M

    Is there anybody here from France ?

    Alexandre Le cynisme tue. That's how I would summarize your astute observations, which seem to confirm what I've heard from some of my friends who left the country. There is this underlying foundation of cynicism in french society that is extremely annoying, off putting and stifling...
  9. M

    INTRADAY TRADING: Small stop chop versus big stop drawdowns

    Agreed. Why not have at least 2 methods to weather the change in intraday behavior, and trade them simultaneously? One with a larger stop and larger profit targets and one with a shorter stop and quicker profit targets? I guess one could say that would be hard to do all at once...
  10. M

    Can completely discretionary traders every succeed?

    Makes a lot of sense to me...
  11. M

    Can completely discretionary traders every succeed?

    Thank you for recognizing that your surroundings may affect your conclusions. I think there is so much more to the market than the very short term, if one digs deep enough. But hey, we're all in this for the money, so who cares if its short term or the TOE (theory of everything), as long as it...
  12. M

    Can completely discretionary traders every succeed?

    I'm afraid we are... :) I probably should not have used the term 'microstructure', because you correctly interpreted it as order flow at the core, but that is definitely not what I had in mind. In my perceptual filter, I most definitely pay attention to the tape, that is size on bid, on...
  13. M

    Can completely discretionary traders every succeed?

    Hi Brett Read your book, appreciate your efforts. You seem to imply that the successful discretionary traders have a strong tape reading component to their 'discretionary' feel, which makes sense, especially if they are very short term traders. Other heuristics, such as crude, sox, bkx, eur...
  14. M

    Ok Ok what edge

    Murray It's interesting how some want the fast route, gimme the edge now mentality. Makes me think of those who start playing guitar for example, and want to be Van Halen after the 2nd guitar lesson after learnings how to hold down an open E chord, lol. Or the jazz player who wants to learn...
  15. M

    Ok Ok what edge

    Lol A personal definition (I don't care if others agree or not) An edge is: A method (discretionary, systematic, hybrid) which allows the trader/speculator/operator to be consistently profitable on a monthly, weekly, and even daily basis, irrespective of the market environment (chop...
  16. M

    Look Ma, no indicators!!

    Maybe what Jack may be saying here is this: You have tunnel vision when you focus on gaining an 'edge'. I happen to agree with Jack here, but am not interested in debating anyone either. Once one gets past the narrow focus of finding a micro 'edge', and tries to really understand how markets...
  17. M

    John Henry--The Next Blow Up ??

    Agreed on the second part, while I honestly have no clue as to how many small traders blindly get into trend following methods without understanding the fundamentals of the strategy (which includes the ever important capitalization issue), I can see how it could be possible for a small trader to...
  18. M

    John Henry--The Next Blow Up ??

    And Jay, As per my previous posts, it is more likely that VN lost 100m+ in the first blow up. Further, he was also caught in the twin tower attacks with unwarranted risky trades on as per his own confessions. Any thoughts on this?
  19. M

    John Henry--The Next Blow Up ??

    Market Luther? LOL You fancy yourself as the Martin Luther of ET? Here to warn the masses of the dangerous doctrine of trend following? Give us a break Jay Gould, you're digging yourself deeper into a hole of ridicule here. Actually, you know what, maybe we should have more Martin Luthers of...
  20. M

    John Henry--The Next Blow Up ??

    By George, it would seem that it is, dawg... But make no mistake, tis only an illusion fooling our feeble minds lol
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