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  1. R

    What's your market metaphor?

    The metaphor I trade is the common 'war' theme. But instead of large armies, it is the experience of a 'sniper' who is fighting against a well trained army in their territory. The sniper/trader is waiting for the perfect 'shot' and then quickly escaping to look for another target to take...
  2. R

    Can a System be reverse engineered just from viewing daily trades/account statements?

    There is no problem with this as long as you keep track of your positions and make sure they square at the end of the day, week, or month. It would be a pain in the butt to do day after day. (If you miss closing out a leg you can easily screw yourself with this clever approach.) Hiding...
  3. R

    Tradestation vs. IB

    I use both TradeStation and IB. TradeStation for charting and the ability to program/use EasyLanguage indicators. IB for trade entry. Once I place a trade I am usually watching IB for quotes because in a fast market Tradestation will slow a lot behind the market. IB seems to stay close to...
  4. R

    Uppers

    I am in California and have the same problem.... Looking at building a custom 'stand-up' computer desk right next to my 3 monitor trading desk. I found a good design here: http://www.charm.net/~jriley/standup.html ramora
  5. R

    If 80% lose why you think you can make it?

    Anything worth doing has a failure rate around 95% or higher. Want to start a business that is really successful? Probably much closer to 99% failure rate. Want to write a great novel? diddo. Want to write a bad novel? Become a military/commercial pilot? Probably less than 3 or 4%...
  6. R

    You won't win

    They played LV and Atlantic City as a team. A very good book written as this team executed their plan is "Bringing down the house..." I liked the book a lot because of the creative way the students went about achieving their high risk goals. A good read...
  7. R

    Discipline - ideas to improve it

    I also record notes during the day. I use a Palm Pilot Tungsten. I can pick it up quickly and push a record button on its side to make a voice memo. At the end of the day I can sync with my desktop and move all voice memos from the Pilot to my Windows desktop where I can review what happend...
  8. R

    Best Place to trade in the world - Quality of Life

    To have a such well developed condescending attitude toward the US he must be from 'old europe'. :cool:
  9. R

    Best Place to trade in the world - Quality of Life

    Great thread... Does anyone have any experience trading from Costa Rica or Panama? Thank you, ramora
  10. R

    You won't win

    In both cases, trading and blackjack, the emotional toil of losing can result in the trader or blackjack trader 'giving up' even when they have a winning system. Taleb in 'Fooled by Randomness' has a good chapter on this observation. "...people who look too closely at randomness burn out...
  11. R

    Eyes on Fire

    The next 'ergo' purchase for me will be a 'multi-level' table that I saw at the BackStore a few months ago. The very heavy table is strong enough for several heavy monitors but can move easily up and down on strong springs so that it can be set very low and I can sit (or recline) on the...
  12. R

    Best Programming Language to Learn

    After 3 months of learning to be a guru of any programming language, and then maybe another 2 or 3 months of learning this trading thingie, anyone could develop a trading system in only a few weeks that would generate more money that Grasso made last year.... You are right, I need to change...
  13. R

    Eyes on Fire

    A few years ago at a startup a co-worker used a lava lamp next to the monitor to reduce eyestrain. He said it helped to focus his eyes on something other than the computer screen from time to time throughout the day. I have a lava lamp in the computer room and I think it helps. Just a...
  14. R

    LottoGirl vs The Underwater Edge Boys

    9/08 L 11:15 @ 9575 Stopped out -20 9/09 S 11:50 @ 9557 Target reached +60 9/10 S 10:11 @ 9491 Target reached +60 9/11 L 11:35 @ 9409 Stopped out - 20 9/12 S 14:16 @ 9394 Stopped out -20 These are just my observations. I may have made an honest mistake, so please check. On Thursday...
  15. R

    Neural Nets and Genetic Algorithms?

    Take a look at SNNS at http://www-ra.informatik.uni-tuebingen.de/SNNS/ This project runs on Windows or Linux, has excellent documentation, and has more features than most commercial products. Although it looks like this technology is not 'new' it is well supported and there is really not...
  16. R

    LottoGirl vs The Underwater Edge Boys

    "Fortuna, the personification of fate, chance, or luck, was the daughter of Jupiter and the sister of the Fates. As a representation of the variability of life, Fortuna was sometimes portrayed with a wheel, whose turning reflected the instability of prosperity. In other representations, Fortuna...
  17. R

    Wiped out in a day

    Tom, 1. I wonder if you read any of the paperwork you signed when you opened the account... 2. The President of the United States will speak to the world at 8 p.m. EST Sunday evening. I doubt he has any good news to share with the world on the war against terrorism. By Monday...
  18. R

    Nearly Random Entry vs a High Probability Entry

    The assumption here is that this random entry approach requires a fixed mechanical exit. If the exit is discretionary on the other hand the position in a strong trending market could be closed on the next tic with a small loss + commission. Looking forward to seeing the LottoGirl rules...
  19. R

    Nearly Random Entry vs a High Probability Entry

    DS is not trading stocks. I did not read on this forum that he was using a mechanical system to exit trades. Looking at his journal he displays some, if not a lot of, discretion in his exits. Also DS talks of trading a 'batch' of contracts with each position so he is not trading a single...
  20. R

    Nearly Random Entry vs a High Probability Entry

    How about "LottoBalls" or "LottaBalls"? :D
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