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Thanks for this suggestion! When I asked for Cis's Twitter feed I had not known or even considered that his Tweets would be in Japanese (lol at myself). Glad I started this thread because I scratched off one idea and was offered a better one. Thank you for the suggestion and the link. Edit...

You guys are a tough audience. No need to be so nit picking... what's a little leverage among friends? Loosen up and give the man 200 to 1. (On second thought)

I was not looking for specific trades, although seeing and thinking about his trades would be an unexpected plus for me. But I have found that it is a good idea- at least initially- to take a peek at what winners have to say / write. Sometimes a simple idea, a new way to look at things, good...

Thanks you. As a side note, i notice you are familiar with Cis's part of the world!

I have no idea of the value of Tweets from Cis. However, I do hope you are not discounting the overall value of learning from Twitter. Some of the finest minds in many areas of life share their ideas on Twitter as well as read Tweets from others on a regular basis. Part of the reason for this...

Much thanks! So close but yet so far; the Tweets are in Japanese.

Does anyone have a link to the Twitter account of Cis, the legendary Japanese day trader?

I am about to give you extremely valuable advice: Apply to Renaissance Technologies And Sesqhanna International Group Renaissance is preferable; for one thing, as an employee, they may allow you to invest in their Medalion fund which is worth a lot. However, I make you a big underdog to be...

Many of the arguments about "positive expectation" in trading are simply an unrealized disagreement over what the term means to them. 1. Positive Expectation has a precise statistical meaning and I prefer not to roll my own, here. Of course the people saying you must have an edge on your bets...

Positive expe Some do manage risk in a naturally conservative way without defining in their mind the difference between their expectation on a bet and their bet/position size. It is possible, but... With many pros: edge, variance and risk management are often thought of separately and weaved...

It has been my experience that it is usually best to get as close to the truth of a subject as possible in important areas. Even with retail momentum, it is good to understand "let your profits run" a situational idea as compared to "manage your risk with prudent position sizing". There are...

Risk control (aka money management, position sizing, etc) is important. Having an edge on your bets/trades is important. Letting winners run is not always important and sometimes is flat out wrong; examples: scalping and arbitrage. The areas of trading where "let your winners run" is a goal...

Excellent proverb I am sure both Ali and would agree.

Often people would rather be right than alive. Rats and mice like cheese more than being right. Move the cheese and the rats and mice move.

Why do you want to study all of those things?

Does anyone monitor the Tiki? How is this helpful.

Very funny post. Good job. Not sure what you are getting at will prove correct but funny post. Who doesn't love the Beatles?

WARNING: The fellow in my story who made millions scalping years ago no longer scalps because his edge went away. Things change. Sometimes the only winning move is not to play. Or as Charlie Munger says: "Tell me where I am going to die so I will not go there."

Yes. In real life, traders and gamblers have to have an edge and do volume; lots and lots of trades and bets. If you daytrade and earn a penny a share profit, how much volume must you do? How about earning two pennies a share? Just how big an edge do people think can have manually...

Umm... the order flow for the NYSE specialist (?)