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Exactly my thoughts. Having read Taleb one cannot help but think that the ones surviving in the game til their retirement somehow also mastered the destructive human traits that tend to bring disaster after success. I have a large quote in front of me when I trade that says "WINS MAKE YOU WEAK"...

OK so if there would be a general answer, it is: keep trading if you're a system follower. The more you rely on discretionary decisions, the more vulnerable you become to reduced perception and lack of focus associated with illness. True?

Hellothere, I was wondering how you guys do when youre not fully well, you trade or stay in bed? Experiences, successes? How to manage open trades and if/ or to open new positions. Also, what are the reasonable criteria for "Too ill to trade"? Hospitalized, major headache, broken index...

I do not work at an investment bank and probably never will, but I can still imagine numerous ways to bury the details behind such operations as to make them appear legal, when in fact they might not be. What about brokerage houses with many unspecified internal trading accounts? Hook a few...

MAE means the largest amount by which a position goes against you, and is usually separated into winning trades losing trades So if your winning trades according to backtesting have gone against you by 3 points at the most, before turning profitable, then setting a stop at 3.5 won't stop...

Could be surferman is trying out a small app allowing smoother entries of comments into his journal or ET overall? Since he´s posting updates while trading maybe he wants it to be less time-consuming for it not to interfere with actual trading?

I asked a rep of Vantage-point and he sent me the stats for the "accuracy"-test, didnt say much about how it was done though, I suppose like the guy above that the high numbers coincides with trends lasting a number of days. Hence if today was higher than yesterday, there is a bias towards...

Actually I dont get it in a sauna, you mean you are hot or something? A lot of steam around you? Or that your face is all red and you are transpiring like hell?

What I most remember from the book was when he lamented that the distributors of a stock offering bound to go down, did not use the over- subscription to get short their own stock. Then they would have had "free" buying power to keep it afloat while their buddies unloaded. Those were the days...

Speaking of a tough year and all that, anyone know how the been-arounds are doing? Was thinking of First continental. Man, they were the guys Leeson wanted to be like. Surely there must be firms who recognise the type of market and prosper? http://www.fct.com

Almost everyone seems fascinated with the actions of large players. It's kind of comforting to be on the sell side of a stock if you know Buffet is clearing out his inventory. But how useful is knowing the identity behind volume really? Is selling pressure different from selling pressure...

Or use personal memories (First half of the name of cologne your grandfather used) coupled with numbers, like your weight or something. The difficulty of cracking passwords increases when numbers and various signs are mixed. =BrucE123! Takes a lot longer to crack than just bruce or...

Cal: Thanks for taking the time to enlighten me, as you'd guess I'm more accustomed to spreadsheets than 'proper' database handling. Yes, I really want to be able to run queries and display the results. But with daily log-files of transactions, can it be easily combined into a database or do...

ok icy, so you need motivation to get going with your fantasies? Running out of testosterone perhaps? I suggest you start with item no 7 from the above document: 7. ACCEPT THAT IT WILL NEVER BE EASY:p :p :p

get ridicuously small, but keep trading.

Hi, posted similar question in another thread. I am setting up a server to log ticks for a minor number of instruments. (30) Anyone out there have a solution to share? Are there ready-made packages, database-applications designed just for this? Or do I have to hire a programmer to tie apps...

Hello there. I have back data, but am setting up a server to log ticks and transactions for a finite number of instruments. As you note the files quickly grow on you. Therefore I have a question: what software do you use to handle large log-files? You split them into segments? All spread-sheet...

Hello there. I have back data, but am setting up a server to log ticks and transactions for a finite number of instruments. As you note the files quickly grow on you. Therefore I have a question: what software do you use to handle large log-files? You split them into segments? All spread-sheet...

Funny, but, like scary too. Anyway, here's a motivational piece about fulfiling dreams. Also I think that the initial point about the effect of commissions on the odds of success kind of got lost. The net of your winning trades has to pay for commissions, loosing trades, slippage plus all...

I've got an academic paper from a journal Physica (quants) saying price behaviour just before crashes becomes more and more smooth in a daily horizon but less and less orderly - erratic in hourly and minute data. This kind of "buzzing" under a calm surface preceeded both 87 and some subsequent...