Search results

JackFrost: I manage a family trust whose value is quite a bit larger than you speak about. I don't see much to work with from the preceding comments, so I'll offer the following: 1. As you become responsible for larger amounts of cash, it is important to DIVERSIFY. You will need to learn about...

I hardly know where to begin. Jack, I cannot make any sense out of your comments. One gets the impression that at some point in your life you might have been a person of considerable intellect. Unfortunately your ability to communicate with your fellow man seems to be impaired. If I am wrong in...

Hey BDixon: Haven't heard some of those before. Not bad. Lightens up what was becoming a kind of downer thread.

Jack: I always look forward to your lucid and penetrating insights. I don't remember a time when I haven't learned valuable lessons reading your comments. Please continue.

Yes, the main point I want to make is in regard to testing.

DBPhoenix: Regarding the "untested mythology" that I refer to, here is one example. In January's edition of Stocks & Commodities, Dr. Trongone tested the idea of holding QQQ trades overnight. In his article, the author points out that according to traditional wisdom, rising prices on expanding...

Actually, I don't give a damn about account statements. In my opinion, whatever you make trading is your business. But if you want to prove something about the value of Gann's work, here is a challenge: 1. Go to any reputable academic source, determine what the minimum threshold is for a...

You exhibit the literal mind of a child. One, two, three, or twelve, it doesn't matter. As you should know (but apparently you have decided to ignore), you need to have a statistically significant sample to have your "claim" mean anything. Also you need to have a method that can be replicated by...

Well what an interesting comment. So you think that predicting one instance of price movement is significant? After all the sophisticated crap you post relating to probability you have the guts to ask that question? This isn't my first day on the planet. Go back to elementary statistics and do...

CKnucks: Before communicating with anyone on this site, I suggest you use the "search" feature at the top right hand side of the home page. I suggest you read some of the threads of any person who wants to communicate with you. This will save you quite a lot of time. In my experience, there are...

While it is possible that you have some exclusive knowledge that relates to the work Gann did, it is more likely that you have nothing of real value in your possession. As for the suggestion that there are no other similar equations, that is probably nonsense as well. all arithmetic expressions...

Mind: Good for you. What you have noticed is that people who comment on threads do not often do any research themselves. So what you are hearing is mythology. If fact, one useful item to keep track of (Intraday data only) is the number of contracts that go off at the bid vs at the offer. This...

If you search the site for comments regarding "Stocks & Commodities Magazine" one of the interesting things you find out is that the "reviews" of products are not at all unbiased. In fact most of the reviews are favorable, even when the product turns out to be a real dog. Use the "search"...

One: At the Wilmott site there is a technical forum where you can surf for threads that deal with position size. Also I have read articles by contributors to the site's Magazine dealing with that subject. Unfortunately I don't have all the references at hand. I hope this is a productive lead...

Grob: I have noticed the effect of emotions as well, and I experience this effect as substantial. For instance, I notice that when I am wrong initially, I am tempted not to re-enter the market after my position is stopped out. For those that may be experiencing the same problem, let me say that...

Really appreciate the advice. Thanks

Gentlemen: First, "everybody" dosen't follow good money management rules. In fact, this is what separates profitable traders from retail traders (money management). I have already done my homework. To do your own, just use a Monte Carlo engine to work out a series of trades where you double up...

Hello Peter: I was glad to see you post those trades. Hope you will continue to get comfortable with using leverage (wisely), pressing when you have the edge, scaling back when you are unsure. Looks to me like you are really on your way. Good for you. Steve46

that isn't "where these streaks come from". Nobody knows where these streaks come from. One problem may be that your edge is gone. How do you know? Well you won't know till its too late unless you scale back for each loser, AND if necessary (if you continue to have losers) you should stop...

I have to admit I haven't read all the posts. Don't have to. This is simple for anybody with a math/stat background. Look up martingale and anti-martingale strategies and read the data. If you want to stay in the game, scale back when you are losing, and scale up when you are winning. Theres no...