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  1. Scataphagos

    do you trade better after a good lay?

    Oops! I read the thread title as "after a good DAY". I don't know about the "lay" thing... never kept score. Besides how bad can a lay be??:)
  2. Scataphagos

    do you trade better after a good lay?

    1. Each trade stands independent of all that came before or that come after. 2. If you had a good day yesterday, it's likely that your play(s) were "in tune" with the market's current bias. 3. It's likely yesterday's market bias will continue to trade in the same direction... so if you also...
  3. Scataphagos

    What does hyperinflation look like in modern times?

    The entire notion of "getting off the gold standard for money"... was partially based upon the notion we should "trust the government to do the right thing".... Well that was a HUGE F*N JOKE. It merely opened the door to fiscal/monetary abuse and greed. We're all the losers for having trusted...
  4. Scataphagos

    What does hyperinflation look like in modern times?

    meant "reset" currency, of course.
  5. Scataphagos

    What does hyperinflation look like in modern times?

    Prolonged high inflation is like a cancer... one that kills almost everybody... just takes a little longer than hyper-inflation. It's to be avoided at all costs. (It's NOT OK if inflation is "only" 4-10%/yr!)
  6. Scataphagos

    What does hyperinflation look like in modern times?

    Who benefits? No F/n-body benefits.... at least not financially*. Asset price will soar in nominal terms, but when adjusted for currency devaluation... EVERYBODY LOSES. Those with "lots" lose a lot also but end up with more because they started with more. RE: Weimar Germany... Zimbabwe...
  7. Scataphagos

    If most ppl lose when they try to win $$, what happens when they "try" to lose $?

    Good grief! If you are going to succeed in trading the markets, you need to know (1) when/where to make a play and (2) WHY that play should work (because it's probably correct this time as it has historically been correct a significant percentage of the time in the past). If you can't "get to...
  8. Scataphagos

    When the market is done falling

    When the "spam hits the fan", good idea to be buying from the group(s) that "sold down the latest and the least"... and/or those that got trashed the most. I'm thinking those might be marijuana stocks. (Speaking of buying "stocks that got trashed"... Citibank traded at a low of $.95/sh in '09...
  9. Scataphagos

    unregulated broker

    Right! No broker in the US is non-regulated. Anyone/business that tries to circumvent regulation likely has "something up his sleeve besides his arm"... that he doesn't want the authorities to know about. Doing business with such a person/business carries much more than "markets risk".
  10. Scataphagos

    What is 'Window Dressing' in trading, how does it operate?

    Yes... "putting lipstick on the pig" to make things "look" better than perhaps they really are.
  11. Scataphagos

    How low can NG go before producers can not make profit?

    This is good info. Notice how NG bottoms ~$2, then rallies to ~$6 or even ~$10. NG is one of the great commodity seasonal plays, but if you try to "nail it", odds are it will race away from you. Better to be accumulating somewhere around here... and even add if it dips further. NG isn't...
  12. Scataphagos

    How low can NG go before producers can not make profit?

    NG is seasonal.... makes a low early in year as demand from winter has waned. Starts to head higher in anticipation of higher demand/gas costs for next winter's heating needs. Low for the cycle is often Jan-April.
  13. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    The concept of "audit" requires verification... plus the legal exposure/liability to the one who "verifies". Nobody is going to do that for free.
  14. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    All kinds of ways to "lie and cheat" performance. Require audited if you care about not being suckered.
  15. Scataphagos

    Is this over-fitting

    You should be focused upon "what's working". If something is not, eliminate it. You need a certain amount of diversification to protect against "single issue adverse event risk", but that's all. You don't need "diversification across all sprectrums". "Relative Strength" and "sector rotation"...
  16. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    I get your sarcasm... but you REALLY are "full of shit" here. The market's "behavioral regularities" (as revealed in the charts) are so powerful, it's virtually impossible to lose if you can trade well... that is, take the trades you're supposed to take and exercise stops. Do that and you...
  17. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    HOGWASH! "Premium access" is a thing.... but EVERYBODY has access to "Price TA". It's in the charts for everyone to see. If you can trade well, you'll make a bundle... with virtually zero risk.
  18. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    What a load of bilge! Everything you said is STUPID! Investors want to know, "are you any good and are you honest so that they can trust you with their money"? 3-years of track record is only the initial "proving ground".
  19. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    Yes, must disclose risks. But if you "hold yourself out to the public" as managing their money for a fee, you must "document performance" if you advertise performance.... that means "audited". If you "advertise anything/performance, you must disclose EVERYTHING". That's why you don't see...
  20. Scataphagos

    The Most Legitimate Way Of Showing Ones Perfomance ?

    In the US we have CPAs do the audit. You have to produce records of your trades from broker statements. The auditor verifies everything and then "signs off" on it. Every company/individual who trades money for the public is required to have an annual audit*. Not cheap. *Also subject to...
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