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Yep, so few of us can be the Butcher or Turkey Farm. :D wrbtrader

You're welcome to your beliefs and good luck (pun intended) with your trading. Being lucky is not a bad thing. You gotta embrace it when it shows up. :sneaky: wrbtrader

Strongly agree...you cannot predict when such risk emerges. Yet, you can know when trading conditions are not favorable for your trade strategy. Thus, you now have a choice to either step aside and bank your profits or continue trading...increasing the risk of ruin. wrbtrader

I think you should stick to reality about why so few traders are profitable. They bank their profits prior to risk of ruin occurs. wrbtrader

I'm an educated guy but it must be too late in the night for me because that statement went over my head. Sorry, I don't get it. He's been trading for 30 years but not using this strategy in this thread for 30 years. Thus, I can not make any judgments about a strategy being used long term...

I too feel the same about you via trying to make an analogy of what happens to a Turkey to the financial markets as if its your way only and others viewing the same Turkey via reality is not allowed. Take care. wrbtrader

In my culture that's exactly what we do with our meat...we look at the age, weight and time of year of the animal. Further, I would never apply traditional eating habits of my culture with the markets...hopefully you'll understand how I process info. wrbtrader

I would rather be the butcher or a person that loves to eat Turkey and use the stats like yours to determine when is the ideal time / age / weight of the Turkey to have juicy meat with fry bread as a meal. :D wrbtrader

Define lucky as a factor in ANY trades ? I got a bigger profit than expected I exited the trade earlier for a small loss instead of letting it hit my stop protection for a bigger loss The technical analysis said Long and I accidentally went Short...market then dropped or vice versa to give...

Trump has a secret gig on the side and an offshore account to pocket those ill gotten gains on the market drops. Surely, Michael Cohen (former attorney now felon) can't be the only one that was in his pocket. :D wrbtrader

This is an impossible debate to prove or disapprove. A trader with audited statements for many years (long term like > 10 years) is not going to waste time trying to prove that their profits are via technical analysis regardless if he/she used only 5% TA or 90% TA. Anything less than the above...

I don't agree with how you view trading but I actually do agree with this statement. If someone truly doesn't like you, they can put you on ignore. Those that don't, they are making it a choice to waste their time reading / responding to your messages. Good luck with the purpose of this new...

You should ask the moderators to close this trade journal while you concentrate on your debates with another member in your new trade journal location. Later, after that's finish with your new trade journal, you can ask the moderators to re-open this trade journal to continue education newbies...

I saw your other thread (new thread)...you will not achieve your goal to verify profits without stats. Simply, just posting live trades without and summary results of the live trades while your redacting (hiding) the profit/loss info in the screenshots will not accomplish anything. Seriously...

I suspect the OP was not asked by his/her accountant to reveal the strategies that produced the results (bad or good) on his documentation for his tax filing. Simply, its something he assumed in error and decided to post his questions here to make sure he doesn't have it wrong prior to seeing...

Amahrix, Do you trade or you an investor ? wrbtrader

Did your tax accountant ask you for access to your trade strategies or did someone give you information that your tax accountant will ask you for access to your trade strategies ? wrbtrader

I've met other readers of Taleb's Fooled by Randomness that also have read Pinker and they were not ex traders. Further, we can not make any assumptions about his day trading ability considering he's never discussed any trades nor abilities (failures) about his trading at this forum. Remember...

Yes, I did see the World of Warcraft user name ( a post showed 7 years ago). Also, if you say you have no connection to Taleb...I believe you although its not an issue if you did. Yes, I did look deep into things when I saw you use the same words as Taleb used when he was attacking someone...

Yes but how can you do that if you do not keep stats ? The words "positive expectancy" implies you have some numbers written down, spreadsheet, professional trade journal, excel or something beyond keeping the info in your head and beyond screenshots with profit/loss, fees numbers and position...