Search results

trends lookes great in hindsight....also the painful drawdowns if you fool enough to insist on riding them all the way hurt the soul and limited returns in the long run.... tell me....making 30% annual returns is great? might as well go to simpler market like stocks...in futures...OF COURSE...

pay a bully to sit beside you..if you try to deviate from your (i assume) profitable trading plan..each time..he has to beat you up and you have to pay him a bonus each time make 2 big cards one titled MAKE MONEY HERE list all your rules in your trading plan the second card titled...

well...if you use that kind of mentality on trading on some dot bombs.......or enron,worldcom.....end of the story.....

what wdscott is talking about is scale trading...lots of info and cheap books of this approach its more of look for being near historic lows prices and then averaging down your position the minus is that it require large capital,capacity to take in pain for relatively low returns to...

on the final run up of the dot com boom...any person,any system any method who goes long makes money.... is it brilliance? skill? heck..these guys just buy...whether in the lows or breakout or whatever...and that since is was a bull market...they eventualy go up...whatever bs/crap methods...

the flukes that makes people in the game look easy and easy money is the new players who got in in a trending market like the last 8 months...so funny these guys really beleive they are good at what they are doing...some even think they are bullet proof...when in fact it is just a good market...

Holy grail? are people WILLING to SPENT hundreds/thousands of hours looking for them? inclusive of pain of losses as part of it? that it will you one at least 3-5 years? how many give up well before that?! and got fellow losers to convince them that NO ONE can WIN at this game?!

what is funny is that...in a game that reward is so rich....people expect also the effort to be easy at the same time.... but its the law of nature...the best prizes is given to the winners of the most difficult sports.... lotto/lucky minded/lazy people need not apply...

Quote from marketdancer: illiquid - lol....each market participant like those institutional traders just "implement" their edge on the market..each participant do it in his own way...morality,ethics,right or wrong aside in another topic....they are simply employing their "edge" ...

illiquid - lol....each market participant like those institutional traders just "implement" their edge on the market..each participant do it in his own way...morality,ethics,right or wrong aside in another topic....they are simply employing their "edge" ..... :)

tradwinds - yes..thats my point all along...the opinion of the winners is what counts than the rest of us.... imagine...assuming the bunch of us here are market losers...that we have just agreed the market these days are just simply AWFUL!!!! that we are not making money because of this or...

electricsavant - lol....the spouse sure is a major supporting part of our endeavor... in my world...what i tell her is that i spent the past years developing the world's greatest race car (trading system)...now i happen to be also the assigned driver..so these days....am developing my...

i always wonder why people do not eventually into trading with systems...must be the ego not willing to give up their very clever market original dynamic analysis/opinion in fact....if you look around..look at walmart....macdonald..these are all business systems.....they have in house...

ok....this is my conclusion...for market losers..they think this is all gambling....for winners..it aint.....

first we have to define what is the meaning of a trader here at ET....so that make sure the participants are discussing about the same boat..... example for me..positioning IS NOT trading...overnites or more.... in discussions there are many conflicts because some of us are apples others...

eelctricsavant - each of us is in our very own private journey and that is the part we care to/can share privately....i prefer not to be contaminated anymore from the outside....lol only makes performance deteriorate....following signals is definitely better than any of my own market...

maybe there should be a thread on how to have your very own holy grail.... here it is folks.. 1. just find something that blows you away,that has an edge 2. and try to implement it competently and....repeat 3. see number 2. ad infinitum.......

electricsavant - yes...so simple am paranoid aboutit..that if what i learnt becomes public it might fail to work anymore or deteriorate in performance.....now i beginng to understand why the wizards never truly disclose what they really do....this idiot is clinging hard to his small potted...

nitinpamar - er...you think the market wizards think they are gambling in what they do? to the degree to the rest of the trading public in comparison? :)

elctricsavant - Thanks, will visit it from time to time...i do keep one myself..they are quite useful for self feedback into developing one's skills... conscious and subconscious ones.....