Aaron chat

Quote from marketsurfer:




disagree on the less is more philosophy. one can not have too good data, too fast computers, too many screens, too good of a news feed, et al . i started out charting by hand then graduated to an ancient laptop with fm radio quote feeds, so i have been there. there is no need to handicap ones self any longer with inferior equipment. it's hard for me to believe that gary smith trades on a single laptop--- geez :( !

best,

surfer:)
More...

Why is that hard to believe? Via internet connection, close your books for the day, Run TC2000, do a little research, print out your buys and sells for the next day, call your broker (GBS has his broker handle the orders) to place the trades. Can't be done on a single laptop? Please.

It's not a matter about having the best data feed, fastest computers, etc. It's about is it going to help your trading that much? If not, simplify it.
 
Quote from DisciplinedHedg:



Why is that hard to believe? Via internet connection, close your books for the day, Run TC2000, do a little research, print out your buys and sells for the next day, call your broker (GBS has his broker handle the orders) to place the trades. Can't be done on a single laptop? Please.

It's not a matter about having the best data feed, fastest computers, etc. It's about is it going to help your trading that much? If not, simplify it.
More...


please don't misquote me. i never said it can't be done, just that i can't believe people still do it. if you have equally matched traders, the one with the faster better equipment/feed will win. (hypothetical)

best,

surfer:)
 
Quote from marketsurfer:




please don't misquote me. i never said it can't be done, just that i can't believe people still do it. if you have equally matched traders, the one with the faster better equipment/feed will win. (hypothetical)

best,

surfer:)
More...

Believe it. There are people all over the world trading with a single computer and single line and single quote feed. And they are profitable to boot.

You need hypothetical to make a point? I'm telling you, in reality, you can be a profitable trader off a single laptop. I did it today.
 
Quote from DisciplinedHedg:



Believe it. There are people all over the world trading with a single computer and single line and single quote feed. And they are profitable to boot.

You need hypothetical to make a point? I'm telling you, in reality, you can be a profitable trader off a single laptop. I did it today.
More...


in reality, one can be a succesful trader with a pay phone and an investors business daily. i use to chart by hand and trade via telephone broker. by saying "hypothetical" i meant that there is no way that 2 traders could be exactly evenly matched therefore the example needs to be hypothetical. happy you did well today !

best,

surfer
:)
 
Quote from DisciplinedHedg:



Believe it. There are people all over the world trading with a single computer and single line and single quote feed. And they are profitable to boot.

You need hypothetical to make a point? I'm telling you, in reality, you can be a profitable trader off a single laptop. I did it today.
More...


one more question, before i forget---- WHY ???

best,

surfer:)
 
Quote from marketsurfer:




in reality, one can be a succesful trader with a pay phone and an investors business daily. i use to chart by hand and trade via telephone broker. by saying "hypothetical" i meant that there is no way that 2 traders could be exactly evenly matched therefore the example needs to be hypothetical. happy you did well today !

best,

surfer
:)
More...

I don't really understand what you're saying anymore! Must have been a long week.

Point is I am not comparing 2 traders in a vacuum. If I was, sure I'll take the trader with the better faster equipment all else being equal. Because that trader can always turn off those extra monitors he doesn't need.

Which leads me to your question of "why." If you're referring to why all I have is a laptop to trade off of, my answer is because that's all I need! Oh I do have a spare monitor for a 2nd screen, but I haven't used that in a while.

Understand it this way. For any trader, there comes a point where he doesn't need more and more equipment. My point just happens to be a nice reliable Dell Inspiron.
 
Quote from trader99:



Most hedge fund managers have almost all of their net worth/assets tied in the funds they are managing. How else would people believe you if you can't even believe in yourself? They can't put 95% of their assets in a savings acct earning 1% when they claim they are swinging around the market making good returns.
More...

"Most"? "Almost all"? I beg to differ.

Maybe the smaller guys, looking to get a foothold. Beyond that, it's a game of trying to get the smallest possible exposure to the fund you manage.
 
Quote from links:



I agree, if you study the field of Knowledge Management it is very clear that information overload actually hampers performance.
More...

:D :D

there's something subtly, ironically, hilarious about this -- even though the conclusion is probably irrefutable.

take no offense, links. none intended.
 
Quote from links:



I agree, if you study the field of Knowledge Management it is very clear that information overload actually hampers performance. For us traders I think we have to make the distinction between doing research and the actual trading. For brainstorming purposes one can justify five computer screens and go through hundreds of charts to let the ideas bubble, but when you finalize your strategies then I believe less is more.

This is actually turning out to be a pretty good thread, as another poster said a good conversation.
More...


Knowledge Management ? that sounds like a very relative discipline. information overload ? overload would depend on the person--right ??

i agree, this is a great thread/ conversation. anytime one can look at the market thru a slightly different lense, its worth it !

best,

surfer
 
Quote from alfonso:



"Most"? "Almost all"? I beg to differ.

Maybe the smaller guys, looking to get a foothold. Beyond that, it's a game of trying to get the smallest possible exposure to the fund you manage.
More...



ahhhh, not accurate. tudor jones and niederhoffer have ( had ) substantial portions of their net worth in their funds.

best,

surfer:)
 
You must log in or register to reply here.
Back
Top