Deco was once a patient of mine, but as he quit me in a fit of frenetic frothing frenzy ("You fucking anachronistic anagrammatic abnegating abuliac!"), I feel no professional obligation to keep his sordid little secrets private, especially since he stiffed me for our parting session. That, plus I have a deep concern for the fiscal health of this astonishingly collegial on-line community. Deco, the fat old fulminating fraud, is leading you all a merry chase with this insidious, nay, invidious, thread. He would have you believe that a few paltry cretinous rules, run through a cold inhuman process of simple-minded binary decision tests, can supplant the brilliant intuitiviity of the human brain unfettered by simplistic concepts of trading reality. He commits the unforgivable sin of elevating statistics over heuristics. So I urge you all to cast out demon backtesting, and follow your instincts in trading! Down with the mechanistic! Up with the humanistic!
Arthur Deco Mentors ET Noobs
- Thread starter Arthur Deco
- Start date
Being dead for over 25 centuries has its benefits. Not the least of which is that you don't give a rat's ass what anyone thinks of you. Think to come of it, I don't care what any rat's ass thinks of me. Which naturally led me here. Back in the day, I went to a lot of trouble to package my ideas in catchy stories any idiot could remember. Take the Fire Sermon. Does anybody remember it now? Nooooo. Let me give you the Cliff's Notes version.
The eye is aflame. Aflame with desire for sights. The ear is aflame. Aflame with desire for sounds. The nose is aflame. Aflame with desire for scents. The dick is aflame...well, you get the idea.
If I were alive today, which praise the merciful gods I am not, I would say:
THE CHART IS AFLAME. AFLAME WITH THE DESIRE FOR PROFITS!
Do you know The First Verity of Charting? Bet you didn't even know there was one. The First Verity of Charting is: No two charts look alike.
Do you know why no two charts look alike? Because no two traders are alike.
Traders of this perfidious age, get a grip! The truth is the tape. Time. Price. Volume. Bid. Ask. How simple can you get? But that simplicity is home-spun into the most elaborate, the most bizarre, the most psychologically revealing charts imaginable.
Let's talk fetishes. Arthur Deco here thinks that his fetishes have artistic merit. White patent high heels...well, let's don't go there. Joe Doaks would say "Eeeeew, that's tacky!" But he likes the rubber look.
Where am I going with this? ALL of your charts are fetishistic! Corset charts! Nylons charts! Big tits charts!
Like children on the playground chanting and taunting "MY chart's better than YOUR chart! My chart's better than YOUR chart!"
The eye is aflame. Aflame with desire for sights. The ear is aflame. Aflame with desire for sounds. The nose is aflame. Aflame with desire for scents. The dick is aflame...well, you get the idea.
If I were alive today, which praise the merciful gods I am not, I would say:
THE CHART IS AFLAME. AFLAME WITH THE DESIRE FOR PROFITS!
Do you know The First Verity of Charting? Bet you didn't even know there was one. The First Verity of Charting is: No two charts look alike.
Do you know why no two charts look alike? Because no two traders are alike.
Traders of this perfidious age, get a grip! The truth is the tape. Time. Price. Volume. Bid. Ask. How simple can you get? But that simplicity is home-spun into the most elaborate, the most bizarre, the most psychologically revealing charts imaginable.
Let's talk fetishes. Arthur Deco here thinks that his fetishes have artistic merit. White patent high heels...well, let's don't go there. Joe Doaks would say "Eeeeew, that's tacky!" But he likes the rubber look.
Where am I going with this? ALL of your charts are fetishistic! Corset charts! Nylons charts! Big tits charts!
Like children on the playground chanting and taunting "MY chart's better than YOUR chart! My chart's better than YOUR chart!"
Sid, you think YOU don't get no respect! How's about ME? Not dead as long as you, but forgotten nonetheless. One little slip with a pretty boy, and it's hemlock for me. "Corrupting the morals of the youth?" Youth ain't got no morals! Look at ET. Average age? Mental, that is? I'm guessing sixteen. More balls than brains. Morals? "Show me the fucking money!"
Well, Sid, I can relate. Doin' standup on the internet ain't easy. Especially in a venue like this. The porn site PregnantLactatingSquirrelsInBondage.com gets more hits than this fucking place.
You crack a good one? At this time of night? How many guys do you think are adrift in the Pacific with internet access to appreciate it?
Go back to sleep, Sid. Wait until after the open. There'll be lots of pretend traders reading here then.
Well, Sid, I can relate. Doin' standup on the internet ain't easy. Especially in a venue like this. The porn site PregnantLactatingSquirrelsInBondage.com gets more hits than this fucking place.
You crack a good one? At this time of night? How many guys do you think are adrift in the Pacific with internet access to appreciate it?
Go back to sleep, Sid. Wait until after the open. There'll be lots of pretend traders reading here then.
Oh, quit whining, you old fossils! Three millenia of classical literacy are lost on this age. "That's a fack, Jack!" Look at me. I love an historical joke, just like Dr. Deco. So I created this handle. Did anybody ever get it? Illaudable illegitimate illiterates, every one!
Jesus! All the profits are creeping out of their lairs. I'm a self-confessed asshole, as I've stated several times before. Most people are and I love them for that. Man's problems always begin when he attempts to cleanse the asshole. I say live with it. Dog's are smart and where do they go when a pair first meet...I rest my case. Now, I cannot code for toffee. I even have a problem with any serious level of mathematical endeavour. But has this stopped me from trading? No. I must go on and find my way with my limited endowments. A true asshole. But I have come...quiet please...I have come to a rag bag of workable notions of sorts based on the right market (many are vicious bastards that I will have no truck with) the right time (one needs some serious participants otherwise it won't go anywhere) and some sense of direction based on news/ sentiment, pivots and trend. I jump out far too early after grabbing too little but I'm working on endurance and the dreaded premature evacuation syndrome. Leverage and a sense of direction, discipline and routine, these are thoughts for the noob IMO. Hope you don't mind me splurging, Art.
