Beating Larry Williams record
- Thread starter sabena
- Start date
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Sabena:
"It's easier to catch 10 waves of 2 points
than 1 wave of 20 points.....
because there are more waves of 2 points
than waves of 20 points.
And the noise that most traders see in
the short time frame is not noise if
you known what I known... "
I don't have the holy grail but I come
damn close to it...
Sabena I think I know what you know and for me to know how much you really know I have a question. What is your thought about randomness, non-randomness regarding markets? This should give me an idea what you are aware of without discussing the concept.
If you really know (I suspect you really do ) are you sure you can handle the heat , because in that case, it's all that matters. Thanks
P.S. Still I think Americans make better traders than Europeans(generally speaking)
"It's easier to catch 10 waves of 2 points
than 1 wave of 20 points.....
because there are more waves of 2 points
than waves of 20 points.
And the noise that most traders see in
the short time frame is not noise if
you known what I known... "
I don't have the holy grail but I come
damn close to it...
Sabena I think I know what you know and for me to know how much you really know I have a question. What is your thought about randomness, non-randomness regarding markets? This should give me an idea what you are aware of without discussing the concept.
If you really know (I suspect you really do ) are you sure you can handle the heat , because in that case, it's all that matters. Thanks
P.S. Still I think Americans make better traders than Europeans(generally speaking)
ddefina, TriPack
I KNEW the sentence was ridiculous but didn't have a time to think of better formulation. I speak, read in 3 languages speak,read and write in couple languages, how about you guys??
". I hope nobody finds out what I think we all know though"
You are right, cutting losses, let the profits run, money management, risk management, trade management we all know that. Or if you want me to have a good laugh, give me some lessons about indicators.
So, ddefina, question for you, why do you think the whole trading game works, why is it possible to take money out of the markets over the long run?
If you say it's a stupid question it would be an answer to me. Even If you do not answer I will KNOW what you KNOW.
In conclusion, From my experience working at Merc for few years I KNOW, old-timers DON'T KNOW.
P.S. ddefina I can't wait to go over your posts.
I KNEW the sentence was ridiculous but didn't have a time to think of better formulation. I speak, read in 3 languages speak,read and write in couple languages, how about you guys??
". I hope nobody finds out what I think we all know though"
You are right, cutting losses, let the profits run, money management, risk management, trade management we all know that. Or if you want me to have a good laugh, give me some lessons about indicators.
So, ddefina, question for you, why do you think the whole trading game works, why is it possible to take money out of the markets over the long run?
If you say it's a stupid question it would be an answer to me. Even If you do not answer I will KNOW what you KNOW.
In conclusion, From my experience working at Merc for few years I KNOW, old-timers DON'T KNOW.
P.S. ddefina I can't wait to go over your posts.
Cesko,
The truth is that the markets are not random
but chaotic.
If the markets were really random than you
wouldn't be able to make CONSISTENT profits.
At the university they were and still are , I
believe, teaching the "Efficient Market Hypo-
thesis"
Now they start to have the conviction that the
markets are chaotic and not random.
Off course that the markets are random, because
the market waves are made up by humans
and human behavior is chaotic and there is
order in the chaos so there are profits to be
made in the market consistently.
When I heard a professor tell that there are
no consistent profits to be made in the market,
my intuition told me that he was wrong.
I researched and analyzed the markets day and
night and my results proved that he was wrong.
"There is no greater satisfaction in proving
someone wrong"
The truth is that the markets are not random
but chaotic.
If the markets were really random than you
wouldn't be able to make CONSISTENT profits.
At the university they were and still are , I
believe, teaching the "Efficient Market Hypo-
thesis"
Now they start to have the conviction that the
markets are chaotic and not random.
Off course that the markets are random, because
the market waves are made up by humans
and human behavior is chaotic and there is
order in the chaos so there are profits to be
made in the market consistently.
When I heard a professor tell that there are
no consistent profits to be made in the market,
my intuition told me that he was wrong.
I researched and analyzed the markets day and
night and my results proved that he was wrong.
"There is no greater satisfaction in proving
someone wrong"
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