Caffeinated thoughts from a full-time software developer/part-time trader

  • Thread starter Thread starter krugman25
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krugman25 said:
Here are just a list of unorganized thoughts on trading I have. Many of my thoughts have changed significantly over the years, and some even just this year. In no specific order.

  • Most traders will never get it, by most I mean almost all. This isn't really an opinion, it's just a fact. I have been hanging around trading forums since I started trading and if anything has proven true, almost no one figures out how to achieve positive expectancy with their trading regime.
  • There is way more than 1 way to achieve positive expectancy in trading. I get tired of hearing how there is only this 1 way (usually spoken by someone trying to sell something). Of course personally I will always cheer lead how I trade, but it is by no means the only way..
  • Posting chart setups is meaningless. There are dozens of variables that go into a trading. If I post a chart, and even fill it with all sort of goodies like entries, stops, exits, lines, zones, pivots, etc. It is still useless to everyone else. You can't capture all of those variables in a chart with some lines and words, and even if you could you would make narrow the use of that chart to such a small degree it wouldn't be useful for anyone anyways.
  • Teaching people how to trade is pointless. If you have the aptitude and work ethic you will figure it out. Billions of hours have been wasted by trying to teach people how to trade. Billions more will be wasted and I am not partaking in that time sink anyone.
  • Indicators are USELESS. This is a little tongue it cheek. Almost all indicators are useless. Some indicators can provide small hints but you can't build an entire trading method with long term positive expectancy on an indicator. A few traders have figured this out, most haven't. I'd rather just not mess with them at all. Whatever negligible improvement one may offer is not worth the extra time and hassle.
  • Traders with trading regimes that have positive expectancy's have long strings of losses. This is another reason why I dislike people posting chart analysis. Not because of the poster but because of all of the other people who will either destroy that poster if the setup fails or lift them up as savants if the trade succeeds. The only way to explain it is ego, because, and I hate to have to say this because it is a pre-school level statement, but long term expectancy doesn't hing on a single trade. I may make dozens of trades in a month, hundreds in a year and will make tens of thousands during my entire life. Why are we putting so much emphasis on a single setup? Yep that's right, it's all ego. Hater's want to be right, the poster wants to be right, the posters followers want to be right, and that all astronomically inflates the importance of that 1 trade.
  • Then why do I still post setups from time to time? Because 1) it gives me a chance to be sarcastic and 2) show that there are ways to analyze charts to identify greater than random prediction. Couple that with rock solid trade and money management and you just might get positive expectancy. Am I trying to teach you how to trade? No, and if you ask me I might respond in a not very kind manner. I have far better things to do with my time than to try to teach something that isn't teachable. Put in the sweat equity, hope you have the aptitude and you will find out for yourself in due time if you can trade with long term sustainability.
  • If you have a positive expectancy then why are you on a trading forum and not a billionaire on your own private island. Dumb statements often spoken that don't even deserve the time of day for a response. Always coming from someone who can't figure out how to trade with positive expectancy and has become jaded with the entire thing.
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More than your thoughts i liked your chicken breast ha ha, Nothing is more enjoyable than making the best food for your loved ones. I do it too, for me sometimes i think preparing food gives me a better high than trading. Trading gets boring but making new dishes never gets old.
 
tenny1886 said:
More than your thoughts i liked your chicken breast ha ha, Nothing is more enjoyable than making the best food for your loved ones. I do it too, for me sometimes i think preparing food gives me a better high than trading. Trading gets boring but making new dishes never gets old.
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Yes and yes! My favorite holiday of the year is Thanskgiving. Every year I take a couple days off of work and make food and desserts over those days. I will serve mini-dishes leading up to Thanksgiving which finally culminates into a massive feast on Thanksgiving day.
 
tenny1886 said:
More than your thoughts i liked your chicken breast ha ha, Nothing is more enjoyable than making the best food for your loved ones. I do it too, for me sometimes i think preparing food gives me a better high than trading. Trading gets boring but making new dishes never gets old.
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Ahh, it is chicken breast! OK, now it makes sense! Now it is curve-fitting in my head, these pics. I see the golden-brown top, and the white middle. And the pic with the broccoli bowl makes sense now also. Thanx tenny, you fixed my visual cortex on this one.

Now leave the gun, take the cannolis.
 
Overnight said:
I cannot tell if that is seasoned fish, or a cannoli. The one in the lower-right corner looks like a cannoli, but the others look like fish ready for baking. WTF lol
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Haha. That would be 4 juicy chicken breasts but now you have me jonesin for some fish.
 
Here's a good treat I had a few days back. I used taco sauce for the burger because it has significantly less calories than just about any other sort of sauce.

20190912_115237.jpg
 
krugman25 said:
Here's a good treat I had a few days back. I used taco sauce for the burger because it has significantly less calories than just about any other sort of sauce.

View attachment 209046
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A good burger doesn't need any sauce, IMHO. But if you wish to use some? *psst* I have a secret recipe. PM me for it for the low low price of like 5 sim bux.

F fish! McDonalds ruined all fish for me, ever.

This commercial is from years ago, but it was last year's version that really dug into my soul and made me hate fish, haha. (Can't find last year's version.)

 
Overnight said:
A good burger doesn't need any sauce, IMHO. But if you wish to use some? *psst* I have a secret recipe. PM me for it for the low low price of like 5 sim bux.

F fish! McDonalds ruined all fish for me, ever.

This commercial is from years ago, but it was last year's version that really dug into my soul and made me hate fish, haha. (Can't find last year's version.)
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I agree. This wasn't a good burger. I botched it bad, lol. Definitely true with steak. It should be a crime to put sauce on a steak.
 
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