Elite Trader School

[nursebee]

This post is about providing traders a foundation in knowledge that they need in order to compete. It does not tell them how to generate excess returns, but it does give them the right information for them to build a good process.

In my previous roles and current trading, I generate absolute unlevered returns averaging high single digits targeting a market beta of 0 and a 2.5+ Sharpe ratio.

If you are far less informed than the average analyst or fund manager, how exactly are you going to outperform?
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Fair enough and in hindsight you were really only offering said foundation.

perhaps I should approach this from a viewpoint of knowing my enemy (competition).

 

[SunTrader]

So I posted this on another thread yesterday and ..... no one commented about it. Why am I not surprised at all? Everyone is too busy trying to learn - well the ones who aren't also bitching.

"$SPX 100% gain (100.39% to be exact) move from March '20 low to today's high."

https://www.elitetrader.com/et/threads/thoughts-on-harmonic-patterns.360025/page-8

BTW it was also 6.68 points per trading day and 4.618 points per calendar day

An almost perfect time and price squaring for those who know about such esoteric things, not taught at Harvard or MIT.

 

[longandshort]

So I posted this on another thread yesterday and ..... no one commented about it. Why am I not surprised at all? Everyone is too busy trying to learn - well the ones who aren't also bitching.

"$SPX 100% gain (100.39% to be exact) move from March '20 low to today's high."

https://www.elitetrader.com/et/threads/thoughts-on-harmonic-patterns.360025/page-8

BTW it was also 6.68 points per trading day and 4.618 points per calendar day

An almost perfect time and price squaring for those who know about such esoteric things, not taught at Harvard or MIT.

Even a broken clock is right twice a day.

 

[traider]

So I posted this on another thread yesterday and ..... no one commented about it. Why am I not surprised at all? Everyone is too busy trying to learn - well the ones who aren't also bitching.

"$SPX 100% gain (100.39% to be exact) move from March '20 low to today's high."

https://www.elitetrader.com/et/threads/thoughts-on-harmonic-patterns.360025/page-8

BTW it was also 6.68 points per trading day and 4.618 points per calendar day

An almost perfect time and price squaring for those who know about such esoteric things, not taught at Harvard or MIT.

Wow this is true genius. Please tell me what harmonics predict spx open on next Monday.

 

[tiddlywinks]

Out of all the Nostradamus "predictions", not a single life has been saved nor any outcome changed even though foretold centuries in advance.

 

[themickey]

Even a broken clock is right twice a day.

Remain in your ignorance then, I have better more creative things to do.
Now back to work in 5 star kitchen for me.

 

[SunTrader]

Wow this is true genius. Please tell me what harmonics predict spx open on next Monday.

The post didn't predict anything. It was a marker to watch for and I did and took advantage of it.

You on the other hand likely just played with yourself.

 

[SunTrader]

Even a broken clock is right twice a day.

Did it take you long to think that one up? Hope not, gets in the way of class time.

 

[longandshort]

Did it take you long to think that one up? Hope not, gets in the way of class time.

I'm always curious why people don't think through the steps in their process. Like why add something if it only reduces your returns? fibonacci_trading.pdf (ust.hk)

 

[SunTrader]

I'm always curious why people don't think through the steps in their process. Like why add something if it only reduces your returns? fibonacci_trading.pdf (ust.hk)

" any prove why this is so. "

Step one, spell correctly when writing an abstract - or anything else for that matter.

LOL do you really expect me, a trader, to listen to yet another Ivory Tower academic?

Just like a broke clock is right twice a day - those who can't, teach. Except in this case ........ spelling.