hmm.no edges in the markets

[dbphoenix]

While a discussion of "real-time" trades or calls may seem tangential, it does fall under the umbrella of the topic of the thread, even though online real-time calls are an impossibility. They are too easy to fake (actually, they're easy to fake in a trading room as well) and are therefore useless.

Given all of that, I should point out that a trader who's looking for "real-time" trades or calls of any sort is most likely a trader without a plan. He is also therefore most likely a frustrated trader, possibly even angry (hence the perpetual and interminable demands for "proof" and "audited statements" and "tax returns" and other nonsense).

A course which will go a long way toward quelling this hostility is the development on the part of the hostile wannabe of a trading plan. I explained in large part how to do that yesterday in this thread. But that involves work. It's so much easier to get "calls" from somebody else. But then one places himself in the position of having to demand "proof" and "audited statements" and . . .

All of which is a longer way of saying Grow Up.

 

[burt_schroder]

Quote from dbphoenix:

While a discussion of "real-time" trades or calls may seem tangential, it does fall under the umbrella of the topic of the thread, even though online real-time calls are an impossibility. They are too easy to fake (actually, they're easy to fake in a trading room as well) and are therefore useless.

Given all of that, I should point out that a trader who's looking for "real-time" trades or calls of any sort is most likely a trader without a plan. He is also therefore most likely a frustrated trader, possibly even angry (hence the perpetual and interminable demands for "proof" and "audited statements" and "tax returns" and other nonsense).

A course which will go a long way toward quelling this hostility is the development on the part of the hostile wannabe of a trading plan. I explained in large part how to do that yesterday in this thread. But that involves work. It's so much easier to get "calls" from somebody else. But then one places himself in the position of having to demand "proof" and "audited statements" and . . .

All of which is a longer way of saying Grow Up.

DB,

Taking into consideration your above post, logic suggests that you shouldn't bother posting on public forums.

Would you agree?

 

[trilogic]

Quote from dbphoenix:

While a discussion of "real-time" trades or calls may seem tangential, it does fall under the umbrella of the topic of the thread, even though online real-time calls are an impossibility. They are too easy to fake (actually, they're easy to fake in a trading room as well) and are therefore useless.

Given all of that, I should point out that a trader who's looking for "real-time" trades or calls of any sort is most likely a trader without a plan. He is also therefore most likely a frustrated trader, possibly even angry (hence the perpetual and interminable demands for "proof" and "audited statements" and "tax returns" and other nonsense).

A course which will go a long way toward quelling this hostility is the development on the part of the hostile wannabe of a trading plan. I explained in large part how to do that yesterday in this thread. But that involves work. It's so much easier to get "calls" from somebody else. But then one places himself in the position of having to demand "proof" and "audited statements" and . . .

All of which is a longer way of saying Grow Up.

Yes forget the real time calls not wanting that.. teach a man to fish saying comes to mind!

Read the logical trader by Fisher that I found useful because it outlined how he calculates and why enters and exits that's sll
thsnks

 

[burt_schroder]

Quote from trilogic:

Yes forget the real time calls not wanting that.. teach a man to fish saying comes to mind!

Read the logical trader by Fisher that I found useful because it outlined how he calculates and why enters and exits that's sll
thsnks

A book about trading must have really helped you along.

 

[wrbtrader]

Quote from hitchslap:

Well, I know that there are journals with real time calls.

However, a forum isn't the best medium for those calls. They're often open to scrutiny.

A chat room would be much better.

And yes, in that chatroom, i'd really want to see those posters who are generally looked upon as the gurus (whether they like that term or not!)

And yes, they've been unamed by me thus far, but to anyone who's spent more than a few months here, it shuld be obvious.

Also, it's not supposed to be a dig at them gurus at all!
I'm not saying that I think that they'd fall flat on their face if they had to post calls before the fact; Simply that I think it would be interesting to watch how various profitable traders tackle the markets in real time.

Hope that's clearer

Now that you know the ET history with a chat room and that it won't be coming back...not realistically to ask gurus here to post in a chat room.

Anyways, many of the gurus I've seen in the past here at ET have done the "real-time" trades thing or before the fact signal calls...some of them were profitable and others about breakeven. Yet, if you're talking about someone new here at ET that fits your definition of guru...I really don't know whom that may be in reference to any one with a user name less than 2 years old.

In contrast, if you're talking about gurus that have been a member here more than a few years...trying to get them to post real-time calls AGAIN for whatever reason via whatever trading instrument will be fruitless (seriously). I'm sure most would agree that they'll rather see old time gurus post details about their trade methods or post educational value message threads instead of posting real-time calls again to satisfy new members of less than a few years as members of Elitetrader.com

 

[Redneck]

Quote from trilogic:

Yes forget the real time calls not wanting that.. teach a man to fish saying comes to mind!

Read the logical trader by Fisher that I found useful because it outlined how he calculates and why enters and exits that's sll
thsnks

I don’t know DB from Adam, but I can tell you DB does not trade like Mark

I can also tell you, based on what I’ve read – DB…, I…, and NOD for that matter…, trade similarly (we see trading alike)

If you like Mark’s method – iow it strikes a chord with you / you can relate – go learn it – then trade it

With my compliments;

http://www.elitetrader.com/vb/showthread.php?threadid=170318

fact;

There are more ways to make money trading than one can count – we each need to find our own

RN

 

[burt_schroder]

Quote from Redneck:

fact;

There are more ways to make money trading than one can count – we each need to find our own

RN [/B]

Incorrect. You can only trade with the market. For example, most of the ES trades that i have seen on this site, defy logic. Hence, the poor success rate.

 

[Redneck]

Quote from burt_schroder:

Incorrect. You can only trade with the market. For example, most of the ES trades that i have seen on this site, defy logic. Hence, the poor success rate.

Tell that to the guys that trade

Arb
Rebate
RTM

To name a very - very few

RN

 

[dbphoenix]

Quote from burt_schroder:

DB,

Taking into consideration your above post, logic suggests that you shouldn't bother posting on public forums.

Would you agree?

Given how few beginners and not-so-beginners have no idea how to put together a trading plan, my posting is worth the bother to me.

 

[wrbtrader]

Quote from Redneck:

...fact;

There are more ways to make money trading than one can count – we each need to find our own

RN

Year after year after year I've listen to the interviews of Dukascopy trade competition winners (audited real trades) and other competition winners hosted by brokers...

These traders are doing different things in comparison to other winners or top 10 place winners.

Simply, I strongly agree with you that there are more ways (different ways) to make money in this market. Yet, they all did have some commonalities like discipline, good trade management, good risk management, trade experience and a few other stuff that most traders seem to think is less important that the trade method itself.