hmm.no edges in the markets

Quote from NoDoji:

Oh dear, that reminds me when I'd embarked on a complete "reset" of my trading and decided to trade really small while I actually learned to trade properly. Someone posted a reply to one of my small P/L reports, something to the effect of "what happened to days like this?" followed by a $3200 day I had in fall of 2008. What they failed to notice was the -18,000 day not long after that.

Surf, a robust system is based on the results of more than one trade. What happened in the combine the next day?

As much as we'd like to be able to have our brokers retain our winners and discard our losers, that doesn't seem to be an option under the "Configuration" tab :p


I agree with you. No question about it. That's a main reason any guru should take the combine, it prevents cherry picking and proves the person may actually be truthful. Refusing to take the combine, yet at the same time selling a stellar record--- that's the main issue that proves something isn't as it may seem.

Facts are I am a sloppy trade manager. Fortunately, I have hit enough home runs to be ahead of the game over time. But short term trade management is my weakness as I am over confident the position will come back. Even though I know better!

surf
 
Quote from wrbtrader:

Oraclewizard didn't make it. :confused:

Which ET members did the test and survived ?


Someone named Crispy passed. I don't think there was anyone else.

Correct me if I am wrong. Thanks


surf
 
Quote from NoDoji:

I have no idea what he does :p

I just did a quick review of his posting history here at ET. He doesn't talk much about his own trading as in revealing very little to the usual mental cases that bashes others.

That's a good thing. :D
 
Quote from NoDoji:

Oh dear, that reminds me when I'd embarked on a complete "reset" of my trading and decided to trade really small while I actually learned to trade properly. Someone posted a reply to one of my small P/L reports, something to the effect of "what happened to days like this?" followed by a $3200 day I had in fall of 2008. What they failed to notice was the -18,000 day not long after that.

Surf, a robust system is based on the results of more than one trade. What happened in the combine the next day?

As much as we'd like to be able to have our brokers retain our winners and discard our losers, that doesn't seem to be an option under the "Configuration" tab :p

This.

Apparently for ms, one profitable trade means more than making a profit for the week, month, quarter. All capital in a trading account isn't yet yours when you continue trading, that's why real traders remain quite emotionless or even uneasy after a period of great trades.
 
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