hmm.no edges in the markets

[NoDoji]

Quote from marketsurfer:

The carry trade is one example of a past edge that lasted witch required no TA/PA--- but yes most edges only last for a short time because the market morphs as it doesn't like to lose for very long.

This is a claim, not evidence.

 

[Swan Noir]

Clearly access to cash governments, carry trades and the like can be edges that retail (and many prop firms) do not have. But to equate that to PA not being profitable is absurd. One does not need a full range of edges to be profitable and a retail trader can determine if keeping 100% , enjoying his independence and keeping the props greedy freakin' hand off his method is preferred to getting more professional access. He simply may not need it.

 

[sheda]

You could not provide evidence of your claimed hedgefund edge surf for obvious reasons, however you can explain it, you have mentioned dark pools giving an edge in the past is that what you are refering to? But how are you running your trades through their books?

 

[sellindexvol66]

Quote from nitro:

Yeah, the most amazing thing is, these people continue to trade using these methods, with their $25,000 account, maybe taking in $25000 a year after expenses. And that is the really good ones. And then they say it works, not taking into account the other years they lost or the risk they took to extract that from the market. The capacity of the human animal to self-delusion never ceases to amaze me.

To TA&PA people, once and for all. It takes money to make money. You need some sort of edge on entry, and TA may work in certain circumstances if you are lucky enough to have access to those types of markets that are still inefficient (like over the counter). Even then, you need to put on size, and the risk is not trivial. Forget about 99% of it on index futures, equities, options on either of them. If you do find it, it is a needle in a haystack, and it can stop working at any moment. TA&PA may have slightly more validity on FOREX if you had access to special liquidity and the right structure, but even there it is questionable and probably only works in very special cases, sporadically. Nothing to build a business on, and it is gambling with the thinnest of edges if that.

You and surf lecturing people how to trade profitably? Both of you guys are net negative in your et calls... massively and all the guys here know this.

This place has turned in to one loon after another espousing BS.

 

[marketsurfer]

Quote from sheda:

You could not provide evidence of your claimed hedgefund edge surf for obvious reasons, however you can explain it, you have mentioned dark pools giving an edge in the past is that what you are refering to? But how are you running your trades through their books?

You are misunderstanding. I was invested into a fund. I can't replicate their edge but am smart enough to recognize it.

Join a good prop firm for dark pool access. surf

 

[marketsurfer]

Quote from NoDoji:

This is a claim, not evidence.

res ipsa loquitur

 

[sheda]

Quote from marketsurfer:

You are misunderstanding.

Cheers for the advice, I dont misunderstand.

I can do what I want when I want thanks to an edge via a hedge fund.

I was invested into a fund. I can't replicate their edge but am smart enough to recognize it.

You claimed to have an edge that allows you to do what you want when you want, this then develops into you were, not are, invested in a fund (which would amount to the most accessible edge there is and nothing to shout about - and it does not let you do what you want - you are a third party in that situation) then this develops into you are smart enough to recognize it yet can not replicate it.

Do you have an edge You employ or not.

 

[marketsurfer]

No, this particular fund would not be accessible to you for several reasons.

Secondly, I am working on developing the Price Drivers into an actual real edge( will see by end of year if they continue to work) So your answer is not currently can i say for certainty ,other than information gleaned from hard study , do I have an exploitable edge .

 

[sheda]

Quote from marketsurfer:
No, this particular fund would not be accessible to you for several reasons.

Its the otherway around, no fund manager has access to my money, my caring on the issue does not extend to considering their entry policies and all of the above is beside the point. Effectively buying a fund manager and their edge is common and open to all including mum and pop, the market is Huge, this is hardly worth a mention never mind in a topic about traders edges.

Secondly, I am working on developing the Price Drivers into an actual real edge. So your answer is not currently ,other than information gleaned from hard study , do I have an exploitable edge.

You will never have an edge with price drivers due to your inflexible pychology and erratic trade managment, find a consistent trader and learn how its done. Your price drivers seemed to break down the other week but everything needs a tweak..tweak tweak!

 

[ammo]

Quote from toolazy:

I am sick of people claiming they can read from price what next news release will do to prices. Maybe they can detect from price the text and exact numbers

that is acceptable thinking for beginner but there is more to it than price to improve odds.

Looks like majority get stuck on this level forever.

you can detect from ta,either or,if we go up res is possible target,if down,supp is possible target,without the charts you dont have that info,why not take advantage of it,it's an edge