I can predict the future?

Riffraffpatrol · Oct 1, 2011

Quote from cooolweb:

what correction would that be?

The 20k is actually a normal stopout, I have 2M in capital in my trading account. I'm not leveraging much.

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I don't trade off of statistics, I trade off patterns, rarely does a 3rd arm grow from your belly button, if it does, it gets cut off immediately. if you know about patterns, u know a black swan ALWAYS has TELLS before it happens.
black swans happen to statistics, but not to patterns.

You can't be serious???

OUTLIERS have tells...

Black Swans by definition have no tells... Famous last words on your part. U r reckless bottom line... your ego clouds reasoning.

Riffraffpatrol · Oct 1, 2011

Quote from cooolweb:

A pattern is only 1 part of the trade setup, trading JUST a head and shoulders or triangle will get you stopped out w/ a 1% stop.
but thats amateur play , isn't it?

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i understand you quite fine dood, nothing you say isn't something i tested before. quite frankly i know ur trading level already just from a few things u speak. ur mind is stuck in a "Trade your way to financial freedom by van thorp" that whole book is bullshit and not applicable in real trading.

Lol I havent read it...

Y dont u tell me what he says and Ill tell u if I subscribe to it? Better yet egostein- tell me what u think the 2 corrections i say u need to overcome your flaws if u have me figured out?

Anyone with any sense of simple chart skills, stop placement and correlating risk parameters can discern u r out of your mind.

cooolweb · Oct 1, 2011

Quote from Riffraffpatrol:

Lol I havent read it...

Y dont u tell me what he says and Ill tell u if I subscribe to it? Better yet egostein- tell me what u think the 2 corrections i say u need to overcome your flaws if u have me figured out?

Anyone with any sense of simple chart skills, stop placement and correlating risk parameters can discern u r out of your mind.

I'm not trying to play ego with u, far from it, if you start debating w someone in the know, it is BEST if you check your theories and make sure they are absolutely correct and works in real life. If you can check me on a few theories I'd actually be indebted to you,

quite frankly, you are asking me to explain to you how things work. I'll do that every now and then, but don't come in front of me and act like you know more then me. I'm not a professional speculator because I have trouble READING people.

You are making outlandish statements about my chart reading skills, while I just put up real time trades to back it up. words and actions are not equals.

cooolweb · Oct 1, 2011

Quote from Riffraffpatrol:

You can't be serious???

OUTLIERS have tells...

Black Swans by definition have no tells... Famous last words on your part. U r reckless bottom line... your ego clouds reasoning.

I've been trading since 2000 , traded through 5-10 blackswans, not once was I on the wrong side.

#1 a black swan never touches me because I will be stopped out
#2 a black swan or outlier ALWAYS has tells .

flashcrash
2008
fed announcements
all of them have tells

Nothing was out of the ordinary, all it did was speed up price.

Riffraffpatrol · Oct 3, 2011

Quote from cooolweb:

you are asking me to explain to you how things work.

Lol Reeeally? Reeeeaaaally? Lol- I am not asking for that at all! I'm trying to get u to think about the irrational logic behind your risk management thru rhetorical means...I know right off the bat you don't have a sound justification for it... so I certainly am not awaiting a sensical response.

Quote from cooolweb:

You are making outlandish statements about my chart reading skills

Your comprehension leaves something to be desired evidently... never did I insinuate your chart skills were lacking.... On the contrary- I am making the assumption your skills are fine in that area...heck-- u may well be a savant at charting. Point is it means nothing if you can't apply what the chart tells you to sound risk mgmt-- and a static 1% rule proves you are being reckless in this regard. Charts are never static and absolute- regardless of the pattern... Y on earth then would your risk rules be static???

Riffraffpatrol · Oct 3, 2011

Quote from cooolweb:

I've been trading since 2000 , traded through 5-10 blackswans, not once was I on the wrong side.

#1 a black swan never touches me because I will be stopped out
#2 a black swan or outlier ALWAYS has tells .

flashcrash
2008
fed announcements
all of them have tells

Nothing was out of the ordinary, all it did was speed up price.

110% convinced you know not the difference between an outlier and black swan

cooolweb · Oct 3, 2011

Quote from Riffraffpatrol:

Your comprehension leaves something to be desired evidently... never did I insinuate your chart skills were lacking.... On the contrary- I am making the assumption your skills are fine in that area...heck-- u may well be a savant at charting. Point is it means nothing if you can't apply what the chart tells you to sound risk mgmt-- and a static 1% rule proves you are being reckless in this regard. Charts are never static and absolute- regardless of the pattern... Y on earth then would your risk rules be static???

my DIASTER STOP is 1%
in reality my stop is no stop, price should move to my favour the moment I enter.

outliers and blackswans are the same thing to me, put up your hands and protect yourself at all times. Theres no special operation technique.

Riffraffpatrol · Oct 4, 2011

Quote from cooolweb:

my DIASTER STOP is 1%
in reality my stop is no stop, price should move to my favour the moment I enter.

outliers and blackswans are the same thing to me, put up your hands and protect yourself at all times. Theres no special operation technique.

"DISASTER STOP"????? "DISASTER"??? 1%????

Roflmao

cooolweb · Oct 4, 2011

Quote from Riffraffpatrol:

"DISASTER STOP"????? "DISASTER"??? 1%????

Roflmao

Another interesting thing is, i'm not in the markets long enough to even see a black swan, I'm in the markets maybe 3-4 days out of a month.

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starting to realize I have the perfect strategy

Guess all that refinement in the past 5 years paid off!

Riffraffpatrol · Oct 4, 2011

Quote from cooolweb:

Another interesting thing is, i'm not in the markets long enough to even see a black swan, I'm in the markets maybe 3-4 days out of a month.

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starting to realize I have the perfect strategy Guess all that refinement in the past 5 years paid off!

I would seriously consider taking your material on the road-- perhaps an amateur comedy hour? You are good... had no idea how good though...