I want to tell traders what "edge" disclosure can and can't do

Quote from original:

if new traders left ET and focused on research (charting on their own) they would be better off

but what do I know :cool:

Hi Original:

Just to say that I enjoyed reading what you wrote. You are original, even in choosing your handle, which was avaiable for all, but no bagholder thought to take it.

Do not be negative if your see all sort of shit thrown at you. Some people are jeoulous, and some are liars. They think that all other people are like them (liars, deadwood, etc). They do not understand that life can be different for others.

Time to burn them in your mountain of hay, and put their wallets to a safe place (your pocket and mine).

RFT
 
Quote from alexandermerwe:

I never said that trends do not exist. They surely exist, all you have to do is look at a chart (after the fact of course). But here I find a contradiction. Short term traders do not most of the times care about the trend unless they are swing traders. Most I know are contrarians anyway.

Increased volatility forces a trend follower to exit the trend early and take a loss. Getting back in becomes harder and harder. I've been there my friend, many times.



Yes, I agree with you, especially for option writer and short-term volatility plays. But although you hear often that volatility is good, it is also what kills the average trader.

Anyway, I also agree with you that finding an edge may take years for a person with above average abilities. It's just too hard, everyone is looking for one.

Alex

Alex: there is an edge in your head. Just digg. If you need help digging, let me know. I digged before, and I have a big pick. Watch your head, we are close to the burried nugget in your head..:)
 
Quote from alexandermerwe:

All possible "simple" startegies that exploit "anomalies" in the market have been identified in the last 20 years and mean reverted thanks to CPU geometric speed increase .

Trend following startegies now suffer from increased volatility, the result being either reduced returns or huge failures.

Some anomalies still exist but very hard to identify. Only very sophisticated startegies can generate consistent returns.

One can find an edge for sure but it's becoming harder after so many smart people joined capitalism and can buy a fast computer at a low cost.

The future is a totally efficient and random market with no "legal" edge for anyone. It will be a 50/50 bet - expenses.

Alex

you are not thinking outside of the box when it comes to "anomalies". you are being far too simplistic and far too generous on how the market acts. i am going to guess that you are looking at things from strictly a technical analysis perspective or simple valuation perspective. you can also look for "anomalies" based on how the market reacts to corporate actions.

the market is not efficient. figure out where the ineffiencies are at.
 
Quote from riskfreetrading:

Alex: there is an edge in your head. Just digg. If you need help digging, let me know. I digged before, and I have a big pick. Watch your head, we are close to the burried nugget in your head..:)


1000 or more posts since January is major digging, about 200 posts each month... you have been digging hard...I can't do it:)

Alex
 
Quote from robbie380:

you can also look for "anomalies" based on how the market reacts to corporate actions.

Thanks, I got the book "Anomalous Market Reaction to Corporate Actions", by Wealth Filthy, and I hope I will figure it out.:)

Alex
 
Quote from Pension_Admin:

Hi original,

I am just wondering if one could attain both edge in trend trading and edge in range trading?


Sincerely,

Pension_Admin

the answer is yes, however I do not do that, when ranging happens for me that is simply DD

the reason why is, well how the hell do you know when ranging will and trend resume or counter trend begin

besides when we are talking ranging, we are simply talking lowering qualifications for trend and going reverse

I know guys do it, but not me, its just not worth my time to switch horses mid stream
 
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