Introduction and backround. I think I have a good backround to have success

[comagnum]

Some of the best futures traders came from the blackjack tables as former pros. Not saying trading is gambling, however they do have some damn fine skills already which can be tailored for trading. Nobody has made casinos go bankrupt faster than Trump, that is until one pro gambler called 'The Whale' hit the strip.

 

[vanzandt]

I never met an idiot who is good at grammar and eloquent in writing

You've never toured the CNN Studios then.

 

[sle]

In the mid 80’s, two top rated Bridge players taught themselves to trade options as members of the Amex.

Bear Stearns had a serious Bridge culture, Ace himself was a big player and a lot of senior MDs were too. You'd get pulled into a game of rubber if you happened to stay late and knew how to play.

Maybe smallcapgrowth’s post was not the best way to introduce himself to the member of ET, that are not very soft on new comers, but I expect that his background has value and that he will find his way, with or without our help.

While wishing him well, I'd take his story with a big grain of salt. Unless he's been playing at some casinos that lack modern amenities, I can't imagine anyone making a serious amount of money counting cards in the modern setting (multiple decks, mid-game reshuffles, very astute dealers and computer-assisted tracking).

 

[Turveyd]

I never met an idiot who is good at grammar and eloquent in writing yet met tons who are horrific at it. Call it empirical evidence.

Well your an idiot and your good at grammer and you judge all by grammer as its all your good at, because your an idiot.

Grow up, stop trolling, your an idiot.

P.s. His writing reads better than yours anyway!

 

[Zzzz1]

Grammar not grammer

Well your an idiot and your good at grammer and you judge all by grammer as its all your good at, because your an idiot.

Grow up, stop trolling, your an idiot.

P.s. His writing reads better than yours anyway!

 

[Turveyd]

Grammar not grammer

See like a said complete idiot!

Surely you can find a grammy forum and disgust grammy over there, where grammie would count.

 

[Rationalize]

Grammar not grammer

your / you're

 

[Zzzz1]

Hmm, thank's for pointing out. Though there is a difference between being anal and maintaining a minimum standard of accuracy.

This poster obviously has no clue about the spelling of grammar as he has spelled it incorrectly multiple times.

your / you're

 

[Scataphagos]

I have been reading these forums for about a week now. I wanted to introduce myself and let people know my backround. I was a financial advisor dealing with retail clients for about 5 years. In that process I watched a documentary on card counting in blackjack.

I thought you had to be a super smart guy to do it and no normal human can do it. These people in the video did not look super smart. I got my hands on everything I can read, Like 10 books and went through ever professional blackjack forum out there and basically read every post. I sat home and practiced everyday on the kitchen table for about 2 hours a day for around 8 months so I can get the skill it took and find out how the swings look even with a small edge. I looked 500 hours and then took a home equlity line of credit out of my house to start it (it was ballsy but I wanted to win bad). I started with 25k in cash and 50k loan paid off the loan and won about 1.7 million in 4.5 years. I got barred from every big casino that takes major bets in the united states. And I am radio active in OSN and Biometrica which is the casino national database on advantage players and cheats.

I have about 1.2 million left after taxes and buying some shit. I know it is retarted to just deposit that in a trading account and start. I want to do what I did with blackjack to learn trading. Read everything I can and I felt the passion burn in my belly. I am starting to feel that again with trading. I wont accept failure as an option cause there is no way im going back to working for a boss. I know I need to find an edge and then make Kelly bets accordingly. Im reading threw all the stuff and will read every thread on this forum as I am in fulltime study mode. Can anyone pointment in the direction of different stratigies out there. Right now I only know about Pair trading cause I read on a blackjack forum that don bright went on the blackjack forum years ago and he was a card counter who found an edge in the markets. Any feedback pointing me in the right way would be helpful, but im not looking to be spoonfed. Im excited to be here.

You have one of the BEST backgrounds for success.

Trading the markets is like counting cards in blackjack. IOW.... in card counting you're looking to know "when the deck is in your favor, then get the money out." When the deck is against you, don't bet or bet smaller. Market is the same.

You'll need to learn when the market is favoring a play, then get the money out.

(Disagree that card counting in black jack is "gambling with an edge". I suppose it's a matter of semantics, but I see card counting, poker, and market trading as games of skill, not gambling.)

 

[Zzzz1]

Agree with everything you said in general re BJ and card counting. Only OP knows whether he fabricated a story or not.

You have one of the BEST backgrounds for success.

Trading the markets is like counting cards in blackjack. IOW.... in card counting you're looking to know "when the deck is in your favor, then get the money out." When the deck is against you, don't bet or bet smaller. Market is the same.

You'll need to learn when the market is favoring a play, then get the money out.

(Disagree that card counting in black jack is "gambling with an edge". I suppose it's a matter of semantics, but I see card counting, poker, and market trading as games of skill, not gambling.)