It is IMPOSSIBLE to make money in the markets
- Thread starter Ripley
- Start date
How splendid. Just be sure not to bump your head when you kiss the mirror. Given the number of times you must do it daily, it would surely leave a mark.
Ripley,
I am sad to see that you've failed to make it. There is huge pain in giving up a dream; almost like giving up your child. And like a parent who's lost a child you try to make yourself feel better by campaigning against what you blame for that loss.
If anyone is really asking this question then you will get more answers in this thread than most:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=76477&perpage=6&pagenumber=1
Note: If you have any doubts then follow the P&L thread and note lescor's results.
I am sad to see that you've failed to make it. There is huge pain in giving up a dream; almost like giving up your child. And like a parent who's lost a child you try to make yourself feel better by campaigning against what you blame for that loss.
If anyone is really asking this question then you will get more answers in this thread than most:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=76477&perpage=6&pagenumber=1
Note: If you have any doubts then follow the P&L thread and note lescor's results.
I think a more accurate set of statements are:
1. "markets are mostly efficient, but not 100% efficient"
2. and Fischer Black's: "Noise makes profits possible"
The only startegy that works IMO is a technical-based interpretation of variant perception (developed over a 30 yr period) -- that uncovere s transietn inefficiencies and it's definitely profitable.
Here is the record of trades and analysis over the past several months (in a very difficult period). I'll update this periodically or you can follow these trades in real time.
http://www.street-noise.net/stocks/...ecent-forecats/
Here are some links that explain the method in a genaral way, its too profitable to fully diclose, but the general ideas may be helpful to some...
http://www.street-noise.net/highlig...in-trading-why/
More specific rules here...
http://www.street-noise.net/think/s...g-model-part-1/
1. "markets are mostly efficient, but not 100% efficient"
2. and Fischer Black's: "Noise makes profits possible"
The only startegy that works IMO is a technical-based interpretation of variant perception (developed over a 30 yr period) -- that uncovere s transietn inefficiencies and it's definitely profitable.
Here is the record of trades and analysis over the past several months (in a very difficult period). I'll update this periodically or you can follow these trades in real time.
http://www.street-noise.net/stocks/...ecent-forecats/
Here are some links that explain the method in a genaral way, its too profitable to fully diclose, but the general ideas may be helpful to some...
http://www.street-noise.net/highlig...in-trading-why/
More specific rules here...
http://www.street-noise.net/think/s...g-model-part-1/