It's been 3 years and I'm back!

MrScalper said:
I doubt very much you know what you are doing..so I can not see you making any money worth talking about for yourself..maybe you are one of those trading OPM and don't really care what happens..either way..you are not a real professional..as you speak total and utter rubbish when it comes to business basics!

Are you a dot com bubble reincarnation..Bro :)
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Ok, I see that you are 18 years old.. I'm done talking to you.. Bye bye!! SMH.. Silly kids..
 
MrScalper said:
Go ahead..you "professionals" can show us all up any time you like..but that of course will never happen..for "obvious" reasons..feel free to prove me wrong anytime you like..and let the other 2 stooges know as well..or maybe it is 3 more stooges now :)
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Skippy, the Three Stooges were far more entertaining and made more sense than your continually inane gaseous emissions.
 
speedo said:
Skippy, the Three Stooges were far more entertaining and made more sense than your continual gaseous emissions
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Look here Mr swimmer :) you guys make me laugh..you post as if you are "experts"..whereas anyone with any bit of trading experience can see that you lot are the farthest thing from an expert you will ever see..typical "text book traders" :) :)
 
MrScalper said:
ES trader with $10 k account.

5 trades per day.

$2.80 per round trip commission.

What % of capital does the trader pay to his broker in one year..or let's say 250 trading days per year!
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I try really hard not to be rude with the idiots I encounter here, but you are so classic an example of a fool who believes all he reads that I am compelled to ignore that.

Let us assume a 2:1 R:R and a 50% win rate, just the odds of a coin toss over time, and a win is 2 points, so a loss is 1. I can profit at 34% win rate, but let's just take 50-50.

5 trades a day.

Win 2.5X2X$50=$250
Lose 2.5X1X$50=$125
Profit- $125
Comms- $14
Nett profit- $111

2 trades a day.
Win 1X2X$50=$100
Lose 1X1X$50=$50
Profit=$50
Comms-$5.60
Nett profit- $44.40

If you had a 10K account, would you like to win $111 a day or $44.40?

Were you born stupid or did your mother drop you on your head when you were a baby?
 
You can't do this type of analysis simply because your win rates are not going to be constant. You have to build in an extra margin of error. If you knew that you are going to always get this type of returns just borrow and leverage up to become a billionaire.
 
justrading said:
I try really hard not to be rude with the idiots I encounter here, but you are so classic an example of a fool who believes all he reads that I am compelled to ignore that.

Let us assume a 2:1 R:R and a 50% win rate, just the odds of a coin toss over time, and a win is 2 points, so a loss is 1. I can profit at 34% win rate, but let's just take 50-50.

5 trades a day.

Win 2.5X2X$50=$250
Lose 2.5X1X$50=$125
Profit- $125
Comms- $14
Nett profit- $111

2 trades a day.
Win 1X2X$50=$100
Lose 1X1X$50=$50
Profit=$50
Comms-$5.60
Nett profit- $44.40

If you had a 10K account, would you like to win $111 a day or $44.40?

Were you born stupid or did your mother drop you on your head when you were a baby?
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And you call me stupid..:)

Tell you what Mr tharposucker..why don't you post a screen shot of your 5 trades..or any trade you done for that matter..as..you are like the rest of them..knows everything about nothing..you lot are so predictable..bigshot traders who haven't 2 cents to rub together..:) :)

Prove me wrong..I dare you..and the other stooges also :) :) :) :) :)
 
traider said:
You can't do this type of analysis simply because your win rates are not going to be constant. You have to build in an extra margin of error. If you knew that you are going to always get this type of returns just borrow and leverage up to become a billionaire.
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You are referring to runs in probability, I'm referring to a win rate over a large number of trades.

I agree it is not a constant. My sole objection to the validity of back testing is that it is a test that is run over a subset of trades over history. History today is a subset of the history that encompasses the next 500 or 1000 years, so the assumption that a backtest is empirical is a fallacy. It is empirical only to the extent that history until now is empirical. It isn't, since time doesn't stop.

Nevertheless, without assuming an absolute, my ILLUSTRATION serves to demolish the argument that commissions should be an over-riding consideration.

My point was solely that if you make a profit, comms are the cost of doing business.

You may be a better trader than I am, I have 40 years experience in the corporate/business world and I do understand what the cost of doing business is.

Let's not get silly over this.
 
MrScalper said:
And you call me stupid..:)

Tell you what Mr tharposucker..why don't you post a screen shot of your 5 trades..or any trade you done for that matter..as..you are like the rest of them..knows everything about nothing..you lot are so predictable..bigshot traders who haven't 2 cents to rub together..:) :)

Prove me wrong..I dare you..and the other stooges also :) :) :) :) :)
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Would you like a banana Bubbles?
 
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