Kudos to MMs

Quote from Maverick74:

Shortie, no one is saying the system is crap. My comment was only to the fact that one should tinker in the basement laboratory, not with other people's money. Let me ask you something, do you want to write Nitro a check to back this system? If not, why not?

no, because i am poor. :(

and because the system is not very impressive after the last two months.

but Nitro is not looking for backers as far as I tell. why is he tinkering with his system on ET? maybe he wants some feedback that may help improve his system.
 
Quote from shortie:

no, because i am poor. :(

and because the system is not very impressive after the last two months.

but Nitro is not looking for backers as far as I tell. why is he tinkering with his system on ET? maybe he wants some feedback that may help improve his system.

He stated he has someone backing this system as is right now.
 
I guess I have shortie on Ignore, but just to address his missinformation:

>you guys make it sound as if what Nitro has is total garbage. there is no evidence for such a claim.

Sure there is. The FACT that he is tinkering with version 4.0 or what. Go back in this journal to a year or so ago, the original FV and the position went against the market 100+ points, and still there was no edge, that's when he started the new versions.

>but Nitro is not looking for backers as far as I tell.

The search function is your friend. Go back (again) 3-4 months, he mentioned that he was talking to backers. Now obviously, as long as he is posting here, there are no backers.

Any other myth you would like to be cleared up? :cool:

I posted this 18 months ago in this thread:

Quote from Pekelo:

As a summary, it can not be used for trading, because the market can stay out of sync of the FV longer than you can stay solvent. A good example is Febr-March of this journal when the market had been -50 or more for days/weeks and anyone going long got his ass handed to him....

Correct me if I am wrong....

His response was: " you are not incorrect"

P.S.: By the way I like Nitro, that's why I told him long time ago as constructive criticism that he is trying to come up with the philosopher's stone and turn lead into gold...
 
Quote from shortie:

and what's wrong with that?
"Away with such a fellow from the earth, for he is not fit to live" - Acts 22, Chapter 22, Verse 22
 
FV 1203.14. SPX 1,224.08.

These short daytrades I put on almost always go green, and then they go red.

They are worth anywhere from 2 to 6 handles 95% of the time. Too bad I don't have a theory of exit other than "take the damn profit".
 
Quote from nitro:

"Away with such a fellow from the earth, for he is not fit to live" - Acts 22, Chapter 22, Verse 22

I know your deeds, that you are neither cold nor hot. I wish you were either one or the other! So, because you are lukewarm—neither hot nor cold—I am about to spit you out of my mouth. You say, ‘I am rich; I have acquired wealth and do not need a thing.’ But you do not realize that you are wretched, pitiful, poor, blind and naked.
— Revelation 3:15-17
 
both of the biblical quotes came from above,another one is ...judge not lest you be judged...accept others faults as you would your own, your human ,you can get pissed ,just dont lower yourself to judging others,as those who are pissing you off have decided to do
 
your model worked great for awhile,i think they are all not working at the moment, the only one that would work at the moment would be a line tap from ben to the banking brokerage houses
 
Quote from ammo:

your model worked great for awhile,i think they are all not working at the moment, the only one that would work at the moment would be a line tap from ben to the banking brokerage houses

"It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself for a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." - Theodore Roosevelt

"Citizenship in a Republic,"
Speech at the Sorbonne, Paris, April 23, 1910
 
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