You miss the point. I would rather share world views with people I respect than with those whom I otherwise do not. Not that I will change my views to coincide with those whom I respect, just that it seems to work out that way and is a bonus. So it works out quite well for me. That has nothing to do with the way I trade, however, since my time horizon is far too short to meaningfully incorporate economic fundamentals anyway. Two different matters. Is it so hard to understand?
Market Wizards 4 coming soon!
- Thread starter Maverick74
- Start date
Well I share views with people I respect as well. I also respect many people who do NOT share my world views. You know...because that is how I roll...
while we are on the subject of scammers.
Sand bagger was charged / fined with fraud and deceit by the NFA.
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0060840&case=10BCC00016&contrib=NFA
a website posting also required.
http://www.trendfollowing.com/whitepaper/decision-russell-sands.pdf
-45k drawdown.
he also got the boot from the turtle hatchery.
s
<object style="height: 390px; width: 640px"><param name="movie" value="http://www.youtube.com/v/wbT_N6mZYR0?version=3&feature=player_detailpage"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="http://www.youtube.com/v/wbT_N6mZYR0?version=3&feature=player_detailpage" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="360"></object>
Sand bagger was charged / fined with fraud and deceit by the NFA.
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0060840&case=10BCC00016&contrib=NFA
a website posting also required.
http://www.trendfollowing.com/whitepaper/decision-russell-sands.pdf
-45k drawdown.
he also got the boot from the turtle hatchery.
s
<object style="height: 390px; width: 640px"><param name="movie" value="http://www.youtube.com/v/wbT_N6mZYR0?version=3&feature=player_detailpage"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="http://www.youtube.com/v/wbT_N6mZYR0?version=3&feature=player_detailpage" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="360"></object>
Quote from beachhouse:
This guy still doesn't know how to trade?
If the writer of this book has no clue of trading, what value can a reader get from his book?
Walking into a hedge fund and chatting with the manager and jotting down the casual, absent-minded, joking, hallucinating, or even deliberately misleading words of the manager, and, there you go, a book. yeah, great book.
What does he think the readers are? Stupid?
He may be right.
The key to success is higher education, like MBA degree, preperably from University of Phoenix. They have a trading room, you know.
If I cannot make money in the next two years from trading, I will start writing books. That's the plan, yes, writing a book. The title of the book is : "The key to successful trading"
I bet many stupid readers will buy my book.
Pre-order my book, you idiot
This has true weight.
LOL @ price is the truth.
We are in a algorithmic society now. Whether you like it or not, this is what's happening. I am shocked that people consider manual transmissions to be quicker than an automatic. Human error = miss shifts, mis hits, mis cues.
You won't get that w/ computer.
I thought PAUL TUDOR was some god, but when I opened my monthly bloomberg magazine, he wasn't even mentioned in any top performing articles within the past few years. lolz
Some things hold true, like how you are only as good as your last trade. Others don't, like 'price pays'. You aren't going to be able to chase ticks, if you are, you are crazy.
The book is cool, but when I ask peeps about what it means, such as what a handle is, how it represents its underlying entity, no one knew.
You're right about the speed, but there's nothing quite like the feeling of driving a manual.
...and if you're going the auto route, don't buy Chrysler, they've got too many electronic issues.
It's an impressive list of offences, but only a $45k fine -- presumably most/all on this board could write that check without losing sleep. Doubt that tiny amount will throw any "sand" in his gears.
Yes, but you cannot fight the fact and shift in the PPF curve in economics. We are shifting out, replacing a lot of manual process.
I guess what I'm trying to say is, the legendary OPEN PIT style and E-TRADING are evident of this. I presume that MKT WIZARD 1 and MKT WIZ 4 to be diff't.
I was reading MKT 1 about tudor jones and him trading cotton or whatever. I still don't understand what the jargons are about. LOL
Does univesity of phoenix teach this?
I understand Mr Frog's general point, but this is a really poor example / analogy. My daily driver is a stick, and there's no question it's preferable to my two slushbox vehicles. I can see a steepening coming up, or a stretch of rough pavement, or puddle or icepatch... many reasons to downshift that the slushbox doesn't "know about" till it's too late. True, I "mis shift" maybe one time in 100, but that's a small cost for being in the right gear at the right time, rather than belatedly.