My recent process of finding an edge.

Quote from HoundDogOne:

Actually...
This Spectre versus Galt thing is interesting.

My take:

Galt has found a bump is the road where fish fall off a truck...
And is excitedly telling us about the "free fish" he is basically stealing from the owners.
One CANNOT build a business with this approach...
Because ECN routing/queuing quirks would be rare and temporary.

In constast...
Spectre is teaching people how and WHERE to fish...
(Something I do at least as well as he does)...
And providing CONCEPTS on which a profitable, long-term business can be built.

But most people here are looking for a Free Lunch...
And are not interested in concepts that are require the very hard work...
Of building/evolving complex infrastructure over a period of many years.
More...

I wrote the following previously:

Quote from TSGannGalt:

2. I used to be a discretionary day trader in a prop firm for quite some time. I'm not against tech. analysis or chart reading. Some talk like it's the only way of making money trading.

3. The system I mentioned above aren't the only systems I have running for the fund. It's only part of the portfolio but something different and interesting from what I usually do.
More...

My everyday job is very boring. Maybe I should have wrote about that... Here:

Trade. Develop models. Test. ...
Trade. Develop models. Test. ...
Trade. Develop models. Test. ...

Eating, sleeping, smoke cigarette, drink coffe and bathroom (drinking occationally) go in between randomly.
 
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