Nearly Random Entry vs a High Probability Entry

[damir00]

Quote from TriPack:

Qwikpop

sorry, must be confusing me for someone else, never heard of it. is it a methodolody? service? ...?

 

[TriPack]

Quote from damir00:



lol. and this is tells us...what?

It says that my statement was in support of this point in your argument with dbphoenix regarding random entries rather that in opposition to it.

 

[damir00]

Quote from dbphoenix:

if nitro picks your entry point and whether you should go long or short, it's not a random entry.

how many different ways are you going to find to post "i'm chickening out"? man, you're scuttling sideways faster than a crab on crack.

again, i am perfectly willing to allow you to pick my entries by any method of your choosing, random or otherwise, you don't even have to say which it is.

is your "edge" that bad that you can't even win with such an advantage?

 

[nitro]

No, posting to a forum is not REALTIME. You should know that if you post to indexfutures.

Let's us both open an account with a broker, say IB or FFastTrade for the purpose of this experiment. All it takes is $5K to trade 1 YM or 1 ES or 1 NQ. We can keep our respective identities secret to each other. Only the broker need know our identities.

Now, I tell you where and when to enter using a random number generator programmed by me and uploaded to ET so that everyone can see that the trades generated are (pseudo) randomly generated. If needed, I will also publish the source code as well.

At the end of the day, we will allow anyone to look at the trades made by allowing read-only access to the P/L, and we will allow all of ET to look in as well.

If we could not set this up easily with IB, perhaps Sioux (Susan) from FFastTrade can help set up the account.

Also, _ONE_ trade a day Are you an Investor or a Trader?

Chatrooms are meaningless to me, indexfutures or not. The reason I go into the one at ET is for company, not to prove or disprove anyone or myself. In this case, I want to disprove you, and therefore we need to do it with real money.

But like I said, if you want to waste your time managing RANDOM trades to a chatroom, we can do it that way too - I am there anyway.

nitro

Quote from damir00:

of course, real money if you like, i already said i accept.

YM, 1 trade a day, you pick my entry point and long/short by whatever means you like, i pick my position size and exit point, ie the money management portion.

you choose your own entry, exit, size based on whatever methodology you like, and of course, you are under no obligation to reveal the methodology.

and we both post the trades in realtime right here, on this thread, where everyone can easily monitor them and they can become part of the permanent ET record.

however it turns out, i want you to know i respect your willingness to put it on the line like this. that takes courage sorely lacking among most of the paper tigers here.

ps i already trader live realtime in #indexfutures and i log trades here in realtime.

 

[dbphoenix]

Quote from damir00:



how many different ways are you going to find to post "i'm chickening out"? man, you're scuttling sideways faster than a crab on crack.

again, i am perfectly willing to allow you to pick my entries by any method of your choosing, random or otherwise, you don't even have to say which it is.

is your "edge" that bad that you can't even win with such an advantage?

You still don't get it. The fact that somebody else chooses your entry points for you doesn't make them random, which just strengthens my suspicion that you have no idea what "random" means.

What a waste of time.

 

[damir00]

Quote from nitro:

Let's us both open an account with a broker...

lol. somehow i had a feeling you'd keep layering on the conditions until you could throw up your hands and walk away.

thanks for playing, nitro.

NEXT!

 

[damir00]

Quote from dbphoenix:

You still don't get it. The fact that somebody else chooses your entry points for you doesn't make them random, which just strengthens my suspicion that you have no idea what "random" means.

how many ways does it have to be said? i'm letting YOU define random in any way you want. i don't care. you can even cheat and give "anti signals" if you want. it won't make any difference, you'll still get whooped.

so go ahead. define it. choose the trades for me. using your definition of random. post your trades. let's see who extracts more money from mr market.

because, after all, that is why we're here....right?

 

[nitro]

No. A computer program will use the rand() function to generate (pseudo) random numbers using the date as a seed. It will be used to issue time of day and L or S pairs.

His/her job will then be to turn this into a profit over as many trades as he wants by managing the exits.

nitro

Quote from dbphoenix:

...As for your challenge, if nitro picks your entry point and whether you should go long or short, it's not a random entry.

 

[nitro]

Huh?

I just want to do it with REAL money? That is a bad condition for trading?

Any one that would object to a trading contest without using REAL money is not a trader.

nitro

Quote from damir00:



lol. somehow i had a feeling you'd keep layering on the conditions until you could throw up your hands and walk away.

thanks for playing, nitro.

NEXT!

 

[dbphoenix]

Quote from nitro:

No. A computer program will use the rand() function to generate (pseudo) random numbers using the date as a seed. It will be used to issue time of day and L or S pairs.

His/her job will then be to turn this into a profit over as many trades as he wants by managing the exits.

nitro

On the face of it, that might work. Unfortunately, it seems to be moot at this point.

This is all Solace's fault, of course