it is next to impossible ON A CONSISTENT BASIS,was what i meant.Impossible is a subjective notion.10 times the deposit is a cherry ocassional picking.Trading isn`t about it.
Perfect example of why Al Brooks is impossible to follow
- Thread starter ChkitOut
- Start date
it is next to impossible ON A CONSISTENT BASIS,was what i meant.Impossible is a subjective notion.10 times the deposit is a cherry ocassional picking.Trading isn`t about it.
There are enough signal to try to exploit them.Learn the market mechanics basics.
Quote from wrbtrader:
Surf is not well these days. Many folks have posted different links to different threads the past few years depending upon the trading instrument NoDoji happen to be trading (stocks or futures) for him and he still claims there's no broker statements of any kind.
For example, here's "another link" for surf @ http://www.elitetrader.com/vb/showthread.php?s=&threadid=132626
That's the most obvious link into NoDoji's journal...a journal that surf intentionally do not want to acknowledge. The next time he requests another link...
Hopefully someone gives him ET search link like I do to so many others that have "poor research skills" @ http://www.elitetrader.com/vb/search.php?s=
Maybe surf has everyone on ignore to explain why he's unable to view the links.
Those are not broker statements. I could post a statement from a 100 million fund an claim its mine--- why not an actual statement? Just one? That combined with refusal to be proven in public in the combine is a strong statement.
In case you don't know--- this is a broker statement.
http://elitetrader.com/vb/showthrea...8&perpage=6&highlight=tim sykes&pagenumber=28
My view is that she caught a few ocassional winning streaks and went so excited that she thought it would last forever.But then comes the reality,usually.
She also told Surf at one point that trading the break of the opening 5-min bar in CL was so profitable it would have him "laughing all the way to the bank."
I tested it and found it to be marginally profitable on paper but figured it would surely be a losing strategy in a live market where some slippage on CL breakouts is common. No doubt that would eat up the tiny profit margin.
I then took some filtering suggestions she posted and tested some more.... and on paper it was a better than the first try but hardly an ATM machine..... It was really squeezing blood from a stone... trying to make profits with that. And who knows if it could turn profits in a live market over time-- those were only paper backtesting results that assume no slippage on the breakouts.
Even if it could be profitable in a live market I can't see how such a strategy will be much help in making 100k a year trading 1 contract.
I tested it and found it to be marginally profitable on paper but figured it would surely be a losing strategy in a live market where some slippage on CL breakouts is common. No doubt that would eat up the tiny profit margin.
I then took some filtering suggestions she posted and tested some more.... and on paper it was a better than the first try but hardly an ATM machine..... It was really squeezing blood from a stone... trying to make profits with that. And who knows if it could turn profits in a live market over time-- those were only paper backtesting results that assume no slippage on the breakouts.
Even if it could be profitable in a live market I can't see how such a strategy will be much help in making 100k a year trading 1 contract.
It`s impossible to make money on a consistent basis with the cartoon tools she claimed she used!It does make money to some extent,until it stops.Period
You did say "statement of ANY KIND". Those are your own words.
Also, I do remember you once saying to NoDoji to post a "live call". Then when that was done...you came back and said something like one doesn't prove anything.
My point, no matter what you request from NoDoji...you change the requirements afterwards you get it to try to make it look like someone didn't fulfill the original request.
Last of all, I do remember you doing something similar to someone else that said they are profitable while using technical analysis. The person posted a brokerage statement (not like NoDoji but like your pal Sykes)...you responded by saying he was just a "lucky trader" and the statement doesn't mean anything and then you quickly disappeared from the thread. It's a game to you surf, I get it. :eek:
P.S. Do you remember the Tony Oz (a vendor) audited records and broker statements posted here at ET in one of those great TA debates threads. Yeah, I know, just lucky and the profits won't be sustainable.