Repetition, The Mother of Success and Failure. RAMOUTAR REPORT VOLUME 10

Why do you quote his reply? Many of us have Scientist on ignore, and your quoting just reminds me why I have him on ignore(please do not quote him as the rest of us must read his crap, who have him on ignore). Rather than quoting this Young Australian's boastful remarks just put him on ignore and enjoy ET, for what you can get out of it. If it were not for the ignore function, I would share in your bad experience with ET.

Michael B.

Quote from ChartingMarkets:

Scientist it's now 10 days (1/18/2004) scince we posted back and forth on ET to each other. However, on 1/25/2004 you decided to post and flame me (which I respectfully for ET's sake decided to ignore) and now here on 1/29/2004 you try again. Why are you so fixated on publicly trying to make me out to be a liar? You claim to be above these antics and yet you continue to post these antagonistic remarks nonetheless.

If there is anything you doubt about my background, trading credentials or anything at all then I'm sure that my good friend Jai Ramoutar can vouch for who I am. (Both experience and account statements). Mr. Ramoutar and I have been friends for almost 10 years now and I will vouch for him and his trading credentials as I have witnessed it firsthand, furthermore, because you have made it obvious that you respect Mr. Ramoutar as well I will assume that an affirmation coming from him will be sufficient for you. If not than there is nothing really more that anybody can do to satisfy you.

Scientist I think its self explanatory here on ET who is the trouble maker and who is the one with the professional trading experience. If you have any doubts at all about me I am sure Mr. Ramoutar will put it to rest when he reads this post.

P.S. I will let the history of my posts on ET speak for themselves and anybody on this message board who has read them and moreover PMed me over my time here knows the real situation. As always good "luck" in your trading.
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Why do I deserve this remark? Ebo? Do you know me? Should I post my personal life here in ET? You only see posts appropriate to ET, and then you seem to judge me in my personal life?

Michael B.


Quote from Ebo:

Savant:

Did you know there is life outside of Elite Trader?
Try it sometime.

best wishes,

ebo
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Ebo, Thanks for showing your reply. Do I need to defend myself?

I am working a fulltime job and have friends in that arena.

I am serving an apprenticeship in the Fire Marshall program to become a licensed special effects technician. (I bet I have seen more firworks shows/Dodger games/Concerts backstage/Social events than you have in your lifetime).

I post on ET in the evening after work and on weekends when I am not preparing a show.

I have been in every state in the USA more than once. Can you say that? I have lived in Europe, been to China...ETC.

I am 45 years old and I find myself requiring less sleep as I grow older. I want to get out of life as much as I can and I surly will agree with you as to life outside of trading and ET.

I also am a Christian and I love the Lord Jesus Christ.

But I will not waste anymore time with your post.

Michael B.

P.S. go ahead attack me personally, I can take it.

Quote from Ebo:

ET is your life!
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I heard The Gruccis are looking for an Apprentice Pyrotechnic for The Passion Sequel. Perhaps you should apply.
 
The company sponsering me (PyroSpectaculars), does this show, for The Times square location. Hopefuly I will be ready for the Olympics in Greece. (if they can control their budget)

Michael B.

P.S. The Chinese New Year in Hong Kong was and is the Grand-daddy of them all! We are talking 12" shells, being little stuff.


Quote from Ebo:

I heard The Gruccis are looking for an Apprentice Pyrotechnic for The Passion Sequel. Perhaps you should apply.
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Quote from RAMOUTAR:

Harrytrader...you never cease to amaze me. Yes...probability is an essential component, and well stated. Unfortunately, the closest proving ground for probability is backtesting. While backtesting is valuable...hindsight can never take the evolution and the uncertainty of the future in its account. Probability from my experience, is more closely compared with the repetition of cycles. I draw my daily plays from a trading stable, and since these are stocks that I watch day in and out, I have a clearer perception of the probability in the stock's move, compared to someone who watches it less frequently. Be well, Harry.
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As I said I'm still a discretionary trader. That's why you see on the example below "probability SUBJECTIVE : 80%. " :D. Nevertheless the very reason I am automating the process is to kick off the subjective probability and replace it by OBJECTIVE that is to say SCIENTIFICALLY determine this probability. SCIENTIFICALLY DOESN'T MEAN EXACT it means on the contrary A TOLERANCE INTERVAL. Let's say I have a frequency of 80% that is subjective, when it will be objective I would be able to give an interval between 75 and 85% for example. Also I insist that Scientific means forecast, a backtest is not scientific because it is not forecast that's why academics have never validated technical indicators as valid. If I say for example that 10456 must be touched within 3 points if the top is only 10450 It will be count as a defect.

As long as I don't have OBJECTIVE probability the money management will stay very conservative (so the 1% risk). Once I will know the objective probability interval I will use some optimisation about Money Management. I won't probably use the usual martingale but probably something more optimised specifically to my model (using mathematical operational research methods for those who know what I mean).

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