Robbins World Cup E-mini Contest
- Thread starter smilingsynic
- Start date
Nope, no I'm not.
Nope, that's no true.
The same risk management protocols can be put in place form money that you get for your bar mitzvah (shoutout to Timmay, hope all is well) or that you need to pay the bills (shoutout to NYHood, hope all is well).
It's really all the same, the only difference is in the psychology.
Good trading,
Jimmy Jam
Yes, you are [full of CRAP]. If the loss of $10k means little, then the return on it means little.
Think of it this way... "If I put up $1 Million and lost it, would it hurt?" HELL YES! Then, the preservation of the $1Mil means something as does the return.... AND, you're likely to trade $1 Million differently than an insignificant $10K.
Are you being intentionally obtuse, or is it that cognitive thing again? If you read the hyperlinked post, which you supposedly already did about 18 months ago, then you will recall that I asked him if the ruling, as noted in Gallacher's book, is consistent with the ruling that the NFA had on record in this matter. I didn't ask for his opinion of Gallacher's writing style. I asked for verification of the facts. The enforcement attorney confirmed the validity of what Gallacher wrote.
Surfer, your comprehension capabilities appear to be somewhat blunted, as is your memory since we already had this exchange. Are you, perhaps, on medication?
just focusing on the trading here - For anyone who might actually want to learn something from this exchange, The statement in bold is categorically false.
The loss of $10k (or 5k, as per the contest rules) can mean very little, but the return can mean quite a lot!
No bad feelings on my end, gnome, it's all about leverage, and how the trader uses it.
Good trading,
Jimmy Jam
It is not the contest, it is Larry.
Fine little thread we got here going....
Anyway, to answer Thundy's questions why Larry's students can't replicate his results:
1. Maybe some can but keep it to themsleves. Most very successfull traders don't seek the spotlight.
2. Market conditions change all the time, so it is quite possible that back in the 80s and 90s the conditions were more preferable for Larry's style.
3. Did he ever say that he teaches EVERYTHING he knows? Maybe he taught his daughter a few extra strategies what makes her performance better than his average students'.
I could think of a few more responses, but it is lunchtime, if you don't mind...