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Quote from Trader666:

That's not consistent with what ScottD wrote about it. Apparently he did think it was an accomplishment. Which may be why he got sucked into wasting four months of his life with your "methods."

Recently Jack Hershey suggested that someone post an S&P 500 futures chart with only Volume, MACD(5,13,6), Stochastic(14,1,3) and Stochastic(5,2,3) – but not Price. Jack said that he would demonstrate how to trade it profitably.

Sounded interesting, so I posted a price-less chart. I threw a curveball (pun intended) and posted a US 10 Year Treasury Notes futures chart instead of S&P 500 futures. In addition, I removed the time and price axes and up/down volume color coding.

As it turns out, Jack realized it was not the ES and was able to identify successful trades, capturing significant profits.

http://www.elitetrader.com/vb/showthread.php?s=&postid=2213671#post2213671


Oh really? Where exactly are they doing that? ScottD's last post on ET was a status report in March where he wrote it wasn't working:

Each logic release has had some profitable days and flashes of brilliance, but the logic has not been profitable over a sustained multi-week forward test or multi-month back test period.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2357209#post2357209
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We all got over the initial euphoria of the initial interaction and we had to settledown and put our shoulders to the dashboard and its lighting.

We waited two days for rain and we had kites of all colors and keys attached to our kite strings.

Finally, at midnight the rains precipitated the components, the degrees of freedom and a lot if kite strings got mixed up and it was hard to unravel them.

Also our keg got hit by lightening and blew the bung hole wide open.

Duty bound, we reported out our work. We chose the background color of ET for all numbering right then and there since is just dawned on us after missing a whole night's sleep.
 
Here's another example of you getting your facts wrong.

About a month after Roughtrader started his journal, you proclaimed:
"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

Which, of course, was bullshit. But even in response to me setting the record straight, you still wrote:
"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS."
http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

Reality Check: As of 05/21/2009, Roughtraders "To-Date PNL" AFTER 2 MONTHS is $4,249.64 USD
http://www.elitetrader.com/vb/showthread.php?s=&postid=2436645#post2436645

How is this $20K/month? How was this ever $20K/month?
 
None of the sub teams reported back to the lead team the "indicator curvature" before the "hard right edge" is reached.

We ALL appreciate your jumping the chain of command to get "indicator curvature" on the engineering change sheet.

We will put it ahead of the indicator triad sequences.
 
Quote from Trader666:

Here's another example of you getting your facts wrong.

About a month after Roughtrader started his journal, you proclaimed:
"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

Which, of course, was bullshit. But even in response to me setting the record straight, you still wrote:
"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS."
http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

My reply: The mistake I made which you poiinted out has not changed. I corected the mistake in writing and the correction stands.

Rough trader is only making a couple thousand a month on a couple of contracts.

He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars and have half as many as Spyder uses to make 46,500 in 146 minutes.

If he adds 2 contracts he only makes 4,000 a month. If he adds 4 contracts he only makes 6,000 a month. If he adds 6 contracts he only makes 8,000 a month. And so on.

If anyone loans him 1000 bucks a pair of contract then splits the profits with him he will only net 500 a a pair of contracts a month and so will the loaner.

I'm not saying you should loan him money so you can make 20,000 a month but if you did you would be ahead a little and you could hire more research assistants.

You could also give thirds to your two buddies. I know it is hard to divide 20,000 by three but you could try by getting one dollar bills and deal them out until you get to the last ones and flush those down the toilet to be fair.

Reality Check: As of 05/21/2009, Roughtraders "To-Date PNL" AFTER 2 MONTHS is $4,249.64 USD
http://www.elitetrader.com/vb/showthread.php?s=&postid=2436645#post2436645

How is this $20K/month? How was this ever $20K/month?
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Quote from jack hershey:

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Is roughtrader havijng any indicator curvature problems.

Has Andrew Lo done a paper on indicator curvature as yet?? Are any of his assistants available to assist you on indicator curvature.

Get on it man!!
 
So you've gone from:

"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"

To:

"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"

To:

"Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"

ROTFLMAO!!!!!
 
Quote from Trader666:

So you've gone from:

"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"

To:

"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"

To:

"Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"

ROTFLMAO!!!!!
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There is rainn on the plain in Spain..... I think you have it


I THINK you have it.... If a guy is making 2,000 bucks on a couple of contracts....... he can add contracts

......he CAN add contracts......

,,,,,,,,,think of ......it he can add contracts.......

The rain is Spain is mostly on the plain....... on the plain...in Spain...

I think you've got it.
 
Roughtrader started his journal 03-25-09 11:07 PM and since then you've gone from:

04-23-09 01:26 PM
"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

To:

04-26-09 06:51 PM
"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

To:

05-22-09 07:28 PM
"Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2437715#post2437715

You can try to joke and spin that any way you want but it just goes to show how detached from reality your posts are.
Quote from jack hershey:

There is rainn on the plain in Spain..... I think you have it


I THINK you have it.... If a guy is making 2,000 bucks on a couple of contracts....... he can add contracts

......he CAN add contracts......

,,,,,,,,,think of ......it he can add contracts.......

The rain is Spain is mostly on the plain....... on the plain...in Spain...

I think you've got it.
More...
 
Quote from Trader666:

You keep sidestepping this... where is ScottD now? His last post on ET was a status report in March where he wrote that your "cash cow" wasn't working:

Each logic release has had some profitable days and flashes of brilliance, but the logic has not been profitable over a sustained multi-week forward test or multi-month back test period.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2357209#post2357209
More...

You are correct I sidestepped it..

The 06MAY09 chart says nothing new. Those trades just do what roughtrader's ATS does as well.

I'm sure there is indicator curvature ... we will start a quant forum and do indicator curvature.
 
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