some people think trading is like a warrior's quest
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The wars of the future will not be fought on the battlefield or at sea. They will be fought in space, or possibly on top of a very tall mountain. In either case, most of the actual fighting will be done by small robots. And as you go forth today remember always your duty is clear: To build and maintain those robots. Thank you.
-- Military school Commandant's graduation address, "The Secret War of Lisa Simpson"
Along those lines, I built an automated trading system. My job is merely "To build and maintain those robots."
-- Military school Commandant's graduation address, "The Secret War of Lisa Simpson"
Along those lines, I built an automated trading system. My job is merely "To build and maintain those robots."
In the first part of your post, you say that "training" takes much effort and resolve. In contrast, you say that actual trading is reflexive and, apparently, effortless.Quote from coolweb:
The warriors quest is the training part
Training takes a lot of dedication/motivation blood sweat and tears.
The actual execution part after your apprenticeship is like a 3 minute fight match.
Everything comes out by reflex, straight to the point, no thinking required.
Thats what you train for.
In another words :
Trade like you train.
Train like you trade.
Sort of like a warriors path to being the ultimate fighter
In the second part of your post, you conclude ("in another words") that "training" and trading are to be conducted in the same manner.
Can you see the inconsistency of your own post?
Hey Thunderdog:
Just a quick comment about this subject. I have learned recently that some folks dont like to think. It hurts their head. They like to speak. Problem is they don't really have that much to say, OR they are not knowledgeable about a subject but wish they were, and so what you get is "Bullshit"... Nice sounding bullshit, but bullshit nevertheless. If they took a moment to really think about the crap they post, well we wouldnt be talking about it now.
Check out some of these posts. You have folks who dont know shit but want to see their comments in print, and those who want to make a living off the newbies. Periodically you have a comment from someone who is doing the dance on a daily basis.
I was talking recently with Chris Terry at Linda Raschke's site. He said simply, "Don't waste your time with this" "Its not worth it"
I have come to see that he is right. I really don't need this, and unless I am mistaken, you don't either. Nobody does.
By the way... Warriors Quest? WTF....This is a business. You get up, you get dressed and you go to work. Either you do well and you make money or you don't and you lose it. You think guys who work on construction sites ask themselves it their job is a warrior's quest? What about subway workers, or dishwashers in a restaurant? Warriors quest? Gimme a break..
Steve
Just a quick comment about this subject. I have learned recently that some folks dont like to think. It hurts their head. They like to speak. Problem is they don't really have that much to say, OR they are not knowledgeable about a subject but wish they were, and so what you get is "Bullshit"... Nice sounding bullshit, but bullshit nevertheless. If they took a moment to really think about the crap they post, well we wouldnt be talking about it now.
Check out some of these posts. You have folks who dont know shit but want to see their comments in print, and those who want to make a living off the newbies. Periodically you have a comment from someone who is doing the dance on a daily basis.
I was talking recently with Chris Terry at Linda Raschke's site. He said simply, "Don't waste your time with this" "Its not worth it"
I have come to see that he is right. I really don't need this, and unless I am mistaken, you don't either. Nobody does.
By the way... Warriors Quest? WTF....This is a business. You get up, you get dressed and you go to work. Either you do well and you make money or you don't and you lose it. You think guys who work on construction sites ask themselves it their job is a warrior's quest? What about subway workers, or dishwashers in a restaurant? Warriors quest? Gimme a break..
Steve
Steve,
Thanks for the post. Very true. But I get bored between setups, and I keep hoping that responding to such posters will help relieve some of the daily stress. Of course, more likely than not, it is only adding to it.
Thanks for the post. Very true. But I get bored between setups, and I keep hoping that responding to such posters will help relieve some of the daily stress. Of course, more likely than not, it is only adding to it.
i think money is part of the job but ur paid, just like any job, to provide a service... i mean, this is as a trader. an investor ur being paid dividends because u give up capital$$$ and hold the bag, so to speak... so the investor's job is to research the best vehicle to park his capital. for a trader i think his job is to discover the equilibrium price of the market...
point is, i think its disturbing from a psychologist's point of view to see some ppl enjoying the drama of the risks in the market. reminds me of roulette.
point is, i think its disturbing from a psychologist's point of view to see some ppl enjoying the drama of the risks in the market. reminds me of roulette.
Hey Thunderdog:
This one's for you. The attached chart is an example of today's
"Bond Bounce". This is one example. Doesn't always happen. Setup requires the right combo of bond price movement and previous price move in the indexes (either ES or Russell).
I am posting this because the last time I posted, our friend Coolwhip decided that it wasn't necessary to know any of this to trade profitable. I agree. Jesus might come down from heaven and tell you where to go long and where to exit. That works too.
Anyway, here is another example of a setup that works pretty well when the planets line up. Take it for what its worth. It is as old as the hills, and it ain't gonna change in the near future.
Good luck,
Steve
Oh and Coolwhip, you go on looking at price. Get on down with your bad self "player".
Edit:
As I am following this one it is continuing to roll up. That doesn't happen very often, which is why I would be out with just 2 pts. In my experience, this is a scalp trade that usually gives you from 1 to 2 points (either Russell or ES points).
I don't want to get off subject here. My "warrior's quest" is to get 2 points on the bond bounce
This one's for you. The attached chart is an example of today's
"Bond Bounce". This is one example. Doesn't always happen. Setup requires the right combo of bond price movement and previous price move in the indexes (either ES or Russell).
I am posting this because the last time I posted, our friend Coolwhip decided that it wasn't necessary to know any of this to trade profitable. I agree. Jesus might come down from heaven and tell you where to go long and where to exit. That works too.
Anyway, here is another example of a setup that works pretty well when the planets line up. Take it for what its worth. It is as old as the hills, and it ain't gonna change in the near future.
Good luck,
Steve
Oh and Coolwhip, you go on looking at price. Get on down with your bad self "player".
Edit:
As I am following this one it is continuing to roll up. That doesn't happen very often, which is why I would be out with just 2 pts. In my experience, this is a scalp trade that usually gives you from 1 to 2 points (either Russell or ES points).
I don't want to get off subject here. My "warrior's quest" is to get 2 points on the bond bounce