Quote from Zen Student:
Will share once I spot something: generally not a good idea. If you spotted a true arb, would you publish it on the Internet or would you get as much as you could done before your counterparties got wise? If you found a temporary correlation or edge, publishing it could cause it to disappear.
Spreading is not my niche. However, the suggestion to specialise is useful. If you want to specialise in spreads, do so. If you are trying to directionally trade futures then investigating spread relationships and trying to trade ES against CL is like proposing to fly two jets simultaneously, and attempting this before you've done your pilot qualifications.
Similar diversions can be observed in your attempts to investigate ACD this year, another method next year, all the while trying to refine an existing strategy. I'm nudging you to start from scratch with your own thoughts, data from a market you wish to specialise in, and a commitment to logic and reason to ask the right questions.
What is lacking so far is focus and a definite purpose. You would do better to focus on one market, one trading methodology (ie directional), and from that proceed to evidence based analysis.
Until you know the questions you need to ask, you will not be able to filter the usefulness of other information which has been presented. You will not know until you test its validity for yourself...but again without knowing the questions to ask, how do you propose to do this? This is why many here sample, in the manner of a buffet, from all the information available however they do not get anywhere as they do not know what they are looking for or how to recognise when they have found it.
You were making sense in your first two paragraphs. But going forward reading other paragraphs.... I had a Wow!
Man, I must admit with this post you have cast a serious question mark on your logical abilities. Or maybe you were drunk when you typed this post out. In that case, I apologize. Think about it - You don't have a clue about my edges and my strategies, you haven't displayed your track record and you have the audacity to come and advise me and that too in such a confident manner - and when you have no clue about my edges. Wow!
You said you are nudging me to start from scratch. Dude, let us assume you want to keep physically fit and have a well-laid out plan for cardio exercises and have actually been doing cardio exercises for sometime. How would you feel if I tell you that I am nudging you to start learning cardio exercises again - and my logic for saying this is that you are not focused since next year you are planning to incorporate swimming in your exercise regimen and also you plan to play badminton to keep yourself even more physically fit. So, I make an inference that you are not focused and lack a definite purpose. Can you see absurdity of my logic here. This is what you have done in your post above!
Dude - you need to get this thing clear in your head. I have a fully laid out plan for my trading. I encourage you to re-read first 3-4 posts I made in this journal.
Anyways, to dumb down the things so that you can understand them - when I say I would be closely studying ACD and incorporating it into my trading, the aim is to improve my trading performance and statistical parameters that capture my trading. It doesn't mean that I don't have a good plan or trading edges currently.
You have lost complete credibility with me. This is the sharpest post I have ever made on ET. If you want me to engage with you in any meaningful discussion any further, you need to establish your credibility. Man, show up how much you made last few years in market, tell me (even if you want to lie thats fine) whether trading is your sole income or you work for JPM, GS, BofA-ML, MS or some hedge fund and if yes then in what capacity - Trader or IT Support or a BPO guy working in India? Man at this stage, you seriously need to bring something to table to re-establish your credibility. I am again sorry if you typed it out when you were not completely conscious. I would like to apologize in that case
Cheers!
P.S. You can take my post in a negative way or maybe if you are smart you will learn something from my post "about your behavior and way of talking, even if you might have noble intentions" so that someone doesn't fucks you like this in real world. (Sorry, but it is true that I have fucked you above by punching holes in your logical abilities on this forum so publicly
).
