The ACD Method

Quote from Maverick74:

Well guys, I have some sad news to report. One of our members of this thread thinks trading is nothing but gambling and ACD is for naught. I guess I'm just going to have to work harder in 2012 on this thread to show just how precise ACD can be for our friend RCG. I thought I did that over the previous 500 pages. But obviously I've been half assing it around here. LOL. Hang on to your seats in 2012, this thread is going to triple!
More...

Wow that kinda came out of nowhere...wonder what changed his perception of ACD?
 
Quote from Maverick74:

Shan, we need to talk. LOL. This is NOT what I want to see a spread doing. No cookie today for you.
More...

Hahaha wow not what I expected either! Looks like i Have to step up my game for the next year!
 
Quote from Shanb:

My "trading" is just gambling and not worth anything? Ouch that hurt :(
More...

He didn't go into details. Personally that King guy seems like he just flipping a coin. I bet after he leaves ET he goes straight to his online poker game. :)
 
Quote from Maverick74:

He didn't go into details. Personally that King guy seems like he just flipping a coin. I bet after he leaves ET he goes straight to his online poker game. :)
More...

If ACD is gambling, I wonder what his opinion of his Gann cycle indicators is now! Maybe he's switched over to the dark side and is trading with Astro and elliot waves.
 
Quote from Maverick74:

He didn't go into details. Personally that King guy seems like he just flipping a coin. I bet after he leaves ET he goes straight to his online poker game. :)
More...

man tough crowd, gambling, edge, randomness, didn't know we were going to explore the dark side, ride winners keep losses small is the whole of trading, in a possibly random game the idea is to make more than you lose. One of the reasons people don't last is that the one time you don't honor your stop or uncle point may be the time gold decides to drop 90 points. Fat tails in option speak. Look at Paulson, he made possibly the largest single trade of all time with subprime, this year his fund is down 40%, I am sure it still stings. People put too much pressure on them selves trying to knock it out of the park. singles and outs with the occasional home run is the way to go.
 

Attachments

Quote from kinggyppo:

man tough crowd, gambling, edge, randomness, didn't know we were going to explore the dark side, ride winners keep losses small is the whole of trading, in a possibly random game the idea is to make more than you lose. One of the reasons people don't last is that the one time you don't honor your stop or uncle point may be the time gold decides to drop 90 points. Fat tails in option speak. Look at Paulson, he made possibly the largest single trade of all time with subprime, this year his fund is down 40%, I am sure it still stings. People put too much pressure on them selves trying to knock it out of the park. singles and outs with the occasional home run is the way to go.
More...

King, how have you been? Hope the holidays are treating you well :)
 
Quote from kinggyppo:

man tough crowd, gambling, edge, randomness, didn't know we were going to explore the dark side, ride winners keep losses small is the whole of trading, in a possibly random game the idea is to make more than you lose. One of the reasons people don't last is that the one time you don't honor your stop or uncle point may be the time gold decides to drop 90 points. Fat tails in option speak. Look at Paulson, he made possibly the largest single trade of all time with subprime, this year his fund is down 40%, I am sure it still stings. People put too much pressure on them selves trying to knock it out of the park. singles and outs with the occasional home run is the way to go.
More...

King, are you trying to taunt Fisher with that nat gas chart? :eek:
 
You must log in or register to reply here.
Back
Top