The B-Team Review

Quote from Kokomo Bogart:

The difference between both and live trading is even more extraordinary.
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So true its almost sad to see this thread still going. :(

I guess this gives us a look at Jake 60 years ago, he got so comfortable in his 'safe' serene and pleasant working environment that he was never able to leave it.
 
Quote from q.b.q.b:

So true its almost sad to see this thread still going. :(

I guess this gives us a look at Jake [John T. Hershey??] 60 years ago, he got so comfortable in his 'safe' serene and pleasant working environment that he was never able to leave it.
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Exsqueeze me Mr. ube dube, but what is it that you find so heart-rending about Dr. von Neo's activities? To call your comments vacuous would be complimentary. You are clearly yet another B-team munchkin edger who is trying to ingratiate herself with Kokomo Bogart.

Now don't get me wrong. Bogie made a very salient point when he noted that simming and trading ain't the same by a long shot. I will shortly be posting a little vignette called, "The Anatomy of a Failed Trade" to illustrate this point.

In the meantime why don'y you try to learn how to express yourself without using ad hominems in a vain effort to buttress your poorly constructed confabulations.

lj
 
Quote from ljyoung:

Exsqueeze me Mr. ube dube, but what is it that you find so heart-rending about Dr. von Neo's activities? To call your comments vacuous would be complimentary. You are clearly yet another B-team munchkin edger who is trying to ingratiate herself with Kokomo Bogart.

Now don't get me wrong. Bogie made a very salient point when he noted that simming and trading ain't the same by a long shot. I will shortly be posting a little vignette called, "The Anatomy of a Failed Trade" to illustrate this point.

In the meantime why don'y you try to learn how to express yourself without using ad hominems in a vain effort to buttress your poorly constructed confabulations.

lj
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Quote from Neoxx:

A week of sim trading, then a week of real trading. Market orders and reversals. Open to close. No stops.

The sim trading was characterized by consistently disappointing performances, careless omissions and reckless mistakes.

I reasoned that problems would iron themselves out once I transitioned to the real thing.

They didn’t.

I thought a temporary abstention from ET would give me clarity.

It didn’t.

Now there’s really no difference between sim-trading and the real thing as far as I’m concerned. If anything, my real trading was permeated by a bland indifference which wasn’t present beforehand. A kind of gross insensate detachment, like sitting in a favela lighting hundred dollar bills.

Thursday, I went from double the ATR intraday to about break-even by the close, largely through a stubborn attachment to the What-Must-Come-Next that didn’t. Friday’s blundering clumsiness was an even louder message that I was unequipped and ill-prepared.

A lackluster week had ended in disgrace.

It’s readily apparent why the majority of IR posters stick to an entry/exit mentality and presumably use stops. Mistimed reversals can be very costly. Mistimed reversals during parabolic trends can be devastating, particularly if followed by a late return to the right side of the market. Two such trades can evaporate an entire day’s worth of gains.

So I regressed to sim-trading today, and after the numerous cautionary experiences, pared back the trading frequency and enforced EOB action.

And another sub-par, sub-ATR day.
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I think the doubts are creeping in. He's worked out the problem with being always-in when you're not always-right.
 
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