Well humans haven't changed so...
The best traders in ET
- Thread starter GloriaBrown
- Start date
High volume sell-off taking oout the sell stops. Second run at stops then a 1% rally hitting the stops going the OTHER WAY.
Classic rattling of the loose change floating around. How else are short term professional participants gonna pull the rake across the table day in day out.
Old themes and the same game just newly clothed in HFT and QE and Currency wars, etc....
You mean Homma Munehisa had to put up with a bloody nuisance constantly telling him his TA would not work, and that markets had changed?
WTF are you blabbing about? http://www.psysr.org/about/pubs_resources/groupthink overview.htm
PS: No need to answer because I do not get into tit-for tat with certain folks
I totally agree with you. To keep honed into your skills of staying fresh, constant backtesting, makes one better, otherwise you get stale and start to become sloppy. Although, I must say, my idea bank been slowing down as years pass, there just so many possible patterns one discovers at some point. So like right now I have stopped backtesting futures/stock trading outrights and doing much more future spreads/stock credit spread options.
Can't agree more. One must be delusional if he reveals trades for a significant period, a few bright minds lurk this forum and reverse engineering for them comes with ease. I've posted blotters before and dedicated one or two posts to our most beloved anti-TA warmonger, Marketsurfer.
Best individual traders on ET would definitely include Rallymode, sellindexvol66 and the ex-firefighter from Canada (unfortunately I'm bad with names).
Does "capacity restrained" mean anything to you? That's like saying, the best Formula 1 drivers should sell their knowledge for chump change so they could continue doing what they like, it makes little sense.
The more people do the same thing, the less value it has - this is especially true for the markets (excluding delayed signals and other foul play).
This is total bullshit. Nobody has ever done this. And no one will ever do it.
It is only a theory that has never been done.
In much the same way as a Giffen good which creates more demand as it rises in price and so named by the theoretician who described and just the same, only a theory that never happens in real life.
If you have an objective method and post trades in real time, with entry/exit and profit targets, it's not too hard for a smart cookie to figure some stuff out.
My record on ES calls in realtime venues is exceptional. Even better than I would think possible. Must be the filtering of posting in public.
Could someone reverse engineer it. Possibly , but they would already have to be capable of coming up with the work on their own, so it's a wash.
Could someone reverse engineer it. Possibly , but they would already have to be capable of coming up with the work on their own, so it's a wash.