the trend is up, market has bottomed.

If I heard of a prop firm that advertised that over 50% of their traders made net profits for the calendar year of 2001 due to their unique market neutral tape reading strategy, I would probably go work for them. But nobody makes such a claim.
 
Originally posted by dotslashfuture
If I heard of a prop firm that advertised that over 50% of their traders made net profits for the calendar year of 2001 due to their unique market neutral tape reading strategy, I would probably go work for them. But nobody makes such a claim.
I think I heard that All - Tech makes a claim exceeding that. I can't swear to it, but I am sure there must be someone here that is familiar with them. I think they trade large size for pennies on their own ecn....Attain? I don't know if they make their money on p&l or order flow. But supposedly they do make money.
Let me know if you find out more.
Thanks,
RS
 
Originally posted by dotslashfuture
If I heard of a prop firm that advertised that over 50% of their traders made net profits for the calendar year of 2001 due to their unique market neutral tape reading strategy, I would probably go work for them. But nobody makes such a claim.

I'll bite...of course over 50% of our experienced traders made money in 2001? Why wouldn't they? More than 50%, but we can't count the "newbies" still in their learning curve. Remember, we trade primarily NYSE listed, so we weren't subject to the OtC pitfalls.

Don
 
Originally posted by Don Bright


I'll bite...of course over 50% of our experienced traders made money in 2001? Why wouldn't they? More than 50%, but we can't count the "newbies" still in their learning curve. Remember, we trade primarily NYSE listed, so we weren't subject to the OtC pitfalls.

Don



With a lil' smoke and mirrors u can make anything sound good....:D
 
Originally posted by DT-waw
"Trade what you THINK, not what you see in RANDOM charts"

Yeah. Charts are random. so what? I'm a genius. If I will THINK properly, i will make a lot of $$$ ! LOL

Yeah. Making lots of $$$ does NOT involve thinking properly. LOL
 
Originally posted by lundy
Looks like MSFT, ORCL, and CSCO will lead the new bull wave.

Don, why are you playing dumb? Check out my Sleepless Nights thread, I don't see any need for me to post statistics or anything else since I posted that realtime journal. There you will find a real life sample of about 20 or more of my trades. All but 1 was predicted correctly.

Playing dumb? My gardening friend is real and I am pallid and emaciated at 22. Sleepless nights looks good: how do you figure the gap will happen? What ideas do you use?
 
Heck that wasn't even a good dead cat bounce, let alone a bear market rally and let alone a bottom. Now we're on the way to retesting the lows.
 
Originally posted by Don Dumb


Playing dumb? My gardening friend is real and I am pallid and emaciated at 22. Sleepless nights looks good: how do you figure the gap will happen? What ideas do you use?

i use chinese theories
fibonacci theory
elliot theory
chaos math
mechanical theory
and more.

Everything I use, I discovered myself. Only later did I find that there was a theory to support it.
 
Originally posted by lundy


i use chinese theories
fibonacci theory
elliot theory
chaos math
mechanical theory
and more.

Everything I use, I discovered myself. Only later did I find that there was a theory to support it.

Why not simply look at the S&P futures like everyone else? That way you can sleep at night....we like gaps in the morning, and yet we play the openings whether there is a gap or not.

(Again, not trying to rile you, I guess I'm just too lazy to get involved in all of that "thinking" )..:-)

Don
 
Originally posted by lundy


i use chinese theories
fibonacci theory
elliot theory
chaos math
mechanical theory
and more.

Everything I use, I discovered myself. Only later did I find that there was a theory to support it.

So you just happened to stumble accross the golden ratio and then later read about a little italian mathematician named Fibonacci??? :p

and out of curiosity what do you mean by Chinese theory???

PEACE and good trading,
Commisso
 
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