Tight Stops
- Thread starter WaveTrader2004
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))Hey BOZO you should think about going to bed if you have finished it's only 12 O'clock midday Sunday here and it must be the middle of the night for you if you are in the land of the waffling procrastinators which is a certainty.
Tells me something else about you as you don't have a life either... You just thrive on being an idiot.
BBG
Tells me something else about you as you don't have a life either... You just thrive on being an idiot.
BBG
Bozo I looked up your profile and see you say you are an Engineer from Santa Barbara. Well it is only 9:30 Saturday there so you still have a bit of air time left for today.
How many engineers are working in Wall Street or at the CME?
Only the ones doing the maintenance around the buildings - tthey sure as hell arn't working on trading desks.
The reason is they cannot adapt to the changing phases the markets go through due to their education.
It is no wonder you are following a linear regression model as you would have trouble seeing the forest for the trees.
You guys who follow all that stuff without thinking are just cannon fodder for the instinctive trader who can move with the money flow way ahead of the black box signals.
Did you know that only 2 or 3% of people regularly trading the market make money and at least 60% of people who open an account are gone never to return every 6 months.
That's a fact and to beat these odds you have to be sharp. Know what your doing and stick to a formula of success.
Standard deviation is not one of them.
BBG
How many engineers are working in Wall Street or at the CME?
Only the ones doing the maintenance around the buildings - tthey sure as hell arn't working on trading desks.
The reason is they cannot adapt to the changing phases the markets go through due to their education.
It is no wonder you are following a linear regression model as you would have trouble seeing the forest for the trees.
You guys who follow all that stuff without thinking are just cannon fodder for the instinctive trader who can move with the money flow way ahead of the black box signals.
Did you know that only 2 or 3% of people regularly trading the market make money and at least 60% of people who open an account are gone never to return every 6 months.
That's a fact and to beat these odds you have to be sharp. Know what your doing and stick to a formula of success.
Standard deviation is not one of them.
BBG
Well OK then, apparently you have not been bitchslapped enough for the evening. So lets put you in your place.
First of course, one has to observe that you are arrogant enough to declare that standard deviation doesnt work. In order to say that you must have a superior knowledge of the concept.
So naturally you would have no problem answering a simple questions about standard deviation. Here it is
Standard deviation is simply the _________ of variance. (fill in the blank).
This is a simple question that any first year student could answer.
Surely you, an accomplished professional trader, who claims to know the limitations of this concept, must know this answer.
I will wait here.
Steve
First of course, one has to observe that you are arrogant enough to declare that standard deviation doesnt work. In order to say that you must have a superior knowledge of the concept.
So naturally you would have no problem answering a simple questions about standard deviation. Here it is
Standard deviation is simply the _________ of variance. (fill in the blank).
This is a simple question that any first year student could answer.
Surely you, an accomplished professional trader, who claims to know the limitations of this concept, must know this answer.
I will wait here.
Steve
is the word "mean"???
Hey duckling:
Nope. Standard deviation is the "square root" of variance.
You know it is almost embarrassing to have to slap this poor bastard around like this, but really how can you not? The arrogant SOB spends all this time trying to get folks like you to spend money on his tarot card crystal ball system and then has the guts to say that a system based on inferential statistics is worse.
I just cannot let it stand. Take your money and put it in the bank. This one is clearly a scam.
Steve
Nope. Standard deviation is the "square root" of variance.
You know it is almost embarrassing to have to slap this poor bastard around like this, but really how can you not? The arrogant SOB spends all this time trying to get folks like you to spend money on his tarot card crystal ball system and then has the guts to say that a system based on inferential statistics is worse.
I just cannot let it stand. Take your money and put it in the bank. This one is clearly a scam.
Steve
Bozo,
I am not a Sanitary Engineer like you and I have no interest in the concept. I looked at it once and saw the problems with it.
Why does it take you endless posts to just find out that I am a trader who works with PRICE ACTION and the factors that influence BUYERS or SELLERS to take or dump their positions because of market money flow and the direction of the CASH market.
I have laid out all this in the posts prior to this but you are so dumb and boring you are just trying to scam people into contacting you for information on your "system".
I am a wake up to you.
I have an excuse for telling people how they can improve their trading approach because I have 25 years of experience in this business and know what works and what doesn't.
Furthermore I have a couple of products we have developed that are state of the art to assist people who want to trade to WIN rather than mess about backtesting data for the rest of their lives.
The fact that I have a business supplying software and education is of little consequence to my presence here because I have provided these people on the thread with a free set up they can learn to trade at no cost to themselves and if they were coming to my web site for a look each week they would even be the beneficiaries of continual free education.
What goes round comes around. People like you Bozo who want to inflame others without knowing the facts are purely just a smoke screen for all the trouble makers on every free chat room in the world today.
I come in here and I know straight away that of the 50k+ members in here there has to be 90% of them who cannot make money in this business. And on top of that they will never make money listening to people like you.
So wake up everyone and get real.
BBG
I am not a Sanitary Engineer like you and I have no interest in the concept. I looked at it once and saw the problems with it.
Why does it take you endless posts to just find out that I am a trader who works with PRICE ACTION and the factors that influence BUYERS or SELLERS to take or dump their positions because of market money flow and the direction of the CASH market.
I have laid out all this in the posts prior to this but you are so dumb and boring you are just trying to scam people into contacting you for information on your "system".
I am a wake up to you.
I have an excuse for telling people how they can improve their trading approach because I have 25 years of experience in this business and know what works and what doesn't.
Furthermore I have a couple of products we have developed that are state of the art to assist people who want to trade to WIN rather than mess about backtesting data for the rest of their lives.
The fact that I have a business supplying software and education is of little consequence to my presence here because I have provided these people on the thread with a free set up they can learn to trade at no cost to themselves and if they were coming to my web site for a look each week they would even be the beneficiaries of continual free education.
What goes round comes around. People like you Bozo who want to inflame others without knowing the facts are purely just a smoke screen for all the trouble makers on every free chat room in the world today.
I come in here and I know straight away that of the 50k+ members in here there has to be 90% of them who cannot make money in this business. And on top of that they will never make money listening to people like you.
So wake up everyone and get real.
BBG
Your a fake Gilmore. and an ignorant fake at that.
You comment about subjects that you know nothing about.
Once again I have pretty much proven that you and your system are worthless.
I call that strike three....
Now I am pretty much content. If I continue to bitchslap your poor middle aged ass around, people will start to think I am being cruel. I will just let things lie as they are right now.
You go ahead however with your pointless drivel. Please do call me a few more names. Have at it. I am pretty sure that you are screwed as regards sales here on ET. If I were reading your posts I would now be crossing you off my list.
Always nice to see you again.
Steve
You comment about subjects that you know nothing about.
Once again I have pretty much proven that you and your system are worthless.
I call that strike three....
Now I am pretty much content. If I continue to bitchslap your poor middle aged ass around, people will start to think I am being cruel. I will just let things lie as they are right now.
You go ahead however with your pointless drivel. Please do call me a few more names. Have at it. I am pretty sure that you are screwed as regards sales here on ET. If I were reading your posts I would now be crossing you off my list.
Always nice to see you again.
Steve
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