trend following delusion shattered

NickelScalper · Mar 21, 2005

Quote from Mathemagician:

Prove it.

M

All publicly available information and techniques are effectively already in the market price, because there's no way for the individual trader to reliably compete against the resources and access of the collective competition including the bigger players.

ProfLogic · Mar 21, 2005

Quote from hank rollins:

well, i am nicely intrend of DJIA and EBAY right now.

Does 10361 on the YM mean anything to you? Please no wise crack remarks.

Thunderdog · Mar 21, 2005

Quote from hank rollins:

well, i am nicely intrend of DJIA and EBAY right now.

Hmm. Sounds like you are now shattering "delusions" of your own creation. Welcome to the "other side."

NickelScalper · Mar 21, 2005

Quote from hank rollins:

nickel,

why lefty brought index arb into the discussion is beyond me. index arb has nothing to do with your question. he just cant seem to grasp what we are talking about.

i will even go so far as to say, show me ANY system , not just public, that will do what you question requests.

Agreed, the criterion of "publicly available" is not essential to the concept.

Mathemagician · Mar 21, 2005

Quote from NickelScalper:

All publicly available information and techniques are effectively already in the market price, because there's no way for the individual trader to reliably compete against the resources and access of the collective competition including the bigger players.

That would be something called a theory, not a proof. Prove your assertions.

M

Thunderdog · Mar 21, 2005

Quote from NickelScalper:

All publicly available information and techniques are effectively already in the market price, because there's no way for the individual trader to reliably compete against the resources and access of the collective competition including the bigger players.

I may be mistaken but, judging by your post, I'm guessing that you are not doing very well right now. If that is indeed the case, do you really think that this is a good forum to address this issue?

NickelScalper · Mar 21, 2005

Quote from Mathemagician:

That would be something called a theory, not a proof. Prove your assertions.

M

I did so already. Now pick up the ball and run with it.

John Merchant · Mar 21, 2005

Your pathetically hobbled "individual trader" has one thing going for him against the big bad "bigger players". That is the ability to trade a totally wild-assed idea that would get an institutional trader fired. "Why did you make that trade?" "Beats the shit out of me! I just liked it! Plus my ass itched like it did the last time I made a great trade."

NickelScalper · Mar 21, 2005

Quote from Thunderdog:

I may be mistaken but, judging by your post, I'm guessing that you are not doing very well right now. If that is indeed the case, do you really think that this is a good forum to address this issue?

Your fantasy life doesn't interest me.

Thunderdog · Mar 21, 2005

Quote from John Merchant:

Your pathetically hobbled "individual trader" has one thing going for him against the big bad "bigger players". That is the ability to trade a totally wild-assed idea that would get an institutional trader fired. "Why did you make that trade?" "Beats the shit out of me! I just liked it! Plus my ass itched like it did the last time I made a great trade."

I think that there is also the agility afforded by much smaller size.