Trend Following Research

[Samsara]

Quote from marketsurfer:

Uncannily for a free market supporting financial trader board, ET attracts in ordinate number of capitalist hating socialist free loader types.

They hate anyone who sells things and have quite the entitled attitude. I am at a loss why this is accurate. Perhaps they have been burned by the market machine so many times, their love has turned to hate??

Not only this, but as soon as they sense you have achieved a modicum of success in this business-- be it as a vendor, writer, guru, fund manager, or trader--- the hate can become vicious.

Quite a sad commentary.

Allow me to point out something. It dovetails with the concept of "integrity" and "class" I mentioned to you.

Imagine there's a spectrum with two poles. On the left pole has people like Brett Steenbarger, Mark Douglas, Bright Trading, TradersStudio, Interactive Brokers, etc.

On the other pole are people who create aliases to sell the property of felons for ridiculously marked up prices, unsuccessful traders who sell methods that are the "secret" to trading success, one-post shills that pump chop shop firms, cheesy market psychologists with no trading experience, and half the smarmy salesmen at TradersExpo.

Both are parties free to transact in the market to sell their goods and services at whatever price they want.

What defines the gradient of that spectrum is sorta what Gabfly1 is getting at. Hint: it has nothing to do with capitalism. Your choice to claim it does is a tactic of those wallowing on the right side.

 

[Trend Following]

Quote from Gabfly1:

I didn't say your interviewees were vendors, because I don't know who your interviewers are. I just noted that I hoped they wouldn't be. The reason I said this is because I have read a book or two of trader interviews that were interspersed with "traders" who were also vendors. Their "interviews" were of no value to me.

Did my prior two books or film do whatever you are exactly criticizing about 'vending'?

 

[Trend Following]

Quote from Samsara:

On the other pole are people who create aliases to sell the property of felons for ridiculously marked up prices, unsuccessful traders who sell methods that are the "secret" to trading success, one-post shills that pump chop shop firms, cheesy market psychologists with no trading experience, and half the smarmy salesmen at TradersExpo.

My books & film featured this?

 

[marketsurfer]

Quote from Samsara:



Imagine there's a spectrum with two poles. On the left pole has people like Brett Steenbarger, Mark Douglas, Bright Trading, TradersStudio, Interactive Brokers, etc.

On the other pole are people who create aliases to sell the property of felons for ridiculously marked up prices.

Selling Bernie Madoff memorabillia or other items is some how wrong or evil? LACKs integrity or class?

If I recall, the monies in the Madoff auction went to the victims.

The buyers got a piece of wall street history and the sellers raised funds to reimburse the victims. Sounds like a win win voluntary exchange to me.

 

[Gabfly1]

Quote from Rodney King:

Save your breath. You're arguing with a nobody. His "insight" on the other thread is: let your profits run. (Gee, did he think of that one himself?)

Utter bullshit. Either you are being intentionally disingenuous, or you lack elementary reading comprehension capability. I will let you and your caretaker decide.

 

[Samsara]

Quote from marketsurfer:

Selling Bernie Madoff or other items is some how wrong or evil?

Think hard about those two words I put in quotes in the beginning of my post. Are either of them synonymous with "wrong" or "evil"?

 

[Gabfly1]

Quote from Trend Following:

Did my prior two books or film do whatever you are exactly criticizing about 'vending'?

I did not see your film. Your first book was a tad too..."evangelical" for lack of a better word. It was not to my taste (even though I am essentially a trend trader by my own definition). The turtle book was an interesting read because it recounted a fascinating tale that has become a part of trading history. And it was well written.

Again, I did not say your upcoming interviews included vendors. I did not even suggest that I suspected vendors would be included among your interviewees. I merely pointed out that I hoped there wouldn't be any. And as I have just clarified in a prior post, this is because I do not like such interviews. And I believe I also explained why. Can we move on now, please?

 

[marketsurfer]

Quote from Samsara:

Think hard about those two words I put in quotes in the beginning of my post. Are either of them synonymous with "wrong" or "evil"?

I guess it depends on your perspective. I would consider lacking integrity "wrong" and possibly evil depending on how you use the lack of integrity in business dealing.

I still don't understand how selling wall street memorabillia lacks in integrity or class?

 

[Gabfly1]

Quote from Trend Following:

The implication was there...so I wanted to know why. You are after all the one that put the term out even when supposedly you are familiar with my work.

That was not my intent. I assure you. And if that is how you interpreted it, then that is unfortunate. However, that is more a matter of your inference rather than my implication, especially in light of my subsequent and repeated clarification. I think this exchange has shed sufficient light on this matter and that you have milked it fairly dry. I ask again, can we please move on?

 

[Gabfly1]

Sometimes, you have to read between the lines:

Quote from marketsurfer:

I guess it depends on your perspective. I would consider lacking integrity "wrong" and possibly evil depending on how you use the lack of integrity in business dealing.

I still don't understand how selling wall street memorabillia lacks in integrity or class?