Marsman : a real case study.
If you are reading Marsma: what do you think is the role o psychology in trading?
Why Was Marsman Stifled?
- Thread starter vanzandt
- Start date
Marsman : a real case study.
If you are reading Marsma: what do you think is the role o psychology in trading?
The guy is an idiot who doesn't understand the concept of risk management. I keep saying/asking... what's the VAR/risk at +/- 30% and 50% and 70%... and he never wanted to acknowledge that...
So I will keep asking it again, dude... what's the risk at those levels? If you can't provide that (which basically means, you don't WANT to provide that info), don't bother asking for money... not with me, not with professional investors.
So I will keep asking it again, dude... what's the risk at those levels? If you can't provide that (which basically means, you don't WANT to provide that info), don't bother asking for money... not with me, not with professional investors.
....It amazes me how anyone could believe their is any risk free strategy.
Look at the Long Term Capital Management story or even recently what banks did with Mortgage back securities..."nobody defaults on their mortgage". Theirs always risk, why anyone would avoid it instead of facing it head on and managing it.
Perhaps I'm way to humble in my trading approach... If I had a backtest that returned 25 percent a month my first question would be "what did I screw up or miss".
Look at the Long Term Capital Management story or even recently what banks did with Mortgage back securities..."nobody defaults on their mortgage". Theirs always risk, why anyone would avoid it instead of facing it head on and managing it.
Perhaps I'm way to humble in my trading approach... If I had a backtest that returned 25 percent a month my first question would be "what did I screw up or miss".
Exactly, if you think you have a risk free... or even low risk strategy, you're probably underestimating risks or overestimating your own capabilities...
As usual, good advice for Marsman:
1. Nobody likes desperation, don't try to push your system like it is a life/death situation for you. Fishing for investors takes time and patience. Promise less, deliver more. There is a 400% difference between monthly and weekly returns, so you can't just say either.
2. Everybody likes evidence, so if nothing else, start a system on C2 and build a trading record there. A minimum of 3 months is advisable. You might get a few subscribers too.
3. Stop the doom talk. If the market is going to crash, we need ammo and canned food, not a 25% system.
So go ahead and delete some tweets, build a track record and be patient. And backtest, backtest, backtest....
1. Nobody likes desperation, don't try to push your system like it is a life/death situation for you. Fishing for investors takes time and patience. Promise less, deliver more. There is a 400% difference between monthly and weekly returns, so you can't just say either.
2. Everybody likes evidence, so if nothing else, start a system on C2 and build a trading record there. A minimum of 3 months is advisable. You might get a few subscribers too.
3. Stop the doom talk. If the market is going to crash, we need ammo and canned food, not a 25% system.
So go ahead and delete some tweets, build a track record and be patient. And backtest, backtest, backtest....
I thought I must have missed something, but:
So yes, costless collars might not lose you anything but also won't make you 25% per week. It is like a full hedge, no pain, but also no gain...
https://www.elitetrader.com/et/threads/costless-collar-question.303832/#post-4349148
So yes, costless collars might not lose you anything but also won't make you 25% per week. It is like a full hedge, no pain, but also no gain...
https://www.elitetrader.com/et/threads/costless-collar-question.303832/#post-4349148
Thats what I got out of it too.
Still standing tall as the funniest post on ET since I've been around. Right or wrong... I love it.
Will you give him a month to answer ? Not alot of people pay attention im sure he or she could find those not paying anything.