Xmas Rally Has Finished.

Quote from bwolinsky:

This is not the case, because QE is over with, and we had our first bid to cover in treasuries above 3.5, and that is the first sign the inflation is over to be followed by significantly higher interest rates.

just curious; don't know how old you are and how long you've been around the markets, but have you ever been "wrong?" From reading your stuff you are way too over-confident, if not borderline arrogant. Why is that? I always thought humility was part of the character of really good traders; at least the ones I have known here in Chicago; not that they we not uber-confident as well. I learned the 'hard-way' to be humble when involved in trading the financial markets.

regards,
 
Quote from bwolinsky:

I don't pound my chest, because that could hurt my heart.

You might think I trade on emotion, but I am nothing but a quantitative automaton who'll eat your lunch but I don't need food to live, only price, volatility, and that is my sustenance..

that's it I quit trading, how could I compete............:)
 
Quote from iceman1:

just curious; don't know how old you are and how long you've been around the markets, but have you ever been "wrong?" From reading your stuff you are way too over-confident, if not borderline arrogant. Why is that? I always thought humility was part of the character of really good traders; at least the ones I have known here in Chicago; not that they we not uber-confident as well. I learned the 'hard-way' to be humble when involved in trading the financial markets.

regards,

"How long before this unmannered and unpleasant "quant" (I can barely type between laughs), Bowo, is flipping burgers?

Not long after any of his "clients" (or more likely their concerned relatives) with normal IQs type "Beau Wolinsky" into Google..."


www.elitetrader.com/vb/printthread.php?threadid=194979

Found this. Thought it was kind of funny.
 
Quote from bwolinsky:

... but after years of investing theory I can come to the conclusion that people who dismiss valid economics, and, especially macroeconomics, really won't last when it comes to trading.


A trader doesn't need to to know economics to be successful.
 
Quote from ElecEquity:

A trader doesn't need to to know economics to be successful.

A trader definitely doesn't need Beau's sensationalist doom economics to be successful.

Quote from Nine_Ender:

You need to know that in general this forum is a favorite of huge permabears. Don't try to reason with them you can't. For example, try telling them Canada has had no Q/E at all except for limited amounts in 2009. That won't stop them from saying the whole market is propped up by Q/E, no matter how ridiculous that claim is. Try to introduce concepts logically they fall on deaf ears, there is too much of a greed factor in play with various "analysts" wanting to call a big crash. Many, many topics on this site reflect heavily on this bet. They want a crash, think they can talk one up. Its residue from 2008 and people who missed the chance.

Yup! See the above mentioned "investor", Mr BowWow.
 
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