YM in a Can
- Thread starter ElectricSavant
- Start date
yes that's what I said it's very close 
. I suppose those who told you that want to make some screen & smoke because they have interest to do so like the usurpator site of cama ...
. I suppose those who told you that want to make some screen & smoke because they have interest to do so like the usurpator site of cama ...
Harry,
Let me make something clear. I have no plans on getting into retail or wholesale sales of systems or trading OPM. I AM NOT INTERESTED TO MAKE A LIVING THAT WAY. I prefer to trade my own money and I passed the series 3 and tried the broker route which was the same as being a glorified telemarketer.
The use of the original formula and the use of the trademarked name would piss any author of a good equation off. Your threads have revealed this and I thank you for that. But I am trading pivots and a completely different formula that I named, YM in a Can. BUT I EVEN GOT THIS FORMULA I AM USING OFF OF ET! I have written nothing myself, besides playing with colors and columns on a spreadsheet, and am just testing it on what I think to be an appropriate instrument for retail traders (YM).
There will be further tweaks to the equation I use for the benefit of the ET community and myself, because I have nothing to lose. Now, someone might come on here and say "well if too many people trade it or front run it" then it will no longer work. I honestly cannot believe that a breakout system with these wide parameters would stop working.
I really do not know the point you are making now. But please do not drag me into what my motives are. I will and am proving to the ET community what my motives are.
This trading profession is hard and a new trader needs help. There is no other way for the new trader to save time in the learning curve without help. They come here to ET daily searching and looking. I hope this thread has helped. If only one person was helped then my time is not wasted.
I got some ideas too, which was another goal to this thread. I feel were coming to an end to this thread, as I feel I am being misunderstood and I do not want this journal to accelerate in the direction you are trying to take it in. I really do not know why you post if you do not want to share? Perhaps your EGO Harry? Please do not use my time for the entertainment value that ET postings obviously give you.
Please do not misunderstand me Harry, When I can understand your posts, I feel very happy and appreciate your contribution here in ET. I always read your posts, but have trouble understanding sometimes.
Anyways Folks, I will post next week in hopes of finding a good volatility money management technique to use that would work with this system. I want to identify at the time of each days recalc if I will bet double contracts or not. I have not established a long running equity curve yet and no backtester has stepped up to the plate.
Michael B.
Let me make something clear. I have no plans on getting into retail or wholesale sales of systems or trading OPM. I AM NOT INTERESTED TO MAKE A LIVING THAT WAY. I prefer to trade my own money and I passed the series 3 and tried the broker route which was the same as being a glorified telemarketer.
The use of the original formula and the use of the trademarked name would piss any author of a good equation off. Your threads have revealed this and I thank you for that. But I am trading pivots and a completely different formula that I named, YM in a Can. BUT I EVEN GOT THIS FORMULA I AM USING OFF OF ET! I have written nothing myself, besides playing with colors and columns on a spreadsheet, and am just testing it on what I think to be an appropriate instrument for retail traders (YM).
There will be further tweaks to the equation I use for the benefit of the ET community and myself, because I have nothing to lose. Now, someone might come on here and say "well if too many people trade it or front run it" then it will no longer work. I honestly cannot believe that a breakout system with these wide parameters would stop working.
I really do not know the point you are making now. But please do not drag me into what my motives are. I will and am proving to the ET community what my motives are.
This trading profession is hard and a new trader needs help. There is no other way for the new trader to save time in the learning curve without help. They come here to ET daily searching and looking. I hope this thread has helped. If only one person was helped then my time is not wasted.
I got some ideas too, which was another goal to this thread. I feel were coming to an end to this thread, as I feel I am being misunderstood and I do not want this journal to accelerate in the direction you are trying to take it in. I really do not know why you post if you do not want to share? Perhaps your EGO Harry? Please do not use my time for the entertainment value that ET postings obviously give you.
Please do not misunderstand me Harry, When I can understand your posts, I feel very happy and appreciate your contribution here in ET. I always read your posts, but have trouble understanding sometimes.
Anyways Folks, I will post next week in hopes of finding a good volatility money management technique to use that would work with this system. I want to identify at the time of each days recalc if I will bet double contracts or not. I have not established a long running equity curve yet and no backtester has stepped up to the plate.
Michael B.
Quote from harrytrader:
yes that's what I said it's very close
Thanks Manz,
Do you think I could benefit by posting the static way I trade these levels (no confirmation just MIT with reverse or BE) alongside the "YM in a can" to see which one works best and to discover why?
Michael B.
P.S. This is a work in progress, and there will be tweaks but we can compare equations using like entry and exit methods without discretionary choices for now.
Do you think I could benefit by posting the static way I trade these levels (no confirmation just MIT with reverse or BE) alongside the "YM in a can" to see which one works best and to discover why?
Michael B.
P.S. This is a work in progress, and there will be tweaks but we can compare equations using like entry and exit methods without discretionary choices for now.
EatShootLeave
Guest
Nice post Michael B -- you have a productive thread going here.
Forget about harry, he's become a total bore and likes to post his model results after someone else makes a nice call on the market. But for some reason he has to drum up business for his subscription model
ESL,
Actually, Harry's work intrigues me. So please do not take this the wrong way. Thank you for the kind words, and I have wondered often what harry says and his motives, but I thought it was my problem.
Michael B.
Actually, Harry's work intrigues me. So please do not take this the wrong way. Thank you for the kind words, and I have wondered often what harry says and his motives, but I thought it was my problem.
Michael B.
Quote from EatShootLeave:
Nice post Michael B -- you have a productive thread going here.
Forget about harry, he's become a total bore and likes to post his model results after someone else makes a nice call on the market. But for some reason he has to drum up business for his subscription model
I didn't talk about your motives ???!!!! You pretend that some people told you it wasn't cama so I'm talking about these people. Why did they pretend that it was different from Cama ? They are liars if they pretend that and so why do they lie ?
See there I go again. I am sorry Harry. I misunderstood.
Michael B. (embarrassed)
P.S. I don't even know what cama's equation is. Does anybody? Does it matter? If a subscriber to cama gets the SAME numbers by using mathematics to reverse engineer does it really matter? I think we are talking semantics here Harry. This conspiracy stuff and motives is far to frustrating for me. I do not want to concentrate on my own fears and others to further a point. I forgot to mention, I AM HERE TO MAKE MONEY TOO. So don't let me fool anybody with my honorable intentions. I just think that both can be accompished legally and ethically without cheating and by trading ones own money and helping others FREE. AND NO I AM NOT WOODIE OR SOME WANNABE GURU...PLEEEASSSE. (disclaimer: all proceeds from my trades go to a charity....I love her very much that wifey of mine
)
Michael B. (embarrassed)
P.S. I don't even know what cama's equation is. Does anybody? Does it matter? If a subscriber to cama gets the SAME numbers by using mathematics to reverse engineer does it really matter? I think we are talking semantics here Harry. This conspiracy stuff and motives is far to frustrating for me. I do not want to concentrate on my own fears and others to further a point. I forgot to mention, I AM HERE TO MAKE MONEY TOO. So don't let me fool anybody with my honorable intentions. I just think that both can be accompished legally and ethically without cheating and by trading ones own money and helping others FREE. AND NO I AM NOT WOODIE OR SOME WANNABE GURU...PLEEEASSSE. (disclaimer: all proceeds from my trades go to a charity....I love her very much that wifey of mine
)My broker just announced MIT orders will be arriving soon.
This is sometime the order type of preference for system traders that have relyed on triggers for their backtesting results. By using MIT they can get a closer "match" to their hypothetical results.
I have been using limit orders and stop orders for each side of the bracket. THERE IS SLIPPAGE ON THE YM.
Could somebody comment on the order type MIT and its use in the YM.
Michael B.
This is sometime the order type of preference for system traders that have relyed on triggers for their backtesting results. By using MIT they can get a closer "match" to their hypothetical results.
I have been using limit orders and stop orders for each side of the bracket. THERE IS SLIPPAGE ON THE YM.
Could somebody comment on the order type MIT and its use in the YM.
Michael B.
Michael,
I'm new here as a poster, but been here a long time. therefore I'll only put forth a quick nickles worth. MIT orders in YM could set you up to be an unwilling Bag-Holder just enough times per month to wash out all your hard earned profits! Just my Humble comment on your question! By the way, Great thread.
I'm new here as a poster, but been here a long time. therefore I'll only put forth a quick nickles worth. MIT orders in YM could set you up to be an unwilling Bag-Holder just enough times per month to wash out all your hard earned profits! Just my Humble comment on your question! By the way, Great thread.