You guys REALLY need to be more analytical like me...

Once you find a system, the hard part is having the discipline to follow it.

Not at all, because discipline comes naturally when you KNOW (from the backtest) that your purely mechanical trading system is highly profitable.

The most undisciplined traders are always the ones who have no clue what they are doing.
 
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The so called logic and analytical skills are overrated. Both in the market and in real life. You just cannot know everything, every single variable. The latter means there is no such thing as truly sound logic but an illusion, an assumption.
 
The so called logic and analytical skills are overrated. Both in the market and in real life. You just cannot know everything, every single variable. The latter means there is no such thing as truly sound logic but an illusion, an assumption.

you only need to focus on the important variables.
 
Why is there so much touchey-feeley emotional female talk on this forum? Threads like "When is the obvious not so obvious" and "Traders say trading ain't what it used to be".

Stop that goofy shiat. Do you think you are really going to find any way to beat the market by creating those threads? Do you think somebody is going to give you some great pearl of truth in those threads?

I got news for you.... NOT GOING TO HAPPEN.

You guys need to more analytical like me. Download Excel. Download stock, fund, futures, currency, option or whatever prices you can get off finance.yahoo.com in Excel format and START TESTING. Or whatever your backtesting program/method of choice is. Try and find some REAL alpha.

You are not a female, and this is not AA. We are not here to console you emotionally because you haven't made it, haven't found any alpha. We are here to, when you DO find something via your backtesting, to sign off on whether we think it might be legit or whether it was instead a fluke, like curve-fitting, not enough data to provide a proper test size, you missed this other important piece of data, etc. etc.

Cut the emotional crap women and GET TESTING like I do!!!

P.S., do NOT bring up GME. That was probably the only time in my life when I made a trade/investment just for shiats and giggles, WITHOUT logic, discipline, and testing, and it bit me in the arse. Learn from that as I have.

you are the worlds foremost expert on calculating internal rates of return.
 
you only need to focus on the important variables.

The seemingly not important variables make or brake wealth. Not a fan of the sassy Lebanese guy but Black Swan / Antifragile is a must for most young traders/investors. Way to many things considered common knowledge are not that common anymore. A lot of them are replaced by "logic".

Whatever... do your magic.
 
Funny OP and actually true. Probably going to elicit some hurt feelings, though. In the sense that markets are predictable, so are people. Even EliteTraders. LOL. :)
 
Why is there so much touchey-feeley emotional female talk on this forum? Threads like "When is the obvious not so obvious" and "Traders say trading ain't what it used to be".

Stop that goofy shiat. Do you think you are really going to find any way to beat the market by creating those threads? Do you think somebody is going to give you some great pearl of truth in those threads?

I got news for you.... NOT GOING TO HAPPEN.

You guys need to more analytical like me. Download Excel. Download stock, fund, futures, currency, option or whatever prices you can get off finance.yahoo.com in Excel format and START TESTING. Or whatever your backtesting program/method of choice is. Try and find some REAL alpha.

You are not a female, and this is not AA. We are not here to console you emotionally because you haven't made it, haven't found any alpha. We are here to, when you DO find something via your backtesting, to sign off on whether we think it might be legit or whether it was instead a fluke, like curve-fitting, not enough data to provide a proper test size, you missed this other important piece of data, etc. etc.

Cut the emotional crap women and GET TESTING like I do!!!

P.S., do NOT bring up GME. That was probably the only time in my life when I made a trade/investment just for shiats and giggles, WITHOUT logic, discipline, and testing, and it bit me in the arse. Learn from that as I have.

You don't like women very much, do you?

There are plenty of useless threads and informations online in this shallow social media infested world. This is one of them.
 
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The seemingly not important variables make or brake wealth. Not a fan of the sassy Lebanese guy but Black Swan / Antifragile is a must for most young traders/investors. Way to many things considered common knowledge are not that common anymore. A lot of them are replaced by "logic".

Whatever... do your magic.



The important variables are what determine your wealth. Look at your life. I bet you have 2 or 3 decision points that would have or actually have defined your wealth today.

for taleb it was probably figuring out that writing books was more profitable than actually buying those tiny options.
 
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