Exactly. There's no way disciplined and systematic long term investment in fundamentally good company stock could work these days, since WB's...
Warren Buffet was a VERY LUCKY PERSON. He worked hard to find an edge and develop it into a trading/investing/risk management plan, and followed...
I heard they have black helicopters. (The kind that don't make an audible sound.)
Lefty, congratulations on your winning trade today. However, please keep in mind that as you sleep, especially since you just posted a chart...
Spike, I think your golf analogy mis-represents the actual situation. Let me apply the EMH to golf and maybe you will understand. The Pro...
I've been thinking about this for some time now and I'm really going to have to reconsider my position on trend trading and the Efficient Market...
How do you guys feel after a bad beat, vs. after some bad trading luck? Why does it hurt to lose so much more in poker?? :confused: Now I...
Nik, since you have a good NL money game, I don't understand why you don't play it on Lev 1-2 in the SNGs?
How do you guys feel after a bad beat, vs. after some bad trading luck? Bad beats kill me, while I can laugh off bad trading luck. I don't...
What he and others are saying is that while there is no set of rules that can satisfy your demand, trend following is still a valid concept. So...
Ain't that funny?? Something I have noticed-- many highly intelligent non-traders, especially those who have suffered losses, require and...
Lefty is the real deal and he's also a very helpful person. Not only is he a great trader but he shares his knowledge with others.
Here's what to do: (1) Write down the important preconditions for the current price. It could be something that happens once you're in a...
For those interested in making money, and not imposing their model on the market, I'm re-posting Bundlemaker's answer...
Pete's Hypothesis: As the number of pages in the thread reaches double digits, the discussion must converge on AT LEAST one of these three...
I want to point out that both methods of activation/deactivation in this thread (gaussian/MC) work just as well for mechanical or discretionary...
Since you know what the distribution looks like, just compare the distributions directly (what you are getting and what you backtested). The...
Every trading methodology is subject to a certain amount of losses. MM is making sure you have enough money so that you can keep trading despite...
I don't know, but you can lose all your money in a 70/30 environment if your money management sucks. I think that's the point.
The market has not yet pissed on my cheerios, so to speak, so I have no experience with this. I suppose I'll do what Eric does, keep an eye on...
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