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zdo

Market Wizard
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Everything posted by zdo

  1. Maybe it's just me, but it seems OP is conspiciously absent from 'normal' participation in the conversation... Has he taken a powder and are we just steroking ourselves now?
  2. Thanks. The first and third sentence is a better way of saying my mantra to noobies "Find your own way!" zdo. I would suggest though that the "jumping from one form to another at initial learning stages" is actually adaptive in the long run and only becomes a "waste" of effort if one doesn't mature past that phase. Within the '10,000 hours' model, Steenbargar produced a pretty well researched article about how this stage integrates and synergizes the development of exellence. I personally wouldn't trade anything for my early "jumping" days...
  3. https://passportira.infusionsoft.com/go/unleash/dv raw pessimism has a smell 30 Signs That The U.S. Economy Is About To Go Into The Toilet - BlackListedNews.com fake fixing it has some smells too The Obama Tax Plan: Is Barack Obama Plotting To Use Class Warfare As A Tool To Win The 2012 Election? - BlackListedNews.com wide disparity in constructs of what makes an ‘economy’ work (and, by inference, what an ‘economy’ is )… see phd vs p. schiff parts [ame=http://www.youtube.com/watch?v=FLmD9TeUC54]9/13/2011 (1 of 2) Peter Schiff Testimony Before Congress On Jobs Committee - YouTube[/ame] lie meter alert – when you (and you will) hear politicians or talking heads describe the debt issue in terms of the “last decade” or “since the 90’s” or even “since the 80’s” – watch out! Why Debt Levels are So High | Steve Saville | Safehaven.com uh oh - someone doesn’t buy into business’s uncertainty and regulatory overreach excuse… and… twist and shout coming to a fed near you News Headlines that cow smell? … you didn't already make arrangements?… rtn to top? Turning Milk Cows into Beef Cows | Jeff Berwick | Safehaven.com
  4. Test drive a free OANDA demo account Learn more -> Thanks to Tyler Durden Just one question - "citizens" of what?
  5. Gosu, ok let’s take it out in the “bush” then To attempt to exclude the irrational is “nonsensical“ and to advise someone to do it is past “bush”. To attempt to exclude the irrational is irrational… … the rest of the post is excellent. I didn’t make a fake compliment. It wasn’t a real compliment either. It was a note to OP to be wary of that first sentence but not to throw out the good parts because of the opening sentence. re ‘tweak’ Wasn’t questioning your credibility either. In your very first posts on TL you talked about bullshitting just for the fun of it if you wanted to, but subsequent posts have more than belied that early attitude… so why would I put ignore on good posts? … the ‘feeling challenged’ is all yours… I’m only going after that first sentence - period.
  6. tangentally related to the 'randomness'... http://jonathankinlay.com/index.php/2011/09/measuring-toxic-flow-for-trading-risk-management/
  7. tomerok That’s not enough capital. Not enough staying power. Not enough sizing flexibility. Also, did you just skip making a powerful,categorical statement about the strength and robustness of your edges? “I paper traded daily on futures for the last six month, i used the time for educate myself..... mainly blogs, forums and books.” didn’t jump off the page at me confirming you’re ready with edges For the sake of brevity, did you also leave out comment on your ‘mental and virtues capital’ ? All that said – and here is the worstest advice ever – Go for it! Why are you even asking us? … and no, I’m not being flippant. Other posters have noted that you really don’t know what you’re getting into… so that 10k may ultimately be the best way to really find out. Maybe loosely ‘keep’ that $300 a day goal, but realize that unless you are an experienced savant, averaging more than 0.5% a day day trading is really an exception. As a beginner you may be able to pull off runs of many days doing that, but that you and reality will also find ways to thwart yourself for days on end – until you learn ways to genuinely re-structure adversity… etc. But, re daily goal, from other angles, that $ per day figure might be the most self limiting decision you ever make... ie Realist goals.... NOT. Gosu’s post was actually an excellent post, except for the first sentence “My advice is to focus on being rational at all times and avoiding irrationality”. In the real world, this is the equivalent of something like “My advice is to focus on keeping your heart beating at all times and avoiding breathing” So, to demonstrate and ‘dance’ with the irrational some - contrary to what Gosu said, I would not advise seeking ongoing guidance from someone who has succeeded from a something similar starting place. If you happened to be lucky enough to find such a person, just because they did it, and they KNOW it can be done - does not raise the odds that they will believe you can do it and truly enable you. Most of those who have done it have also witnessed sharper, faster, more talented traders not be able to pull it off. As the other gets to know you, s/he will more likely find impressions to doubt that you can do it – even though social mores would press them to act as if they did believe in you... would most likely ultimately end up being a detriment instead of an asset… Again, why are you asking us? Wishing you all the best. zdo
  8. This is not new news but - part of his upcoming media supported facade of 'turning to the middle' will likely be acts congruent with Top Democratic Strategist: Obama Will Lose the Election Unless He Prosecutes Wall Street Fraud and Fires His Crony Capitalist Advisers ...But where will he find replacement 'workers'* more competent than the 'leaders' he'll have to fire? Maybe he won't fire anyone, just add more positions and move them all around, etc? * (yes 'workers' not workers - there aren't that many good 'workers' around ... and he can't risk hiring many workers - culture clashes, fights, moral conflicts, what not...) re his Crony Capitalist Advisors - They'll have to just change some titles... he could 'fire' some of the underlings, but many of them were placed there to supervise him... so he can't fire 'them' ... he is their's ie he literally belongs to them
  9. Traders Laboratory You ignore this thread cause I'm biassed? Well, please just tolerate a few more jabs at the Criminal in Chief, then I go after some dam republicrats Obama: 'I'd like to work my way around Congress' | Campaign 2012
  10. http://twitter.com/#!/AttackWatch … Obama’s more immediate re-election ‘must do’ is an (apparent) hard right turn to the middle. Don't be fooled, though... It’s impending… coming to many video bites and speeches near you. Promises of regulation rollbacks, spending reductions, less biased comments about the middle east, etc. ... but he just won't be able to control his jibber jabbering about the 'middle class families', and 'workers' and 'job creation' ... (one more time - any politician (from either 'side') who utiltizes the concept of 'job creation' is LYING! ) Anyways, he’ll never get to soundin’ like Barrack Hussein O’Bachman of course… and we will have to lay off the Sanskrit translator and hire one from eastern Europe…
  11. .59 cent commissions The crux of Obama’s campaign speeches since the kickoff speech to Congress is - “we have plenty of jobs to be done, we have plenty of workers to do them… (if you love me) help me pass my jobs bill” Sanskrit translation - ‘We’ have plenty of jobs that we need done. We have plenty of potential socialists to do them. Now pass this bill so ‘we’ can tax and borrow to pay for it… Revealing that every green, etc corporation he uses for an arena in these campaign speeches is still shipping more jobs overseas than they are hiring domestically... guess donations are more important than truth...
  12. Do or Die, If you have time, please explain how you see >going away from a 'mean' >coming back to a 'mean' as regimes? thx zdo
  13. Can you handle volatility when it changes? Find out -> The ( not so unthinkable as we would like ) way Obama will be re-elected --- Warning: Perfect storm conditions now in place for Big Government to allow (or even stage) terrorism attacks in America ...every department staging for it's own 'flag' - hm .. found this barely on topic part of the article quite interesting... NLP at work - embedded action-command language In Obama's Jobs Speech, How Many Times Did He Say 'Pass the Bill'? -- VIDEO - Theresa Poulson - NationalJournal.com "...and if you don't pass this bill, you are against us and should not be (re)elected" Coming to a campaign speech near you...
  14. :haha: go to reputation.com preface Stupid Politician Monkeys - Casey Research WHO IS going to pay for it anyway? The Cost Of Obama's Stimulus Plan: $312,500 Per Job (Vote) Created Or Saved (And Guess Who Is Paying It) | ZeroHedge tricks They Want A “United States Of Europe” But They Are Going To Need A Massive Financial Crisis In Order To Get It
  15. MMS, Suggestion - In the Trading Resources section Just under The Marketplace forum, place a Products and Services forum That’s their spot. Advise vendors to be very careful how they allude / link back to their product or service in other forums and threads. From there, users can question their character, challenge them to produce performance history, question the voracity of their approach, question how they apply their methods, and all the other things 'vendor questioners/haters’ and 'rescuers' do. Only allow bashing by non vendors to report promises broken, but allow users pretty free reign in the new forum … the vendors can always go sign up with reputation.com :rofl: Most of those who are really interested in the product or service would also be wise to require the vendor to do the ‘closing’ back and forth, etc. right there in the forum for all to see. Vendors could then initiate and join conversations elsewhere and make valuable contributions to actual topics and techniques where they want - with, hopefully, less topic robbing flack from the 'victims' and ‘rescuers’
  16. yap yap yap ... operative term is ' if '... some good relative strength / correlation / spread thoughts... Stocks/Commodities May Get Hammered If Dollar Rallies | Chris Ciovacco | Safehaven.com
  17. EURUSD ~10 in ~12 days … got a major chunk of this latest example of the theme of the thread… but left too much on the table messing around with it instead of just staying short outright … …’contrary’ note to self – EURJPY looking for a cycle bottom on the weekly… who knows if it will find it … odd note to self: question – did they peg the USD and JPY to each other Aug 1st? … and nobody told us? … bizarre note to self: question – what if all the sovereigns just pegged to the yuan? … reasonable note to self: question – how long before CHF peg fails?
  18. Precisely! "Find your own way!" zdo ...and then, when the 'student' is ready, the teachers will appear...really! ...'ready' comes out of the quality of questions and the directions in which they are directed. This whole thread is based on (hopefully pre-emptively) 'rescuing' 'victims' from exploitive vendors. But, no one needs rescued - actually, anything but the 'victim' rescuing himself is a waste of time!
  19. Trade Commision FREE for 30 Days and 30 Nights Mish does a much better job identifying the speech lies than I ever could... Mish's Global Economic Trend Analysis: Dissecting the Lies in Obama's $447 Billion "Shock-and-Awe" Reelection Ploy; Dead-on-Arrival in Congress? Alternative Proposal Will Not Cost a Dime
  20. Avarice, I understand what you're saying but " Profitability of a trading system is defined by your ability to press winners and to run fast in the face of adversity" is not a generalization. "Profitability of a trading system is defined by your ability to press winners and to run fast in the face of adversity " is highly system specific, made to appear to be a ubiquitous generalization by not explicitly identifying what kind of system... it's not a safe robust generalization ... zdo
  21. just a thought.. I haven't really 'tested' this observattion, but seems like over the years about half the time they are raising margins closer to the 'end' of volatility instead of at its 'beginning'...
  22. Yep, trading on your feet is an ‘edge’. My workstation desks are at about 40 inches with the monitor shelf at the back elevated enough to put the monitor centers just below eye level. Had them custom made. Also, long ago, bought a (way over priced at the time) tall custom ergonomic drafting chair from an outfit in Sausalito CA that is adjustable in almost any dimension. I keep the chair back far enough so that I have to stand up to get to a mouse… puts me on my feet most of the time in my trading sessions. Working on your feet will trigger some holistic adjustments and may require developing some strange habits – rocking, posture awareness, dancing, mini pacing, stretching, standing yoga postures, taking a knee , collapsing into fetal position , etc - but it sure is conducive to flow and pays off big time I considered (and tested a little bit) adjacent exercise machines but for me it was too ‘mindless’ and ‘splitting’… I choose to go away from desk to do healthful first body work… So re "I think that desks and chairs are ancient technology" Me too ...but I do still have a regular height desk and chair sort of caddy corner across the room... All the best zdo
  23. :rofl: I haven’t turned myself in to be chipped yet. So, some would label that alert going off inside you as paranoia. ‘Vendor’ is a developmental stage! Been there, done that. ‘Vendee’ is a developmental stage! Been there, done that – even more! I now ‘process’ with one (experienced) trader at a time, each for 3 – 18 months. No didn’t work with scg84. Have been on the phone with a couple members of TL and actually worked with one for a while ...it ended up being more on life than trading issues. He is a young and intense person who got at some clarity at his own truths and is no longer trading full time. Ironically, he had/has a great edge … go figure. Even though I do not charge for this work, there are untold costs and risks to the trader. There are also untold risks and costs associated with reading any of my forum posts :helloooo: …Haven’t experienced “giving us such a hard time” in here. Each vendor serves a relatively tiny niche. They cannot hurt you. If you get ripped off, you are ripping yourself off, not being exploited. I remain fairly neutral on ‘identifying’ them explicitly… have noted possible unintended consequences, etc. for doing it though. With threads like this you all may run all them dam vendors off – then see what happens on your forum… purity is also a tiny niche… much tinier than MMS would want I’m sure… :missy: adding me to the listing? Here you go - :haha: zdo / processing / priceless All the best...
  24. REAL TIME FROM $50 / MO FAST MARKET DATA Some EW idiot named Navigator… I’m wishing it were some ‘smart’ guy like BHObama saying that… What will I have in the back of my mind when I read the transcript of the jobs speech coming up tonight? * >Will the plan lead to more government involvement in ‘employment’ or less? To make it easier, I might be asking “What would Ron Paul do?” MSNBC distorts post-debate poll results to falsely depict Ron Paul as just barely winning >Will oBama say/do anything to really get gov’t out of the way or show he’s out of bed with his biggest backers – the ‘banksters’?” (Actually they aren’t backers – they own him) … and speaking of being owned - oh boy, did he ever pull one over on the ‘workers’ on his Labor Day speech(es – transcript of 2011’s virtually indistinguishable from 2010’s, etc hm ???). From the 2011 Labor Day speech “The union movement is going to be at the center of it”… “it” being this most beautiful ‘rebuilding’ (watch out for the code words!). The great ‘middle class’ he emphasized so often in his labor day speech(es) is the real target of his control urges – one of the major big tangled lies. Like, the ‘workers’ in Russia were promised pensions. Early ‘workers’ got them. Later ones didn’t. Obama’s ‘workers’ / labor are promised pensions in exchange for votes. Maybe somebody should tell them – the pensions of their young and middle age workers have no chance of ever being paid out. They are allowing themselves to be used (…and he might have had some trouble reconciling the ‘worker’ bullshit his grandparents taught him with the path his owners have him on now - were he not a narcissist. Narcisists just mentally polarize to one extreme and everyone else be damned…) Control of what? It started with the domestic auto industry, where they placed the ‘leadership’ of the workers ie labor unions in charge – temporarily. Next targets include, most likely, the energy industry and forced ‘organizing’ of the construction industry… no new project, private or public, will henceforth go forward unless it’s union. “vote note to self - must make it up to them for not getting ‘card check’ through when I had the chance…” > Oh, remember those 'shovel ready' jobs from the 2008 stimulus biglie-speeches? Shouldn't some of those 'shovel ready' jobs really be ready to go now? Those 43,000 new bureaucrat (voters ) hired for 'the program' should have all the paperwork for those projects done now and they should be ready to roll... first ads to go out - union organizers. Tonight, will he announce more jobs we can 'believe in'? >Will he propose anything to substantially change the ‘competiveness’, on a global level, of US tax code – so that structurally it becomes feasible to have some domestic production increase again, instead of exporting more jobs than even exist? > Will he 'rollback' some of the limiting regulations? ... at least until after the election? >Will he propose more job training programs? You know, the bloated multiple layers of ‘programs’ that at best, are just a plain old waste of money; and at worst, entitlement indoctrination camps – paid for by taking some of your time, life, money… (Speaking of your life, time, and money… There Are More Slaves Today Than At Any Point In Human History I personally now include the taxpayers of the US as slaves… For one, try getting out of the ‘slavery. As I have now paid the price and can speak with some authority, “getting out” is more expensive now than ever in the history of this country… and there a no underground railroads for us…) ... Some of the code words I'll be watching for "reasonable people" "infrastructure bank" - code for more debt. Hello, once in deficit all further spending is deficit spending "revenue" = taxes "middle class" ...there's more, but I've gone blank...Thought this little rant was going to be a break from some very intense trading...sorry it rambles... All the best, zdo *I’m sorry people, but I can not stand to watch a narcissist work… so I will do something else with my time than and read the transcript later…
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