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zdo

Market Wizard
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Everything posted by zdo

  1. If you are already retired, the options I see are > 1) ‘learn’ how to hedge your portfolio with leveraged instruments > 2) go back to ‘work’ > 3) become a trader Discussion, Re: 1) you will find a whole ‘school’ of the ‘voice of trading’ telling you that you have very low probability of pulling that off. They are correct. However it’s my opinion you also have low probability of consistently controlling the bleeding any better than your ‘professional’ has done. So, ... Re 2) this is not a recommendation “to get a regular job”! Focus on something truly meaningful to you ( ... that also has the potential to let you ‘outrun’ the system this time around )... see Robot Check Disclosure: I have not read this book or even his articles promoting his ideas re ‘work’ , ‘gig economy’ etc etc... However, I do read his posts re broad economy, etc. and generally respect his perspectives ... his blog today is even on point to your situation Of Two Minds - The Illusion of Safety: Index Funds Are Not Low-Risk Re 3) you already got a fire in your belly for trading? If not, forget about this one. The people you’re going up against in trading want to take your funds even more viciously than the ‘system’ does... Re all three) In all three of these options you will be required to ‘recreate yourself’ - of course in different ways for each - but still !!! >>> In all three of these options you will be required to ‘recreate yourself’... you will have to make significant changes and ‘grow’... Keeping it real ...Not trying to discourage you... I have friends and acquaintances who have tried one (or more) of these options. Got the 'blow by blow' for several of them... One - a retired dentist - did all three (in reverse order) . To begin with, (imo) he had started with too much new house in tiburon for retirement and lived too lavishly the first few years... and also he had been switching / shifting his portfolio to 'safety' far too early during the final years in his practice... He enthusiastically traded for a few years . Was smart enough not to blow up. Instead he did it the slow painful way ... via way less than stellar returns( ie one acceptable year... the rest in red -8% to - 20% ranges per year. ) He next taught dentistry part time - but adjuncts get screwed plus he “got burned out on driving to the city”... Finally he scaled back the leverage (except for the hedging) and attempted to manage his own holdings hank pruden style. Had 'acceptable' ie lackluster results... but at least he was 'back in control' (ie How do you spell 'denile'? ) hth
  2. Keith Weiner for more, see https://monetary-metals.com/introduction-to-the-monetary-metals-supply-and-demand-report/ "The acceptance of ideas comes in ‘epidemics’" zdo btw bobc you get out your long yet ? as discussed a couple weeks ago I started building (over)hedge short today... 5% on... with relatively tight stops... would like to enter most of the position MM style / via weakness / stops / responsively...
  3. re: one answer is: Brandon SmithThe U.S. Is At The Center Of The Global Economic Meltdown
  4. "In this work, we address the determinants governing spreading misinformation through a thorough quantitative analysis." ... Do you accept or resist the following dominant narrative? “US is the “only stable economy by comparison” and the rest of the world (mainly China) is a poison to our otherwise exemplary financial health.” Sorry. folks, the days of simply blowing it off / staying neutral / wisheywashing back in forth in between or in the middle are over - so Choose! gold is outrageously priced! $1000 + for an ounce of the stuff ??? come on systemically ever thang is ok ? :helloooo: zdo ps bobc. I must have not put enough winks in that post ... next time more than 8... maybe 12 and btw re Gold and Index correlation... I've been trading both of them since the mid/late 80's and to me the only times that correlation ever seemed really tradable soon after the opening was from '94 to ~ '99 ... funny what we see and then don't see... funny what we've seen and forgot we saw... funny what we saw and don't see anymore and still think we do...
  5. ... most likely they both used the same video production company... which maybe specialized in trading education products... :haha: If you were forced to choose btwn these two shysters, and the shared wall left you in a ‘low information’ * bind - I’d advise you to go with LW. * https://en.wikipedia.org/wiki/Low-information_rationality
  6. ;);) Bobc, Don’t you ever EVER post (or respond to) a Rand oriented/centric comment in this thread again!! It is just too threatening to too many denial systems here in the USSA. Hope and change you understand. zdo ;);)
  7. You* should short paper gold. You should not read these references. Stop here. Of Two Minds - Another Reason Why the Middle Class and the Velocity of Money Are in Terminal Decline Daniel Amerman Daniel Amerman US Regulators Mandate Next Stage Of Textbook Financial Repression by Daniel Amerman *talking to You! ... Not to Bob. Bob is long. :rofl:
  8. grass, The Lectin Sensitive Gene: Cannabanoid Receptor 1 Genes (CNR1, rs1049353) | Selfhacked :rofl: jk ... couldn't resist ... and re: What is a salepag?
  9. re: this upswing (aka “dead cat bounce”) been wrong before but I’m thinking it may take 2-3 weeks to put in the top on this upswing... Anyways, that’s how I’m planning any initiating short entries to put heavy hedge back on... Meanwhile, reactive/responsive short entries to put heavy hedge back on stops are riding below on a climbing curved line* ... bad link changing the subject to AU? or BtC? considerations https://bitcoinmagazine.com/articles/the-rand-corporation-report-national-security-implications-of-virtual-currency-1452528204 *sorry dbp, but for trading I can fathom ‘drawing’ a straight line even less now than ever... straight lines are wetware regressions on the data of ragged reality ... precariously close - nope, over the line - to fitting into any definition of an indicator ... yet indicators are something you've spent a lot of time and energy fighting over the years )
  10. Dear Congress and Dear Americans. I can’t believe you haven’t seen what I’ve been up to these last seven years. It staggers me, frankly. What’s wrong with you? Are you all on drugs? Don’t answer that. First and foremost, I’ve been busy expanding a permanent underclass which is wholly dependent on the government. That’s my job. When I took over in 2009, the number one issue in America was unemployment. Remember? I side-stepped that right away. Are you kidding? I never intended to solve the problem. Why would I? Instead, I focused on Obamacare, which has turned into the most unwieldy national health insurance program in the world. But listen. That was no accident. Do you really think I couldn’t foresee what a disaster Obamacare would be? Do you think I’m that dense? Of course I knew. The Plan was set up that way. It was designed to be a catastrophe. Why, you ask? Because I wanted yet another program that would demoralize and entangle you, the American people. Many of you won’t believe that. So be it. Demoralization and entanglement was my strategy. It wasn’t a byproduct. It’s an operation—just as exacerbating the racial divide in America is an operation. You don’t think I know what’s happening in that regard? Open borders, creating ISIS and then attacking it, purposely stimulating waves of immigrants coming out of Syria—these are a few of the operations designed to confuse, depress, and demoralize our society, in addition to attaining certain geo-political and economic objectives. Get with it. Come on. Do you really think I’m unaware that open borders will put an overwhelming strain on the US economy? Everyone with a few active brain cells knows that. Forget the “studies” and the media propaganda. It’s an obvious as the nose on your face. I was put in the White House to make things worse. There are no accidents. If you look past our fiddling with unemployment figures, you’ll see a glint of truth. We want to keep jobs out of America. What do you think these trade treaties are all about? We want to send more jobs overseas. I’m not some “embattled” President seeking to save the soul of America. I’m here to create demoralization and chaos. I’m an agent. An agent of what? Well, why do you think I went into a full-on ass-biting panic a few months ago, when it looked like one of those Globalist trade treaties, the Trans-Pacific Partnership [TPP], was on the verge of rejection? I work for the Rockefeller Globalists. Brzezinski was my tutor after I won my first election in 2008. He’s David Rockefeller’s intellectual flunky. They weren’t going to accept any excuses, if I couldn’t get the TPP ratified. Those boys don’t play patty-cake. What does Globalism want with America? Again, please wake up and smell the decaying roses. Globalism wants to cut America down to size. Why? Because the coming global management system needs a weakened American empire. People have been talking about that for several decades. Apparently, you’ve been too busy watching CSI and Seinfeld reruns. Wow. I mean, really. And guns? Please! Gangs and terrorists can only get their weapons from licensed dealers? Have you heard me say or do anything compelling about gangs in America? Of course not. Gangs help keep large sections of inner cities in a state of fear. Gangs help maintain a permanent underclass. And that class is obviously dependent on government. Here’s a clue for you. Which is worse, the takeover of a small federal building in Oregon or the thousands of ongoing shootings in Chicago? If I really wanted to do something about gun violence, where do you think I’d focus my efforts? You people have bought the big lie about “unintended consequences.” I don’t have any of those. What I do is geared to produce certain results, and what I do works. I’m not a doofus sitting in the Oval Office. Look at my Presidency or any US Presidency as a conscious effort to make certain things happen. What happens was planned. It’s simple. I don’t wake up in the morning and say, “My God, how did that occur?” I say, “Good, my plan is working.” You’re the most naïve bunch of folks I’ve ever come across. You really are. Were you raised on rainbows and marshmallows? Did you actually buy my empty Hope and Change promise? Don’t bother answering. We all know you did. If you look one thin layer under the surface, you’ll see I’m not the first black President or the first true Idealist President or the first post-racial President. I’m another Globalist President, and my bosses are happy with my work. I’m getting gold stars on the blackboard. Or the white board for you hyper-sensitive types. Speaking of which, the whole political correctness-language deal is another op. It’s coordinated with open borders to keep critics’ mouths shut. Racist this and racist that. We want to shut you up and keep you quiet. Our media people and academic people are doing a pretty good job. And the “curtailment of free speech” is an unintended consequence? Jesus. Come on. You’ve been eating too much sugar and taking too many pills. Here’s a beautiful example of your naïve loony-bird faith. Remember, during my first campaign for President, when I gave a nudge and a wink to all you folks about GMO food? I intimated that I’d be an ally against Monsanto. And then I went ahead and let more new GMO crops in the door than any previous President had. I appointed a whole raft of ex-Monsanto people to key posts in my administration. And you thought that was because I wasn’t paying attention? I was distracted by other issues? It was an accident? I’m still laughing about that one. I have to laugh, because otherwise I’d cry at how goofy you are—how unable you are to see what I’m really up to. And I want you to see, because goddammit, I don’t intend to go down in history as a doofus amateur President. I’m a professional. My Globalist over-bosses saw that. They had faith in me. They knew I could make the grade. They knew I could implement an agenda, come hell or high water. And this brings me to the second big question we as a country have to answer: how do we reignite that spirit of innovation to meet our biggest challenges? Sixty years ago, when the Russians beat us into space, we didn’t deny Sputnik was up there. We didn’t argue about the science, or shrink our research and development budget. We built a space program almost overnight, and twelve years later, we were walking on the moon. So what we’re going to do is burden entrepenural startups with so much crap it simply is not worth it. We are going to keep the tax structure such that it will drive currently thriving businesses off shore. The State of the Union is bad, because it’s supposed to be. The middle class shrinking, widespread unemployment, the exporting of jobs overseas, the expansion of the permanent underclass, demoralization, rising debt, funding of terrorists like ISIS, gangs, drugs, the widening racial divide, open borders, and so on. But tonight, I want to go easy on the traditional list of proposals for the year ahead. Don’t worry, I’ve got plenty, from helping students learn to write computer code to personalizing medical treatments for patients. And I will keep pushing for progress on the work that I believe still needs to be done: fixing a immigration system that still has some remaining vestiges of legal sanctions for those who enter without following procedures, protecting our kids from gun violence like we have in Chicago, equal pay for equal work, paid leave, raising the minimum wage. The Globalist plan is to eventually erase all national borders and have every “nation” composed of a diverse un-melting pot—one seething planet under one global management system, with giant corporations roaming free across the world like the predators they are. That’s just a brief sketch. And I’ve been doing my part for the past seven years. With TPP, China does not set the rules in that region, the Globalist does. We want to show our strength in this new century? Approve this agreement, give us the tools to enforce it. It’s the right thing to do. Let me give you another example. Fifty years of isolating Cuba had failed to promote socialism in Latin America. Venezuela alone has been solidly compliant in that regard. That’s why we restored diplomatic relations, opened the door to travel and commerce, positioned ourselves to improve one global management system I’m a key figure in a titanic takeover plan. See that, recognize that. You want to know the only difference between Bush and me? He’s a Globalist, too, but he represented a faction of neocons who want the US to be the cowboy Globalist boss. I want the shared international solution. It’s a better idea. And my bosses know that. Now, listen up. There are some issues you think Presidents aren’t aware of. You think we don’t have time to explore them. That’s our straight con, because we don’t want you know we’re keeping track. For example, the expansion of mental-health treatment. After Sandy Hook, I announced a new program to establish community mental-health clinics across America, and just weeks ago I ruled that doctors are now cops. That was a good one. Doctors can now report patients who have mental disorders. They can report them so those patients can’t own guns. Well, guess how many Americans the government claims are living with mental disorders? Are you ready? 42 million. Wow. Psychiatry and psychiatric drugs, which are highly toxic—that’s a plan. That isn’t an accident. Diagnose more and more Americans with mental disorders, including children and even toddlers, and dose them with the drugs. Talk about reducing the function of society—wow. More severe adverse drug effects, more disability, more severe neurological impacts. That’s a real winner. Bush thought so. Clinton thought so. And so do I. Do you really believe I’m unaware of this? What fools these citizens be. Hey, I’m the President. I get briefings. I’m informed, okay? I know what’s going on. I’ve got big Pharma friends. Haven’t you ever heard the phrase, “Rockefeller Medicine?” Taking down America further is part of my job description. And it turns out I’m really good at doing it. I’m getting straight A’s. Let me make this point: I wasn’t specifically hired as President to promote Islam. As with our creation of ISIL>, the idea was to enlist proxies, people who would spread chaos and destabilize societies and countries. The formula is as old as history. Invent chaos and then bring in top-down order like a hammer. Never heard of it? Get your face out of your cell phone. This is the basis of most covert ops. Am I going too fast for you? ISIL will learn the same lessons as terrorists before them. That lesson is you can commit any act of terror you want, in any mall you want. Moving right along, I, like Presidents before me, have a “no-ceiling” approach. Can you guess what that means? You can’t, because mainstream news isn’t supposed to bring it up and air it. It’s taboo. For example, when it comes to the federal debt and the number of illegal immigrants coming into America, there is no limit. No ceiling. We behave as if no-ceiling will never become a problem, when in fact it’s a growing disaster. Cute, right? We never say, “Well, when we reach this number, that’s the end, we can’t go any farther.” We never say that or bring it up or discuss it. Why would we? We want to sink America, and no-ceiling is a proper strategy for that purpose. Can you see that? Or are you too addled to notice it? Think of open borders as a flood. And we get most people to say it’s a wonderful flood and a generous and humanitarian flood. Of course, we don’t really mean that. But “generous” and “kind” and “humanitarian” are pushed like huge tanks out into the street, as politically correct expressions. These terms become heavily hypnotic. And all you good little boys and girls, who want to be known as kind and generous, go along. Hey. Don’t you think I know about mind control and propaganda? Again, I’m the President who keeps his promises of audacious executive action. I’ve been trained. I’m not a babe in the woods. You’re the babes. Get it? Now, to prove how smart I am, I want to wander off the reservation and tell you something I’ve figured out on my own. Listen up. It has to do with giant corporations, who are, of course, the leading edge of economic conquest of the planet, according to the Globalist plan. It’s corporations; and banks who invent money out of thin air, all the way into the New Future. But, see, these corporations are heading for a serious crack-up. You know why? Because something else is part of the Globalist plan: increasing poverty all over the world. Yes. Understand that. Do you think we want to make populations more prosperous and independent? Are you kidding? And with the whole climate-change racket, we’re aiming for lowered energy production from the North Pole to Tierra del Fuego. This means that, world-wide, poverty will increase further and the consumer base will shrink and shrink. Therefore, those mega-corporations will have fewer and fewer people they can sell their products to. Meaning: vastly diminishing profits. Bang. Pow. Disaster. I worked all this out on a cocktail napkin while Beyonce and Sting were putting on a concert at the White House. Anyway, when this crisis really kicks in, I’ll be out of it. I’ll be living in a mansion far from the madding crowd. If things go according to plan, I’ll be watching the new integration of the Middle East, after it’s been ripped up by engineered chaos. An awesome international force will be on the scene, clamping down. Overseeing the oil. And maybe, after I leave office, I’ll be able to act out one of my fantasies. You want to know what it is? I’m all decked out in military gear, from head to toe, with a face shield and helmet hiding my identity. I’m standing in a line of militarized cops, fully armed, against some citizen protest in the street of a major US city—next to George W and Bill C, in their gear, too. Heavy. Either that, or I’m holed up in my mansion-compound, as the FBI and Homeland Security come to arrest me for some vague offense I committed during my Presidency. I’m toting a shotgun, two pistols, and I’m wearing a string of WW2 grenades. I’m in shorts and a ratty undershirt, an NFL game is on the tube, and I’ve got a six-pack of Coors in a cooler by my feet. An American flag is flying from the roof, and I’ve got five thousand copies of the Constitution in my garage. If I go down, I go down. But don’t tread on me. Wouldn’t that be fun? Wouldn’t that be a kick? I’ve always wanted to be one of those guys. Not part of any organization or plan, but instead a heroic loner going up against the forces of repression. Needless to say, I never got that during my time in office. I was an agent. I agreed to front for the Big Boys. But just between you and me, I always thought about being a patriot. The last time I looked, roughly one out of nine Americans was working for some level of government. That’s pretty astonishing, when you stop and think about it. Do you see where we’re heading? How do you like the idea of millions and millions of people shoving computer files around, enforcing mountains of rules and regulations and spying on each other? I mean, how do you like that as the major and preeminent work of society? Talk about demoralization. Talk about pettiness. Talk about a population educated to be unfit for any kind of meaningful work, and instead whining and complaining and multiplying the number of rules everyone has to adhere to—as a form of psychological revenge—all taking place in the most prosperous country in the world. Talk about a successful op. I’ve been a central actor in that stage play for the past seven years, and I’m grateful I’ve had the opportunity. Because, if I can’t live out what I really want, maybe I too want revenge. It operates at all levels. While I’m letting you peek at a few secrets, here is another one. The Individual is dying out. In one sense, that’s exactly what I’m pushing for. But at the same time, like every American, I feel the impact of it. When people sense their individuality is slipping away, they start boiling. They do all sorts of crazy things. They say all sorts of crazy things. Do you see what I’m getting at? They turn a corner and want to destroy all individuals, because they themselves are going down the drain. Now, if we were a truly courageous people, we would do everything in our power to reinstate The Individual as the highest ideal. Not just abstractly, but in reality. We would take on all the forces that want to make us into a homogenized mass, and we would reject those forces. The free and independent and powerful and creative individual would become our relentless goal. What a revolution that would be. That would be a thing worth fighting for. Yes? But when most of us make a sober assessment of where we are as a nation, we decide such a revolution is impossible. It’s too late in the game. So we start to make all sorts of excuses and rationalizations, in order to explain our, what shall I call it, cowardice. And that’s when a person like me shows up, and takes on the mantle of Leader. That’s my cue to perform. That’s my moment. It’s my job to keep moving down that track, to keep pulling the population with me, into a grand Collective Glob. Make no mistake about it, I wanted that job. I still do. If I’m going to be a major actor, what else can I do? And yet I know other things, things that occasionally come to me in dreams in the night. They’re disturbing glimpses, but they’re also exalting. There I am, and there you are, on some stormy height, above the fray. We’re looking at an open future that, despite all odds, is open and unwritten. Our foul and decaying despair and phony cynicism are blowing away in the wind. We offload all our…smallness, and for the first time we see great gestures and great action. Individual action, apart from any group or government. I tell you this, because I’m in the final stretch. I oppose everything I see in those dreams of mine. But I wanted you to know I’m capable of being more than I am, in the same way that you are. I wanted to put that on the record, even as I work for the destruction of this country, even as I work for the destruction of the free and independent and powerful individual. Does that make me crazy? Does that make you crazy? Do you know how many people in America have given up hope in themselves and joined the stupefying Collective? Do you know how intensely they hide what they know about themselves, and to what lengths they will go to keep hiding it? It’s an enormous fraud. But it’s my fraud. I’ve enlisted in the tide of history. That is where you will find me. I’ve made my decision. What about you? Have you made yours? In any case, you’re on your own. Once upon a time, a few people saw that as a cause for celebration. Good night, America. Good night, I’m gone. Soon I’m cashing in my chips and flying to my new mansion. I’m one more individual who ascended the heights and then devoted his efforts to pushing other individuals down into the collectivist swamp. That’s what I did. I’m one more President who took up that sword. Nothing very unusual. But I did it well. Somewhere deep in my soul, just like you, just like everyone, I once saw a vision of the free and powerful and uncompromised and creative Individual. I had that vision of the greatest possibility in the world, and I buried it, and moved on. And now I move along a little further. I’m in a long, long line of leaders who have tried to put you in the jaws of the lion. Thank you, God bless you, and God bless the United States of America.
  11. I understand... and ... I do see a reason. Reason: (perceived) golden C / vendor abuses start fights, etc etc and run a surprising number of users off from trading forums like TL,... and traffic on TL is currently ‘sub optimal’... putting it nicely/to say the least... btw if you didn’t have a golden C accompanying your posts’ contents and phrasing, I wouldn’t have said a word. ... YevhenShynkarenko, not after you personally at all... hope you find something profitable... Let’s keep it simple - If you post code in this sub forum (and ask for help in developing it (or not)) - that’s fine. If you don’t post code - then get out Easy for you to move the whole conversation to the Technical Analysis sub forum Wishing you all the best, zdo
  12. Subtitle = Please take PM’s lower... much lower. As ya’ll know by now - I call all that dollar centric, fiat bull Ever be squeezin an already squeezed lemon? There is more..., but... “...a strong, good looking trend... under the surface is becoming the weakest trend...” zdo Bottom line / the point of this post (...even though ‘charts’ do look weak ie slightly probable it really is on a “dead cat bounce” now ) I personally feel quite comfortable being on the long side of this mess... in light of > how just a tiny shift in the collective ‘narratives’ could drop this fkn PM bear dead in its tracks...and in light of > that buying PM’s at any ‘now’ is never really calling a bottom - if you can get beyond USD bull centric... > and ...beyond ‘valuating’ it... > beyond... (paraphasing CHSmith) A meltdown of China's phantom wealth triggers a meltdown in global phantom assets > beyond... > beyond... > to ‘price insensitive’ ... Finally - energy , copper, FiaX, etc ... have been such easier / preferable shorts for me over the last n months... and since early Nov. 15 been having big, fun time “calling tops”mm in indexes (yep thought I remembered an post about it... http://www.traderslaboratory.com/forums/market-analysis/12054-gold-bullish-bearish-219.html#post200321) ... ie many better places to leverage dollars for returns now than short PM’s. ... long PM’s is a good place to be... “We project in straight lines, when reality is cyclical. “ Harry Dent Pretty Soon Chancellor Merkel Won't Be So Popular
  13. sun, Actually the poster was just making a call based on ‘economic’ narratives ... and was doing no better or worse at disclosing planned holding period / time frame than any of the rest of us - including you
  14. re “zdo has said some kind words here” jpennyb, my words were sarcastic - not kind. To clarify - I find nothing wrong with the concepts themselves... Have backtested stuff like this until the cows came home. ...and I have nothing at all against vendors either. I wish them all the best. However, running Golden C promotions on the Coding Forum sub forum crosses a forum ethics line. This Coding Forum sub forum is only for those who are sharing code with everyone. clearly not what he is doing ... in his own words he continues This means the topic should have been started in the Technical Analysis sub forum ... and this conversation should be moved there now ... (more traffic there btw )From there, an appropriate transition to the Commercial Content sub forum could be made for “how to get those enter points to all people a little bit later” ... or this could get “very funny” - NOT!
  15. Peeps, take jpennybag’s advice “Be real... get real... work it out on your own. Don't consider too much the ways of "super traders".” If you need to read about other ‘successful’ traders for inspiration - best to take that as a sign you are in trouble and your intentions in this business may be misguided... If you have to learn the really important, crucial parts of trading from someone else - it’s likely you will never really learn them well enough to implement consistently ... Whether you make it as a trader or not depends on you and your purposes and virtues SO SO MUCH more than what you could ever learn from other traders. Then how you apply what you have learned on your own or ( if rare and lucky - see below) have been taught is much more important than what you have learned or have been taught. What you develop will be ultimately on your own - sometimes with some help from others if you’re lucky... And, if you’re one of those rare, ‘lucky’ ones - also be reminded you may have significant and difficult unlearning to do from the shaping you got from your model(s) . Further, how you trade after you leave their tutelage may end up having no semblance to what they taught you... yep, I hear it now from the voice of trading -"but man, that's all part of the process" ----- to which I scream WRONG PROCESS! :helloooo: The ‘voice of trading’ has been publishing biographies / profiles of clusters of au currant ‘trading wizards’ for almost 30 years now. Thousands and thousands of aspiring traders bought and studied these publications. How many “super traders” were created directly from all those studies? I think the answer is 1. If it’s more than 3 or 4 (out of all those thousands and thousands and thousands), I would be surprised. However, with all that said - a tiny few are lucky enough to find the right ‘placement’ with a genuinely appropriate model. But, of that small sample, the few that excel knew what they were doing before arrival and deepened their understanding of areas they were already proficient at. Beginners are wasting their time with ‘models’. ... and inappropriate ‘models’ will likely screw you up badly - all the while having the best of intentions. In trading, it’s far best to learn from others only after you know exactly what you need to learn. So Instead of a trying to leverage the wisdom from a cornucopia of “super traders” , instead of studying the frkn encyclopedia, a small number of ‘student’s find the right model and narrow focus, work for, take guidance from , and learn from a single “super trader” with similar perceptual modes, etc. This way has, at least, produced more than 1 of these 'super traders'... btw, analyst75, I’m not questioning your objectives or trying to discourage you. ... just suggesting you question your presuppositions about ‘models’ for traders. have a great weekend all zdo
  16. I downloaded and installed your code from this thread. It is fabulous. No full explanation is needed. Best free code on the market - at any price! Thx.
  17. I remember back in 2029... /// https://www.psychologytoday.com/blog/annals-the-emotions/201601/depressed-and-looking-forward-the-end-the-world
  18. analyst75, Are you sure studying all of these successful traders - hoping to glean something from each of these models - is a great idea? I thought this post / book referral was about getting to the ‘super trader’ level. If you’re already there, reading about all of them might help you improve more ... but to get there - It's better, in my experiences observing and assisting other traders, to id one or two successful traders that have perceptual mapping and trading approach that is very similar to your own, optimize the ‘transmit’ from them... and ignore - no, eschew - all the rest. zdo "The main purpose of the stock market is to make fools of as many men as possible." Bernard Baruch “Don’t fight forces. Use them.” Buckminster Fuller "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one." Charles Mackay
  19. are you being facetious? Actually - being long physicals (silver and or gold via long term ratio trade) and over-hedging short with paperpm's can make you some very pretty dimes... 2 birds 1.1 stone "you used to call me on my cell phone" https://www.youtube.com/watch?v=Eqwnm-NEd4k
  20. bold, stupid, button pushing new yr posting... for snicks... PM charts still look like they ‘want to’ go down more... certainly don’t quite look ready to soar but after I’ve got the EUR trying to turn up, at least bounce, in the next 1-3 weeks ... which correlates bullish PM’s over last few years "buy and sell"... "sell and buy" "The market is filled with individuals who know the price of everything, but the value of nothing." ~ Philip Fisher Cvltvral marxizm https://www.youtube.com/watch?v=dYu6qhd88_M&feature=player_embedded (An atheist’s view of) the Crusades ( )
  21. I have an old friend who also has long favored / does best with simple, large paper charts. After years of doing it by hand on graph paper, he bought an 'old' / used plotter from a local engineering firm and had a programmer write code that programmically adds each day’s plot to his ~ 48” X 36” paper chart... cool ... hth
  22. MM, I understand. ...indeed the center, a space between fringe and pablum, does get narrower and narrower...but don’t knock my fringin if all you can do is stay right smak up in the middle of the pablum... : razzin: you, bro ... jk... really... ... maybe I should have skimmed the article more better before posting the link... Seriously now... (well as seriously as I can muster) --- overall PM ‘usage’ demand is flat. The demand he is discussing in the article is about the demand of the (for now wacko) wealth preservation nuts for physicals ... “ It’s always about timing. If it’s too soon, no one understands. If it’s too late, everyone has forgotten." – Anna Wintour And btw, the ‘supply’ you consistently reference across your posts in this thread is paper supply. You’re almost sure to go HATIN me on this ‘manipulation’ aspect ... but When was the most recent authentic price discovery in silver? The last tick -- or -- 30 years ago? I’m almost positive your perspective is solidly ‘last tick’ and it most likely will stay that way until you get beyond the USD purchasing power of AU ... “ how prices have dropped...” ...beyond ... initially, to what AU is currently doing in relation to global ( composite ) fiat last 1... 2 yrs (... and what this is doing to local production costs for mines, etc... ) to ’policy debt’ ---> efforts to delay the ‘pain’ ... the growing number of seemingly strong, but actually fragile, tyrannies in ungovernable countries... choked economies ...sovereign defaults... jubilees... blow offs...etc... coming to a year near you... ...then on to at least a more general historical and projective study of AU’s purchasing power of realty, objects, services, consumables, etc. ... Then on to... "For, dear me, why abandon a belief merely because it ceases to be true? Cling to it long enough, and not a doubt it will turn true again, for so it goes. Most of the change we think we see in life is due to truths being in and out of favor." – Robert Frost, “The Black Cottage” mm Want some more ::razzn:?  When you are ready “to redefine several notions” , then ... 30 years ago... https://www.sprottmoney.com/blog/thirty-years-of-zero-price-discovery-in-silver-jeff-nielson.html ... granted - much of each person’s perspective will be influenced by the decade(s) in which he or she accumulated PM’s... or didn’t ... zdo PS I never post good links How Western Bankers SERVE Precious Metals Holders | Zero Hedge INFOGRAPHIC: Keynesian vs. Austrian Economics Quid Technology | The humans behind the intelligence The Invitation By Oriah Mountain Dreamer, Famous Inspirational Poem http://phys.org/news/2015-12-team-reprograms-social-behavior-carpenter.html
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