Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

mea

Members
  • Content Count

    39
  • Joined

  • Last visited

Everything posted by mea

  1. That's one my goals. Also, my main consideration is to "give back" as well as hopefully, turn the majority into the minority. Everyone has the ability within to be a genius in some aspect, it just has to be brought out. Additionally, everyone knows the old saying regarding something for free. Therefore, I'm left with no other recourse, but to make people earn it, by answering the questions themselves. Thus, it will be priceless to them. Lastly, there is the old trading saying, "those that can trade do and those that cannot teach". Well, I'm not here to teach, just give information. Its the reader's job to teach themselves.
  2. My quote and comment indicate, I was replying to the original poster's question, not any other comments herein. So, why did you make such a comment? Perhaps you might have misssed the main thrust of my comment?
  3. I never said frequency was a "FACT", you implied it and ASSUMED such. "A TRUE market EDGE is the exploitation of a PROVEN FACT, not an unproven opinion or theory nor possibility or degree of probability". So, what FACTS do know about the market to exploit? If you don't know any facts to exploit, Then, your just a temporary liquidity provider to the market like the majority are, and that's unfortunate for you and them. However, I would to thank you for providing your liquidity.
  4. Do I stick to my plan 100% of the time? I don't have a choice but to! As market analysis, when building strategies based upon MARKET FACTS (not opinions, theories, possibilities and degrees of probability) for ALL market conditions one may encounter, has answered EVERY question of ANY possibility which would occur within any given trade. That's what I truly COMPLETE trading plan accomplishes! Which can be accomplished both manually as well as automated. However, with an automated system to accomplish the same, would require not only a Ph.D, but the budget of the NSA as well! LOL You said you know trader's that interfere with their systems. Well, that's a perfect example of an INCOMPLETE trading plan/strategy for a given trade! They haven't answered ALL the questions required for EVERY possibility for a given trade. It appears we are getting off the topic of the original poster. Also, my intent of posting was to "give back". Therefore, I will start a new thread explaining all the details of what a truly complete trading plan/strategy entails, but don't expect it to be completed until the weekend, as since I do COMPLETE trading plan mentally, I'm really burned out by the end of the day!
  5. One of the main reasons trader's fail is the fact they trade opinions, possibilities and degrees of probability. Instead of trading FACTS and the exploitation thereof.
  6. Crash Monday? Perhaps, but Unlikely. Who cares, just trade it. We are trader's right? not investors.
  7. You can answer your own question by testing. Most importantly, build strategies around FACTS, not possibilities and degrees of probability.
  8. If a trader has a truely COMPLETE trading plan. Then, there is no emotion involved at all in trading and discipline aspect is taken care of as well.
  9. Have you tried connecting your cable modem ethernet line directly to your computer and thereby bypassing the router? Thus, if problem still exists, at least you know the router isn't causing it. Also, if you try this test, turn the power off to both the computer and modem, and after connecting the ethernet line to your computer, turn the power on to the cable modem first, wait til all normal lights are on. Then, power the computer back on. At least that how my system requires it to be done. Your cable modem type and provider as well as their system reboot requirements may require a different way (reverse prior instructions) to reboot the system correctly.
  10. Dogpile, Thank you for your example and all your help throughout this discussion. I hope someday, I can do the same in return. Mark
  11. Please refer to answers section. QUOTE=TRex;18596]There is one flaw in the trade like a casino theory. Casinos have a build in mathetical edge--a pure irrefutable, statistical advantage over the player on EVERY decision. Answer: Correct, and so can trading. The very best professional traders can profit on 80% of their trades, but those trades or setups if you will, can fail at any time and cease to perform as they did in the past due to an adjustement in market behavior. Answer: Correct, and the "edge" or advantage a trader can have is knowing a particular strategy will not be correct in the changing "market behavior" which was proved by science and capitalize on it by utilizing a correct strategy for the market conditions at hand. just witness the increase in volitity in August. Answer: Which means, different market conditions require various strategies which have to be matched to the market conditions. The market annihilated the pivot and S/R traders as no levels were respected by the market. Answer: Which is a sign of changing market conditions and you better have a successful strategy for it or stay on the side lines. Regardless if one is a quant or discretionary trader, the "science" failed. Answer: No, the science was applied incorrectly. Meaning, the person who analyzed the market conditions correctly and applied a correct strategy for said market conditions wins, and the person who failed to analyze correctly lost. Why, because it really wasn't science in the first place. It may have been high probability trading, but it is not and never will be an edge like a casino. Answer: Science has proven it can be exactly like a casino analogy, if the science is applied correctly. Just as casinos pay out a small portion of there winnings to the public. So can a trader, hedge fund, investment bank, mutual fund etc. win most of the time and give back very little to the market. Again, if the science is applied correctly. So, the casinos don't have this issue. Their "market conditions" never change and the odds on their games remain constant on EVERY single roll of the dice, spin of the wheel, or turn of the cards Answer: Correct. And, the secret to trading by science is the ability to recognize the changing market conditions and apply the correct strategy for it My posting to you is not to argue or offend you. Rather, quite the opposite. Meaning, to have you as well as all others reading this think "outside the box" and possibly add to your trading arsenal. Also, I have reviewed your site and was able to determine some of your methods, which are valid and I wish you the best in your endeavor. Mark
  12. Quote by Dogpile I don't think you can ever say, the 'science' failed. strategies fail, science does not. for every strategy that fails, there was a strategy that faded the failed strategy. the strategy that worked was based on good assumptions (the science), the strategy that didn't work was based on only a perception of science (bad assumptions). Exactly, Thank you.
  13. Plesase refer to answers sections. Answer: Incorrect, science has proven trading can and should be scientific. In conclusion, art as a method of trading, is guessing and gambling. I don't do either. Thus, I never gamble at casinos. As the odds are in the houses favor, unless your a professional gambler with a scientifically proven "edge" or advantage over them. Hence, the reason a choose to trade, as I'm the house, and the odds are in my favor which were proven scientifically.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.