Gekko78

Humbled, You obviously did not read my entire post I said NOT COUNTING THIS THREAD. Your postings are that of someone willing to learn , I have not seen you come out and just say "give me a system" You are willing to learn where most are not and just want all the info handed right to them without putting in the work. I have spent the last 8 years researching, studying and developing my own system and I will be dammed if I just hand it over to someone just because they haven't made money for like 6 months or a year. I apologize if I offended you as I was not talking about you specifically rather others not willing to learn.

There sure are a lot of these "Help" threads popping up lately. Not counting this thread , as there has been some really good info on this thread, The OP's of these threads should go back and change the titles to reflect what they are really asking: PLEASE DO THE WORK FOR ME

I am writing a thesis about human emotion and how it plays a role in the financial markets. This is the perfect thread .......my whole project is right here. An abundance of great information shared by others in this thread. Humbled : Failure is only defeat once you stop trying.

Glad I could help you mend a relationship. This thread is now successful.

Using that logic then everything could be considered a system. Throwing darts at a board randomly can be considered a system. No there is no complexity with it. What happens when it does not do what you want, or what you would like, or think should happen? Well I never think the market "should" do anything . If I get in and it goes south my stop gets hit and I am out .....done move on to the next one. What happens if x,y,z happens? What if it does? What if Venus crosses the center of the Milky way when price hits my target? The trade either works out or it doesn't what happens if a string of losses occur? Then a string of losses occur. Big deal. I have already looked at a few years of data to see how it played out and it looks fine to me.The problem with many traders is that because there method fails a few times they give up. Not a good idea. what happens if the regime/market mood changes? That's an emotional game which I do not play. That stuff does not matter to me. The trade will either present itself or not. Market mood does not concern me. There is always a bit more complexity than meets the eye No, actually there is not . People tend to complicate things are are quite simple. IMHO the simplest systems usually go great guns in particular markets or situations....and then they blow up. Guess we will find out. I highly doubt it though as the same strategy has been used by by floor traders for decades ( according to him) whats the simplest system of them all - look at a chart and buy if it appears like it going up, sell if it appears like it going down. Maybe you should try this out and see. I would be willing to wager that it probably would produce pretty good results.

I do not take anything personally , I don't know you. You keep thinking you can quantify human emotions. The Black/Scholes guys could not do it and I believe they were pretty smart guys. But hey maybe you can do it. Maybe you will be the guy who can use math to tell you what I am thinking.

I am still here because I keep getting emails about this post so I will continue to post on here until others stop. Yes there is a C under my name which I put there. If you actually hover over it you would notice that is says "Publisher" . I chose to put that there because I write articles for a website. I wanted to be as transparent as possible on here so I figured by putting that C there I was doing the right thing. I do not sell anything or offer any services for an monetary value. I just write articles and trade , that's it. The C does not always mean that you are selling something..........jumping to conclusions again without proper research.

I agree with you here. This thread had nothing to do with and strategy actually , it kind of morphed that way. I mentioned something about it but that was it just a mention. By no means am I stating that I figured anything out , in fact I figured out nothing someone showed me something. I take credit for nothing. I also have never made any claims that I am making great money. I said I am making what I need to make. That number will be different for everyone. I also agree with you about methods working differently for everyone. In fact as I was reading your post about your friend and the coding I was immediately turned off because of the word coding. I follow price and that's it so that method probably would not work for me even though it works great for him. Every person is different and their emotional reactions will be different to every situation , that is why the trader told me this about systems: " People are always trying to quantify the market , it cannot be done. You cannot quantify human emotions. Decisions are not black and white. Decisions fall in the grey area. Black and white can be quantified but grey cannot"

What if the method is not complex? What if it is a simple as buy here , sell here done. what then? I understand what you are saying and I agree. I guess I would have hoped the intelligence level of people responding would have been a bit higher. I have no problem with intelligent and rational debating of topics in fact, I enjoy it. However, the way that most people respond to posts is not that way. I get it though , naysayers nay. That's what they do . Failures are failures for a reason. They do not like it when others succeed around them because it makes them look like a failure even more, so they subconsciously try and bring you down to their level.

I suppose you are right . There is no need to ridicule people on here , they tend to do it to themselves anyway.

What details do you want exactly? You want the strategy? You want account statements? You want screenshots? What details are you asking for ? Does not matter anyway. I have seen conversations like this where someone asks for an account statement proving they are successful Statement is produced only to hear" That could be photo shopped" Provide a screenshot and you will hear " Those are cherry picked trades after the fact" Provide the strategy and you will hear " After running through XYZ backtesting and algo testing , this strategy is not viable long term" as if math is the answer. I planned on not sharing it with anyone. I shared it wither her because I happen to talk to her and she told me what a hard time financially she was having due to her ex not paying her the support he was supposed to. She was not even aware that I trade. I felt bad so I told her. I am sure I am not the only one that the floor trader told about this strategy. He told me most of them still use it now and it was shown to him back in the 80's. Most people think the market has changed , it hasn't only you have changed the market is the same which is why it still works and I am sure it will continue to work for many years, I am not special I just happened to be in the right place at the right time.

The main reason I titled the articles this was that a method that was shown to me , which I have been using for about 3 months , by a professional floor trader is so ridiculously simple it's disgusting. I took him all of about 4 minutes to explain it to me. I said " That's it?" He said " Yep , guys like us use don't use indicators, lines or or anything you can purchase other than what is required by your broker, we do not have charts on the floor , we have price and that is it" It requires nothing other than what is already provided with Ninja trader( or any other broker) You do not need to buy the chart trader package either. There is no need for it. The free edition works perfectly. Does it work 100% of the time? Nope , does not need to. I have only shared it with one other person. A single mom with 3 kids who I have known for about 10 years . She is now supplementing her income for what her dead beat ex is not paying her. I sell nothing , offer nothing and promise nothing. We agree to disagree . When you are ready to admit I was right you know how to contact me .

Ah tisk tisk, yet another shark coming out of the water. I love the misquotes. Yes I did post about trading one contract(glad to see you read it) which was a long time ago. It was just a thought I had after talking with someone who was just starting. That is what a forum is right>? A place to share ideas? I do not recall saying that I make a living trading one contract. I said that there is nothing wrong with trading one contract and supplementing income for whatever one chooses to use it for. Yep there are successful traders out there making a decent living and supporting their families but I doubt they reside on this site anywhere. I am sure that professional traders who make really good money cannot wait until they get home so they can jump on this site and post!! I guess it depends on what you consider a decent living that will be different for everyone. Missed? You do not even know me , why would you or anyone miss me? I left this site a while back because the caliber of most ( not all , there are a few good people on here) is really quite sad. I have seen the jackals chase away some good ones. I forgot about this site until last week when I received an email about an old thread that I had posted in a while back. So I figured I would give it another try but , unfortunately they let anyone with an email address register for these sites. I get it , web owners need to pay bills to. Thanks again for reading my posts , it lets me know you care

Well that didn't take long. Less than 5 days before the chicken hawks came over. You would think I would have learned my lesson the last time I posted on this site. Obviously Mr. Market Wizard sir , you do not understand simplicity for which it was intended in that post. If you find the term bid and offer complicating then you should just stop trading entirely( if you actually trade or perhaps you claim to) Those are so basic it is sickening. One man’s “simplicity” is another man’s “noise” That's the problem , there is no such thing as noise. It all has relevance. But its fine. I guess I will take the road that many have before me on this site and refrain from posting and find a new home .It is a shame to , I remember when this site actually had something to offer and now it seems it is full of people who cannot trade but try and teach others how to as if they know and who wait for new posts to go up only to shoot them down as best they can. I had stayed away from this site because this same thing happened a long time ago. I had hoped maybe some better people found their way here but , no. They give the title of "market wizard" to anyone just because they post a lot regardless of whether it is nonsense or something of value. Lesson Learned Good luck to everyone.

Simplicity , in my terms , has nothing to do with loss avoidance or anything like that. It simply refers to people who feel that indicators or anything like them will give them an edge. They try to complicate a ham sandwich (the market) instead of accepting it for what it really is : an auction.. the market is not to far away from ebay if you actually take it for what it is: You have a seller with his offer You have people who are offering to buy at a certain price ( bid) and will not go higher. You have people who do not care what price is they just have to have the thing so they "BUY IT NOW" same as a market order. You have spoofing on ebay and bid retracting just like the financial markets. Stop trying to complicate a ham sandwich.