Discretionary trading attitude

[CanOz]

Lets please keep this thread on topic and avoid it denigrating into a slanging match.

Too right, so many times these threads get started and allot of valuable gems come out. So keep the personal attacks out of it and we'll all learn something new.

CanOz

 

[explod]

Ya still haven't walked the walk with this idea yet. When do you reckon we will see some stats?

Good one T/H,

don't' worry about what tech is doing just give us some of your trades. Even just post up two or three and we can all follow the action together. Market seems to be going back up again so perhaps tomorrow would be a good time for you to start.

G/B we could have your own special thread for it.

 

[Gringotts Bank]

Lol...GB, c'mon, your just winding them up now. How could expect TH to take up your challenge when he's built he's whole career trading index futures? Why do you think are are so few really successful equity traders in Australia?



CanOz

If I have a strength, I can read people very easily. There was never even a slim chance that either TH or tech would accept the challenge. The personal risk was far too high. Pride would have taken a major blow if they had either 1). lost or 2). lost money over the course of the challenge. Personally, I couldn't care less about losing a challenge like that, so I had a small edge already.

However, the reason for the challenge was not for me to win or lose, but to watch what happens when good traders like TH get put under pressure, and I'm pretty sure he would have crumbled. Douglas describes 4 main fears, two of the main ones being losing money and being wrong. I have a fear of losing a trade, but being wrong is of almost no concern to me. The two musketeers might not fear losing a trade but they fear public humiliation of being wrong on a forum such as this. So it would have been a close competition and very interesting, I think.

 

[CanOz]

If I have a strength, I can read people very easily. There was never even a slim chance that either TH or tech would accept the challenge. The personal risk was far too high. Pride would have taken a major blow if they had either 1). lost or 2). lost money over the course of the challenge. Personally, I couldn't care less about losing a challenge like that, so I had a small edge already.

However, the reason for the challenge was not for me to win or lose, but to watch what happens when good traders like TH get put under pressure, and I'm pretty sure he would have crumbled. Douglas describes 4 main fears, two of the main ones being losing money and being wrong. I have a fear of losing a trade, but being wrong is of almost no concern to me. The two musketeers might not fear losing a trade but they fear public humiliation of being wrong on a forum such as this. So it would have been a close competition and very interesting, I think.

I don't think there has been anything on the thread that could possibly lead you to believe that. TH said no problem, with futures. Realistically GB You couldn't:

A.) Fund an account to cover enough margin
B.) Afford to trade against him

Or

C.) hope to be profitable in time before retires

I don't think (m)any on here could. Even without understanding your ability, wealth, or resolve. He has an advantage that you simply don't have. He's got access to the cheapest brokerage, tons of leverage, a direct connection to the exchange, and the benefit of 10,000 plus hours.

Oh, and the confidence to use all that.

CanOz

 

[Gringotts Bank]

I don't think there has been anything on the thread that could possibly lead you to believe that. TH said no problem, with futures. Realistically GB You couldn't:

A.) Fund an account to cover enough margin
B.) Afford to trade against him

Or

C.) hope to be profitable in time before retires

I don't think (m)any on here could. Even without understanding your ability, wealth, or resolve. He has an advantage that you simply don't have. He's got access to the cheapest brokerage, tons of leverage, a direct connection to the exchange, and the benefit of 10,000 plus hours.

Oh, and the confidence to use all that.

CanOz

Right on. That's why I suggested a level playing field. Aussie stocks.

 

[prawn_86]

Right on. That's why I suggested a level playing field. Aussie stocks.

I still dont quite get the challenge then if this is the case. Isn't that like asking a cricketer and a golfer to see who is best at soccer? What's the point?

 

[CanOz]

Right on. That's why I suggested a level playing field. Aussie stocks.

Oh come on, that would be like a cyclist taking up a challenge from a free diver...so far apart they're almost not related.

Why would anyone do that?

That's like asking Tech to agree to trade intra-day using the depth of market and no charts.

CanOz

 

[Trembling Hand]

Right on. That's why I suggested a level playing field. Aussie stocks.

Its pretty clear you are delusional. Why would I waste my time paper trading random stocks with random entries that I have no system for and no edge. It would be a coin toss. I wouldn't lose credibility cause I don't claim that I can just "think up" results unlike you.

How would that have anything to do with my WHOLE argument? That its ALL about developed expertise.

 

[Gringotts Bank]

Both futures and Aussie stocks have the same 3 variables, price volume and time. Both have depth, both can be represented visually on a chart. Just price, volume and time.

 

[Gringotts Bank]

Its pretty clear you are delusional. Why would I waste my time paper trading random stocks with random entries that I have no system for and no edge. It would be a coin toss. I wouldn't lose credibility cause I don't claim that I can just "think up" results unlike you.

How would that have anything to do with my WHOLE argument? That its ALL about developed expertise.

Now you need a system to trade from? Oh ok, earlier today you were a discretionary trader. Make up your mind.

 

[Trembling Hand]

Both futures and Aussie stocks have the same 3 variables, price volume and time. Both have depth, both can be represented visually on a chart. Just price, volume and time.

Its clear you don't know anything applicable about trading, thats why you cannot make a cent. When you grow up and start trading with money come back and talk.

 

[CanOz]

:frown:Well GB, here's to the end of what could have been a great thread.

By for now everyone, my moderation skills have been exhausted.


CanOZ

 

[Gringotts Bank]

TH you said recently on another thread that you had eventually found a way to code what was a discretionary futures system. You said that previously you didn't have the coding skills to test what you were doing. That means you started with discretion and thought about system afterwards. Nothing wrong with that, except now you're saying you won't accept my aussie stock challenge because because you haven't identified a systematic edge first. Lots of excuses is what I'm seeing.

Man up.

 

[Trembling Hand]

TH you said recently on another thread that you had eventually found a way to code what was a discretionary futures system. You said that previously you didn't have the coding skills to test what you were doing. That means you started with discretion and thought about system afterwards. Nothing wrong with that, except now you're saying you won't accept my aussie stock challenge because because you haven't identified a systematic edge first. Lots of excuses is what I'm seeing.

Man up.

I will no longer be commenting GB. I don't know why I would waste so much time listening to a delussion joker who has never made any money.


We have never seen a statement from you with 100 trades EVER. Its clear why.

 

[tech/a]

There was never even a slim chance that either TH or tech would accept the challenge.

For Christmas sake.

I traded Live for 6 yrs and its still there.

Ive been trading with PAV for 2.5 mths
helping him turn from loss to profit. Private mail him
and see how hes going We've exchanged 87 emails so the trading
has been brisk--still going.---yeh hes in profit--well in profit.

Enjoy your journey---it will be a long one.
My last post on this topic as well.

 

[Gringotts Bank]

I will no longer be commenting GB. I don't know why I would waste so much time listening to a delussion joker who has never made any money.


We have never seen a statement from you with 100 trades EVER. Its clear why.

You waste time because deep down you're afraid I'm right. That's why you can't let it go. You're like a dog with a bone.

You trade a system except that you don't...except sometimes after the fact when you've learned how to code your discretionary system into a mechanical one! LOL :

 

[Gringotts Bank]

For Christmas sake.

I traded Live for 6 yrs and its still there.

Ive been trading with PAV for 2.5 mths
helping him turn from loss to profit. Private mail him
and see how hes going We've exchanged 87 emails so the trading
has been brisk--still going.---yeh hes in profit--well in profit.

Enjoy your journey---it will be a long one.
My last post on this topic as well.

You backed down. I'm sure you can find a way to rationalize that, like TH. You backed out of the challenge. All hot air and feathers.

 

[CanOz]

You're just being inflammatory now.GB, not to mention bloody childish.

Thread dead.

 

[explod]

You backed down. I'm sure you can find a way to rationalize that, like TH. You backed out of the challenge. All hot air and feathers.

tech has the points on the board, if you have not checked back on those threads that contain the evidence then you are the one of hot air and feathers.

In fact I cannot see a spot for you to hang your hat in one post today. The unsubstantiated criticism from you ought to see you given some time out from ASF to think about it.

In my very humble opinion of course.

 

[Gringotts Bank]

ok ok, let's just examine the method of tech and TH.

They trash anything they don't understand. They bully, they bulldoze and they are ****ing arrogant. They do it on every thread. On this one, they come in like union officials, bulldozing and trashing a book that neither of them have read.

So I think to myself, hmmm. here they go again...how about a challenge, and both of them run a mile, scared. That's the definition of a bully....and a puss.y.

Now it would be different if their logic held up, but it doesn't. It falls over at every turn.

Then canoz, the biased moderator comes in and closes it down. Clear who his mates are.