Lets please keep this thread on topic and avoid it denigrating into a slanging match.
Ya still haven't walked the walk with this idea yet. When do you reckon we will see some stats?
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.
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.
Right on. That's why I suggested a level playing field. Aussie stocks.
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.
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.
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.
There was never even a slim chance that either TH or tech would accept the challenge.
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.
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.
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