The World according to Cartman

[tech/a]

I think his off the SIM now, and doing well live.

I would personally say, once your consistently profitable on the SIM, to flick it off and stay live unless you take a huge DD.

On that note, I bet Cartman makes more live trades, than 99.9% of people on this forum, perhaps something to think about!

I estimate ive now probably done 2,500 hours of screen time mainly on FX, but more importantly --- Ive been religiously on a Sim for 5-6 (sometimes 10) hours a day for several months ---- achieving pretty much an 80% strike rate for a while now ----

I'm not reading that?

Your pretty right with regard to those actually trading but would say its more likely that its those who consistantly trade year in year out.

I'm still rivetted and interested in the explainations you have asked for.

 

[togs]

Attempted translation 2: "Get the f**k out & 'go back to' 4chan"

Correct.

 

[beamstas]

i don't know what 4chan is but i got it off an email from a guy i work with

sorry ?

Brad

 

[MRC & Co]

I'm not reading that?

Your pretty right with regard to those actually trading but would say its more likely that its those who consistantly trade year in year out.

I'm still rivetted and interested in the explainations you have asked for.

Your not reading what?

What's more likely it's those who trade consistently year in and year out?

 

[tech/a]

Your not reading what?

What's more likely it's those who trade consistently year in and year out?

I think his off the SIM now, and doing well live.

That.

What's more likely it's those who trade consistently year in and year out?

The 5%

 

[MRC & Co]

Now that I have stated I have doubled an account in under 2 weeks I have suddenly been branded a self praising egotistical SOB ---

SIM $?

More likely than what tech, just more likely?

 

[Bobby]

I think his off the SIM now, and doing well live.

That.

What's more likely it's those who trade consistently year in and year out?

The 5%

Think he may surprise you as he moves in that direction

Most who follow Guru's end up in the 95% . :sheep:

Remember when you came tops in a technical trading course years ago & then blew $20,000 trying your new skills trading .
You quickly moved on from that Tech

The rhythm of short term market movements is what Cartman trades !~

 

[nunthewiser]

Most who follow Guru's end up in the 95% . :sheep:

AMEN! to above statement..........cant all be in the lucky 5% regardless of how many paid subscriptions you follow ......forgive the following as it wont appear on any newsletters or guru subscriptions .probably not even in ASF .BUT has found after years of listening to ppl in chat /forums /seminars /reports on courses then watching trades..... the simple fact IS . YOU EITHER GOT IT OR YOU DONT!........ seen ppl spend fortunes on learning ..... still cant turn a OVERALL profit year in year out . all they do is feed the m,arket........... HAS MET and seen ppl that have NO guruism training and just have plenny screen time and OWN teachings for OWN self and OWN ideas on them thoughts .that continue to outperform and blow to bits ANY market statistics and expectations .......

dunno bout you guys but 5% is a small number when you add up the ppl out there

which are you ?



i know where im at

 

[nunthewiser]

HEY Cartman ...........


thanks for providing a thread that we can post in without gettin shood along by the more egotistaical and snootier posters ......

takes allsorts of ppl to trade these markets and its good to voice something without someone whinging that ya blocking up there airspace because apparently there thoughts are worth more than yours


onya darl

 

[Wysiwyg]

AMEN! to above statement..........cant all be in the lucky 5%
dunno bout you guys but 5% is a small number when you add up the ppl out there

which are you ?

i know where im at

Assuming you consider yourself in the `so called` 5% category, could you post some of your trading expertise so as this can be verified?
That is assuming you trade at all .

 

[nunthewiser]

Assuming you consider yourself in the `so called` 5% category, could you post some of your trading expertise so as this can be verified?
That is assuming you trade at all .

my calls are in the forums with none of this hindsight bullsheet attached

or you could always come into the chatroom during market hours

i am not a "chart" posting person .never tried , never learnt

if you want broker statements i suppose you could come over and work out how to do it for me (as in putting on this screen), other than that ...... do i actually care what you think re my trading habits ?

like i said you may care to look or just join us in REALTIME trading chat where hindsight plays no part

again .... which are you ?

 

[nunthewiser]

Oh by the way wysiwyg


how about a few calls from you in real time / non hindsight ..... ?

 

[Bobby]

AMEN! to above statement..........cant all be in the lucky 5% regardless of how many paid subscriptions you follow ......forgive the following as it wont appear on any newsletters or guru subscriptions .probably not even in ASF .BUT has found after years of listening to ppl in chat /forums /seminars /reports on courses then watching trades..... the simple fact IS . YOU EITHER GOT IT OR YOU DONT!........ seen ppl spend fortunes on learning ..... still cant turn a OVERALL profit year in year out . all they do is feed the m,arket........... HAS MET and seen ppl that have NO guruism training and just have plenny screen time and OWN teachings for OWN self and OWN ideas on them thoughts .that continue to outperform and blow to bits ANY market statistics and expectations .......

dunno bout you guys but 5% is a small number when you add up the ppl out there

which are you ?



i know where im at

Yep its a sad reality of what happens to the herd .

WHO would sell secrets of best trading methods if they realy worked ??

 

[Wysiwyg]

Oh by the way wysiwyg


how about a few calls from you in real time / non hindsight ..... ?

My last two analyses were on the USD/JPY and spot gold price.

Both preceded considerable moves.I occasionally try scalping so I don`t often use 1 minute charts for price action analysis also darts is a low percentage game for me.

I`m also in the 95% category, have a nervous disorder, crippled by anxiety, numbed by fear and I`m afraid of the dark so am no competition against an elite trader.

Jab me next time I make a chart analysis and text presentation.

 

[nunthewiser]

My last two analyses were on the USD/JPY and spot gold price.

Both preceded considerable moves.I occasionally try scalping so I don`t often use 1 minute charts for price action analysis also darts is a low percentage game for me.

I`m also in the 95% category, have a nervous disorder, crippled by anxiety, numbed by fear and I`m afraid of the dark so am no competition against an elite trader.

Jab me next time I make a chart analysis and text presentation.

never claimed to be an elite trader . i have my good years and bad.... BUT overall i am infront and at the point where i will continue to be so........ is that viewed as wrong because i care not for following guru,s ?

dont know what your gripe is with me but to be honest i dont really care either .....

is it because i slagged off following gurus? or paying to follow?

i do not get your last line ?

keep on keeping on is all i got to say

have a niceday

 

[Naked shorts]

On that note, I bet Cartman makes more live trades, than 99.9% of people on this forum, perhaps something to think about!

Just because someone is trading live, doesn't mean they are better then someone who trades demo, imo, it is wrong to encourage/peer pressure people to trade live who really don't know what they are doing or aren't ready.

You are only going to lose money trading a live account, working on, testing and attempting different enhancements on your system.

Stormin Normin is a perfect example, he traded demo, then went live, did well, then lost money (blew up two accounts), went back to trading a demo account because he finally understood what its all about, enhanced & refined his trading system to improve his expectancy (this took about a year for him), and now, he is laughing.


p.s. Yes, I am at the stage of improving my expectancy, and I am doing it on a demo account.

 

[MRC & Co]

seen ppl spend fortunes on learning ..... still cant turn a OVERALL profit year in year out . all they do is feed the m,arket........... HAS MET and seen ppl that have NO guruism training and just have plenny screen time and OWN teachings for OWN self and OWN ideas on them thoughts .that continue to outperform and blow to bits ANY market statistics and expectations .......

.........................................? That must be impossible, nobody can do that, you have to learn triangle breakouts, Elliot Wave, perhaps even those famed retracement zones of that Fibo guy? Seriously nun, what you say it completely, and utterly, the truth from all I have seen too.

Market goes up, market goes down. You can interpret and create your own view of why and trade it based on any way you like, even develop your own system (aka Frank D), or you can try combine a heap of traditional analysis tools and find your own way to make them profitable, or you can simply jump from one method of analysis or system to another, always looking for that holy grail and simply have periods of success, but mostly just hand those hard earned $$$$ over to someone else.

Naked, my point is only that, after being profitable on SIM, you MUST do it live which brings about a completely different set of problems (emotions), so in that aspect, they are FAR better. Of course, if your doing SIM, making a packet, then go live and fail, you have to work out why and go back to SIM, but if your surviving live or even just loosing a little, then you should stay there and work on it in a complete and utter real-life environment. I highly doubt most people here do many live trades a month, or even in a year.

 

[Cartman]

........but a slight suggestion ......... lay off the dexies bro

--- r u one of my neighbours Nun?

You will succeed for the right reasons.

i think just setting realistic short term goals is the key ---- my original goal was to stop losing bucket loads of money lol --- (done that) ---- ive been lucky --- ive been able to sit in front of a computer for extended periods to learn ---- most people dont have that luxury ----

it's funny on this forum that most will think your crazy if you try and pick bottoms and tops, but I am with you, it's probably the best thing to do if you know what your looking for.

agree Mirc ----- first punters have to work out what time frame they like to trade in -------- short suits my situation ---- the pulse of the market is the momentum of the chart right at the coal face ---- its the only 'reliable' information to me ---- u gotta think in reverse sometimes -- eg ----
if yr gona short the Eur ---- where is the safest place/lowest risk to get in ---- at the last high of course --- doh!! --- just dont short it until the momentum has shifted otherwise u'll get crucified!!

TH popped up his head and started talking about fading patterns, where you can set ultra tight stops, know if your right or wrong instantly and hence, leverage up your position, since then, I will never look back!

great training exercise to try on FX as well ----- when there is an obvious trend up for eg ------ only allow yourself to take short trades (or opposite for longs) --- punters will learn more about the instrument in one night than a week of trading breakout patterns ----

bludy TH !! ------ i wonder if folk realise just how good he actually is ----

Cartman, perhaps include your method in this thread? And a better exaplanation of what you mean by 'cycles', and your definition of 'momentum', it sort of confuses me exactly what you mean when you talk about it.....

nothing clever about what i do Mirc ---- basic chart reading --- i just like to read off 1 second charts ----- charts in any time frame look the same --- so i figure y not put the microscope on and get in close ---- eg if the 5 min is in an obvious up trend --- wait till the 1 minute hits a momentum low --- then buy the next higher low off the 1 sec chart just as it turns --- simple as all crap in theory ---- if u can manage to get the momentum low of say an hourly to marry an entry with the shorter time frames chances are u'll get a very nice swing trade ----

Time relative to the range of any move is also often important to gauge whether the momentum is fake or not ----- (Frank D is the man to explain Time)

would post a bit more detail but got a few issues to deal with this week --- hopefully get a chance to continue in a few days

Remember when you came tops in a technical trading course years ago & then blew $20,000 trying your new skills trading .
You quickly moved on from that Tech

losing brings out the true character in people for sure Bob --- winning can make u greedy or lazy ---- losing can make u hungry

thanks for providing a thread that we can post in without gettin shood along by the more egotistaical and snootier posters ......

takes allsorts of ppl to trade these markets and its good to voice something without someone whinging that ya blocking up there airspace because apparently there thoughts are worth more than yours

onya darl

onya too Nun ---- egos can get in the way of epistemology eh!!

thanks for the input all round lads ---- sorry if the first post was a bit crazy!! ---- ya get that occasionally ---

 

[BBand]

There are some young guns contributing to this forum who are well worth listening to !, Cartman included.

They are like a breath of fresh air

Keep up the good posting guys.

Tell us oldies how you see it, I've certainly refined my methodology (made it simpler) and have tried new tactics based on some of their postings. Thank you

Peter
PS I swing trade bottoms, well not exactly bottoms but the next bar, and find it very rewarding (great initial stop loss levels)

 

[Bobby]

Just interested to know how your style of trading went today Cartman ?