Search found 84 matches

by verec
Sat Jan 10, 2004 6:23 pm
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

kalitka, I don't think there's any data available to answer your question because it would be impossible to gather and analyze I wish I could have replied in such a constructive manner myself. :oops: You're hitting the nail on its head there. Well done. To put it even more clearly, I think there is...
by verec
Sat Jan 10, 2004 11:52 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

damian wrote:Anyone noticed that this thread requires a lot of reading?
:)
by verec
Sat Jan 10, 2004 6:42 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

I asked a question. You don't have an answer. Why post ? Wouldn't it be more accurate to say that you didn't understand the answer? So, after a bit of a blunt, no so subtle translation: Your insistance at finding numbers to get convinced of whatever it is that is your current fear is not such an is...
by verec
Sat Jan 10, 2004 2:18 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Kalitka,

1. 67.1307% of all statistics are made on the fly by whoever utters them
2. many things need to be seen to be believed, most things need to be believed to be seen. -- Anton Ertl
8)
by verec
Fri Jan 09, 2004 3:52 pm
Forum: Custom C++ or Java Platforms
Topic: VB.net Programming and Custom Software design
Replies: 16
Views: 21048

At this point, I would like to encourage an exchange of classes and functions. That's an excellent attitude! Unfortunately, regarding myself, I don't grok either of VB or .net. I'm sure they are very fine and powerful languages and environments, but I don't have the time to invest in Windows only t...
by verec
Fri Jan 09, 2004 11:27 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

So i think how we deal with life's uncertainties and all of the emotions that come with it, seperates the winners from the losers I wonder if this has to be a permanent state of life, or whether you reach a point where the problem is over. Some traders in MW said that they didn't know any other fun...
by verec
Fri Jan 09, 2004 10:23 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

If all it took to be good in trading, were the ability to read a book and memorize it then we would have a problem. That sounds true ... but what are we doing on this forum, except trying to help each other become better traders? Does this mean that we're all guilty of some kind of elitism in that ...
by verec
Fri Jan 09, 2004 9:23 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Well, my best friend is in Yale's business school - he tried trading for about 6 months and blew up. A somewhat caustic remark: you don't need to come out of Yale to blow up; look at me :oops: Just to point out that if arrogance is not a virtue, humility may help but is definitely not the end of th...
by verec
Fri Jan 09, 2004 4:56 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

... and "The Virtue of Selfishness" and "FountainHead" and "Capitalism, the Unknown Ideal" ... That said, I have some room for disagreeing with Ayn Rand: the "looters" being evil do not automagically transform the non looters into super-men, nor a world entirely filled with super-men would be intere...
by verec
Fri Jan 09, 2004 3:26 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Your "competition" being better equipped than you are w.r.t technolgy & data access is probably true, but they are "only" human, as you are, and no silicon based technology allows, yet, to fight/benefit from your own fear-greed-hope. In the real world, people are not as logic as "being right" in sch...
by verec
Thu Jan 08, 2004 7:37 pm
Forum: Custom C++ or Java Platforms
Topic: VB.net Programming and Custom Software design
Replies: 16
Views: 21048

Thanks, Karakoram, for giving us a bit more context. Why SQL server: I have a couple of friends that are programmers full time There's something that is obvious to you but that is not necessarily obvious to them, which is that your CSI acquired data can be considered read-only, because, once you hav...
by verec
Thu Jan 08, 2004 3:29 am
Forum: Custom C++ or Java Platforms
Topic: VB.net Programming and Custom Software design
Replies: 16
Views: 21048

Sorry if it looks like I'm hammering the same point, but ... you show us _what_ you use, without telling us _why_. I ask again the same question: Why do you need a database in the first place? Is this because the other tools you use _need_ a database/SQL and all that, or do _you_ have the need for a...
by verec
Wed Jan 07, 2004 10:09 pm
Forum: Custom C++ or Java Platforms
Topic: VB.net Programming and Custom Software design
Replies: 16
Views: 21048

Just wondering if your question/offer is not just rhetorical? You site VB and SQL and Montecarlo ... but what are you "user stories" ? It seems to me that you are targetting a very wide array of possible tools for potential problems, at the expense of focusing on the one or two problems you really n...
by verec
Tue Jan 06, 2004 12:30 pm
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Thanks, c.f.. Your encouragements are most welcome.
--
JFB
by verec
Tue Jan 06, 2004 10:15 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Another related issue ...

Someting I learnt the hard way: You can't hope paying your bills by trading, unless you are _already_ paying your bills by trading. Switching career in the midlle of your life might look good on your CV once you have succeeded, but until then, keeping whatever day job one has is probably the most sa...
by verec
Tue Jan 06, 2004 9:49 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

No one said it would be easy to make millions :wink: One of my pet peeves :x the opposite of "simple" is "complex", the opposite of "easy" is "difficult". I see trading as "simple" (just follow the rules) and "difficult" (can you follow the rules?) as opposed to, for example computer science which ...
by verec
Tue Jan 06, 2004 6:23 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Thanks for the pointers! But does this all mean that you must reach "beyond the doubt" phase? And that you must know when to follow the rules and when to break them? (a recurring item in MW), but then again, not even back-testing, not even _ACTUAL_ results are good enough to prove that your system W...
by verec
Mon Jan 05, 2004 8:29 am
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11540

A little remark on the TT rules and the Turtles

I'm not exactly buying the argument that Mr Faith had an edge by being a computer geek that some others didn't. The way I view all this is that the mind set I would have had (and currently have with the rules) is that I would be following them EXACTLY WHATEVER the outcome. The reason is that, if I f...
by verec
Mon Jan 05, 2004 7:47 am
Forum: Trader Psychology
Topic: Too much reading ...
Replies: 58
Views: 49261

Too much reading ...

I've just read the entire thread at http://www.tradingblox.com/forum/viewtopic.php?t=564 which deals with portfolio selection ... and I came out scared! "God! I hadn't seen Portfolio selection as such a black-art not amenable to pure logic" did I think, close to despair. But then, the very same happ...
by verec
Wed Dec 31, 2003 9:06 pm
Forum: Trend Indicators and Signals
Topic: breakouts from base pattern - similarities to Turtle Method?
Replies: 1
Views: 4209

Hmmm. Using "channel breakouts", MAs, "Bollinger Bands" or the "Turtle Breakouts" seems indeed to fit in the same class of algorithms meant to detect the probable start of a trend. But even then, you're not guaranteed anything. For example, my tests on the Turtle System show that when the breakouts ...