PureBytes Links
Trading Reference Links
|
OK...I give up.
What DID Al Pacino say in "Donnie Brasco"?
----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, August 10, 2001 9:26 AM
Subject: Re: Drummond Market Geometry: Personal update
>
> thc> As Al Pacino says (repeatedly) in "Donnie Brasco":
>
> wonder if he trades for a living and what that statement has to do
> with trading? i think you may be wrapped up in some identity crisis.
>
> thc> The question is whether, given the limitations of today's
>
> thats like asking - because tractors have flats, isn't it better to
> just dig the canal by hand with a shovel? kinda ridiculous, but i
> guess it could be considered performing an artistic task.
>
> thc> Just today there's a man on the list saying that his real-time
>
> that man does not know and has not experienced enough yet to get to
> the good stuff. some can learn from others, others learn from
> experience, some have a mix of both. i bet the guy is more
> knowledgeable now today then he was before he posted on this list. so
> the argument should be that can we retain what we talk about a a
> thousand times on this list and utilize it in a positive way going
> forward.
>
> thc> And we just finished a discussion of the limitations of
>
> i will agree with po there are ways around problems to get
> accomplished what you need. it's like letting a pebble in the road
> serve as a road block on the way to dinner at a fine restaurant. my
> hunger is such that i will not be deterred from my objective.
>
> thc> And when will be the next discussion of how the data you receive
>
> ah the data, well if you don't like the data throw it out like i do.
> seriously the data is only (in the pit cases) a representation of what
> is going on. for years and years man has made money outside the pit
> with poor data. theoretically it should be more advantageous to make
> money today in the markets than ever.
>
> man has this way of blaming something when he fails at an endeavor.
> when he does not make money rather than examine his trading method he
> blames his broker for bad fills and high commissions, and the data
> vendor for bad data and slowness, not to mention those valuable ticks
> he missed. he is sure the missing ticks were the ones he needed to
> make some money!
>
> while i strive as much or more for perfection as any other, i deal
> with what i have and move on. i don't blame anyone or anything, i do
> self examination and value peer review as a tangible to the bottom
> line.
>
> thc> The tools are not there yet: the data's not there, and the
>
> the tools are better than ever, man is at fault and our memories too
> short of how it was. that is if you were around then to appreciate
> today and not the yesterdays cab driver turned pro trader today.
>
> thc> What works in trading, as in life, is an infinite degree of
>
> who said that mechanical models had to have fixed rules? oh you did.
> no more than anything in life does a trading model have to be
> stubbornly fixed. the only thing fixed here is your thinking, you have
> proven time and time again that your narrow minded focus of how things
> are - are no match for my narrow minded way of thinking.
>
> by the very nature of things, a fixed object attached to a mobile
> object becomes itself mobile. come attach yourself to me brother and
> let me transport you to a place in time where the river flows to the
> brink with knowledge and higher enlightenment. funny stuff huh?
>
> thc> All the best,
>
> yea right whatever.
>
> thc> OM
>
> undoubtedly
>
> --
>
> Have a Great Day, Mark
>
> http://www.markbrown.com
>
>
|