|
PureBytes Links
Trading Reference Links
|
I assume that this forum exists to help people "learn" from others own
experiences with trading, a place where individuals can bounce their own
idea's in order to help gain better insight, understanding of trading idea's
in general. I think deep down its human nature to see another and offer
help, without conditions attached,but social ,indidvidual life conditioning
obscures this from many individuals. when people are unable to do this
then maybe they perceive a threat to themselves, their money, their systems,
their methods.Its no wonder really when it seems we are conditioned into win
at all costs, whats in it for me syndrome, the i want/must have factor, i
guess many people are into the materiality aspect of life because this
validates/reinforces their sense of "Self Worth" .
look at people who hold a little knowledge who are unwilling to share...
this i assume elevates them up to god like status, they feel power, but
conversely you then come across individuals who have attained this
knowledge through experience , who then help others and tell them, this
is what i do/did. this is why i do it etc.... they do this (knowingly or
not) in order to help others Grow as individuals.
i personally used to think that if i knew another persons system then i'd
simply be able to follow that and extract cash from the markets. and yes
while the basic concepts of another persons system maybe helpful its your
OWN prsychological interaction with the system that will govern success or
not. I guess this is the aspect of trading which can take years of
learning. Knowing who you are, how you react, why you react.
It's lead me to the realisation that ultimately you need to be detached
from your emotions as best you can. Ive traded last year and sensed how i
was behaving, aggitated, sweats, increased heart rates, feelings of dread,
feelings of jubilation.. gripped by my own emotion.... no wonder i didn't
succeed.
But for me i see that as part of the learning process, its focused me into
looking into my own psychology and asking a few questions. I'm still
fascinated with the whole aspect of trading and continue to plod away in
the background with my own education, assmembling a system to fit in with my
own make up and expanding my overall awareness of my actions.
"witness your own life"
Jonathan.
----- Original Message -----
From: JW <JW@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, July 12, 2000 6:47 AM
Subject: [RT] RE: Re: Trend Reflections Trading System
> Regarding the role of ego in life, there is an excellent article in
> the July issue of Wired magazine (8.07). The article discusses the
> free-advice www sites and why so many people participate to help
> others for little or no monetary compensation. Through direct
> interviews with some of the top contributors to these services, the
> conclusion drawn was that the motivation for many IS ego related (they
> use a term called "egoboo" (short for ego boost) which was apparently
> originated with the science fiction fanzines around the late 1920's).
> All in all, a very interesting article and a worthwhile look into a
> factor that DOES motivates many people.
>
> JW
>
> -----Original Message-----
> From: listmanager@xxxxxxxxxxxxxxx
> [mailto:listmanager@xxxxxxxxxxxxxxx]On
> Behalf Of EAdamy
> Sent: Tuesday, July 11, 2000 10:21 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: Trend Reflections Trading System
>
>
> I have made no secret of the trading methodologies I use - I've posted
> tons
> of charts over the years not to mention detailed trades complete with
> charts, entries, exits, and stops in real time. I have generally not
> hesitated to answer questions regarding my trading methods for any
> reason
> other than time constraints. I have no need for a public ego trip and
> there
> is nothing else to be gained, so a trading contest holds no personal
> interest for me.
>
> Earl
>
> ----- Original Message -----
> From: Robert Baker <rbaker@xxxxxxxxxxxx>
> To: <eadamy@xxxxxxxxxx>
> Sent: Tuesday, July 11, 2000 10:38 AM
> Subject: Re: [RT] Re: Trend Reflections Trading System
>
>
> > Earl,
> >
> > i recently (end of June) proposed a realtime simulated stock trading
> contest
> > among the members but sadly there was little interest (4 responses)
> and no
> > follow thru. if we will not put our methodologies on the line it
> can only
> > be because we prefer to keep our methods secret or because we have
> no real
> > methods to share. what do you think.
> >
> > bob
> > ----- Original Message -----
> > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, July 11, 2000 9:20 AM
> > Subject: [RT] Re: Trend Reflections Trading System
> >
> >
> > > I've been on this list for some years and have yet to see any
> > > comprehensive real-time trading records posted here. Not that I
> would
> > > expect to ... this is a non-commercial list and the only
> individuals who
> > > would have any incentive to post trading account details would be
> > > someone with something to sell. As for discretionary trading being
> a
> > > losing game, I'm not about to spend time convincing anyone
> otherwise;
> > > however I have, on a number of occasions, posted real-time trades
> in
> > > bonds, stock indexes, and other futures from initial entry through
> exit
> > > showing the methods used, all of which are discretionary. There
> are
> > > exceptions of course, however many systems tend to work for some
> period
> > > of time and then blow up. Those who have discovered and developed
> highly
> > > reliable trading systems are unlikely to sell the system but
> rather
> > > trade it or find a trading partner to trade the system for them.
> > >
> > > Again, there are exceptions, however the vast majority of systems
> being
> > > sold are worse than trash because the buyer ends up paying for
> both the
> > > system and the losses. I'm always interested in looking at
> systems,
> > > especially those with good real-time trading records (as opposed
> to
> > > hypothetical trading records using historical daily bars). Gerald
> > > Appel's Time Trend III is a system which has stood up well in
> real-time
> > > trading of stock indexes for over a decade and I use much of TT3
> logic
> > > in my own equity index investing. I've subscribed to Chuck
> LeBeau's
> > > trader's club list for some time and have always considered him to
> be
> > > one of the more astute system builders although I have never
> purchased
> > > one of his systems. I will admit to some disappointment that Chuck
> let
> > > the recent RT thread drop without addressing the issues Dennis
> raised
> > > regarding the use of tick versus daily historical data for back
> testing.
> > >
> > > Earl
> > >
> > > ----- Original Message -----
> > > From: "Glenn Pederson" <gpeder@xxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Monday, July 10, 2000 11:14 PM
> > > Subject: [RT] Re: Trend Reflections Trading System
> > >
> > >
> > > > On 10 Jul 2000, at 9:17, Steve McGuire wrote:
> > > >
> > > > > For example, an account I started trading on Jan 2 this
> > > > > year is up 69.6% and that was after a 15% drawdown. An account
> I
> > > started for
> > > > > my wife last July is up 126.5%.
> > > >
> > > > I have been on this list for quite a while now and have noticed
> that
> > > > the only traders that post their trading results are those that
> are
> > > > trading mechanical systems. Could it be that discretionary non-
> > > > mechanical trading is a losing game?
> > > >
> > > > Congratulations Steve!
> > > >
> > > > Glenn Pederson
> > > > gpeder@xxxxxxxxx
> > > >
> > > >
> > >
> > >
> >
> >
>
>
|