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Millionaire in 10 weeks & Conversation with broker
is my first post on this forum also because I write very little on the internet, I hope to be able to express my thoughts. I think that deep down everyone has or has had a bit of merlinworld in them, it is curious to see how the merlinworld posts look like those of the rebellious son and the posts of the other members seem to talk to their teenage son who does not understands the message of their parents. Your approach to the forum with this post has exposed you a lot, I hope you are a "merlinworld" magician and that you can reach your goal.
Having said that, I would like to move quickly to a technical advice.
One of the biggest problems of a trading sytem is over optimization and surely this you already know. From my last studies I discovered that to be sure of achieving the results we want, we need to have not one but many good trading sytems.
By the way, this forum is beautiful and even its participants are very good people, it will certainly not be this post that puts it in a bad light.
1- My Million # climb idea will fail so i should drop it
2- That I should listen to you guys... and the true is I'M REALLY LISTENING but what can I say, I don't like what you are telling me to do.
How can I tell you "no Thank you" and pass without hurting your feelings and seeing another msg popup saying "this guy doesn't listen, he needs to listen, he HAS to listen to us".
- I'm NOT going to signup up for your trading boys club
- I'm NOT going to stop my now 15 years of research for the best trading system
- I'm NOT going to start a trading journal like so many here want me to do
So can we just PLEEEAAAAAAASSSEEEE... Agree to disagree and move on with our lives without me being kicked out because I don't do EXACTLY what you want me to do?
Just like Big Mike, I celebrate the 10 years of my forum this August. It's a forum on the power of The Subconscious Mind and throughout the years, I have NEVER stopped anyone from doing THEIR own THINKING and THEIR own RESEARCH and TESTS. I NEVER charged my members for anything, I believe in the power of the community and sharing ideas and testing concepts.
Every time some wise ass would come in and tell us "You guys don't get it, this is what you need to do instead" I would simply ban the guy at first.
Over time, I learned to listen because some had some good ideas so I ask them for proof and if they can duplicate their success by challenging them to repeat it and they all left and never came back on their own.
This is the approach I suggest you all take with me. You byte your tongue. keep thinking that I will fail, keep thinking that you guys are all willing to jump in and "help me" but... let me do my research and hit the brick wall on my own. Then...an maybe then, I will let you "save me".
Until then, just respect my research, my crazy idea no matter how stupid and certain you think it will fail and let me program this indicator with the help of programmers (it's already on it's way), build an interesting system around it and post some back testing reports here.
Do you think you can do that without ripping my head off?
Your response reveals you as a parasite. I'm not looking to be host for a parasite.
If you have no interest in our boys club I recommend that you be shown the door. Get your programmers to work things out today.
During all 15 years of your research and for 15 prior to that I have been feeding myself and providing well for a family...so actually doing what you are back-testing.
The site is built on journal and contribution in a collegial professional manner. Since you are none of those things and profess as such here. Again, I recommend you be shown the door.
Now THAT is the kind of posts I like; a constructive one.
Because of my lack of programming skills, I read a couple books on EasyLanguage but was barely able to modify some code much less start a complex strategy with 100s of lines of code and even less in another more complex programming code like C++ or C#.
However, I believe in the power of the community and everybody has a role to play and programming is NOT my role. I'm good in analysis, I can look at a chart, an indicator or a trading strategy in extract the best of them.
I think it was Napoleon Hill who said that I'd rather have 1% of the brain of 100 men than 100% of the brain of 1 man.
In other words, my strength is in seeing things that not a lot people see but hey, I suck at programming so I will need the help of members who like my crazy ideas to push it further and many of you saw the potential (most didn't and laughed at it and rejected it right away thinking that it has been done before and that it will fail, etc) and I'm chatting with them.
Will we make it work? Don't know. This Million $ climb is the Everest of Trading but hey... Edmund Hillary managed to set his foot on top of it's summit for the first time, why can't we do the same with trading. Revolutionize this baby with kick ass new technologies (modern charts and bar types, super low cost trading instruments, fantastic trading software and super high speed connection to the markets, etc).
It's now or never the TIME to do it. 10 or even 5 years ago, all this would have been impossible to do and would be a dream but NOT TODAY.
The indicator code is not done (yet) but it's coming soon and then everyone interested with some trading knowledge and a bit of vision, will be able to jump in and add their 2 cents to improve it.
With the newest of trading technologies, we can reduce the amount of a losing trade down to a few ticks which is crucial for this project and the Russell 2000 had a daily range of only 5-6 pts when I learned about it in 2004. Today it makes close to 20 pts and over 100s of pts overall in ups and downs almost on a daily basis and all we need is 5 of those pts.
And of course the fact that these programmers came from THIS FORUM and 1000s of people have decided to read these threads and would like to see the end of this research...that for you is well... not important right? Just kick me out period who cares what the others think...right?
Here's a PM I just got.
By respect to his privacy, I will not of course say who sent it.
And in case you asked NO... he's not the only one here who sent me this type of PM so before you kick me out like a dog, you might wanna to respect the opinion of MANY other members here who want to hear me out and see where that research leads.
This is not an "idea". This is an insane one-sided conversation that took over the forum combined with lunacy and arrogance. You have members here that contributed time and effort (for years) while providing PRACTICAL ideas getting irritated and insulted by a member who is a theorist at best.
That is not fair to them, and the rest of the unregistered members who come to the site to learn.
Matt Z
Optimus Futures
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Now many will say that it's done at hindsight but to me, a formation is a formation is a formation meaning that it will be on your chart in hindsight and ALSO live as it is forming.
This means that once this formation is programmed in an automated strategy, the software will be able to recognize such programmed pattern and get you in or out of that trade.
Even though the indicator is not yet converted in C# and the strategy using it is not fully developed yet, I believe more and more now that Double Tops/Bottoms are the best entry with the help of this indicator.
And no, it's not perfect as you can see, we would have had 2-3 failed entries but a 1-2 ticks StopLoss ABOVE the Double Top would have taken us out with very little loss of $.
Eventually, as it went back down (typical head & shoulders pattern here) we caught one more and as you can see,, just like on yesterday, it was one of the best entry point of the day.
Now, because I had no way to know that it would do such a big move on the down side, I would have gotten out after making my 5 pts but hey, THAT IS ALL WE NEED to double our M2K contracts and move to the next column in my $25-M climb.
Guys, this is JUST ONE THREAD out of a beautiful trading forum that has 1000s of threads. If I am THAT BAD and EVIL, couldn't you just skip this thread next time?
I don't know about you but if a thread or a guy drives me nuts on a forum, I just do't go to his thread... I just don't.
But many of us, unlike you, are invested in this forum via money, time, and a genuine desire to help others by providing meaningful content and discussion about trading. We don't like to see garbage here.
And hell yeah to what Matt said. I said a couple days ago this thread should be nuked but instead it was given even more publicity, with the result being more faction and now warnings issued.
