NexusFi: Find Your Edge


Home Menu

 





A trading parable


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Hard 8 with 11 posts (7 thanks)
    2. looks_two cory with 2 posts (2 thanks)
    3. looks_3 tellytub with 2 posts (0 thanks)
    4. looks_4 MetalTrade with 2 posts (0 thanks)
      Best Posters
    1. looks_one aslan with 2 thanks per post
    2. looks_two cory with 1 thanks per post
    3. looks_3 mainstream with 1 thanks per post
    4. looks_4 Hard 8 with 0.6 thanks per post
    1. trending_up 5,871 views
    2. thumb_up 12 thanks given
    3. group 7 followers
    1. forum 24 posts
    2. attach_file 9 attachments




 
Search this Thread

A trading parable

  #1 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
Thanks Given: 12
Thanks Received: 41

A hedgefund big shot was bragging at a poker game about his futures system that NEVER has a losing trade. He showed me the stats and I quickly understood the hook. It never took a stop out.

He bet me 10 grand I couldn't create a system that had losses with better results. I raised the bet to 20 grand, provided I could pick the instrument of my choice. He agreed. Here's what I showed him.

P.S. I donated the 20 grand to the Juvenile Diabetes Research Foundation and he paid me 10 grand more for the code.


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Futures True Range Report
The Elite Circle
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
 
  #3 (permalink)
 fluxsmith 
Santa Maria
 
Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
Broker: Mirus/Zen-Fire
Trading: ES
Posts: 290 since May 2010
Thanks Given: 97
Thanks Received: 322


That looks pretty impressive, can you give us a clue as to the concept behind it? And thanks for the donation, my granddaughter has diabetes.


Hard 8 View Post
A hedgefund big shot was bragging at a poker game about his futures system that NEVER has a losing trade. He showed me the stats and I quickly understood the hook. It never took a stop out.

He bet me 10 grand I couldn't create a system that had losses with better results. I raised the bet to 20 grand, provided I could pick the instrument of my choice. He agreed. Here's what I showed him....


Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
Thanks Given: 12
Thanks Received: 41


fluxsmith View Post
That looks pretty impressive, can you give us a clue as to the concept behind it? And thanks for the donation, my granddaughter has diabetes.

At the point of a burst of momentum, it scalps for $100 with two contracts and is done for the day. FDAX is an ideal market for this sort of thing.

Reply With Quote
  #5 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


Hard 8 View Post
At the point of a burst of momentum, it scalps for $100 with two contracts and is done for the day. FDAX is an ideal market for this sort of thing.


I've wondered about doing that but never had the umph to try it. Figured it was just another pipe dream.

Reply With Quote
  #6 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

What stop loss system do you use on the FDAX for this system ?

Reply With Quote
  #7 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
Thanks Given: 12
Thanks Received: 41

The scary thing is, it's so easy.

Attached Thumbnails
Click image for larger version

Name:	FDAX.jpg
Views:	336
Size:	71.2 KB
ID:	25606   Click image for larger version

Name:	JDFA_FDAX.jpg
Views:	300
Size:	224.6 KB
ID:	25608  
Reply With Quote
  #8 (permalink)
 Eric j 
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,507 since Jun 2009
Thanks Given: 1,396
Thanks Received: 2,576

Whats your bag limit ?

Attached Thumbnails
Click image for larger version

Name:	Trolling.jpg
Views:	212
Size:	47.2 KB
ID:	25609  
Visit my NexusFi Trade Journal Reply With Quote
  #9 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
Thanks Given: 12
Thanks Received: 41


Eric j View Post
Whats your bag limit ?

I'm sorry. I don't understand your question.

Reply With Quote
  #10 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090



Hard 8 View Post
The scary thing is, it's so easy.

so moral of the story is trade the Dax?

Reply With Quote
Thanked by:




Last Updated on November 16, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts