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Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)


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Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)

  #41 (permalink)
 
vvhg's Avatar
 vvhg 
Northern Germany
 
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DionysusToast View Post
What?

You'd better care if the guy you follow is trading SIM or not.

You want to follow someone who can't put their money where their mouth is?

Seriously - this is a tough game. People need to raise the bar, otherwise they'll entertain all sorts of nonsense.

Best would be to not follow anyone, but learn to lead...learn to be your own leading indicator

vvhg

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  #42 (permalink)
 
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 vvhg 
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Oops, I was too late.


wldman View Post
I misinterpreted that. I do not follow anyone so maybe that has something to do with it.

@ wldman, seems like we think along the same lines there...

vvhg

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  #43 (permalink)
 
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vvhg View Post
Best would be to not follow anyone, but learn to lead...learn to be your own leading indicator

vvhg

I agree with that but this whole thread is about a messiah who obviously wants to be followed...

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  #44 (permalink)
 
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 vvhg 
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DionysusToast View Post
I agree with that but this whole thread is about a messiah who obviously wants to be followed...


There are many messiahs looking for followers...and even more followers looking for the messiah...plenty to choose from...
Nec audiendi qui solent dicere, Vox populi, vox Dei, quum tumultuositas vulgi semper insaniae proxima sit.

vvhg

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  #45 (permalink)
 
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 Big Mike 
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DionysusToast View Post
Jeeeeeeeeez

You can set the background colour for SIM to any colour.

Here is a live DOM next to a SIM DOM.

$300 on Paypal to ANYONE that can tell me that the RGB codes for the 2 screens are in any way different.


Further, you can fake the account number by creating a new account group and just make it look like a real account number.

Mike

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  #46 (permalink)
 
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 Trafford 
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Big Mike View Post
Further, you can fake the account number by creating a new account group and just make it look like a real account number.

Mike


A friend of mine told me about the site because he had a copy of Margin Call on his site, which I watched - a bit overrated in my humble opinion.

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  #47 (permalink)
 
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Big Mike View Post
Further, you can fake the account number by creating a new account group and just make it look like a real account number.

Mike

This is true indeed.

I presume you are accusing me of that, right? As you included my picture with your comment.

Is there some reason I've led you to believe I'm dishonest Mike?

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  #48 (permalink)
 
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 wldman 
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give it a rest. There is no way to infer that...no evidence whatsoever that Mike thinks anything about you. You are starting to seem a little troll-ish. If you want to believe something is real or not, that is up to you. I say real! 100% authentic! Best trader/method living or dead. Everyone should take notice.

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  #49 (permalink)
 
Big Mike's Avatar
 Big Mike 
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DionysusToast View Post
This is true indeed.

I presume you are accusing me of that, right? As you included my picture with your comment.

Is there some reason I've led you to believe I'm dishonest Mike?

No I am not accusing you of that. Why would I?

I am just trying to educate all the people who think "oh, it's a live dom!!" and get all excited. It can all be faked. Even if it was really live it makes no difference! Unless you are his accountant and have all of his tax returns and matching documents from his brokers, there is no way to ever know that just because his trade or day was profitable that he himself is profitable.

I just mean all this discussion of whether it is real or not is pointless. Assume it is fake. Assume it is a hoax and a lie. Then approach it and on those grounds, is it still useful? If yes, awesome. If no, move on. The need to try and copy someone just because they show you a glimpse of a trade or a day and you think they are king of the hill is crazy.

Likewise, just because someone may be trading on sim doesn't mean everything they say or show is worthless. They certainly can't speak to psychology or emotions, and I wouldn't listen to anything they say about risk management, but they may still have good points to make on trade setups or directional bias in the market, etc.

Just forget about cash vs sim because in the end, it makes zero difference on what is truly important. Every man for himself when it comes to trading. Stop trying to copy people and start trading for yourself.

None of this is directed at anyone in particular, but to just those in general who gravitate towards all these vendor threads.

Mike

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  #50 (permalink)
 
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OK Mike - if you say that wasn't a poke at me with the account number thing, fair enough.

As for SIM vs Real - this is quite important.

There is a lot of value in watching a profitable trader execute. This is one of the few ways to pick up on the nuance of a method. For instance, if someone says "give it a few moments", as a student, you'd come to your own conclusions on what "a few moments" is.

I dont agree with following someone or shadow trading but I do believe there is much value in being in a room (virtual of physical) with someone that knows what they are doing.

Someone that SIM trades, that cannot put their money where their mouth is - well that's a person that isn't able to trade. There is zero benefit in watching such a person. Such people should be learning, not teaching. They should be watching, not showing.

So - I feel these things are important, so that new entrants into trading don't get sucked up into a bullshit vortex.

Now - in terms of Mr TradeItDontDateIt.. I took liberty to record his DOM against mine. Now at this point I have to cross a line somewhat vendor-wise and tell you that my DOM shows the executions, so I can clearly see whether trades actually went through against a bid or not.

So - I watched & waited for him to make a trade. He was long 25 contracts and flipped to short. What I should have seen was 50 contracts hitting the bid and guess how many went through??? Yup - none at all.

It's fake, totally fake. He switched off shortly after making that trade.

I wont post the video as it could be construed as advertising but I will PM it to Mike.

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