Learning profitable automated trading

This is a discussion on Learning profitable automated trading within the General Trading Chat forums, part of the To Be Sorted category; Originally Posted by gooseman funnily enough I have met one of the board members of LTCM on a couple of ...

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Old Sep 16, 2010, 5:42am   #305
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funnily enough I have met one of the board members of LTCM on a couple of occasions.
Have you ever met Mr Merriwether? I hear he's starting up another fund.
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Old Sep 16, 2010, 6:02am   #306
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no not him. doesn't surprise me tho
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Old Sep 16, 2010, 8:42am   #307
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Ordinary traders don't have leverage on futures?Poor money management is more appropriate.

Why are people comparing apples and oranges ?

What happens when two knobs meet?They have a cockfight.
ODT. Either a) you are a random sentence generating robot or b) a total ****wit. My money is on b).

(by the way, the guys at LTCM may all be idiots, but they are thousands of times richer than you, and actually have lives)
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Old Sep 16, 2010, 8:44am   #308
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Have you ever met Mr Merriwether? I hear he's starting up another fund.
Is this true? He only recently closed his last loss-making fund.. who would invest with him now?

He's a smart cookie, he's made a fortune for himself over the years. Shame he only ever lost money for his clients.
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Old Sep 16, 2010, 9:09am   #309
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Is this true? He only recently closed his last loss-making fund.. who would invest with him now?

He's a smart cookie, he's made a fortune for himself over the years. Shame he only ever lost money for his clients.
It is who you know and he knows a lot of people on Wall street.The saying "Nobody ever made money for somebody else" has worked for centuries.

The whole hedge fund industry is designed to screw pensions.
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Old Sep 16, 2010, 9:26am   #310
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ODT

Do you have any idea how full of sh1t you are. Why do you think people want to listen to the drivel you spout. You claim to be hard at work on some new system, alongside running 40 other systems, yet you are constantly posting all day long on t2w. You're so totally full of sh1t, you're beyoned pathetic. I doubt you even trade.
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Old Sep 16, 2010, 10:11am   #311
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ODT

Can you take a minute to explain how you apply ACD to the continuous markets like forex...

Thanks
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Old Sep 16, 2010, 12:44pm   #312
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ODT

Can you take a minute to explain how you apply ACD to the continuous markets like forex...

Thanks
BB

This is how it is applied in forex.Unfortunately it is not a good system for day traders.A better system is 15 m trendline break system.It is a system worth learning about to increase one's knowledge, it can also be applied on daily and weekly time ranges to seek breakouts.

I tried several different versions of the intraday method, unfortunately they all failed in high volatility markets.I still run several EAS with my own propreitary settings.

http://www.trade2win.com/boards/fore...ly-system.html
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