Recent content by dlpirl

very intersting! As a former woodies participant and seminar attendee, I would like to know more. Do you mean that the 'cci trading room' free alternative is here at t2w?

Cool. That's what I had in mind when I designed it, sqky. Randomness is quite amazing isn't it? And different from what most of us expect.

I'd like to let you all know about a quick, easy, free game I have developed as a teaching tool to help traders learn the importance of position sizing and risk management in the context of random events within a trend following system. I've based the game off of work by Van Tharp and Ralph...

An this is exactly what my favorite future's trader, Ken Wood (aka "Woodie") teaches. Don't look for an excuse to stay in a trade once you have entered. Assume your trade is a bad one and you need to get out at the predetermined exit unless you are proven wrong.

FWIW the Christians I track with are blowing this religious nonsense away with a vengeance!

I have to agree with PKFFW here. For each of us our growth edge is different. Sure there is a sense in which enlightened thought (ala Socrates) is the same for everyone, put they way to actaully get there is quite different. I submit that the enneagram is an *extremely* useful model of the...

Now that's **good**, starspacer! Knowing when to hold through the draw downs without going into hope mode -- that's mastery IMO.

And I'll be intersted to hear what role books (used by "Textbook Traders") have (or don't have) in "universal consciousness". ;)

And I wasn't responding so much to you, Db, as to a key point that appeared to me to be missing in discussion of the topic.

Myth of the "Textbook Trader" IMO the "Textbook Trader" does not exist. We all learn from both reading and doing. No one only does what he reads about. Theory and practice are in a never ending feedback loop. Beware of those who claim to have arrived. It is quite possible they are...

I consider myself fortunate to be the victim of such a well reasoned reply ;). So, to put this sorta kinda on topic... Correct thinking [according to the wisom of CY] consists at least in part of strong opinion without any fact presented to back it up. FTR, don't want to be tied to a computer...

That's a very good description of what we all go through, firewalker. Once real money is on the line *and* (not often appreciated) we have longer real time to live with the consequces of trading decisions (assuming you use automated fast backtesting), there is so much opportunity to second...

Well, throw out the deragatory comments and that's actually an intersting reply, CY. IMO, the most important thing to know about any trading system is how much draw down you can whether, NOT what the positive expectancy is. Reality is that most people get shaken out of a good system because...

I am disqualified, then, CY. I have invested much more time in developing a trading system that works for me than I have in trying to market it. I have decided to charge for aspects of what I've learned because I know it has value, and chose not to devalue myself and some aspects my methods by...

I'll call you an honest and industrious man, Db. Sorry about that. You 1) have come to the point where you know you have something of value to contribute, and 2) are industrious enough to find a way to sell it, and 3) honest enough to be open about doing so.