Article Member Profile: rathcoole_exile

T2W Bot

Staff member
1,433 49
Well, I have to confess to being very surprised at being asked by Tim to create a short background piece. I haven’t been around T2W much lately, and when I do pop up it’s usually just to shoot somebody down with an acerbic comment or two and then disappear again for another few weeks. Even when I was most engaged and active with T2W a few years ago, I don’t think I was ever the most popular member. I got a few bans for arguing and standing my ground. I like to call a spade a spade and an idiot an idiot.
Karl6666 summed it up best with the quote I use in my signature: ‘Why doesn’t anybody like you R_E, is it because you shout?’
My BackgroundI’m ex-British Forces, that most famous of oxymoron’s, Army Intelligence. I subsequently spent the best part of a decade in and around Dubai, Kuwait, KSA etc. All the usual ****-holes.
I’ve lived in Thailand for over seven years now, since the birth of the first of my two daughters. After the second one came along, the wife and I split up...
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PollyM

Active member
195 7
Trading Ratios

Garry, you're not far off the mark with the 3 out of 10. Have a look at the INDE benchmark and this also quotes 0.3 under this same Number ratio, taking a huge S&P500 data set on a stop-and-reverse basis, using a simplified version of Wilder's DIs. And on a positive note, the Return still manages to tip into profit. Like you say this Number ratio hints at a 'confidence' factor, once you know the odds it helps greatly in approaching the markets. Before compounding however this ratio really needs to be improved otherwise you're in trouble - you at least need to get to 1:1 to stand a chance. Trying a dual-time approach, and also a more sensitive price indicator than the DI crossovers, can help in this.
 

westernforce

Active member
246 44
Thanks Gaz
Well written, and nice to see you're working well within your framework.
It takes courage to be a trader, and good to see you've still got what it takes.
Stu
 
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