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Updated July 27, 2014
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April 14th, 2011, 02:41 PM
Houston,Tx
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,356
bluemele
Interesting. More of a psyche question and wondering on my own thinking.
I am glad you found your perfect system.
Just reading through some 'systems' that are able to be purchased and I have gone through a few over the last few years and I try to understand more about people and their objectives.
The World According to TMFT
If you can buy a system, don't...
Be wary of a man who says ... I own a Goose that lays Golden eggs and I rent her to you for $50.00 per month.
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
April 14th, 2011, 03:31 PM
California
Experience: Intermediate
Platform: FxTrade/Ninjatrader
Broker: Oanda/MBT
Trading: Eur/Usd
Posts: 269 since Jan 2011
Thanks Given: 54
Thanks Received: 151
trendisyourfriend
So the key word is 'IF...' Trying to code that for you
No, the word is the flame. What you seek is the light.
April 15th, 2011, 05:03 PM
Bala, PA, USA
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus, IB
Trading: SPY, Oil, Euro
Posts: 1,854 since Jul 2010
Thanks Given: 300
Thanks Received: 3,373
If I built the perfect system, you would never know about it
April 15th, 2011, 05:09 PM
Galveston ,TX
Experience: Intermediate
Platform: NT7
Broker: Zaner
Trading: Futures
Posts: 386 since Mar 2010
Thanks Given: 364
Thanks Received: 435
monpere
If I built the perfect system, you would never know about it
that makes me think you already did build it ;-)
cheers,
-e
April 15th, 2011, 05:34 PM
Berlin, Europe
Legendary Market Wizard
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,104
The trading cosmos is an evolutionary cosmos. So let us have a look at similar environments:
(1) Which is the perfect animal?
(2) Which is the perfect plant?
(3) Who is the perfect girl?
Answers:
(1) Bulls or bears are an obvious choice. Bull is delicious, bear is something that I have never tasted.
(2)
(3) Would you use the criteria of Keynes, or would you stand up for your own beliefs?
April 15th, 2011, 05:56 PM
Dallas, TX
Posts: 11 since Feb 2011
Thanks Given: 2
Thanks Received: 4
Peter2150
First it's hard to share something that doesn't exist, and the perfect system doesn't exist.
Second, if you share your perfect system to ten other people, the likelihood they would really use it is slim. They wouldn't have the same belief system about it, you have.
Pete
Im with Pete on this one the perfect system doesn't exist and will never exist. You just have to find something that will work for you but in no way will it be perfect. You can work at it and adjust to make better but in reality it will always be a working progress. It's still a good question like the question they ask the Mrs. Universe pagent girls every year what would you do to bring peace on earth...lol
April 15th, 2011, 06:23 PM
Austin, TX
Experience: Advanced
Platform: TradeStation
Trading: Futures
Posts: 838 since Mar 2011
Thanks Given: 124
Thanks Received: 704
A more appripo questino would be "if you could build a successful system...."
The answer is obvious, which is why systems for sale are probably scams.
Any "system" which is consistent and repeatable is more valuable being utilized that it ever could be as a sold product.
Even a system that could net 1% a day would be 10x more valuable to the person who crafted it, than it ever could be sold to starstruck investors looking to make millions.
April 15th, 2011, 11:04 PM
Houston,Tx
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,356
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
April 15th, 2011, 11:09 PM
Houston,Tx
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,356
Fat Tails
The trading cosmos is an evolutionary cosmos. So let us have a look at similar environments:
(1) Which is the perfect animal?
(2) Which is the perfect plant?
(3) Who is the perfect girl?
Answers:
(1)
Bulls or
bears are an obvious choice. Bull is delicious, bear is something that I have never tasted.
(2)
(3) Would you use the criteria of Keynes, or would you stand up for your own beliefs?
Answers:
1. Bulls get fat , Bears get fat, Pigs get slaughtered. Fat animals are best.
2. Money Tree.
3. One that isn't fat and owns a money tree.
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
April 15th, 2011, 11:21 PM
Auckland
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 779 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750
TMTF
Your outlook on this is awesome..
very true though..
where do we find the 3rd one..which indicator will get us that....lol
sharmas
Last Updated on July 27, 2014