But it's very difficult to do... 2008/8/3 Herman <[EMAIL PROTECTED]>
> Hi Jan, > > > some of us will never reach that required state of detachment. I am like > that: discretionary trading is just too stressful for me. > > > If one cannot reach the required state of detachment the alternative is to > learn afl and trade a mechanical system, and place orders through the IBc. > > > If a trading system cannot be coded in AB one might wonder if there is a > trading system at all. Luck, being in the market at the right time, or > having an undefinable sixth sense about where the market is going, can > easily be confused with having a good trading system. There are so many > traders that luck, or any derivative thereof, must occur with often. I > personally had a lucky streak that lasted 600 trades... I would have sworn I > had the perfect system. I still have trouble accepting there wasn't anything > real in the system. > > > Mechanizing and Backtesting a trading system is one way to find out what > your "system" is all about. > > > Best regards, > > herman > > > > Sunday, August 3, 2008, 10:28:24 AM, you wrote: > > > > > > Hi, > > Well, I had 6 years of martial arts training, where I understood (but > unfortunately not yet attained) the principle of "no-mind" when executing > tasks. I have also had some limited time as a military instructor, and it > became obvious that during patrol and combat, when people fire at you > (blanks and smoke grenades, but still), there ones who make it are the ones > who do not take the time to think. > > > > However, ones ability to enter this state of mind is dependent on having > enough training so that you subconsciously know that you really do not have > to think about how to move and shoot properly. > > > > Of the Tekki Shodan pattern, the ancient warriors said something to the > effect of "Most patterns require at least 10 000 executions before being > mastered. However, you should not even consider demonstrating Tekki Shodan > to your master before you have had 100 000 repetitions." > > > > It is interesting to note that to reach the original state of mind while > carrying out un-natural activities, you do need lots of training, and that > some things in every field are a lot more difficult than the average task in > that skill set. > > > > Best regards / JM > > > ------------------------------ > > Från: amibroker@yahoogroups.com [mailto:[EMAIL PROTECTED] För > brian_z111 > > Skickat: den 1 augusti 2008 05:32 > > Till: amibroker@yahoogroups.com > > Ämne: Re: SV: [amibroker] Anyone actually making money? > > > > > 3. Level of spiritual attainment. > > > Semantics plays a part in any discussion, especially when we are > > crossing cultures etc. It plays a greater role in 'spiritual' > > discussion than it does in any other. > > > So, first the semantics. > > > We are not limited to the term 'spirituality' as we can talk around > > the same area in many different terms (objective mind/subjective > > mind, rational/intuitive, super-consciousness, super-rationality the > > collective unconscious, God, the Soul, the Divine, the Supreme and > > millions more). > > > For ease of discussion I will stick with 'spirituality'. > > > A few basic points: > > > - generally the 'spiritual gene' is latent in humanity, across all > > cultures > > - it is more virile in a small % > > - it is particularly latent in the West/modern culture where we have > > turned our back on our spirituality > > - I dare say this forum has more than its share of latent > > spirituality under the surface > > - the psychic opposites are not antagonistic forces e.g. soul versus > > body but rather a complimentary whole so that is not a matter of > > logic/programming trading versus intuitive/discretionary trading. We > > are all using both, at different times and places, even those who > > deny it (there is no such thing as a 100% objective/rational person). > > - a healthy psyche has a good balance and flows between each psychic > > pole in its own season. > > > The main pragmatic points: > > > - we can't bootstrap our subjective mind so we have to turn to > > mentors for written or oral teaching > > - some have more aptitude for it than others > > - I was very priviliged to have some experience in these matters long > > before I started trading (my subjective consciousness/soul was > > already active and able to express itself in the world) but it still > > took years of pragmatic, practical, objective work to 'program' the > > trading mind to match i.e. I had to pass a sufficient number of > > exams, in the core units, at the 'University of Trading', before I > > could 'enter the trading zone'. > > > In laymans terms, my intuitive mind was functioning but I still had > > to go out and tediously train my rational/objective mind, and learn > > as many of the objective rules of trading as I could, before the > > subjective and the objective minds could synchronize in the trading > > room. > > > "Give unto Caeser that which is Caesers AND give homage to your God". > > > brian_z > > > --- In [EMAIL PROTECTED] > <amibroker%40yahoogroups.com>ps.com<amibroker%40yahoogroups.com>, > "Jan Malmberg" <[EMAIL PROTECTED]> wrote: > > > > > > Hi, > > > > > > I sometimes daytrade using even delayed data for the charts, and a > > list > > > compiled list stored in my broker's web application. It works > > alright. Most > > > of the time I do short-to-mid-term swing trading. With just the 15- > > min > > > delayed data. Ok, real-time for the indexes. > > > > > > > > > > > > Here's my opinion. > > > > > > > > > > > > The three components that determine your success are usually: > > > > > > 1. Level of analysis. How good you can produce low-risk entries > > with a > > > probable future outcome, which of course is never totally possible. > > > 2. Level of money management. How much you bet on one single > > trade, how > > > well you scale in, scale out, set and stick to stop-orders, and > > more. > > > 3. Level of spiritual attainment. How much you have attained the > > > "no-mind" state of the ancient warriors and spiritually achieved > > people. > > > Which means that you fearlessly execute trades while maintaining a > > > risk-appropriate behavior. Only really possible when you no longer > > fear the > > > horrible market and what it might do to you. > > > > > > > > > > > > Which one is most important? The one you lack the most at the > > moment. I was > > > fortunate to start out with fairly solid money management from the > > start. > > > > > > > > > > > > Best regards / JM > > > > > > > > > > > > > > > > > > > > > _____ > > > > > > > > > From: [EMAIL PROTECTED] > > <amibroker%40yahoogroups.com>ps.com<amibroker%40yahoogroups.com> > [mailto:[EMAIL PROTECTED] > <amibroker%40yahoogroups.com>ps.com<amibroker%40yahoogroups.com> > ] > > On Behalf > > > Of Louis P. > > > Sent: Thursday, 31 July 2008 2:15 PM > > > To: [EMAIL PROTECTED] > > <amibroker%40yahoogroups.com>ps.com<amibroker%40yahoogroups.com> > > > Subject: [amibroker] Anyone actually making money? > > > > > > Hi, > > > > > > I was only wondering... Anyone actually making money or making a > > living > > > with AB and trading? > > > > > > I've been working on ideas and plans for over 7 months now and > > didn't find > > > anything convincing yet. I've been searching daily data, then > > hourly, > > > 15-minute and now I am into 1-minute data and nothing seems > > satisfying. > > > Been searching RSI, MFI, ADX, MA, HHV, LLV... nothing seems to work. > > > > > > So... Anyone is making consistent money with this, and if so, at > > which > > > timeframe and how do you do it? > > > > > > I'm beginning to think about switching to tick database; it seems > > even > > > 1-minute is too slow for intraday trading. Anyone making money with > > > 1-minute? > > > > > > Thanks, > > > > > > Louis > > > > > > >
