[brownsfan019]

Originally Posted by Tams »

actually I live in Mentor OH.

Great, let's meet up then and maybe we can bury the hatchet.

PS
Can you say STALKER...


You really need to drop your man crush of me Tams.

[JohnnySDG]

Originally Posted by thalestrader »

.......All trading is extremely difficult if done without an intelligent plan. The effect of slippage, bad fills, and commissions on an account traded according to an intelligent plan and seeking infinite yield will be negligible.

Best Wishes,

Thales

Trading is difficult even IF done with an intelligent plan because most people don't have the personality to execute properly.

Your theory of trading for an infinite yield is a great way to take math out of the equation. How can you manage slippage, commission, etc when you have no target yield to speak of?

I'm not saying that a target yield is a limit, but you need realistic goals and expectations.

Johnny

[TMBTC]

Originally Posted by JohnnySDG »

Your theory of trading for an infinite yield is a great way to take math out of the equation.

IMHO, the "math" you keep speaking of is minor details...any monkey can run the numbers...come up with hypothetical examples/scenarios for this and that with Excel...

Originally Posted by JohnnySDG »

How can you manage slippage, commission, etc when you have no target yield to speak of?

How does having a specific target yield in any way affect slippage, commission, etc.?

Originally Posted by JohnnySDG »

I'm not saying that a target yield is a limit

Then why have it? What purpose does it serve other than as a potential limit (whether intentional or not)?

[JohnnySDG]

Originally Posted by TMBTC »

IMHO, the "math" you keep speaking of is minor details...any monkey can run the numbers...come up with hypothetical examples/scenarios for this and that with Excel...



How does having a specific target yield in any way affect slippage, commission, etc.?



Then why have it? What purpose does it serve other than as a potential limit (whether intentional or not)?

Any monkey can run the numbers but the numbers have to have a basis in fact.
A target yield affects those items because you need to know your break even point. Business 101

There is never a limit, but of course there are realistic expectations.

Trading, speculating, investing, whatever you want to call it is based upon probability. The idea being to have a positive expectancy. Positive expectancy time frequency of opportunity is the yield. You need to realistic about PE and frequency of opportunity.

Johnny

[TMBTC]

Originally Posted by JohnnySDG »

Any monkey can run the numbers but the numbers have to have a basis in fact.
A target yield affects those items because you need to know your break even point. Business 101

There is never a limit, but of course there are realistic expectations.

Trading, speculating, investing, whatever you want to call it is based upon probability. The idea being to have a positive expectancy. Positive expectancy time frequency of opportunity is the yield. You need to realistic about PE and frequency of opportunity.

Johnny

Business 101 would probably be way over my head, because I'm still not convinced.

What's "fact," what's "realistic," what's "possible," etc. is (normally) all relative. This conversation could go on forever, which is why I'm decidedly "tapping out." What's true for one person may not be true for another...however, often the attitude is "if it's true for me, then it's true for everyone...and I must convince everyone that my truth should in fact be their truth...and if I have a hard time at it, I will get angry/emotional..." The only real wisdom is knowing you know nothing.

[JohnnySDG]

Originally Posted by TMBTC »

Business 101 would probably be way over my head, because I'm still not convinced.

What's "fact," what's "realistic," what's "possible," etc. is (normally) all relative. This conversation could go on forever, which is why I'm decidedly "tapping out." What's true for one person may not be true for another...however, often the attitude is "if it's true for me, then it's true for everyone...and I must convince everyone that my truth should in fact be their truth...and if I have a hard time at it, I will get angry/emotional..." The only real wisdom is knowing you know nothing.

Most people lose - that is an undisputed truth. So are the stats showing that trading ER & ES with extreme daytrading margins is not going to work.

The casino knows the "Truth" that the odds are people will lose at the tables. Yet, there are still people that go there seeking infinite yield!

Johnny

[Kiwi]

Johnny,

There is a reason that even your Mother doesn't like you.

You clearly don't understand the infinite yield reference and you assume that the good folk here are ignorant of the basic stuff you think you are slapping people around with. Ignorance and Arrogance is a bad combination really. At least you are not adding grandiosity to the equation.

[macdfx]

Originally Posted by Tams »

actually I live in Mentor OH.

And you were also BARRED from the US Securities industry by FINRA too...