Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

zdo

Market Wizard
 View Profile  See their activity

  • Content Count

    3549

  • Joined

  • Last visited

  • Days Won

    8

Posts posted by zdo

  1. Posted

    Yes.  It has always has been ‘rigged’... only in the last thirty or so years has it gradually become more and more ‘rigged’ by state policy.  Along the way in every trading career are opportunities to assess the relative corruption, cheating, dishonesty, exploitation, theft, etc.  inborn in ALL trading instruments.   And it is possible to trade successfully if you don't believe it is rigged.  Many traders go into denial it is rigged to allow them avoid those dissonances and trade as if it is not rigged. But, imo, the closer to truth about the underlying structures in markets you can get your own constructs, the better.

    In general ( / most of the time), “don’t fight the fed” , esp if you trade indexes.  If you trade individual stocks, you can still keep gettin’ up by keeping tabs of the stock’s correlation to its index, etc and trade it accordingly. 

    Alternatives?  ‘west texas’ oil fields have been a great play of late... but that’s rigged too ;)

  4. Posted

    Traders wonder why I post about things like censorship, social scoring, orwelling, statism, etc etc etc... see link below...

    Freedom has costs and is not stable.  At its pole is security... false self created security...  Every trader has aspects of that polarity he or she must deal with ... ex: beginners think they can just ‘learn some stuff’ then trade successfully ... but the player you bring to follow the systems is just as important as the systems themselves... just sayin’

    What the fuck     does this have to do with that?

    https://www.zerohedge.com/news/2018-10-03/traders-afraid-drop-f-bombs-thanks-ai-powered-big-brother-style-surveillance
     

  8. Posted

    chimp

    re: "ie with buying options, you have to figure out a way to play all the major waves in order to be there for the outliers"

    This was just basically restating the previous point in that post.  ‘with options nothing is reliably predictive of the variance of the next move’.  Going back to the insurance analogy - time gaps without  ‘coverage’ is not a good idea. Boils down to the same problem as Nassim and all options players have - how to afford ‘coverage’ on everything so you can be covered with the darkened swan does show up ... to cover all the costs and turn a profit

    Example:  (and, btw,  I can’t remember all the specific and details... anyways...)mid 1986, in addition to day trading big Spooz, bonds, etc, I started trading options ‘on the side’.   In feb 87,  using a ‘system’ (ie it wasn’t on a ‘whim’), it bought way out the money soybean calls and made a killing...  thought I was an options trader!  So I 'followed’ the system forward and it missed several significant moves ... it ‘reverted’ ... whittled away at my ‘killing’.

    Long story short - I concluded that properly priced options ALWAYS screw the  premium buyer PERIOD.   So, I stopped buying premium but continued selling premium in treasury, etc options... got deeper and deeper into the time consuming greeks ... and had less and less fun ... and then I became not an options trader :)  ... I love leverage.  But turns out it’s steady leverage I love... and not variable leverage in a 'actuarial world'...

  9. Posted · Edited by zdo
    add another link

    Fake News...  18 months of MSM banging banging bangin on  ‘russhun, russhun, russhun interference’ , DNC  data ‘theft’ , ‘collusion’... providing a cover for something rarely mentioned, except to deny ? ...
    https://www.defenseone.com/threats/2018/09/hackers-report-cites-staggering-vulnerabilities-us-voting-systems/151649/

    meanwhile... meddling++   https://youtu.be/byMHT72YAcg


    meanwhile more ... meddling++   
    https://www.youtube.com/watch?v=E7BuWPHKfS8&feature=youtu.be
     

  14. Posted

    Ok - you don't have a clearance... but do you have a 'need to know' ?  do you have a 'deserve to know'?... just sayin'

    https://www.zerohedge.com/news/2018-09-23/exposed-cia-honeytrap-set-kavanaugh-accuser-cia-ties

    and does she have a big pharma / abortion pill agenda ?

    and does she have a personal agenda against Kav's mama?

    and does she have a #resistance /political agenda?

    and was she a 15 yr old drunk poundmetoo slut who doesn't remember what doppelgangbang she was under?  (havin' been a 15 year old drunk slut myself who doesn't remember who I was on top of or when... ie all memories of that time compromised / corrupted / unreliable / not credible ... just sayin')

     

  16. Posted

    Quote

    Due to his sharp wit, blacklisted former actor James Woods is among the most popular countermoonbats on Twitter, with over 1,723,000 followers. That’s why Twitter has suspended him.  Woods was suspended from posting to Twitter over a two-month-old satirical meme which very clearly parodies a Democratic advertisement campaign. While the actor’s tweets are still visible, he is unable to post new content.

    Have a look at the harmless tweet* , and judge for yourself how absurd it is for Twitter to suspend him for posting “text and imagery that has the potential to be misleading in a way that could impact an election”


    This is the tweet @RealJamesWoods was locked for.
          Wouldn’t it be ironic if the “Streisand Effect” kicked in and it was retweeted 10,000 times?

    ....

         Retweet at your peril. @jack is watching…  #FREEJAMESWOODSpic.twitter.com/eIZpGkOk6A
    — Sara Miller (@Millerita) September 21, 2018  

    ...

    Earlier this month, Woods responded to the coordinated deplatforming of Alex Jones with the remark,

    “This is the beginning of real [totalitarianism] . Trust me.” 

    ...
    Anyone who didn’t trust him then, trusts him now.

    *https://www.zerohedge.com/sites/default/files/styles/inline_image_desktop/public/inline-images/woods%20tweet%201.jpg
     

  17. Posted

    On 8/17/2018 at 10:03 PM, Trader1 said:

    I wouldn't spend a lot of times on it if I where you, the reason is that these candlesticks patterns are not working as good as they used to, this is what I have noticed over the years, and the reason for that probably are the algos, they don't seem to respect these patterns at all, and very often push price beyond them, they do work some times though,  but it's nothing you should trade by them self, only use them as confluence and other things in your trading,if you want to learn about them, try to learn from Steve Nison him self, he was the guy bringing this method from Asia. and obviously he has the bests and most accurate knowledge about them, I have seen some free vids on Youtube if Im not misstaken.

    Trader1,  that’s pretty good advice - in large part because even the traditionally 'most reliable' candlestick patterns NEVER backtested well on their own (pre OR post algos' ascendancy).

    Also, it goes beyond  "use them as confluence and other things".  Traders need to learn how to establish context level  signals first, then learn how to look in those contexts for candlestick (or whatever) chart patterns as triggers.  Most, of course,  think that just learning the patterns in the 'book' ( Nison in this case ) will suffice... they either assume context doesn't matter or they assume 'context' will come automatically if they just study the 'patterns' well enough ...   ie they 'train' conventionally... in the wrong order of precedence (... which may be sufficient in production, service, or even management work - but, in performance work, damages noobs' chances of success ... order of precedence training errors keep them in that lower 78% pareto 'forever'... 

    ...many won't even get what i'm talking about... another 'many' fall under  the 'voice of trading' narrative trance which programs the opposite... noob, if you do get what i'm sayin' - ignore the crowds, 'pay the price' of really learning context first ... and up your chances of making it in trading ... )

  18. Posted · Edited by zdo
    add 5 year sentence

    Advice for beginners

    omg       First "invest" trade a little with real money and see whats your results are, then learn, learn and learn what trading methods are appropriate to you, then when you know what you need to work on then start paper trading / structured practice sessions 

    ... and btw, you're likely better off never seeking 'confidence'.  Most traders do not need to "establish your confidence".  ie For most traders, confidence leads to mistakes in risk.   Generally speaking, any 'confidence' applied before having traded for ~ 5 years is wasted and costly...

    If you do need 'confidence' and don't have any , then use what courage you have ...

  19. Posted

    Sick orwell?


    ... continued from http://www.traderslaboratory.com/forums/topic/12399-free-dumb/?do=findComment&comment=190954

    Re a line in that quote - “And instead of code, it’s narrative.” However, technocratic ‘globalists’ continue to seek automation/AI code to assist with their ‘narrative trancing’.  


    Still in its infancy... but growing like a weed...

    Quote

    Google wants a complete ledger of your life – a complete account using extensive data of all your actions, decisions, preferences, movements and relationships. It then wants to use pattern recognition and other tools with this data to direct your life. At first, this so-called Selfish Ledger will be user-driven, but the implication is that soon thereafter it will be driven by the ledger itself (i.e. AI) programmed with “Google’s values” (whatever they are). The deeper meaning of the Selfish Ledger is shocking: Google freely admits that it is aiming for complete species-wide understanding with the Selfish Ledger, and thus to be able to direct human evolution.

    What is the Selfish Ledger?

    As described in the video, the Selfish Ledger will be a complete record or account of who you are. The word “ledger” denotes accounting, numbers and (now) blockchain. Google is planning to pitch the idea to the public by presenting it as a “selfish” ledger that is all about you. They state in the video that initially the ledger would be user-driven. So, the user would select “the volition” of the ledger, e.g. input the goals or values, then allow the ledger to help him/her make better decisions to reach those goals. The video states people would initially use it in the areas of health or environmental impact, then measure themselves up to it. Google gives the examples of the ledger suggesting to the user where they could buy locally-sourced bananas or how they could carpool (better environmental choices). The ledger could also be used to suggest entirely new, custom (bespoke) and never-before-made products for people based on their data (needs and preferences, which it would know intimately). The ledger would rely on all existing data.

    However, the video quickly moves on to point out how the Ledger could then seek other data sources to fill the data gap. It also implies that after the initial period, Google would provide the Ledger with the goals, and the user would therefore be molded and directed to adhere to objectives and values which he or she did not choose. Google’s values appear to be anything but good or neutral. They recently dropped their original company motto of “do no evil” (didn’t want to be hypocritical I guess) and were caught numerous times flagrantly rigging the search algorithms in Hillary Clinton’s favor during the 2016 US presidential elections (but don’t worry about that because it was all the evil Russians’ fault). Google simply fires employees who speak out against its bias and ideology (e.g. James Damore). Google has never really been about a “search engine” but rather a filter, censor and controller of information. Google-owned YouTube has been an active purger of alternative channels for years now. Google’s philosophy is clear; it’s motto may as well be “we decide what information you will be permitted to access.”

    https://www.wakingtimes.com/2018/09/18/googles-new-selfish-ledger-aims-to-direct-human-evolution-and-track-your-entire-life/

    sick orwell?

     

    ...


    Here’s your first clue that this ultimately will not work to make your life and society’s life better - utopia does not scale beyond one.
     

  20. Posted

    “The crowd has a deep pressure on you whether you know it or not.” o

    Quote

    In the movie The Matrix, humans are imprisoned in a virtual world by a powerful artificial intelligence system in a dystopian future. What they take to be reality is actually a computer program that has been jacked into their brains to keep them in a comatose state. They live their whole lives in that virtual simulation, without any way of knowing that what they appear to be experiencing with their senses is actually made of AI-generated code.
    Life in our current society is very much the same. The difference is that instead of AI, it’s psychopathic oligarchs who are keeping us asleep in the Matrix. And instead of code, it’s narrative.


    Society is made of narrative like the Matrix is made of code. Identity, language, etiquette, social roles, opinions, ideology, religion, ethnicity, philosophy, agendas, rules, laws, money, economics, jobs, hierarchies, politics, government, they’re all purely mental constructs which exist nowhere outside of the mental noises in our heads. If I asked you to point to your knee you could do so instantly and wordlessly, but if I asked you to point to the economy, for example, the closest you could come is using a bunch of linguistic symbols to point to a group of concepts. To show me the economy, you’d have to tell me a story.
    ...

    https://medium.com/@caityjohnstone/society-is-made-of-narrative-realizing-this-is-awakening-from-the-matrix-787c7e2539ae
     

  21. Posted

    Are you constitutionally illiterate?

    Quote

     “That was when they suspended the Constitution. They said it would be temporary. There wasn't even any rioting in the streets. People stayed home at night, watching television, looking for some direction. There wasn't even an enemy you could put your finger on.”—Margaret Atwood, The Handmaid's Tale


    We can pretend that the Constitution, which was written to hold the government accountable, is still our governing document.


    The reality we must come to terms with, however, is that in the America we live in today, the government does whatever it wants, freedom be damned.


    “We the people” have been terrorized, traumatized, and tricked into a semi-permanent state of compliance by a government that cares nothing for our lives or our liberties.


    The bogeyman’s names and faces may change over time (terrorism, the war on drugs, illegal immigration, etc.), but the end result remains the same: our unquestioning acquiescence to anything the government wants to do in exchange for the phantom promise of safety and security.


    Thus, in the so-called named of national security, the Constitution has been steadily chipped away at, undermined, eroded, whittled down, and generally discarded to such an extent that what we are left with today is but a shadow of the robust document adopted more than two centuries ago.


    Most of the damage, however, has been inflicted upon the Bill of Rights—the first ten amendments to the Constitution—which historically served as the bulwark from government abuse. 
    ...
    ...Richard Dreyfuss warned:
    “Unless we teach the ideas that make America a miracle of government, it will go away in your kids’ lifetimes, and we will be a fable.You have to find the time and creativity to teach it in schools, and if you don’t, you will lose it. You will lose it to the darkness, and what this country represents is a tiny twinkle of light in a history of oppression and darkness and cruelty. If it lasts for more than our lifetime, for more than our kids’ lifetime, it is only because we put some effort into teaching what it is, the ideas of America: the idea of opportunity, mobility, freedom of thought, freedom of assembly.”

    https://www.rutherford.org/publications_resources/john_whiteheads_commentary/suspending_the_constitution_in_america_today_the_government_does_whatever_it_wants

    ... btw, the 'statists' started whittling away on the 'constitution'/ concept on day one... centuries ago... no surprise 'it' is in jeopardy now...
     

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept