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Old 10-30-2008, 08:33 PM   #9
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Re: Bootstrapping Back

Ok even if only one noob benefits it would be worthwhile...but my guess though is that not one single noob would get something transferrable. Enjoyable yes... inspirational yes... but truly helpful - don't think so. Noob's time needs to be spent in his own real world, not watching someone else on a simulator...
Generally applying principles doesn't work well in trading because every tweak to any system actually renders it a wholly new system with the need to reconfigure position management, risk management, sizing management parameters. etc. - so a noob who transfers boostrap's modes to his own even a slightly different system is going to get hosed... to a significantly different type of system and he's freakin' doomed for sure.

If you were to invite noobs to trade along with you with this, the most important thing they will learn is it's better not to to wear someone else's pants (for all kinds of reasons ) So they would learn - but not optimally. Most would drop off some of them actually damaged... but again even if one benefits I guess it would be worthwhile

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Old 10-30-2008, 10:39 PM   #10
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Re: Bootstrapping Back

Quote:
Originally Posted by bootstrap »
no ego here. i don't have to share this.

and i would have to say that you are correct on every other point. but what if this little game shows the newb's why entry is not the key? what if it shows what is the key? i really have nothing to prove. i can disappear into the thin night air, and never look back. all you guys have to say is go away, and it is done. i just thought that some might gain a small insight to the process that is all. they get to watch a disciplined trader go through the steps. take those trades after a string of losses. take money off the table when it lookslikeyo uare bout to hit that home run. not question what they are doing, but believing in themselves and the process.
I love these experiments. Especially like this one suggested...it's not an ego thing and it's like a realistic journey a newbie could use at motivation.

I say run with it. I'll be watching it unfold.
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Old 11-09-2008, 07:04 PM   #11

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Re: Bootstrapping Back

I for one, am very interested to learn all the details of what you use (good free simulator software, etc.), and your journey on this challenge, as I am in a similar bootstrapped situation, and would like to see how someone else does it from the ground up.

I would like to learn what I can by observing the progress of your experiment please.
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Old 11-23-2008, 02:38 PM   #12

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Re: Bootstrapping Back

Bootstrap:
Did you ever go forward with the experiment?
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