THE RESEARCH GAME
The player’s first obligation is to maintain the status quo of the Game. Within the Game, the object is to rise above the other players.
Do not research an entirely new field
Example: an actual conversation which took place in a university Psychology department in 1988.
Student: There seems to be a need for good quality research in the field of hypnosis.
Professor: I would never allow it in my department.
Student: Why not?
Professor: Because hypnosis is not a respectable field for research.
Student: Why not?
Professor: Because it has no serious published literature.
Student: Why is there no literature?
Professor: Because nobody has done the research.
Student: Why has nobody done the research?
Professor: Because it’s not a respectable field of research.
Doing something that is useful outside the Game is not only irrelevant, but is seriously discouraged.
A player finding a solution for a real-life problem seriously disrupts the Game. Other players’ ‘expertise’ is lost.
From FORBIDDEN SCIENCE, R. Milton
Frank, there is serious research out there on trading systems. This would not qualify as serious research and I’m not going to say anything else about it until the system crashes and we see that I was right, which has a probability near 100%.
Anyway…maybe the forums are fine for now. I liked the forum for new traders.
Let’s try that with a different slant.
"Example: an actual conversation which took place on C2 within the last week or so, regarding clothing mood and color and its influence on the market.
Student: There seems to be a need for good quality research in the field of Ouiji Boards
Professor: I would never allow it in my department.
Student: Why not?
Professor: Because Ouiji Boards are not a respectable field for research.
Student: Why not?
Professor: Because it has no serious published literature.
Student: Why is there no literature?
Professor: Because there are a lot of baboons running around out there who confuse beliefs and reality.
Student: Why has nobody done the research?
Professor: Because there are a lot of baboons who think if they howl and grunt and throw feces, that serious researchers will take them more seriously. But in the end, it is still noise and dung.
Doing something that is completely stupid outside the Game is not only irrelevant, but is seriously discouraged. "
From FORBIDDEN LUNACY? Why not R. U. Kidding
Ooh, let me try…in the same spirit…
If I get up and put my shoes on incorrectly, I’m going to short the market. If my wife notices before I do that I’m putting my shoes on the wrong foot then I’m going to buy the market. That’s a bit better…
Nothing can beat the genuine assesment: The Computerized Mood Ring Oscillator. Nothing fits a better description than that for R.U. Kidding’s example.
There is a definite need for an introduction to the proper selection of trading systems. Nobody on here knows the importance of the stats or what they would mean to a person trying to make above average returns. The intepretation of the statistics, would probably serve a better function than a general categorization of a system’s stats.
Beau - it isn’t clear to me why you are so threatened by Cari’s mood ring oscillator. Is it because she is up 4X in three months? Maybe she will fall flat on her face but it will most likely be due to over-leveraging. Same reason you will likely fall flat on your face
Time is the only real judge of a system’s legitimacy. Certainly not your ramblings.
You may be even more out of it than she is. Here performance is a fluke, and nothing more. I’m certainly not threatened by her in any way whatsoever. My concern is that people will actually believe her and end up losing money.
Let’s not forget that I’m a professional with a Fiduciary duty. I won’t go into what that means, but basically I’m completely devoted and required by law to point out these things if I’m able. The fiduciary duty I do not expect you to understand, but that’s what’s driving me.
I certainly recognize professionals and you ain’t one of them.
Well, you can say what you want, but I’m 100% positive that I’m a professional, and you can look me up if you haven’t done so at www.trewfinance.com.
You’ve lost quite a bit of credibility doubting that I’m a professional, here.
"The fiduciary duty I do not expect you to understand, but that’s what’s driving me."
Fiduciary Oath:
The advisor shall exercise his/her best efforts to act in good faith and in the best interests of the client. The advisor shall provide written disclosure to the client prior to the engagement of the advisor, and thereafter throughout the term of the engagement, of any conflicts of interest, which will or reasonably may compromise the impartiality or independence of the advisor.
The advisor, or any party in which the advisor has a financial interest, does not receive any compensation or other remuneration that is contingent on any client’s purchase or sale of a financial product. The advisor does not receive a fee or other compensation from another party based on the referral of a client or the client’s business.
Matthew,
At this point, there should be ample evidence that there is a need for a forum such as I have described, and that there appears to be sufficient demand for one as well. Once again, I’m up for it if you’re interested.
Great example, Frank, If Beau and his "professional" ilk had their way, the world would still be thought flat.
So, Beau, diagnosing the vendor’s state of mental health is a “professional opinion”? I guess we should add a PhD. in psychology to your list of qualifications? My, you truly are an all-around professional kind of guy!
That was constructive to get the point across to any of the morons on the site that would be duped by someones insanity.
So not only is the vendor insane, but the rest of us are morons? And this is constructive? Sigh…
No, anybody coming to the site without a lick of experience in choosing traders could be duped into this system.
The people who have been duped into the system are morons.
I’m not going to change my verbage when something like MMO is so clearly out of synch with what a rational person would base a trading system on.
Beau, I could have sworn you said that you didn’t need the proposed forum anyway. I agreed with you. Whay are you still ranting about it? In fact, why are you even posting on this forum at all? We were discussing a proposed forum – not MMO, or your professional status, fiduciary duties, or anything other that a simple response to MK’s request.
That’s right! Thanks for finding that, Frank.
The key phrase is in keeping the best interests of the client, which is in quite stark contrast to brokers whose interests are to the firm.
Certainly there is no advisory relationship here, but I have to believe this extends to the opinions I make on the site…mainly through my analyst page.
You referenced it, and this is how that forum would go, too.
"You’ve lost quite a bit of credibility doubting that I’m a professional, here."
That worries me tremendously Beau Anyone reading your posts can tell you are promoting your own system by trashing others. This is not professional.
If you REALLY had a duty to unsuspecting newcomers then you would start with your own system. The leverage you are using is rediculous and will ultimately lead to an implosion. As I said it is only a matter of time. And as has been brought up before, the name of your system implies that you are spread trading. You are doing anything but.