Ross and Palsun, please take your personal dispute elsewhere. We managed to have about 50 posts without personal attacks in this thread, so it is possible.
What I’m trying to say is market efficiencies or inefficiencies have nothing to do with trading. Trading is about prices moving up or down and trading with them. The efficiency argument is irrelivent to trading.
I do not wish to have a dispute. I wish Palsun to stop spreading dreamland concepts as if it has any place on a trading forum.
I am tired of his concept that C2 and MK are a wasteland, that some of the regular posters here are evil, twisted, satanic entities.
I am tired of the hiding behind multiple aliases, off-the-wall beliefs, and long-winded posts that bury good points under a barrage of Ayn Rand, alternate world realities.
I am tired of someone who dismisses industry standards as moral corruptions, in the alternate reality that perhaps we could code whacko concepts into viable trading systems. I think the record speaks that he cannot.
I
I don’t understand that. Are we talking about the same concept of efficiency? I mean efficiency in the sense of the EMH.
I do not know why you had to answer this question. Maybe this will help:
mas·ter noun
1. a person with the ability or power to use, control, or dispose of something: a master of six languages; to be master of one’s fate.
2. a person eminently skilled in something, as an occupation, art, or science: the great masters of the Impressionist period.
3. a person whose teachings others accept or follow: a Zen master.
I’m tired of that too, but you only make it worse by replying to him. Also, these points are not the topic of this thread.
"Of couse they will have no or little benifit when used as the experts tell us to use them, this is why you must throw out the experts and replace them with rational and creative thought."
I will wait for your evidence. I do not accept individual testimony, when it comes to dismissing the accepted paradigm. Science calls them quacks and statistics calls them anomalies.
> The Truth will prevail, ultimately…
Finally you see the light! Thank you!
>I do not wish to have a dispute.
Neither do I wish to have a dispute.
>I wish Palsun to stop spreading dreamland concepts as if it has any place on a trading forum.
I wish that you would keep to yourself your bizarre theories because it has nothing to do with trading as Frank, so eloquently pointed out…
>I am tired of his concept that C2 and MK are a wasteland,
No it is not yet a wasteleand though you try to make it so desperately; I’m trying to prevent it from becoming a wasteland by the actions of likes of you…
>that some of the regular posters here are evil, twisted, satanic entities.
Some of them like you are, indeed…
>I am tired of the hiding behind multiple aliases,
So, stop using them…
>off-the-wall beliefs,
So, don’t have any…
>and long-winded posts
So, keep it short and don’t make it into a catalogue of woes…
>that bury good points under a barrage of Ayn Rand, alternate world realities.
Yours is the alternate, bizarre world of unreality…the litany of diseases, disasters, and calamities that fills your mind and your posts . I get nothing but the sense of your fear and tembling, Angst, death, nothingness and nausea, reading your posts…
>I am tired of someone who dismisses industry standards as moral corruptions,
Corruption is corruption, wherever it originiated from…
>in the alternate reality that perhaps we could code whacko concepts into viable trading systems.
Such as yours? sure, you can, because you are a whacko…
>I think the record speaks that he cannot.
I can as my record speaks and you cannot as your own record which is BS walks…
I rest my case.
Thank you. You don’t even have a case. It is dismissed.
" The efficiency argument is irrelivent to trading."
My idea of trading, showed a little ignorance on that statment. If some can trade on that argument good for them.
> # 1 secret to developing a trading system, remove everything experts say from your thinking. This is perhaps the biggest stumbling block.
I agree everyone needs to find their own niche. There is a Zen
saying to the effect “if your cup is full of tea then no more tea
will fit in your cup”. Nonetheless:
“If I have seen further it is by standing on the shoulders of giants.”
Isaac Newton, Letter to Robert Hooke, February 5, 1675
Here are two more:
“I keep the subject of my inquiry constantly before me, and wait till the first dawning opens gradually, by little and little, into a full and clear
light.”
“If I have ever made any valuable discoveries, it has been owing more to patient attention, than to any other talent.”
Isaac Newton
Here’s one I need to remember (maybe Ross and Pal should too):
“Tact is the knack of making a point without making an enemy.”
Isaac Newton
Now that’s a guy ya gotta love.
" I do not know why you had to answer this question."
There are trading masters and there are experts that think they are masters of trading, big difference.
Too many assumptions underlying the hypothesis that are questionable, for example the possibility of trading in continuous time, the notion that everyone is rational and that all information is accessible to everyone at the same time.
All these theories work great for a person at the "margin". In the world of finance the marginal trader or investor is someone who has little or average knowledge about investing/trading and most likely buys tops and sells bottoms. For such an investor the EMH is indeed a reality. Nonetheless, not everyone is "at the margin", and we do see successful traders and funds. The problem is that too many people consider themselves successful, while in fact they are just, like everybody else, marginal traders who will never escape the reality of the EMH.
"if your cup is full of tea then no more tea
will fit in your cup".
What I am saying is empty your cup and fill it with fresh tea. If some of that tea comes from others good, but remember it can be a difficult task to seperate good tea from bad.
Yes tact, thank you Isaac Newton.
This is my last post addressing the multi-personality syndromatic in this thread, as he has a continuing need to get in the last word, even when he has nothing to say…
"It is dismissed."
That is decided by a judge or jury, not by asylum escapees…
A nice summary (imho) of the pros and cons of the EMH is given in Wikipedia.
Frank, it would help if you read the posts instead of skimming them. There is no need to argue whether they were experts or masters, or to introduce your opinions about whether experts should be ignored a la Palsun, and whether there was an argument about who appoints them. It was very clear they were not self-appointed nor experts in their own mind:
"I would say that if you and I stood in front of 100 accepted masters of trading"
Please don’t torture the thread with semantic trivia.
> "if your cup is full of tea then no more tea
will fit in your cup".
> What I am saying is empty your cup and fill it with fresh tea.
That is what Zen master say (ah, but he is subtle and gentle…
suggesting the reader actually think for himself). Making
next statement redundant:
> remember it can be a difficult task to seperate good tea from bad.
Did someone tell you it was easy? They lied.
