I'm a bit...fed up, confused...whatever
-
Scalping2go
- Posts: 16
- Joined: Sun Feb 16, 2014 1:42 am
Thanks for the comments I would be willing to make a video or post the charts over time but as far as my technical ability goes "I am still in the trees". Had a look at the greyhounds - only two races - no bet because of the market size and looked at the price movement of the first two favs. - when one drifted the other moved in. Demonstrated what i use on horses. If a moving average it added to the charts the crossing of this measure by the price is a good indicator to spring into action.
Books to read instead of this forum which has veered off course.Scalping2go wrote:Thanks for the comments I would be willing to make a video or post the charts over time but as far as my technical ability goes "I am still in the trees". Had a look at the greyhounds - only two races - no bet because of the market size and looked at the price movement of the first two favs. - when one drifted the other moved in. Demonstrated what i use on horses. If a moving average it added to the charts the crossing of this measure by the price is a good indicator to spring into action.
Fooled by randomness - N Taleb
Drunkards walk - L Mlodinow
This book will make you smarter - various authors
Blowing up - Gladwell - http://gladwell.com/blowing-up/
The Gladwell article was interesting. I liked this in particular:
What the normal trader gets from his daily winnings is feedback, the pleasing illusion of progress. At Empirica, there is no feedback. “It’s like you’re playing the piano for ten years and you still can’t play chopsticks,” Spitznagel say, “and the only thing you have to keep you going is the belief that one day you’ll wake up and play like Rachmaninoff.”
Everyone can understand the theory of long losing runs, but (in my experience anyway) when you go 20 points down it's tempting to throw in the towel or do something stupid to recover your lost money.
Jeff
What the normal trader gets from his daily winnings is feedback, the pleasing illusion of progress. At Empirica, there is no feedback. “It’s like you’re playing the piano for ten years and you still can’t play chopsticks,” Spitznagel say, “and the only thing you have to keep you going is the belief that one day you’ll wake up and play like Rachmaninoff.”
Everyone can understand the theory of long losing runs, but (in my experience anyway) when you go 20 points down it's tempting to throw in the towel or do something stupid to recover your lost money.
Jeff
I came across this page on FB: https://www.facebook.com/badgerthesportstrader
It appears that the Badger is alive and well!
Jeff
PS Newbies - Before you approach the Badger, a word of advice: he sometimes has a fearsome temper! If you think Mugs can be direct, you ain't seen nothing!
It appears that the Badger is alive and well!
Jeff
PS Newbies - Before you approach the Badger, a word of advice: he sometimes has a fearsome temper! If you think Mugs can be direct, you ain't seen nothing!
Ferru123 wrote:I came across this page on FB: https://www.facebook.com/badgerthesportstrader
It appears that the Badger is alive and well!
Jeff
PS Newbies - Before you approach the Badger, a word of advice: he sometimes has a fearsome temper! If you think Mugs can be direct, you ain't seen nothing!
The Badger has a website and a twitter feed. http://thesportstrader.com
Twitter feed is quite active. https://mobile.twitter.com/SportsTrader_AU
There are a few screen shots of his daily p/l and his horse trading prowess and videos etc.
And a bit of wisdom http://sportstradinglife.com/2011/09/in ... he-badger/
-
maycontainnuts
- Posts: 88
- Joined: Wed Oct 10, 2012 5:58 pm
Don't have anything to do with Badger, avoid at all costs, totally not in the same league as real pros and uses every trick in the book to make himself look good but is basically all talk and very little else. He is one of these take out merchants who sells the trading dream hard but has never even done it properly himself. Avoid like the plague. Doesn't trade in an real capactiy despite what his marketing rubbish will tell you.
Gives the industry a bad name.
Gives the industry a bad name.
-
Online Trader
- Posts: 211
- Joined: Wed Apr 21, 2010 7:13 am
I must admit from what I have seen of him on Twitter he appears to be one of these people that never places a losing trade, he is very keen to sell his eBooks and his subscription service though......... 