Ed Seykota provided most of these images and comments
Video
below shows the Precision Probability Index trading system which
achieves a good lake ratio. Shown here with speeded up
data
The word trivia is derived from tri ( three ) and via ( street ) and people who bumped into each other would make dull gossip about the community hence the name trivia
Cost of three eggs in Zimbabwae..
The price is 100 billion Zimbabwae
dollars.
After the currencey collapse people took to carrying
bags of Gold dust to use instead of cash
Even now this is on
the verge of happening in Argentina,
read the story here
Elephant Stampede , should you run or stay there?
Fundamentalists typically feel their analytics eventually control
events.
Trend Followers are content to submit to
the flow of events
Stampede!
Trend Followers don't stick
around to convince
Mr. Elephant that he is supposed to be
somewhere else.
The positive intention of fear is risk control
Your experience of collapse may depend on your position.
To get off the hook, go with the flow.
Meaning is if you are stuck in a bad trade going against you,
its time to reverse it.
Father time
These days people are
showing a lot of concern
that markets are different and trend
following methods no longer work.
I recall, in the old
days, people showing a lot of concern that markets are different and
trend
following methods no longer work.
January, 1900 Pronouncement: The Markets Seem
Different Now.....
Not using stop
losses is like.......
Sure thing, no worries, Of course I'll take good care of the
chickens for you.
Risking 100% on a trade and watching it closely
....can have all kinds of interesting side effects.
Over complex trading system
Carrying a heavily complicated system around
with you, can lead to interesting drama.
The
Plover is akin to the scalper
Lives on pieces of food and leeches
he finds in
the mouths of crocodiles.
Good legs are helpful
in this line of work.
The Crocodile allows the Plover to enter its mouth
and take bits of food. The Plover gets a free meal
and the
Crocodile gets clean teeth and gums.
The Trend Trader
allows scalpers to take a few
points here and there, against
the day when he
just wants to keep buying and buying and
buying ...
and the scalpers get to experience drinking out of
a fire hose at close range.
Fundamentalists know when to catch a falling knife.
Answer: When it's cheap
So do trend traders.
Answer: When it stops
falling
Thanks to Ed Seykota for providing these shots
These pages below will
also appeal to those who enjoy ratios, statistics and calculations.
Prodcuts designed for TradingView
platform
Price target
computer (
Predicts exact maximum high and low )
Computing optimal risk
( Same method as the Las Vegas card counter Ed Thorp )
Proof of optimal risk (
Proves the above formula is effective )
1987 crash calculator ( Calculate your
loss or profit if the 1987 crash happens again )
How to test a trading
system ( Video simulation and maths )
Beginners guide to trading part one (
Six parts )
Hedging a portfolio with
traded options
View
the Product guide for all platforms supported
The contact page here has my email address and you can search the site
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like what you see, feel free to
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Precision Trading Systems was founded in 2006
providing high quality indicators and trading systems for a wide range of
markets and levels of experience. Supporting TradingView, MetaTrader 4 and 5, NinjaTrader, Tradestation and
MultiCharts.
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