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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: POKERSAM who wrote (29570)	8/5/2018 1:40:31 AM
From: Robohogs	Read Replies (2) \| Respond to of 41501

I sent you a private note no hard feelings and apologies if my style caused that. I think you and I would be friends in real life but our workdviews are very different. I am very shades of gray and schizophrenic. I am always shifting. I expect 60% of one style of my trade to fail but the key is to get good pricing so losses are modest and wins nice. As long as vol is early in week or if it is one direction, I can easily adjust. But everything to me is getting trades out every direction and managing the book. It is a new adjusted style but results work for me. I am angry lol by Sat at all the failed trades with results usually in bottom 1/3 of my expected range which is often say BE to up X. 9/12 weeks profitable and I know the flaw in the system. Biggest week above ansolute value of worst. Over-reaction to the known flaw caused 2 other losses and 3rd due to under-reaction. All caused by poor decision making. Trading by studies is also probabilistic. Even a 100%study is likely mis-specified either to what is tested or when. So no absolutes. I look at preponderance of evidence and then use basic TA to help ID right vs not right. You OTH as you say are black and white. I used to be more like that. I think having my kids and winning some funny biz in business adapted me. I used to pursue only biz that was like 50+% odds to win. I was overly nice to direct reports and all other depts. some other frontline guys criticized me for all of that lol. So, one adjusts. Jon PS Previous versions if my system were mote predicated on being right. Probably 60/40 even but losses were too big killing profits. Now I am very ambivalent early in week and ruthless at end of week or during straight up/down move.