Recruiting Forum Football Talk II

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Standard deviation of individual trade results (expressed as multiples of R) divided by system expectancy. Developed by Van Tharp. Higher is better. Greater than 2 is decent, greater than 3 on really good, greater than 4 is grail. It is a similar concept to Sharpe.

Newbs curve fit systems and then get wiped. Real traders know their edge, expectancy, and SQN and can be consistently profitable.

Trading isn't gambling, but neither is it investing.
I find trading is similar to poker in the old adage, "poker is 100% luck through 1 hand, poker is 100% skill through a lifetime". Variance ruins and rewards all.
 
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I remember livestreaming Ty Chandler absolutely destroy guys in highschool . Hope the light comes on for him
 
I do have a mentor. He’s been amazing. I’m a price action/fundamentals trader while keeping the news in front of men I don’t get into technical analysis except to confirm what I see. I have very tight stop losses with a focus on pip growth more than just a % of growth.
Sorry, but wouldn't price action be TA? Not fundamentals?

Or do you mean you have analyzed the fundamentals down to a specific buy/sell point? I've analyzed that before, but grooming over pages and pages of footnotes in the 10-Ks (where the real added-value info lies) was exhausting. Not for me! Great for a 60-hr week job as an equity analyst. I can see why many traders shy away from FA-heavy stuff.
 
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That 17 class... Yikes. Trey Smith, Josh Palmer, and Cimaglia are all very solid though
Trey is arguably the best OLmen we’ve had here. Use a better word than solid.

Catbone and Hank disagreeing on something . What a time to be alive. Im here for it
 
Trey is arguably the best OLmen we’ve had here. Use a better word than solid.
Trey is arguably the best OLmen we’ve had here. Use a better word than solid.

Of course Trey is a monster! But that one player doesn't make missing on 80% of the class any better...

Look at

Ignont, Reid, Murphy, Gray, Crosby, Labruzza, Thaxton, Page I could go on and on
 
14 and 15 were great. 16 was pretty good. 17 was bad. Yeah there were a couple good players but a lot of those guys had no business signing with us
17 had paper stars out the wazoo. Even VQ said as much a few months back about T. Bailey, when they were the only ones had him as a 4* 😃
 
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