Australian (ASX) Stock Market Forum

Daffy Trades Micro Patterns under $1

The truth is, whether the trades returned 5% or 35% over this period is neither here nor there. The nature of this strategy is that one or two good wins will move the results greatly. The actual number is not important... but having it correctly calculated is (at a minimum for tax purpose!).

Totally agree. The profitability couldn't be properly accessed anyway.

As Tech often states...unless trades are done live or verified they mean nothing. I don't believe he ever intended to concentrate on profits/losses looking at the the way he was posting the trades. It was all about the patterns and setups; Buy triggers, Initial stops, adjustments of trailing stops and targets etc.

It was a good learning curve for newbies and even more advanced traders looking for a different strategy. In hindsight maybe the profit factor should have been omitted.
 
SKF gave Tech/a an out by calling the accountant to task.

Yeah. What Tech/a should have done was say "look, I'm sorry. I was so busy running my multi million dollar steel business that I only had time to post the setups. It was actually my wife doing the accounting."

 
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I'm guilty of regularly stopping by but not really thanking Tech/a until now. Not currently a trading universe or style in my grab-bag, but greatly appreciated the insights. Any trader not willing to keep learning may as well cash up and stop all together.

skc, really appreciated your write up of the trades and equity curve interpretation. Tech/a and many others have preached on how critical good risk/reward management is. IMHO the easily assimilated but detailed summaries you (but also peter2 in his threads) provide are INVALUABLE. I'm a spreadsheet nerd with the best of 'em, but always learn from what parameters others are monitoring and trying to optimise.

Hope tech/a returns at some point to kindred trading spirits here. In the meanwhile quite entitled to a break for a while. Perhaps some Christmas forgiveness might set in next month....
 
Yes you are correct.

I'm done.

I don't have the time or inclination.
All the best to everyone.
Hope you all find financial freedom.

Ducks left the building for good.

Perhaps the "accountant" errors hint to an underlying health condition?

Me thinks his time and inclination statement may be a tad more cryptic than it first appears.

I sincerely hope all is well with tech/a because I find it hard to believe that ledger errors have caused him to leave, and leave for good. To me the Duck came across far more resilient than that and his ego wasn't easily bruised.

Certainly miss his input here.
 
Might be worried about copping another plucking given that we're coming into thanksgiving and some traders are unable to differentiate between turkeys and ducks.

Please come back Daffy!

I am certain that I am not alone in missing your presence on this forum.

It's all that I want for Christmas this year! Don't let Santa disappoint me!
 
Might be worried about copping another plucking given that we're coming into thanksgiving and some traders are unable to differentiate between turkeys and ducks.

Please come back Daffy!

I am certain that I am not alone in missing your presence on this forum.

It's all that I want for Christmas this year! Don't let Santa disappoint me!

I so second that: Please come back, Duffy :xyxthumbs
 
I like the duck and think his insights are useful and like it when he pulls me up on something to have a closer look.

I'm just wondering did any of you calling for his return make any money out of anything he posted up?
 
I like the duck and think his insights are useful and like it when he pulls me up on something to have a closer look.

I'm just wondering did any of you calling for his return make any money out of anything he posted up?


I know what you're saying but forums have other functions which are more important than profit. People like to see a familiar person posting regularly. Gives a sense of contuinuity and I guess comfort also. I'd be happy to see him back posting. It would be nice to be wanted to that degree!

I'm considering starting a long thread and then storming out mid way. Would be nice to have people say "come back GB!!!". When I had a break recently (12 months or so), only one person said it was nice to see me back! Devastated! :cry:
 
You had a break? :eek:

The Duck not only posted about trading but also spread his dry wit across many threads and I for one liked it :2twocents

I also miss robots and medicowallet (both at different ends of the spectrum) but that's the kinda guy I am :bonk:
 
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