Today's Horse Racing

[ruthlessimon]

I wish I did though.

[Korattt]

I am not Euler, but can say.. I do not think anyone is on his level. Certainly from knowledge and experience I would say their isn't any.

that’s interesting, are we in agreement then that no one can work out Euler’s edge(s)

[ShaunWhite]

I am not Euler, but can say.. I do not think anyone is on his level. Certainly from knowledge and experience I would say their isn't any.

Maybe you're right, maybe not. But how would you know? Some people just get on with it and don't have a public profile.
Even Peter admits there's other individuals out there specialising in certain sports that he could learn from (I'm sure I heard that said on a vid somewhere)

The BF accounts wouldn't help either because a few others might be equally effective, but be satisfied with lower earnings.

I joined BF in Dec 2000 and I don't think the membership was just me and Peter. I didn't devote myself to it but I'd be astonished if there wasn't at least 10s of people that did.

[Derek27]

I am not Euler, but can say.. I do not think anyone is on his level. Certainly from knowledge and experience I would say their isn't any.

Usain Bolt is the best sprinter I've ever seen, but I can go further and say he was the best because he competed against the fastest men on the planet.

I'm amazed you can draw such conclusions in the world of trading where traders don't compete against each other and remain unknown.

Don't get me wrong, I have a lot of admiration for Peter as a trader, teacher and innovator and have learnt a lot from him. I just wish people on this forum didn't treat him like a god - he is indeed, and by his own admission, a humanitarian.

[Akajak]

I have got a serious tip this evening. Same contact who got me Cosmeli at 33/1 back in January!!

This going to be bet too. If you can trade it for a steamer and than back it. Big confidence in this. Ive just managed to get on in a shop. Hopeful for a good trade.

8.40 newcastle: Terri Rules-currently 4.8 will go off fav!

It's a Hugh Taylor selection

[ruthlessimon]

I'm amazed you can draw such conclusions in the world of trading where traders don't compete against each other and remain unknown.

Certain aspects need to be queried yes (i.e. understanding the utility of certain advice). However, Peter's longevity & profitability cannot be questioned, & is god status (& depending which religion you wanna go with there can be multiple gods) - btw I'm not religious

If such a trading leaderboard existed (which they do i.e. Barclay hedge etc) I reckon yr on yr, a different person would win it. There's very little "stickiness" to success. A "sticky" winner is a god in my view. & Peter's pretty dang sticky

Note Heathcote, arguably better than Peter, wasn't sticky (longterm 5yrs+), & the fact Dave recently agreed that his methodology wouldn't work today.. make of that what you will

[ShaunWhite]

There's very little "stickiness" to success. A "sticky" winner is a god in my view. & Peter's pretty dang sticky

mmm that's not really the mental imagery I wanted, I don't know how to unthink that.

I'm not sure people suddenly stop being good at their job, especially if you acknowledge adapability. Lets not forget the 24/7/52/20 too, if you put that much effort into anything wouldn't you expect to be one of the best?

"The average person mistakenly believes that it is an abnormal, almost magical talent that makes someone successful, but this is not true at all. Behind every success story is a remarkable story of remaining consistent. Specific behaviours repeated consistently for extended periods of time have a major effect on the level of success you will inherit.

The secret to becoming a champion at anything is not a matter of possessing remarkable talent but the continuation of being consistent over and over again. The secret to success and extraordinary results, are the repeated actions of doing the right things daily, weekly, over and over"

https://www.menprovement.com/become-a-c ... -anything/

[ruthlessimon]

I'm not sure people suddenly stop being good at their job, especially if you acknowledge adapability. Lets not forget the 24/7/52/20 too, if you put that much effort into anything wouldn't you expect to be one of the best?

Well he is a pornstar so.. might be truer than we like to believe

That is very true - unless their "success" was the result of pure randomness (i.e. all sock pickers ) . Social trading is a brilliantly demonstrates the concept. Someone will be up 100% with an amazingly smooth equity curve - & think they have an edge.. 6mths later they're gone. The question is determining whether their results were random; but just how does one prove/disprove this Especially a discretionary strategy, because it's a catch 22. You're only profitable if you have a positive expectancy, but you only know you have a positive expectancy if your profitable

[ruthlessimon]

Here's a chart of a trader's consecutive winrate over 1million trades (automated) - & amazingly he documented the strategy in great detail - anyone can copy it.

Does he have an edge looking at his p&l?
Would you invest in his fund?



P.S. Jeff don't spoil it!!

[jjrrjj]

SHR

I dobed it but didnt even need to bother!
NICE!

[ShaunWhite]

8.40 newcastle: Terri Rules-currently 4.8 will go off fav!

With a 57.29% avg diff from BSP and 75% over 50%, it's another famous Seahorse Dobbin' Dobbin.
....time to go and switch off my ip-stopper again

Kerching....shoulda, woulda, coulda let it run to the line. Drift was a slight concern but it needn't have been.

Friday, done, tick.

[Naffman]

Well done SHR - won easy

[SeaHorseRacing]

Very late money came for it just before the off... feeling alittle hard done by taking 100/30. But very happy.

[ShaunWhite]

Here's a chart of a trader's consecutive winrate over 1million trades (automated) - & amazingly he documented the strategy in great detail - anyone can copy it.

Does he have an edge looking at his p&l?
Would you invest in his fund?



P.S. Jeff don't spoil it!!

Not enough info? If that's £1000 from 1m £1000 trades, a fag paper has got a thicker edge.

But otherwise I'm unconvinced, I've seen too many like that just showing a natural varience, but then return to the norm. I'd like a little less noise on that line, especially over 1m trades. There's a loss of 750 in one patch of only about 200k trades.

Would I invest, no.

What's the answer? Should I give up now

[ShaunWhite]

Si, take that question to another thread.... it could run and run and it's interesting.