Dan’s Holy Gospel Hour: New Trading “Experts” via their “God Box”

Posted on Dec 15 2014 - 1:53am by Sharpe Trade

I have something a bit early today, for the London open.  Because as those of you who have followed my work for years know … 

You may know that I am apt to ‘rant’ from time to time.

I had this teacher when I went to High School more than 24 years ago.  Mr. Jabe.  He was a 27 year old guy in our Architecture and Drafting classes.  As he was 27, we considered him the really “cool” teacher at the time.  Naturally, as he was the “cool” teacher and we were a pack of idiots, we’d give him a ton of garbage because we felt that we could get away with it.  You know … because he was “cool”.

Of course, what we did not realize since we were young and stupid, is that ol’ Mr. Jabe had a boss.  Someone to report to.  This wasn’t “school” to Mr. Jabe.  This was his job.  And the garbage that we gave to Mr. Jabe, got back to Mr. Jabe’s boss.  Which meant grief for the “cool” teacher that we were giving a ton of garbage to. So every once in a while, he’d march into class.

Shut the door.

Lock the door.

And say:  “Alright listen.  I’ve been getting barked out.  So you are in for a Mr. Jabe Holy Gospel Hour.  So sit down, and shut up“.  And he’d ream us out for a solid hour.  He got his rant in.

I’ve sort of adopted that ‘model’ as it were when I rant …

So lately, I’ve been checking out our competition.  And there are some good guys out there.  There really are.  And let me stress something before we get started here ..

I know gentlemen that I believe are true traders, who are adaptable and flexible, who use automation and algorithms.   The only real problem I have, is those that use automation and algo’s to trade, are brand new to the markets, and make wild assertions believing themselves to be the equals of the aforementioned true traders.  Let me tell you …

I’m not a fan of that stuff.

Some of what these new folks, who are nothing more than algo traders new to the scene … what they claim? I’m ramped up for a “Dan’s Holy Gospel Hour” in the following video entry …

I’ll have the “Sharpe Income” entry out in just a few hours …

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