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Thread: Working together as a team

  1. #1
    Merlin,

    Where are the personal team trader forums? I can't see them on the forum list anymore.

    Diallist

  2. #2
    Quote Originally Posted by ;
    that initiative appeared to fizzle out, so I briefly removed that forum (with permission). If there's interest in it again, I'll enable that forum again.

    I was actually sad to see it fall level. I believed it was a excellent idea.
    It still is a fantastic idea, but I think it fell flat for 2 reasons.

    (1) It was overly organized and appropriate. I think if everybody had just began brainstorming ideas of what they'd love to attempt, and also the the myriad of thoughts that came forth were guided/tempered together with the wisdom of their more experience traders, a couple of good thoughts could have germinated. Once that had happened, THEN the groups could have evolved independently. No criticism of the originator is meant. Everybody admired him as leader and owner of the idea and that I think everybody was just too polite to just hop in and go.

    (2) It was just plain overshadowed by the rising star of the forum, James16, and the trading techniques he began sharing recently. Really now, who would like to develop a banana tree whenever there's a Banana Man giving away free bananas? (and paring and slicing them to boot!)

    Hmmm....maybe Jim need to change his username to Banana Man, and use the attached avatar

  3. #3
    Quote Originally Posted by ;
    I have seen other forums develop where someone posts a system which looks great because it captured a few recent moves. A bunch of individuals jump onto the bandwagon to check it out and find that it has serious problems with previous outside of sample data. Then a bunch of others jump in to solve the whipsaw issues that plague most systems and the entire attention becomes about adding and combining filters to choose the whipsaws from the (now in-sample data) system. Once the system is properly curved fitted to reveal a profit in back testing they begin trading it only to find it does not perform. Lots of energy is spent trying to address that problem and the thread expires.
    Fiji , this is not a process provoked by forums, this is the process for a great many system growth!! In your quote should you replace the forum members using a single person, this is exactly how I made processes when I was an experienced-newbie. And a number of other individuals do so too, and I presume that is the reason why you see it come out in the forums. This egy is backward to the scientific method, and why ultimately nobody makes any money from the computer system.

    I believe the team trading idea might work, but not for creating a quantitative system since quant systems require countless hours of properly conducted research and an experienced eye. Where I really do believe team trading can work is using a discretionary-technical egy (such as ) or a fundamental approach (which we dont find much in Foreign Exchange). If I were to trade based on fundamentals, I would think using a group to bounce ideas back and forth would be a terrific resource.

  4. #4
    Hi People

    There is only 1 man to blame for the team trading not moving anywhere and that's me.

    After I first came up with the thought it was mainly due to all of the negative things happening in the forums at the moment, and I thought we could try to make a positive experience for all.

    Filler, Diallist and Merlin did a lot, to aid with the team trading and although the initial response was great, it didn't come through once the TT Forum began.

    We really didn't have a lot of response to the polls we had regarding the trading styles people wanted.

    Maybe we ought to have narrowed it down and only got started on something.

    Since the idea came to me unfortunately/fortunately? I have been quite busy with my business. Far more active than normal this time of year.

    In hindsight I wouldn't have started anything had I known that I wasn't going to have the ability to invest the necessary amount of effort and time into it, for this I apologize to everybody.

    Also,the limited time that I have been required to check forexintuitive has caught my attention with James16' ribbon and ideas.
    He is so far a head of me in my trading, that, like everybody else I am now more interested about what Jim can teach me that what I can learn at this time on my own.

    I have no problem stepping aside to follow a better person and look forward to anything, I will learn from anyone here, on this excellent forum.

    Quinn

  5. #5
    Quinn, I was really impressed by your answer. You seem like the sort of person that I like to work together because you leave your ego at the door, which is rare quality amongst traders.

    You know what I was only thinking??? This particular forum IS group trading! Traders are so different in their preferences which is not easy to get a group of traders to concur more than we already do, day to day, with this forum!

    A lot of you guys dont realize that I get more out of this forum than anyone. If I have a bad trade or if im burnt on study, visitingforexintuitiveto see my group does wonders

  6. #6
    Quote Originally Posted by ;
    Hi Folks

    There is but 1 person to blame for the team trading not going anywhere and that is me.

    When I first created the idea it was mainly due to all the negative things going on in the forums at the time, and I thought we could try to earn a positive experience for everybody.

    Filler, Diallist and Merlin did a lot, to aid with the team trading and although the first response was fantastic, it did not come through when the TT Forum started.

    We really did not have a lot of response to the polls we had regarding the trading fashions people wanted.

    Maybe we should have narrowed it down and just got started on something.

    Considering that the thought came to me unfortunately/fortunately? I've been very busy with my business. Far more busy than usual this time of year.

    In hindsight I would not have started anything had I understood I was not likely to be able to invest the required amount of time and effort into it, for this I apologize to everybody.

    Additionally,the limited period I have had to test forexintuitive has captured my attention with James16' ribbon and thoughts.
    He is so far a head of me in my trading, that, like everybody else I'm now more interested about what Jim can instruct me that what I could learn at this time on my own.

    I have no trouble stepping aside to adhere to a much better man and look forward to anything, I can learn from anyone here, on this fantastic forum.

    Quinn
    Quinn,

    Apologizing for having taken the initiative with a great idea? If I may borrow the words of an infamous poster, Quinn, you crack me up!

    Your article shows clearly that you are a man's man; a cut above the rest; demoning a truly impressive show of character. Thank you for the benchmark!

    Diallist

  7. #7
    Quote Originally Posted by ;
    Hi People

    there's but 1 man to blame for the team trading not moving anywhere and that is me.

    When I first created the thought it was mainly due to all the negative things going on in the forums in the time, and that I thought we could attempt to make a positive experience for all.

    Filler, Diallist and Merlin did a lot, to help with the team trading and even though the first response was great, it did not come through when the TT Forum began.

    We really did not have a lot of reaction to the polls we'd regarding the trading styles people desired.

    Perhaps we ought to have narrowed it down and only got started on something.

    Since the idea came to me unfortunately/fortunately? I've been very busy with my organization. Much more active than normal this time of year.

    In hindsight I would not have started anything had I known that I wasn't going to have the ability to commit the necessary amount of effort and time, for this I apologize to everybody.

    Also,the limited time that I have had to check forexintuitive has caught my attention with James16' thread and thoughts.
    He's so far a head of me in my trading, that, like everybody else I'm now more interested in what Jim could teach me that what I could learn now on my own.

    That I have no trouble stepping aside to follow a better man and look forward to anything, I will learn from anybody here, on this fantastic forum.

    Quinn
    you're one hell of a person quinn. People like you prosper in life and its easy to see why.

  8. #8
    [quote]
    Quote Originally Posted by ;
    fiji , this is not a process triggered by forums, this is the process for a great many system development!!
    Since it was a forum we had been speaking about it did not seem significant to go into that. Aren't I long winded enough?

    Quote Originally Posted by ;
    on your quote above, if you replace the forum members using one individual, this is precisely how I left processes when I was an experienced-newbie. And a number of other individuals do this too, and I assume that is why you see it come from the forums. This approach is backward into the scientific approach, and why ultimately nobody makes any money out of the computer system.
    I could not agree more. Posting this will possibly help those who have followed or are following this approach, and getting frued. It is the best method to come up with a curve fitted system that will stand a high probability of failure later on.

    Quote Originally Posted by ;
    I believe the team trading idea might work, but not to developing a quantitative system since quant systems require hundreds of hours of correctly conducted research and an experienced eye. Where I do believe team trading can work is using a discretionary-technical approach (like ) or a fundamental approach (that we dont find much in Foreign Exchange). If I were to exchange based on fundamentals, I would think using a team to bounce ideas back and forth with would be a terrific resource.
    Perhaps the group trading thought could work. If so it would be nice to discover a model where it has functioned and discover out exactly what made it work. Adapt the version. Odds are it will fail if left to the normal processes that individuals use to system development -- such as fundamentals. I don't equate normal with successful since it is common to fail at this.

    FT

    PS. If it seems like I'm against the idea of a system develpment ribbon... I'm not. What I'm against is putting up versions that are likely destined to fail. I think that using a formerly successful version to work out of is a critical but often overlooked component of devising a successful undertaking. If planning and structuring such a forum seems like an intelligent idea why not find the most successful one potential and figure out why it was successful and then use that as a model/template to work out of?

  9. #9
    I hear fiji. So where would one look for a good model to borrow? What group of people (all differing in thoughts and philosophies) has gotten together in a team enviornment and been able to create something very sucessful?

  10. #10
    Quote Originally Posted by ;
    i hear ya fiji. So where would you look for a fantastic version to borrow? What type of individuals (all differing in thoughts and philosophies) has gotten together in a team enviornment and managed to make something quite sucessful?
    The olympic games!

    Sorry but the answer will not match the question.

    Regrettably I do not have an answer right now but it seemed like a fantastic idea to pose the question. I discover that answers come more readily when the ideal question is asked and I believe you've asked it.

    Now if we narrow down that trading... not just yet... frequently the best solutions come from borrowing models from another discipline.

    I've always noticed that in group dynamics and teambuilding in the event that you do not have a leader you receive a lot of aimless dring. I believe that is 1 reason James16 continues to be successful. I think you need someone with a vision and the ability to impart it in order to bring focus and leadership. I believe it also requires either someone that has been effective or has a very strong vision to achieve something that has not yet been done before. I look through history and there always appears to be a title that was accountable to provding this to any successful group. Chrisopher Columbus springs to mind. It was not a lot of sailors outside to look around.

    FT

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