Re: Financial topics
Posted: Wed May 23, 2018 12:24 pm
Generational theory, international history and current events
https://www.gdxforum.com/forum/
I thought it would be helpful to post the month by month performance summary of all the e-mini trades I have posted on this blog. Every trade was posted at the time I made it. You can find them all in the blog archives.
After September 7, 2010 all trades have been posted real time in my trading seminar, CarlFutiaRealTime.
One more thing. These results are NET of commission - in other words commissions are first subtracted from profits or added to losses before the point totals are calculated.
I've corresponded with Carl a couple times, but have not taken his seminar. He's a very nice man. His trading style and market outlook is too dissimilar to mine.You have reached the home page of my real time trading seminar. I am Carl Futia. I'd like to offer you the unique opportunity to develop your trading skills by looking over my shoulder as I trade the e-mini S&P 500 futures - while you sit at your own computer! No multi-thousand dollar seminar fees, no travel expenses, no travel time, no hotel room!Just a modest, monthly charge for seminar participation.
Higgenbotham wrote: > Here's a simple one.
> An engineer who is the proprietor of a small engineering firm
> modeled a water distribution system. Nowadays, most such engineers
> are good at inputting into the model but they've forgotten what
> went into the model to begin with. So while it's easier to build
> a model (similar to what you described), you have to know both how
> hand calculations were done pre-model and how to do a variety of
> computer models. For water, the models use the Hazen-Williams
> equation, which assumes turbulent flow.
> Since this was a rural system with some long runs of pipe, I spot
> checked some Reynolds numbers and it turned out the flow was
> laminar for miles near the end of the system. So the model could
> be used up to the point where the flow transitioned to laminar,
> then the rest had to be hand calculated.
> Having read your post, I would say in the situation I'm describing
> most engineers would just use the computer model and do it
> incorrectly and that would in fact be easier and require less
> knowledge.
It's beginning to look good. I may go for it. Will stop all short term stuff now and refocus on the big picture.aeden wrote:That window.....
With regard to the Obamacare software debacle I'd go further and state that the debacle wasn't the result of incompetency and mismanagement; it was planned from day 1 as a way to maximize money. Creating the debacle allowed those involved to milk the system for more and more $$. It wasn't incompetence and mismanagement - it was greed.John wrote:If you're going to say that a job with a Silent manager is lessHiggenbotham wrote: > Let's say an engineer was hired by Microsoft in the 1990s to
> manage a team working on Windows 3.1 versus being hired today by
> Microsoft to manage a team working on the latest version of
> Windows. How would those situations compare? Or, really, any
> similar situations in your industry (software) that you are
> familiar with.
> One thing that comes to mind that you discussed was the Obamacare
> software debacle. Versus 30 years ago, mismanagement and
> incompetence have become more of a problem, which makes the job
> more complex and makes it harder for even smart people to be
> effective.
> I'll post specific examples when I get a chance.
complex than a job with a Gen-X manager, because the Silent
manager is a lot more competent, then I guess I'd have to agree
with that.
However, the core technical complexity has got to be reduced today,
simply because computer software takes most of the complexity away in
most jobs.
With regard to managing a software project, there are many tools today
-- sophisticated compilers and debuggers, bug tracking software,
scheduling software -- that weren't available in the 1990s.
With regard to health care, my doctor had a whole room filled with
hundreds of file folders containing the health records of his
patients. Today, there are no more file folders. The data is readily
available online.