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  • #121
  • Jan 24, 2013 12:41am Jan 24, 2013 12:41am
Makes me just want to sprint at 2:30am in the morning

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  • #122
  • Jan 24, 2013 7:56am Jan 24, 2013 7:56am
Decided to take an online IQ test. Look like i'm about average to slightly above average (accounting for some errors).

Thank you for your interest in the test at IQTest.com.
Your general IQ score is: 115

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  • #123
  • Jan 24, 2013 8:11am Jan 24, 2013 8:11am
Quoting TPOTrader
Decided to take an online IQ test. Look like i'm about average to slightly above average (accounting for some errors).

Thank you for your interest in the test at IQTest.com.
Your general IQ score is: 115

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mine is a pathetic 107... your average Joe.I struggled a bit in college and got slightly above average grades.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #124
  • Jan 24, 2013 8:14am Jan 24, 2013 8:14am
Quoting pemully
mine is a pathetic 107... your average Joe.I struggled a bit in college and got slightly above average grades.
I actually struggled in college as well. My average GPA was slightly above 2.0/4.0. I got D's and C's in college. I think the highest grade I ever got was a B+ (in Arabic 101 for extra unrelated course)

college to me was a waste of time...academically. Was good in terms of building my character i guess.
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  • #125
  • Jan 24, 2013 8:41am Jan 24, 2013 8:41am
I brought up IQ test to prove a point.

But before I do that, just as a side info about my "educational" background.

Grew up in Virginia. Went to college at University of Virginia. usually at #2 in the top public schools in the US. Let's just say I abused the affirmative action system and got in- although my grades in high school were pretty good with GPA above 3.5/4.0. My SAT score was about around 1100.

I never was interested in going into engineering. My step dad at the time was a NASA langley employee. Typical scientist. Pretty much convinced me engineering was my only option.

I remember back when I was younger, my ambition was to be an architect. I was VERY good at art and drawing caricatures. And math was actually interesting to -so it made sense to go into architecture school to combine both disciplines (art + math). But never meant to be.

Instead, I studied biomedical engineering. My dumb ass thought that "hey, i'm into weight lifting and biomedical engineering is about the body mechanics right?-should be a breeze". Definitely was harder than I thought. Especially at the time UVA did not have an approve BME program until my senior year-so i was part of the first BME class. Classes were mostly geared towards grad level education-at least i felt that way. And it didn't help that I HATE reading the material. My grades were mostly C's and D's. I was lucky that I was able to graduate (UVA treated grade 'D' as a passing grade- go figure)

Back to my point.

You ever see trading jobs posted? They always want someone from a top ranking school in math/engineering and with GPA of at least 3.0. they want these 'geeky' geniuses who can only program things.Sometimes, they'll add "prefer former athletes" which I can understand why-you want competitive people to join your group.

Personally I think the industry needs to change it's recruiting process. Best traders can't all have scientific mind, but that's what this business is looking for.

Trading is more than just numbers. It's about intuition and personality. I think the industry should really look at people from liberal arts, or someone with just a high school degree. Someone who can see outside of the box-rather than someone who's been programmed into believing that there is only one right answer to everything.
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  • #126
  • Jan 24, 2013 8:51am Jan 24, 2013 8:51am
Being a graduate of UVA is the reason I look up to Paul Tudor Jones who went to the same school. But i'm sure he's 10x smarter than me.
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  • #127
  • Jan 24, 2013 10:21am Jan 24, 2013 10:21am
Quoting TPOTrader
Decided to take an online IQ test. Look like i'm about average to slightly above average (accounting for some errors).

Thank you for your interest in the test at IQTest.com.
Your general IQ score is: 115
I really don't think this kinda IQ test should be taken seriously.. it's too basic (not in the 'easy' sense, but in what types of intelligence it measures...for instance, the Mensa test puts way more emphasis on spatial cognition while this one only touches upon it with some word problems.)

I guess that's why they call it a "general" IQ score.

Anyway, I kinda feel that emotional intelligence is more important for traders than a high IQ. It doesn't take a high IQ to trade well or manage risk.. in fact, I've seen a lot of really bright people fail horribly at trading since going through life thinking you're intelligent often gives you an ego that will crush any chance you have of trading well (..can't admit being wrong on a trade for instance. Or you think you have to make things way more complex than necessary just to trade.)

Plus, I know a few really good traders who are dumb as nails in the intellectual sense.

Trading is a craft after all, you can sharpen your trading skills and do well on your own terms (different styles, etc..)

Anyhoo...Mine:

http://i.imgur.com/gb3Px5a.png
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  • #128
  • Jan 25, 2013 12:51am Jan 25, 2013 12:51am
Seriously?

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  • #129
  • Jan 25, 2013 1:07am Jan 25, 2013 1:07am
Done for the week.

I got a bit emotional on this last trade. I FUCKING HATE it when price just hovers at my TP.

Time to chill now...relax a bit
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  • #130
  • Jan 25, 2013 1:11am Jan 25, 2013 1:11am
Quoting Jack_Larkin
in fact, I've seen a lot of really bright people fail horribly at trading since going through life thinking you're intelligent often gives you an ego that will crush any chance you have of trading well (..can't admit being wrong on a trade for instance. Or you think you have to make things way more complex than necessary just to trade.)
and on the flip-side on this forum i've seen member after member who are as dumb as an unpainted plank of wood who are literally too stupid to understand the obvious flaws in their so-called 'grails' that some of us point out to them. like when you come across someone who has been a member here for a few years and suddenly they start talking about some martingale rubbish, or no stops, or aiming to make less than you would otherwise make sticking your money in a bank account and getting a life.

drop the vouch system, add an IQ test for all members.

p.s. my IQ result says i can count to potato.
Congratulations ScalaFX for coming out of the closet!
  • #131
  • Jan 25, 2013 1:16am Jan 25, 2013 1:16am
Quoting nubcake
and on the flip-side on this forum i've seen member after member who are as dumb as an unpainted plank of wood who are literally too stupid to understand the obvious flaws in their so-called 'grails' that some of us point out to them. like when you come across someone who has been a member here for a few years and suddenly they start talking about some martingale rubbish, or no stops, or aiming to make less than you would otherwise make sticking your money in a bank account and getting a life.

drop the vouch system, add an IQ test for all members.

p.s....
that's life for ya. I get annoyed as well with nonsense posts. But then I think..these people's losses pay my bills. best to just leave them be. better yet encourage it.
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  • #132
  • Jan 25, 2013 7:42am Jan 25, 2013 7:42am
Quoting nubcake
and on the flip-side on this forum i've seen member after member who are as dumb as an unpainted plank of wood who are literally too stupid to understand the obvious flaws in their so-called 'grails' that some of us point out to them. like when you come across someone who has been a member here for a few years and suddenly they start talking about some martingale rubbish, or no stops, or aiming to make less than you would otherwise make sticking your money in a bank account and getting a life.

drop the vouch system, add an IQ test for all members.

p.s....
Oh, I agree there, though that's less a problem with straight IQ and more so of human nature tied with ego. Bright people on this forum will come off like they grew up around lead painted walls since they'll have too much of an ego to back down from whatever market/trading assessment they've attached themselves to..

My comments were about the anti-intellectual types (with "average" to slightly below "average" IQs) types I've known to do well in trading who find success from being mentored and do EXACTLY what they are told (because they know they aren't sharp enough to have their own opinion, which in itself is kinda smart now that I think about it,) or they observe what is working for others without understanding or really caring why beyond that it "works". They are almost disinterested in trying to conceptualize the market, and could care less about how the market is structured or why things are the way they are... and instead only care to make money by repeating what works without ever wasting capital on strategies that don't.

This is the same type of person who'll excel at playing poker professionally. Eventually they'll learn pot odds and understand probability, but indirectly through repeating what works, not because they care or have any interest in it.

I know this type well, one was a former manager of mine at my my first trading firm.. the guy would make a profit month after month, but if you try to talk to him about the market or a new strategy and you'd swear you'd need to put a bib on him to catch the drool.

As annoying as that sounds, the up side was the guy would completely crush out the nonsense talk during meetings from new trainees.. It's common for new trainees to want to display their knowledge or ability though talking with industry buzzwords or displaying how they "knew" a move was going to happen based of some arbitrary indicator... and my old manager would just cut them down in front of everyone with things like "in my 20 years of trading I've known exactly ZERO people who were successful in the long term trading based of what you described. Tell the group about your trade ideas once you prove me wrong, til then shut up and listen for a change."

His demeanor and attitude reminds me that one can get caught up in the more academic subjects of trading without making a dime.. an important lesson for some who are trying to just keep their head above water.
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  • #133
  • Jan 25, 2013 10:04am Jan 25, 2013 10:04am
Quoting Jack_Larkin
Oh, I agree there, though that's less a problem with straight IQ and more so of human nature tied with ego. Bright people on this forum will come off like they grew up around lead painted walls since they'll have too much of an ego to back down from whatever market/trading assessment they've attached themselves to..

My comments were about the anti-intellectual types (with "average" to slightly below "average" IQs) types I've known to do well in trading who find success from being mentored and do EXACTLY what they are told (because they know...
I really would love to meet this former manager of yours. I think him and I have a lot of common. I really don't like the smart ass types myself.
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  • #134
  • Jan 25, 2013 11:01am Jan 25, 2013 11:01am
Been getting pretty good streaks lately.

But losing streak is coming-I'm just mentally preparing for that because I know in the past I get caught up in wining streaks that when I experience losers, I would act like something's gone wrong.

My worst losing streak was in 2010 (backtested based on current rules) where I experienced around -40% drawdown. That's big, but I did recover from that.

so I'm shoutin on top of my lungs

WHERE ARE YOU MR DRAWDOWN!!?!!? I AM HERE!!!!
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  • #135
  • Edited 3:23pm Jan 25, 2013 1:34pm | Edited 3:23pm
Quoting TPOTrader

WHERE ARE YOU MR DRAWDOWN!!?!!? I AM HERE!!!!
They'll come when the market thinks you need humbling.
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  • #136
  • Jan 25, 2013 2:12pm Jan 25, 2013 2:12pm
Quoting TPOTrader
... I really don't like the smart ass types myself.
This mean we can't be friends?
FXGears.com
  • #137
  • Edited 3:32pm Jan 25, 2013 2:56pm | Edited 3:32pm
@TPOTrader: nice results, my friend. Keep up the good work.


Quoting Jack_Larkin
the Mensa test puts way more emphasis on spatial cognition while this one only touches upon it
Thank God for that.

I don't think I'll bother purchasing their "Complete Personal Intelligence Profile".
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  • #138
  • Jan 25, 2013 4:19pm Jan 25, 2013 4:19pm
Quoting Jack_Larkin
This mean we can't be friends?
sure we can. You know what they say..opposite attract

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  • #139
  • Jan 25, 2013 4:21pm Jan 25, 2013 4:21pm
Quoting hanover
@TPOTrader: nice results, my friend. Keep up the good work.



Thank God for that.

I don't think I'll bother purchasing their "Complete Personal Intelligence Profile".
Thanks hanover

Lol ..Most geniuses fail common IQ tests..
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  • #140
  • Jan 26, 2013 6:01am Jan 26, 2013 6:01am
Let's enjoy the weekend with some funky beats

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