I think part of the distinction is the difference between discretionary and system trading. If you're trading a well defined system, the move...
My understanding, and someone please correct me if I'm wrong, is that all the US index futures and exchanges have in essence the same circuit...
As long as your sim is decent, and you're not trying to move volume, this really isn't true. I agree there are some psych issues that separate...
http://en.wikipedia.org/wiki/Kelly_criterion Size your bets at half Kelly. There, I saved you the price of a book :D
Every time I run into something Hershey-related, I get the giggles :D
Neither "EQ" nor "IQ" are really meaningful concepts in the realm of trading in my opinion. Any "Q" assumes that there is some test, which has...
"Win or lose, everybody gets what they want out of the market." Once you understand the psychology and biology of partial reinforcement,...
Remember - bonds fall when any of the above happens: 1) equities become more attractive (ie. recovery) 2) fed rates goes up 3) inflation goes...
Being long bonds right now is IMO asking for a whuppin. The closest historical analog to Obama is Carter, and what happened to bond yields under...
Whatever it was, it was great :D I'm always happy when something's stirring the pot, even if I don't really understand what it is.
Yeah, it's too bad that card counting in blackjack is not really feasible right now. It was the perfect first class in gambling/trading school...
This is simply false - in terms of tournament expectation, dumping chips is a losing proposition in a proportional payout tournament. The value...
This isn't quite true. While many of the old Texas circuit games were not 100% clean, playing with a partner (ie. on the same bankroll) is NOT...
I lost about 30% of my account when I started on two swing trading strategies that appeared to work during testing, and then failed when I flipped...
This person understands very little about poker. The conclusion is right, but the explanation is wrong. The way to win the maximum number of...
This thread is begging for a post-mortem in a week or so. It appears the top call was startlingly good, but I still think the predicted speed of...
We'll just have to see. 1030 in a matter of days would surprise me a lot, but it would be a happy surprise.
I just shorted. I'm not sure I buy this stuff, pretty as those charts may be, but the price action is driving me to the exact same conclusion -...
I never use back-testing to find cherry picked systems. I always start by finding a market inefficiency and then designing a system to fit it. I...
If you read my previous posts you would know that I have no problem with a trading approach. I have no problem buying something intrinsically...
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