I registered at this site almost 6 months ago, my registration is expiring and I will not renew it, so you will not be able to try my volatile...
This is a huge topic and I haven't had luck to really discuss it with anybody who understands my point of view. But still I'll try to explain it:...
It might seem unrealistic, but it is true. If the price follows a random walk, the probability of an up movement to x is equal to a probability of...
You focus on only one possible outcome - eur/usd only falls and stays at some level. You draw the conclusion that the system would lose. But you...
1. If you have dollars in your pocket, you are long usd/eur. If you have euros in the pocket, you are long eur/usd. You can hold them...
5) Example II I have used historical daily closing prices for gold and silver, downloaded from http://www.lbma.org.uk/index.php. We assume that...
1) Introduction The system described in the article âA system for riskless long-term profits in efficient marketsâ was simplified as much...
IMHO, your newly created formulas for calculating expected values should be in the schoolbooks. You calculate expected values for trading dollars...
I post it here, because there was interest about my previous article on a similar topic. I didn't plan to write this article soon, but I was...
Yes, of course.
Martinghoul, can I ask you to first determine exactly what my error is and then write here? Let me remind you what "errors" you found in...
Hi, epetrov. A whole lot of financial theories are based on the assumptions that prices follow a random walk. I think that this is not true and...
Martinghoul, if eur/usd follows a random walk, then (eur/usd)*x is equally probable as (usd/eur)*x. And (usd/eur)*x=(eur/usd)*(1/x). Therefore...
Now that's another thing which is very important. If eur/usd falls 100%, which means falling to 0, this is the same as usd/eur going to infinity....
I don't understand where is the glaring fallacy.
Hello, MathAndLogic, I am the author of the article to which you posted a link. Thank you for the interest. That's not what I say. My...
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