Perhaps a good strategy would be to fade these calls then. Wait for the money to push the market in the direction the media indicates, then fade...
System versus discretionary trading is really a red herring. The real topic is risk versus reward. In kiwi's two examples, we do not know the...
Why do you say the first is better? The first and second may in fact be identical strategies with different levels of margin. The maximum...
For the sake of simplicity, let us assume that every year has 365 days. Also, let us assume that the probability of an up or down day is exactly...
Don't be fooled by randomness. That statistic means nothing for the future. If you flip a (fair) coin 100 times and analyze the results you will...
By the way, this thread really has nothing to do with mutual or hedge funds. Someone else brought up that subject. -Raystonn
Again, the systems you labelled as being inconsistent are in fact fairly consistent. An inconsistent system will be a bit like winning the...
More than that really. You need to examine the equity curve. A series of sharp ups and downs means the risk is too high. It's too volatile....
Yes, I'm sure you do usually get slapped. But if you can keep your slaps less painful than the pleasure gained when they say "yes", then this...
Your strategy listed as inconsistent is actually highly consistent. An inconsistent strategy would result in a 1000% profit one year and a...
I recommend you analyze your risk profile. Wha happens when the market moves against you? What's your maximum peak-to-peak drawdown? The...
A decent, but not infallible, measurement would be Profit Factor. This value is the profit generated by profitable trades divided by the losses...
How many of you are impressed when you see someone has won a certified, audited, trading competition by achieving 200% profits for the year?...
This is how I approach stock investing: Write down your criterion for stocks, including a minimum to filter out trash stocks, and a sort...
To be honest, that is not a whole lot of money. Most brokers require more than that to open an account. To daytrade stocks requires $25,000....
Your most important task is to do your homework. Never trust what someone says unless it is a fact verifiable with an official source. Do your...
Rich... Poor... the moment you label yourself you have lost the game. The former label implies complacency. The latter label implies acceptance...
Commissions and spread aside, this is correct. If you can consistently lose a greater sum per trade than you pay in commissions and slippage,...
Stockgirl, Who are you? If/When you publish are you planning to give credit or ask permission? Per your research questions: People would...
I object. That paper bag is clearly dry.
Separate names with a comma.