Thanks for reporting that. I think that it would be great if we had a Trick or Trade forum here on Elite Trader but that might conflict with the...
Today's Camarilla levels for the ES based on yesterday's RTH values for the ES. Let's see if they work. <IMG...
What happened?
If you read Fooled by Randomness (i think that it's in this book) he explains how you should just take one big gamble if the odds are against you:...
Interesting that you can't calculate your average profit. It would drive me nuts if I couldn't do that. I have all my trades in an Excel...
I'm guessing (from what you've said) that your win/loss ratio is low but your winners are big. You probably have a lot of trades that lose a...
spike500: what instrument(s) do you trade? and are you a day/swing/scalp/combo trader?
:) - I thought I'd broken some sort of rule here :) I take the Fooled by Randomness approach to all comments that I receive from any source....
True - I was thinking in terms of trading futures - hadn't considered a gamble here.
Not sure I follow ElectricSavant? Did I do something wrong?
How?
Obviously still 50/50. But I said an unfair coin and the law of large numbers... So I don't understand your example...yet...
Please explain why...
Very true. The law of large numbers says that if you had an unfair coin then by betting on the side with the unfair advantage will have you...
So someone skilled in pattern recognition would be a naturally good trader then? What other profession cultivates the skill of pattern...
The FOMC meeting is likely to bring in a widely anticipated 25-basis-point increase in the federal funds rate target. Market players will be more...
You can let it expire but that means that it will cash settle at the settlement price on expirey. However, this probably doesn't fit into your...
I completely agree NihabaAshi. I ignore the fact that it's a rollover except to change the symbol that I'm trading. When does Eurex roll its...
Interesting to know - thanks 5yr. I wonder what the reward vs effort is in refining this sort of technique? Because it only happens 4 times a year...
caught me by surprise as well :)
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