Patience is a relative thing, and that thing is you. Remember every trade has a shelf life and the self life is determined by what you expect...
non-recourse loans. walk away.
Too many people focus on probability and not the payout. If I am getting 2:1 odds for my money with 40% chance of winning, I am taking that bet...
scored 96 %ile on your eyes test. Not surprising cause I can read people like a book. :p. 50%ile on the memory part.
2-3% a week average? If you're compounding that weekly you're about tripling your money every year. If you banking that kind of coin consistently,...
if you do this, you might as well nationalize the entire industry cause that is what you're basically doing. Also, mysteriously, when you have...
It's a confidence game. What else is he suppose to say? "We've got a debt problem"? Never take anything at face value and discount everything. I...
+1. I prefer live poker, but it is an absolute death grind. Luckily I hate playing online poker.
I'm all for making an honest buck, but traders do not create wealth. Let's not try and glorify the profession than more to what it is. Moving cash...
this is semantics. you have to impute commission costs into your analysis. With a 57% win rate, he can afford to lose $1.32 (after commission)...
Every trade has a shelf life and knowing when to fold is the most important thing in the game. How you integrate this into your trading will...
For every buck he makes on a winning trade, he can afford to lose $1.32 on a losing trade and still come out ahead. He doesn't need to make, on...
http://pragcap.com/the-risk-in-risk-arbitrage This is great advice. The link above is a great piece written by john paulson. know your risk and...
This is a discussion in speculation in zero-sum futures is it not?
To be proud is to have an ego. And I would say to have an ego more often than not is detrimental to one's bottom line in life. The bigger the ego,...
For the most part I would assume at these intraday levels most of the action nowadays are bots trading against other bots and other manual traders...
That options trader who got wiped out was so levered, it was scary. If the glitch didn't wipe him out some other erroneous market event would have.
PTJ likes to drink budweiser while pulling down big money trades. :cool:
I am not an MD. My observation is based only on what you've written which comes off as schizophrenic. I had a friend who has suffered from...
your posts sound like someone who is suffering from schizophrenia.
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