I don't think MCD will disappear but IMO clearly accounting has been used to hide sins in many large firms since the late 1990s at least....
IMO each individual coin flip is random, but the sequence of flipping is not a random process. It is very clear to me that the market is not a...
Actually, wouldn't a trend indicate something inefficient about a market? After all, something that is predictive, is not priced in to the current...
I think you have made some great points in some posts, but I am not interested in battles or taking sides one way or the other. Like everyone I...
Sorry, I liked your comments. It was my poor attempt at thread humor by reviewing some of the past comments and you seemed to be supplying...
This is a fantastic statement. An edge must be exploitable - knowing 10 minutes later that the stock will move this way in 2 minutes is not really...
LOL! Busted! Your reasoning doesn't make any sense because someone from the Cook Islands who trades would point out that there is no such place as...
Ask your mentor if trends can be shown to exist, doesn't it demonstrate that the market is not random? And if it is not random what other choice...
Good point moonmist. I didn't express myself that well. I meant to say that in the period that I was searching for the best methodology and...
That is why I am a lonely lonely man LOL. If you give me some more background on your own background I can try to say it less abstractly....
For your own answer consult certainly one of most intelligent people IMO on this board - Nitro - where he said "Because otherwise P=NP." I think I...
If I recall Bill's dad was an executive with IBM so that decision was interesting indeed. How did a kid with a garage get a serious hearing?
Not just successful trading but success in life in general - what we do for personal purpose so well that there is no longer any separation...
I think so. Ego is a driver and the ultimate solution to trading.
At a dinner party with a failed business man in the construction industry we spoke of luck and skill in business. He failed and felt bad, his...
... and now the computers paint the tape (look at this reversal human) and take peoples money, the bums! Computers can't cheat us since they...
I began trading for money and for the challenge in the 80s. I never learned that it couldn't be done. I never learned about edges or indicators or...
Good answer. He has been having trouble since about 2000 largely because the insurance industry edge is beginning to reverse. I am very interested...
History is written by the victors and so one must read many sources before a clear picture arises IMO. In a world that trades internationally,...
Wow -is that that same Harry Dexter White that the FBI accused of being a spy in the Venona project? Why did they lose control over the price of...
Separate names with a comma.