Kelly is for gamblers and eventually losers.
He is right of course. See also this SA paper: http://bit.ly/RSfjZS But it won't happen as long as the Germans can make money out of everyone else.
Pros and firms use special algos to size trades that seek for liquidity and do partial filss so that the effect on prices is minimized. Their...
Save your time, money and future and study statistics and HFT algorithms. TA will get you nowhere unless you are lucky and spend up to 10 years...
EU paranoia. The end is near.
Good post. I agree. Well said! Search for system is the most painful endevor one can go through. Google "synthesis of trading systems" for...
In other words he is asking you how must 2008 is skewing your results. Maybe he thinks like I do that without 2008, your profit factor will be...
LOL This is one of the best comments I have ever seen here.
Everyone knows that TA has stopped working very well after 1990 and it is completely ruined after 2008. Anyone not aware of that it is because he...
If you are going to buy and hold for 5 years, your win rate better be 100%. Anyone who argues that win rate is not important is probability...
You have a good mind. Use it to your own benefit only. I hope you got the message.
Luck won't get you too far in trading, maybe one or two trades and that is all except if you are very lucky and you do 10 but that is max. So...
Markets are fine. This is the best trading environment in the last 15 years. Many are complaining because they expect to become rich with $500...
There is nothing that a human can do with data series that a computer cannot do. The opposite is false. Some guys here will program your system in...
Major discovery :D
They can buy their own debt and foreigners will get the short end.
Don't try to predict. Just trade. The trend is your friend.
True but the question is why the others bought into this scheme. Stupid men, deceived or committed treason? Because they basically sold out their...
The biggest problem in Europe is Germany with a huge debt and they are trying to hide it by pointing the finger to other countries.
Leverage is what makes trading a viable activity and the rest is for newbies.
Separate names with a comma.