I can't believe I'm posting in this silly semantics thread. If gambling is risking money on an uncertain outcome, trading is gambling. So is...
Well said. Of course it comes down to what you believe about yourself. If you build up some BS story about the nobility of your profession...
I see where you're coming from but I still don't quite agree with it because I think the independent/pit/institutional distinction has a degree of...
It may be a fact but you haven't demonstrated any relevance. Well first of all I'm not limiting the discussion to day traders, but simply...
I guess I don't really follow why you think a share or contract traded by a pit trader or an institution is essential to the functions of the...
That's simply not true. Take for example futures markets which transfer risk from hedgers to speculators. The speculators are providing a...
Perhaps. Looks like Seykota has thought a bit about it: http://www.seykota.com/tribe/risk/ William Eckhardt was a mathematics PhD student....
Your question is rhetorical. If this is a typical set of signals for your system, why are you posting on ET instead of enjoying your incredibly...
Tonight I'm doing a few quick calculations on the subject of risk and edge uncertainty. Let's start with risk of ruin. The baseline...
Not a bad day on net, but I gave up some early gains with my S1 trade in the afternoon on my first "unforced error." This afternoon somehow I...
I can give a little overview, sure. Both S1 and S2 are designed to target specific intraday timeframes. S2 catches moves at the open, and S1...
Optimax appears to be just a genetic alg optimizer built on top of TS. (BTW, their advertising is disingenuous, comparing exhaustive search to...
S2 long, +$480 (closed) S1 setting up for later today. Fletch
You will get far more dramatic speedup by rewriting your strategy in a compiled language like C++, than by trying to wring more performance out of...
Projection. I think you mean YOU are destroyed psychologically by such things. "I am engineer by training but I consider my poker experience...
Right idea, wrong reasons. The buy-ins to those tournaments are real money. There's no less pressure on a tournament player because of a "not...
Well this is getting silly. Of course I could do that (in general), but so what? Well this seems to be devolving into the usual "nobody can...
If you insist. 33. 2-3 hours a day, 1 year. PhD Numerical Analysis, Princeton University. I thought we already covered this. 4 days....
You: "I agree that you can win at poker but not with any great consistency." Me: '"Consistency" is a slippery word. Is turning a profit every...
Not necessarily. I don't want to get too much into poker talk in this journal except as it relates to trading. I'll just say that a good player...
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