Dont vent, just complain to CFTC. On the other hand, vent here too:)
Lemme plug my thread, it's related. http://www.elitetrader.com/vb/showthread.php?s=&threadid=11371
Have you ever heard this: "It's all about risk/reward! If you are only right on 50% of your trades (which is like flipping a coin), but...
well expectancy would equal: = 3*Prob(Going +3 before going -1)-1*Prob(Going -1 before going +3) Now, we just have to figure out the...
well once again i'll say this. i see it simply... just like 90% of traders are losers, 90% of vendors are losers too.
This has been discussed before in a slightly different form but that's ok. Let's suppose the market is random, ie. the chances of it going up 1...
Thanks, H. BTW, you still slugging it out?
There's some amazing scalpers on Paltalk. Particularly in ES/NQ, Woodie's and Bandtraders rooms. Their daily average points are very high, like...
Well vendors wise, the % of losers is prolly about the same as in non-vendor traders... 90%. I bet if CFTC and SEC didn't give fraudulent vendors...
acrary, something doesn't look right with your first test. If no commissions and slippage are factored in, then Avg W/L loss should be exactly...
So what kind of setups does the dude use during that one hour? Or you gotta buy the book?:)
"I want nothing more then to sit here six plus hours a day making one trade after another. But alas, itâs killing me and my account. I am not a...
hey TrendFader, I thought you could trade.. You still looking for strategies?:confused:
With such ignorant population, how can U.S. be so prosperous? I'm puzzled.
Haha, Coolidge was even cooler than I thought apparently. Thanks for the story aphie. BTW, that quote about persistence is my absolute favorite...
Lundy's made a complete fool of himself with his bottom calling. The bad part is someone like him comes on with all this hype and some people...
wally and dottom's got it, in my opinion. look at their replies.
"a few months ago, i was someone who would not make a journal. i thought that i would be hurting myself by exposing all my ideas." O man, how...
Tsaimoto, i got a radical suggestion for you. Disclose the system here for FREE. I'll bet you'll get more respect and personal satisfaction out of...
When he was given funds to manage he blew up big time. So he's pretty low in my book. But then anyone might have an idea or two which you can use.
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