Impossible due to the VIG that is paid both win or lose. Chop-- even if you are expert at cutting losses the VIG will get you in the end. surf
He refuses to take it. Every wonder why? its very obvious. Just like the other claimed great price action traders on elite surf
I think he meant one can string a lot of small short runs together over one's trading life. Call it a cycle if you will. And it's laughable you think the only way to make money is market making. Speaking as someone who traded on the floor, all those guys down there are long gone and selling used cars now or running a bar on the north side of Chicago. And all those guys with those algos who use to get paid for pushing buttons, they are gone too. Turns it the computer can do just fine without them. Front running you say? Anyone can do that. The Fed has given you a free trade for 4 years now letting you front one them. Arbitrage? LOL. Dude, I can list all the big arbitrage funds for you if you want. Most have been decimated by the S&P 500 the last 4 years. What else do you got in your bag of tricks? Inside information? LOL.
you inferred in the post i quoted that no one earns in the long run. that is clear. i am saying essentially that is far from the reality. i guess my humor calling 20-30 yrs the short run did not connect. i'm not going to get in to how you guys can earn..but i will say running binary scalp type trades imo will not produce long term earnings. you need to swing, spread...etc.. ammo style is something that should be studied by guys struggling imo also.
I found hard work still works. After all these years, that edge never seems to dissipate. Then you have the old "experience". That one had also stood the test of time.
you must be kidding. the answer was given by me many times in the past and just above by mav. try it sometime..see what happens when you literally put 18 hrs a day in an idea.