A trend trading question

Discussion in 'Trading' started by nursebee, Nov 17, 2010.

  1. His publications are available in Umberto Eco's library. Or maybe Jorge Luis Borges's.
     
    #51     Nov 22, 2010
  2. ===============
    Baro;
    No telling how much profit has been made simply applying coin flip probability to trading/investing.:cool: Probability study has no doubt made much more money than all the internet predictions perhaps ever made-LOL

    And frankly many people with silver coins do not flip them;
    John Bollinger said stocks are like sheep, they travel in herds[groups, or sectors]

    Also there is a certain %% of people who do believe in trends...[Believe comes from an old english word meaning ''live by'']:cool:
     
    #52     Nov 23, 2010
  3. So true. Then again if you know how to manage potential risk with potential reward you really only have to be right about 1/3 of the time. I would take a 50/50 bet all day long if I could get odds so that if I won I got $3 and if I lost I only lost $1.
     
    #53     Nov 23, 2010