Dest's "Trade Against a Pro" Trading Challenge

I would not call that a structural edge in any way...Any body can do it,and it's far from riskless.Watch the Big Short..

People like buying dollarized debt im emerging markets for the increased yield and not hedging out convertability and default risk..
That's not a structural edge...

Better technology,models,customer flow,information flow are structural edges IMHO..Trading the yield curve,Trading term structure,chasing yield in foreign markets without hedging the risks is not a structural edge..

 

re the platform: they could have just used trading view's interface to buy/sell and spend more time on the execution side of things. But no, some product manager had to make their legacy. WTF is with that trade log. Yes, I completely get the value of a trade log. But I automate mine.

 

I hit the opening rotation this morning in both accounts and am up a bit more (+$1,800). $448K YTD. +$3K on the "contest."

 

Up $2,300 since the open.

 

Up $3,500 for the morning session. Just hit +$450K for the year in the TOS accounts.

 

Up $4,500 in the morning. $6K from inception.

 

One of my kids broke their foot so I am headed to the ortho-clinic. BB at the close.

 

OK I stand corrected. Example was not my own but from Bill Gross.

 

Hey,I only said I wouldnt call it a structural edge,and thats just my opinion.Others may feel that is a structural edge and feel I am way off base..And I would take Bills opinion over mine,7 days a week and twice on Sunday

 

It's OK, I valued your opinion.

In fact I am taking up your offer on butterfly in a different thread. But not ready to post an example for you to critique. I am a very slow learner.

Regards,