"Renaissance Technologies is a quantitative trading hedge fund firm founded by Jim Simons in 1982, who according to Forbes has an estimated net worth of around $28 billion. Jim Simons received a Ph.D. in mathematics in 1961, later teaching mathematics at major universities. ... Simons explained that the margins are "razor-thin" and as a result, high volume and leverage are needed to make substantial profits. This was confirmed by Robert Mercer, one of Medallion's key investment managers who stated that their win ratio is around 50.75%." I have the same win ratio over 15 years. I am rich. What does that say about your strategy?
Yeah you've hit upon the holy grail. Did you doubt yourself that you hit the holy grail? Thanks for going to all the trouble of telling us, we'll now send a 1000 trojans to hack your computer and steal everything as a reward to ourselves.
Good Morning Padutrader, Your trading mentor and coach Dr. Al Brooks of the past 20 years is hosting a once in life time opportunity to see him trade live. I know you study him for 20 years. You can watch Al Brooks trade live for 1-2 days for $2500. You can meet him in person too. Just thought you may like this event. When I saw it a few weeks ago. You can finally get a chance to meet Brooks the trading Guru of Price Action in person and ask him some one-on-one questions to improve your trading. https://www.brookstradingcourse.com/workshop/al-brooks-live-trading-workshop-orlando-2024/
%% Strange pattern , but a quail dog or a bear has a much better nose . Watchdog on Wall Street is just a nickname, but its growl is real
Ill never understand how Ren puts up the returns they do on "razor thin margins".. One would think the slippage on the massive size they trade would vaporize the razor thin edge Im obviously wrong
%% NOt the holy grail with 40% failure; not with 3 signals. LBR said, as matter of public record , buys @ 50dma = holy grail[somewhat LOL]