Sadly, that is the reality of their situation. How it was permitted to happen is another story. sosueme
So... you went long in 1875 and are still holding?. I thought you went long in July of 2007 and are still holding. My mistake.
No, you've simply ignored or insulted the people that have disagreed. You posted your equations. Everyone understands that each individual day's amount (whatever the ES does from 16:15 day one to 16:15 day two) can be either a win or loss amount. There's no debate there. Show me how ALL THE AMOUNTS, WHEN ADDED TOGETHER come out to 0. It's not possible. Your win and loss amounts for any given day can be anywhere from -infinity to +infinity. And you can't seem to show me how, statistically, those amounts will equal out over time.
See the above, inflation corrected chart. What does coin tossing allow for any of those? The point of the system is to beat coin tossers. That isn't hard.
I went long a week from now and I'm still holding. It makes no difference. If you want to bring time frames into this then your coin toss method makes even less sense because you thousands of tosses before you'll even begin to see some hint of 50/50 results. In the mean time you just blew out your account 50x over.
How about, instead of ignoring his question, you answer it: which is more likely: i) Tomorrow, the SPX will close at 2 times its present value ii) Tomorrow, the SPX will close at 0 Again, the market is biased. Your 50/50 coin tossing does not take this into account.
The Dollar vs Swiss market seems to be short biased. You will have to prove to yourself and others that your suggestions bring in at least 1 tic per day on average extra profit over the original method rules.