Not this board, this (battle)field. Some call it finance, in reality it's the same craps gambling game that's been playing since inception. Question is not how you gonna beat the casino (LOL, after all these years and now they also got the best mathematicians, computers and whatever buzzword you wanna throw at them (machine learning data scientists? AI?)) but why? As much as you can tell on a public board since if you're gonna beat the casino the best way is the casino not knowing about it.
Don't try to beat the casino; ride the coat tails of big traders and try to catch the meat of the move.
I'm not trying to beat THE casino, at least in the first phase I'm rather focused on beating A casino. Overall, I had more ambitious goals at the beginning (some 20 years ago) but now I'm settling for implementing A basic income system. (Not ruling out implementing THE system, just saying Rome wasn't built in a day). And in my BI system, at least at the beginning, there will still be compulsory work (slavery^H^H^H^H^ jobs) like I'm obliged to do now, only less of it. Like, quantitatively if you ask me (I'm a quant, btw), about half of what is now. That is, first thing I'll burn out in flames is the 9-5 + commute = all prime energy of capable and creative people
I had further ambitions but time and energy left (and age, I'm 40 already) constrain me to optimizing what will propel me further. And that's Basic Income.
Except for several months, never relied on money from trading, 98% of been in 401k/roth, always either worked full time plus jobs or had other businesses going or done consulting, real estate was in my 401k. So for most part, trading been a full time and half "hobby" and times I have gotten sick of it, could walk away for brief time to overcome obstacles I could not understand, but I have always loved playing the game and gotten decent at it. Really, who doesn't want to become the best of the best within oneself? At young age, learned people trying to beat "casinos" been around before Christ, everyone bets something even if for just fun at a carnival game. Bookies always come out ahead. And in other businesses it is legal, ever hear "Cash for your Car Title" or 3% for cashing a check, damn more money, more money sucker. I don't even think about it, it is more of finding areas where to screw retail or tailcoat larger volume. If the figures stay constant that 95% of retail lose, we want some of that, "gimme that money, gimme that money". Hustle the inexperienced to have them hand over the money, yeah. I laugh when some smuck been losing quarter of a lifetime want me to share my grails so they can stop losing, come on, be realistic, those who lack knowledge are begging for us to rob them, they want to give us all their money. And those who lose consistently are closed minded and always saying something can't be done, it can't be done by them. Imagine losing decades cause you they lack discipline, it like robbing their kids future for sake of what? Just give me your money , baby. The numbers use to bother me, you work through that by changing them into percentages and now just want to rob "more money". HAHAHA.
If Wall Street was a casino, the owners of that casino would be the big investors, hedge fund managers, smart retail traders who all had an edge. Casinos before the game starts already has an edge built into the game. Your job if you are going to be in the stockmarket is be like a casino with an edge. All you need to do is keep playing trading with the other investors and traders. Since, you have an edge, over a certain number of trades, you should come out ahead of the others without a clue or edge in their trading. In the end, you would have more monies, other retail traders and investors will have less monies and so on, and so forth!