Today is the day

Discussion in 'Trading' started by TILT2, Apr 11, 2013.

  1. I could see this being the peak but I’m not sure. I know I can be wrong many times so I’m not sure how not being able to be wrong twice is valid logic????
     
    #71     May 1, 2013
  2. TILT2

    TILT2

    Yes, I admit my first call on the first page of my thread was wrong. And my second call about s&p500's topping around 1606 could be wrong again. I feel a bit frustrated now.
     
    #72     May 1, 2013
  3. But this must be impossible. Someone said that one can't be wrong twice and this seems to admit a third time. Shocking indeed!

    Calling tops and bottoms may be great fodder for the ego, but money makes the world go round. Do you want to be right or do you want to make money?

    BTW, I am short as of yesterday based on a confirmation by the same fellow I mentioned before. But then, I could be wrong! (even twice)
     
    #73     May 1, 2013
  4. Lucrum

    Lucrum

    I kinda thought "trading" was the whole point.

    I mean how much is a "call" worth without a real money trade involved?
     
    #74     May 1, 2013
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    #75     May 1, 2013
  6. Visaria

    Visaria

    Prob of a losing hand in bj is 50%, a push is 9% and a win is 41% (assuming correct play).

    30 losing hands in a row is a 1 in a billion shot.

    Perhaps the dealer was cheating :D
     
    #76     May 1, 2013
  7. pfranz

    pfranz

    calls = events you think have a very high probability
    trades = actions whose outcome you think have high expectancy

    high expectancy doesn't imply high probability
     
    #77     May 1, 2013
  8. Should be a move to 1625.



     
    #78     May 1, 2013
  9. tilt, did you cover the short from 18th? It was a great call but I wish you'd taken some off the table.
     
    #79     May 1, 2013
  10. Lucrum

    Lucrum

    Uh...so?
     
    #80     May 1, 2013