Do you think there is a trader out there, somewhere in the world that has figured out a way to "beat the system" meaning no losses. And has done this over a large period of time. I know most people are thinking that is an impossible task. But the world is a HUGE place. SO were talking a small needle in a giant haystack. But im sure someone out there has figured it out. ALSO I want to make clear that I don't believe traders should look for a system with 100% success rate, that's not a good idea. Im sure you have a much better chance of hitting the mega power ball lottery. But I believe there is a good chance someone out there has cracked the code. Your thoughts?
There is always some kind of risk involved. Even if god sends you a message. Maybe there is a typo in the ticker name, Maybe his message got delayed, Maybe he’s testing the water. You never know 100% Most of the risk free opportunity are arbitrage. Exemple, the electricity market in California. Or insider information, HTF colocation. Remember hearing an HTF firm, Having made money 249 days out of 250. Actually it’s more about legal loopholes. Financial regulations vs mere correlation.
All you would need is a real edge, as in a significant advantage over other market participants that has the potential to yield far, far out sized returns. This is hard, but not impossible. There are two kinds of edge. Explicit - information, technology, infrastructure, industry knowledge, temporal advantage (first to know or among the first to know). The other is implied edge, which is things like experience, TA, FA, inter-market relationships, and complex mathematics, financial modeling, and programming skills. If a trader can get a few of these going, he will have an unfair advantage. Most of the participants are working with just one or two of these, sometimes none at all...