Search results

I thought the same thing at first (and it's true), but if he sells calls on enough different underlyings (that are completely uncorrelated, which is unlikely), then although it is more likely that one of them will blow up, the premium he makes on all those that expire out-of-the-money will more...

When trading outrights, I do not add to losers. If I were trading a mean reverting spread I would add to losers. After it gets more than 2 std dev away from the mean I'll start thinking about taking my loss.

"That means that... our whole solar system... could be, like... one tiny atom in the fingernail of some other giant being. This is too much! That means... -one tiny atom in my fingernail could be-- -Could be one little... tiny universe. Could l buy some pot from you?"

What number did you use to begin with? What number did you subtract from that? What digit did you circle (pick)?

In my previous post I said that some of the people arrested were at the hotel bar in the hotel in which they were staying. I read a different version of this story and noticed that the one in this thread didn't mention that. Here is the version I read...

I'm not really sure how RSI is calculated, but isn't it defined such that it cannot go below zero or above 100. That pretty much explains why it bounces between the two. It doesn't tell you when it will change from OB to OS though. i.e. it could stay OB for days, and you could lose enough...

What are you talking about. When the market is trending, then more often than not, when it pulls away from the BB it stays between that band and the 20 period EWMA. That's called a trend and you can see it without the BB. Maybe in a sideways market it tends to bounce between the bands...

Now, we are allowing the government to come into a *private* business and arrest people for being *publically* intoxicated. What is next will multi-family homes be called public places? They arrested these people for being drunk at a bar because they might have driven home. Some of those...

Crime-Family Members Charged With Stock-Market Manipulation By CHAD BRAY March 23, 2006 3:46 p.m. NEW YORK -- Members of the reputed Colombo and Luchese organized-crime families have been charged with manipulating the market for penny stocks as part of a broader racketeering case in...

They are trading aren't they? Their timeframe is less than a day isn't it? What do you mean by intraday trader? Someone that has a directional bias?

I would not call a baysian learning system TA, just probability. But maybe I'm wrong. Edit: I guess baysian learning would be used for market making, and you guys wouldn't call that trading I guess

You have a good point, but you can find correlation without looking at historical prices. For example, you watch a basket of stocks that together make up 90% of an index, but you trade the index future. They have to be correlated, and you don't have to look at historical data to know that.

Suppose you watch a highly correlated product. When it ticks up, you buy the one you trade. That's not TA is it?

Arbitrage requires no TA

Then I apologize to Bitstream.

Not technically. The spread is the difference between the bid price and the ask price. In a liquid market the bid/ask spread is usually equal to the smallest possible price increment, which is one tick. In this case, one tick is half an index point. Edit: I assumed that's what you were...

I think my question may have gotten lost between childish attacks...

Yes. Your question was really what is the tick size. The answer is half a point. Bitstream was just wasting space (or maybe he thought the tick size was one point and didn't know the difference between tick and point...having seen other posts from Bitstream, I'm pretty sure he was just being...

Cute. http://www.euronext.com/trader/contractspecifications/derivative/wide/0,5786,1732_6877,00.html?euronextCode=Z-LON-FUT

Does your system only deal with FX prices, or does it look at other markets as well? For example, if treasury prices, equity prices, gold prices, etc. change, does that matter to your system? An unrelated question. If your system buys and the price goes against it and slowly continues to go...