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  1. J

    Prudent Risk Management Is The Only True Edge In TRADING

    Regarding Collective2 portal comment, FYI I can't make a critical review as I haven't researched the results. If I was to comment why I believe no system on that site can continuously and systematically sustain profitability I'd not be able to provide a scientific answer. All I can say is that...
  2. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Methodology/Strategy
  3. J

    A Big New Investor in Stock Markets: The State

    The Bank of Japan and Chinese state-owned funds are now big shareholders in roughly a third of listed firms in their respective markets http://www.wsj.com/articles/a-big-new-investor-in-stock-markets-the-state-1480933807
  4. J

    Euro falling off a cliff

    Italian referendum results, Prime minister minister resigns.
  5. J

    USD index

    Prime minister resigns after definitive NO vote. Basically, the people of Italy have given ECB the middle finger, we don't want changes. That may give way to early election and potentially an Itexit.
  6. J

    Prudent Risk Management Is The Only True Edge In TRADING

    Does that mean we are to ignore your post?
  7. J

    Prudent Risk Management Is The Only True Edge In TRADING

    3rd Accumulator wins at odds of 6.5, 3 out of 10 hit rate (low), 100% return.
  8. J

    Prudent Risk Management Is The Only True Edge In TRADING

    I used to track performance of this one tipster, he was very consistent predicting results of a single match, average return was 1.8, so 80% of stake. His Both Teams To Score accumulators had a much lower strike rate, yet average payout was at odds of around 6 (500% return on staked amount, so...
  9. J

    Prudent Risk Management Is The Only True Edge In TRADING

    OK. 1 accumulator still playing out, but in the black already. Out of 10 accumulators 2 came through providing over 40% return 2 out of 9 played, appropriate odds enabled to beat the bookie. I don't know much about sports statistics, all matches were randomly chosen, the only thing I looked for...
  10. J

    Prudent Risk Management Is The Only True Edge In TRADING

    OK. PE is part of PRM (to me). Establishing historical range expansion, stop requirement and historical win rate based on the above criteria are all part of PRM.
  11. J

    Prudent Risk Management Is The Only True Edge In TRADING

    You say 'positive expectancy', could you possibly explain what does that mean to you, what is it based on.
  12. J

    Prudent Risk Management Is The Only True Edge In TRADING

    I don't study football stats, so I don't know who has better chance of winning, etc. What I do know is that both teams will try to score at least 1 goal, just for fun, I've just placed 10 treble accumulator bets on BOTH TEAMS TO SCORE, my overall loss is limited to £10 and average odds are...
  13. J

    Prudent Risk Management Is The Only True Edge In TRADING

    Look at sports betting tipster world, vast majority of football tipsters (in UK) tip at very low odds of 1.2-1.5, the best ones have a win rate of around 80% running average, yet the best performance that I have observed came from higher odd tipsters that had a much smaller following due to...
  14. J

    Prudent Risk Management Is The Only True Edge In TRADING

    Eganon - You dont MAKE your own odds. I disagree. I always make my own odds by evaluating potential expansion range and setting my stop accordingly. Just because it doesn't always work out in my favour doesn't change the fact that I expect minimum odds of 2/1 (fractions) 3 (decimal). If I am...
  15. J

    Prudent Risk Management Is The Only True Edge In TRADING

    I didn't understand why did you exclude 'making winners run' from the concept of PRM when it's the foundation of PRM. Who said that applying PRM must have payout equal to risk? You aren't in a casino, you make your own odds by making sure you participate in bigger oscillations ie if envisaged...
  16. J

    Binary options - any pros at all?

    What made you say that? Just stated my experience and look at my original answer, why would I slag my employer? Lol man.
  17. J

    USD index

    Are u kidding? If another major member was to exit it could send Euro into downward spiral, as it could signal the breakup of EU.
  18. J

    Binary options - any pros at all?

    That's not factual. I'd rephrase by saying they make it harder to withdraw than deposit, but you do get your money back, unless you went for their bonus scheme partly sponsored by your own deposit.
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