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To me - my own interpretation, is that de facto your trade entries and your position management were also random ? If not, please elaborate. The “roll of the dice” statistical exercise is literally Junior High math.

He’s a plant from the CPC.

It is human nature to want the milk without the cow. The real question should be: "how do I use the MA (or insert any other TA study here) in order to correctly to take a trade entry". IMO, once you have an informed baseline of how to use an indicator correctly, it is much easier to tailor the...

It is human nature to want the milk without the cow. The real question should be: "how do I use the MA (or insert any other TA study here) in order to correctly to take a trade entry". IMO, once you have an informed baseline of how to use an indicator correctly, it is much easier to tailor the...

CFTC Regulations 4.24(n) and 4.25: The following statement prominently displayed: “PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.” And there’s a lot more Legal requirements to the risk disclosure requirements than I’ve stated above - but you are clearly not allowed to...

Which I agree with. But in this particular case semantics are important. What I vehemently disagree with is ANY pretense to any person having a “predictive” capability in the markets. That is too definitive of a statement. Even Warren Buffet had plenty of stinkers. Profitable traders are...

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming have no individual income tax. AK, FL, NV, NH, SD, TN, TX, WA, and WY have no individual state capital gains tax. Setting up a "C Corp" might not necessarily be the best way to go as you will...

At $300/bbl you'd have quite the wealth transfer to RED States. Imagine those monthly royalty checks...

Yep it is literally codified in law on the federal register - you must include in the prospectus that "past performance is no guarantee of future results". The US government has literally outlawed "predictive" claims in terms of financial and commodity markets. The US government says that...

Well if he thinks he's right he should be buying straddles out the wazoo IMO.

I hate to harp on semantics, but this particular case is most important - if, for example, you were to prepare promotional materials for qualified investors, it would literally be illegal for you to state that you could "predict" market behavior or even had a strategy with "predictive...

Literally, are you saying that by definition you can foretell or prophesy future market behavior ? I ask because this is most certainly a far greater level of clairvoyance than modeling market behaviors and taking on calculated risk. If you could truly “predict” market behavior then there is...

For me the backwardation displacement and the refining crack spreads are bigger concerns at the moment than the outright flat price per barrel of crude.

Just my own observation with client work over several years - many traders that I have crossed paths with are using technical analysis studies incorrectly. There's quite a bit of ignorance and misapplication in the field of TA. That's what I've seen - YMMV.

There is no such thing as a market "predictor". It's all about calculated risk. The only exceptions that I'm aware of carry a jail sentence...

The terms "women" and "investment" are polar opposites from my own personal experience at least.

:thumbsup::D

Meanwhile, back at the ranch, during that same time frame the ICE exchange had (and still has) a Chicago office and essentially took over the world. Like Eurex, ICE was screen based and didn't require an exchange equity membership (a seat). Unlike Eurex, ICE did not require a rather rigorous...

Ever since the Man Financial and PFG-Best debacles ( I've had clients get caught in both ), I've advised clients to keep their futures accounts on the minimalist side. These crises were not that long ago - and the strife and misery and anxiety it caused some of my clients left a very deep and...

Capua, I have not personally traded this particular exchange spread (symbol STS on ICE). But the volume and open interest are very nominal - May18 has an OI of 1,170 with a Daily Volume of 80; Jun18 has an OI of 801 with a Daily Volume of 15. Unless you are a commercial (and they are very...