Search results

  1. O

    What is Not an edge?

    Besides the two classes (let us name them A and B) of edges mentioned above, most other things (mainly for the sake of leveraging) would be merely multipliers or amplifiers of these two edge classes, I would say. These multipliers and amplifiers (since almost everyone knows how to do them...
  2. O

    What is Not an edge?

    Following the above principle, I would think the general/simple type of money management (such as position sizing) that every trader is able to do when following public known formulas is Not an edge. However, advance type of money management that can control risk, with a robust and reliable...
  3. O

    What is Not an edge?

    I am starting to think that a valid edge must have significant and outperforming profit expectancy (positive expectancy, of course). Small positive expectancy (with alpha return close to 0) should not be classified as having an edge, that means claiming simply "positive expectancy is edge"...
  4. O

    What is Not an edge?

    We may not know definitely what is exactly an edge. But I think we should know easily what is Not an edge. After we clarify the possibilities of "what is Not an edge" individually, perhaps we would know better what is an edge by then. 1st: Is position sizing an edge? " So why isn't...
  5. O

    The BEST ES systems in the world

    " http://www.tradingmarkets.com/recent/the_easiest_e-mini-640758.html When traders talk about trading E-mini futures, E-mini S&P 500 or “ES” is the first thought that usually comes to mind. It is by far the most popular stock-index market traded, by retail traders and institutions...
  6. O

    The BEST ES systems in the world

    Paskewitz Asset Management, LLC Contrarian 3X Stock Index Program " http://www.managedfutures.com/program_performance.aspx?fundtype=&productId=32812 Strategy Description The fully-systematic contrarian program employs multiple models to forecast short and intermediate term tops and...
  7. O

    Stop predicting

    Anything is possible! http://www.dailymail.co.uk/sciencetech/article-2503370/Quantum-physics-proves-IS-afterlife-claims-scientist.html " Quantum physics proves that there IS an afterlife, claims scientist Robert Lanza claims the theory of biocentrism says death is an illusion...
  8. O

    The BEST ES systems in the world

    Very good points! http://www.elitetrader.com/vb/showthread.php?s=&postid=3875167
  9. O

    Global Demise

    Don't worry! China soon will pay a huge lump sum as well as yearly fees for long term leasing of some ports in the US/ EU as free trade zones. http://en.wikipedia.org/wiki/Free_trade_zone http://en.wikipedia.org/wiki/List_of_free_ports...
  10. O

    10K in the hole

    How about 2004? Which was the worst year? Thanks!
  11. O

    Diggin the New Look

    +1 Much better contrast before. Now just a bit dark overall, including the logo. Anyway, just me.
  12. O

    Natural Laws of Trading

    3. Murphy's law "Anything that can go wrong, will go wrong" http://en.wikipedia.org/wiki/Murphy%27s_law Q Murphy's Laws in the Stock Markets http://www.greekshares.com/murphy's_laws.asp Developing Trading Strategies * Sometimes it takes several years to recognize the...
  13. O

    Why A Lot Of Traders Fail

    " http://www.finalternatives.com/node/24957 Struggling FX Concepts Restructuring In Bid To Survive Oct 8 2013 | 12:59pm ET FX Concepts has been battered by poor performance and has suffered an exodus of major clients. And the most recent redemption may put an end to the New York-based...
  14. O

    How Investors Lose 89 Percent of Gains from Futures Funds

    Very interesting and informative indeed!
  15. O

    Another computer driven hedge fund closes

    What resources are required to continue fighting?
  16. O

    Why A Lot Of Traders Fail

    " Why do you think you have been successful whereas so many traders fail? Since I started in the business, I have seen a number of traders who ended up committing suicide or being homeless. The one trait they all shared was that they had a gambler's mentality. When they were losing, they...
  17. O

    Any more Globalisation?

    http://www.abc.net.au/news/2013-09-30/das-the-new-economic-nationalism/4988690 " Evidence of the end of globalisation and greater integration is mounting, writes Satyajit Das. " http://www.abc.net.au/news/2013-10-01/das-the-retreat-from-globalisation/4989028 " Far from being an inexorable...
  18. O

    What is biggest INTRADAY gap for tick data on ES?

    " Wall Street responded immediately with one of its strongest rallies on record. The Dow Jones industrial average soared almost 300 points to 10,946, while the Nasdaq composite index rocketed 325 points to 2,617. " http://www.elitetrader.com/vb/showthread.php?s=&postid=731021
  19. O

    Implied Volatility in plain English

    http://en.wikipedia.org/wiki/Implied_volatility " Implied volatility as a price Another way to look at implied volatility is to think of it as a price, not as a measure of future stock moves. In this view it simply is a more convenient way to communicate option prices than currency...
  20. O

    Implied Volatility in plain English

    a.k.a. http://en.wikipedia.org/wiki/Smoke_and_mirrors
Back
Top