Search results

I am sorry to tell you that Japan didn't make the list.

Well, what I would do is this: 1) Get a loan, because going out on a date or even to try to meet her won't be cheap. 2) Start using make-up, because I look too manly. 3) Join some lesbian support group in Hong Kong, because I am a lesbian trapped in a man's body. 4) Make friends with Sean...

Relax, you don't have to shout that I am wrong. Maybe I am, maybe I am not. So, out of your current loss, would you be able to tell what portion is related to commission, slippage, and trading decision? Are you going to minmize your commission and slipppage, or are you just accepting it...

Something is not right here. Worst case scenario is that market is unpredictable---like a coin toss, which would give you the probability of winning and losing at around 50%. If you compare your result to the coin toss result, you will know what you doing is actually worst than the coin...

Yeah right! Why don't you just tell the sheeps to bend over and lube up as well.

To the kids who are still in school, I would encourage them to go to a good university, get good grades, and try to get a good job at a financial institution. If they can get a trading job, good. If not, they will still be able to enjoy the good life and can still trade on the side. To...

Did someone mentioned free lunch?

So, as one leg goes against you, you average down, but at the same time, you add to the other leg to "hedge" your trade. So in essence, are you really averaging down given that you add to the other leg as well?

I am not sure if averaging down just to get out at break even is a good idea, but I like your idea about going long in one instrument while going short in another (it would be great if they have low correlation). However, I don' t think you have taken commission into consideration for trading...

Is the market random all the time?

Here is a question for you, oldtime. If you have a system that has an edge, does it matter if you use average down vs. random position-sizing?

I wish I have enough money to average down 28 times in a row. Even if I could average down 10 times in a row, it would be enough for me to continuously delay the losses in a fair coin toss with a couple of non-correlated average down strategies.

If a system consistently broke even, would that system be like that of a fair coin toss where probability of winning and losing are the same, and in the long run you will breakeven? If that is the case, then does average down help? Would you eventually breakeven in the long run after...

I am not sure about that, but the study need to be controlled. There should be three scenarios: one is with edge, one is no edge, and one is with negative edge. PA

Why not do a Monte Carlo simulation to find out the answer? The technology is there in Microsoft Office in your computer.

It's anything you paid to the broker.

The reason why more than 90% traders lose is because trading is simple and yet complex at the same time--just like a card game. Any newbie traders enter into the market could taste temporary victory by having luck on their side. I know some traders who don’t use stop loss at all. They...

Could I bet on a coin with occasional head or tail bias?

I think it is going to take years before we could build a robot that knows how to do simple things like retrieve, clean, prepare, cook, and serve foods. It's going to take many more years to build a robot that is truly like human. PA

Up your size, my friend!