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Wouldn't flipping a coin for entry give you a 50% win rate?

a) Ask your broker to obtain code samples to find good implementation of all required functions. b) Which IP you connect to will depend on your specific brokerage.

Then the question becomes, does my response indicate I am successful or doing poorly?

Replace 'rich' with 'successful' if you want to be pedantic.

Are you implying that rich people are helpful and cheerful?

Obviously oil production will keep rising indefinitely.

The only reason a HFT should be adding to noise is if it is losing money. Which means it wouldn't be running long anyways.

A good question to ask would be, "Is it possible to trade the trend profitably on an intra day basis"

For anyone who is still interested in this problem. I double checked with some other mathies. Turns out our initial intuition was correct, if you allow player A to choose which card to show and they employ the correct numbering strategy, you give them the opportunity to arbitrarily force the...

That makes sense if the card that is shown is picked at random. But from the poster of the game's message. "Whether you pick which number to reveal randomly or not doesn't matter. In both cases there is a strategy that brings the other side to a win probability higher than 50%." And by...

But by the description of 'the game', we can choose our numbers every game, so they are not random, not separated. Which would mean the game is beatable. In fact, you could do that strategy but use 2 < X < 99 and then choose the second card to be X+2 or X-2 so there is separation. So that...

Little confused by this statement. Its not about guessing if the second card has a highest number, its about guessing whether the card (which card?) has a higher number? I think my brain is just poorly wired to deal with this problem. I still think if I choose to show a card with the number...

Ah reality. My arch nemesis.

What are the terminal conditions in this game? I am still seeing this game as completely analogous to a series of coin flip bets.

I meant the original poster of the 'game' :P Sorry!

Sorry, but I am still failing to see how this can be used to turn a series of coin flip bets into positive expectation. Would mind you explaining it in your own words addressing the specific coin flip example I gave?

Well that was needlessly condescending. Anyways, I've given up hope on the original poster being able to give a useful answer to my question. Hopefully some other helpful reader can explain to me how a game which can be reduced to a series of coin flip bets (based on the original given...

I came to the same conclusion though I never got an explanation why it was incorrect. After reading the article that the game was supposedly taken from, my original assumption that the game was incorrectly (unclearly) stated was turned out to be correct. Specifically the line "You are allowed to...

Not changing the game at all. I merely misunderstood it originally. Its actually a lot simpler than originally thought, going by the original description of the game.

Mind explaining how you would beat the approach I described? "Choose N1=50 and show that number, flip a coin to decide if N2 is 51 or 49. It should be impossible for them have a chance other than 50% of guessing if N2>N1. Which will lead to positive expectation with the imbalanced payout."...