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  1. 7

    Is it possible to increase the mathematical expectation?

    No. ___ Something To Think About... Question: If you want to start betting on fair 50/50 coin flips, can you jiggle your bets around and have positive expectation (sometimes referred to as Edge)? Answer: No. ___ If you are engaged in professional gambling/trading/etc, think about: Edge...
  2. 7

    TRADING Records for 20 oldtimers will clean this place up a lot!

    Doubtful any truly big winner will do this. Few big winning professional traders are fulltime ET posters, as an aside.
  3. 7

    SUPER NEW to options!

    As a retail trader, I suggest you find another area of interest. Some games should not be played. You are up against significant reoccurring frictional costs, informational and speed disadvantages, as well as facing deft and speedy algos from very sharp firms. Seriously... we live in a big...
  4. 7

    How to set up my new Day Trading business?

    Why do you think you have a meaningful edge day trading?
  5. 7

    The Hidden Costs of No-Fee Trading

    Hidden Cost of Free Trading? $34 Billion a Year, Study Says https://finance.yahoo.com/news/hidden-price-no-fee-trading-160021808.html
  6. 7

    Options: First Paper Trade

    Retail option trading? Look for a better path. The reoccurring frictional costs are large and you are up against speedy and strong algos.
  7. 7

    I'm looking for an edge - I can share a percentage of my profits

    Yes, you want to be around people who are better than you. Yes, having a concrete edge is where it's at. Not easy to find a winning trader to take you under their wing and there are are a lots of posers. . Apply to Suesqhanna International Group. Probably you will be turned down but maybe not...
  8. 7

    if i had 10 cents for every arb I've seen...

    Arbitrage in the strictest sense of the word would be an almost reckless transaction. With stock market deal arbitrage you hopefully get rid of meaningful market risk, industry risk and stock risk. However, you are left with a new risk: Deal Risk! Quite a few deal-arb guys have blown up or...
  9. 7

    Stellantis (STLA) as an investment

    How did you know?
  10. 7

    Stellantis (STLA) as an investment

    Thoughts on STLA as an investment? Thoughts on their CEO?
  11. 7

    Trade a big account

    Game plans are not enough. What if I had a game plan for boxing Mike Tyson? Keeping loses smaller is not enough, you need and edge that you can explain and win with. Example: Keeping losses small will not allow you to beat roulette because you have a disadvantage on your bets. ____ What...
  12. 7

    How to set up my new Day Trading business?

    Almost everyone wins on the simulators but in real ife you don't get those good fills or at least not for any size. Shouldn't you at least practice trading 100 shares live for awhile and see if you can make money? Why (now) do you think your trades will have positive expectation? What are...
  13. 7

    Trade a big account

    You need to say why you think you have an edge (positive expectation) on your trades. Why in the world do you think you can beat both the competition and frictional costs of trading? I can tell from your writing that you probably have negative expectation on your trades but why do you think...
  14. 7

    Hedge fund carnage, biggest con game going

    Hustles! Hustles! Hustles! Hedge funds, as a group, are.hudtkes as they figure to underperform reasonable benchmarks, even on a risk adjusted basis. The main reason the group has underperformed and figures to continue underperforming is that their skill can not outrun their fees...
  15. 7

    Stagflation and investment banks

    How do investment banks figure to do durring stagflation, if the U.S. ends up with stagflation.
  16. 7

    Internship for a Trader Wannabe

    Exactly right. Your goal should be to be around people who are better than you and add value. One idea is for you is to apply for a trading position with SIG, Suesqhanna and Group. If accepted, good things, including training, figure to happen for you. Best wishes. ____ You made a sharp...
  17. 7

    which youtube "traders" are legit?

    Gurus-,for-hire are mostly hustlers who used to win or who never won. A few do successfully frunt run their customers. Your goal should be to develop a personal relationship with a winning trader and add value. Good luck with this as most successful day traders are algos, but I gave you the...
  18. 7

    which youtube "traders" are legit?

    True. And don't count ones that front run their customers either.
  19. 7

    war what is is good for?

    Congress is not exempt from traditional Insider trading rules governing non-public company specific information, such as a not yet released earnings beat by Tesla. The potential problem is that there are other informational advantages available to many members of Congress.
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