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    Reality based coin-tosser method that beats 95% of traders in the world.

    Do you know why they are making the opposite trade to you?
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    Reality based coin-tosser method that beats 95% of traders in the world.

    Do you know who is on the other end of your trades?
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    Reality based coin-tosser method that beats 95% of traders in the world.

    "two primary dealers left"?? I had a bund position on earlier this morning... I placed an order with my broker in the market, and I got a fill - it didn't come with a thank you note or RSVP. I have no idea who was on the other end of my trade and I don't care, because it has no bearing on...
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    Reality based coin-tosser method that beats 95% of traders in the world.

    see my edit: If you want to front run GS, fine, GS are going to do what they are going to do - they don't give a shit about who is on the other side of your trade. infact it is probably impossible for them to know who you are and who your counterparty is
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    Reality based coin-tosser method that beats 95% of traders in the world.

    In an anonymous exchange environment, the counterparty doesn't have any impact on the result of the trade. (I just re-read my posts... not trying to be difficult, its a good thread). EDIT: What I mean to say is that it doesn't matter who you sell to / buy from... if the counterparty wants...
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    Reality based coin-tosser method that beats 95% of traders in the world.

    If you want proof that the news and fundamentals are an improvement on flipping a coin you should visit a trading desk. Why don't you just say what you want to say? EDIT: Also, you be looking to outperform cash, not just covering expenses.
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    Reality based coin-tosser method that beats 95% of traders in the world.

    [rolls eyes...I was being half facetious and half serious] So far on this thread there has been mostly talking about Jack Hershey, who it seems to me must be some sort of pathalogical bullshitter or on acid. I made my point because most (all?) of the ideas raised are technical analysis...
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    Reality based coin-tosser method that beats 95% of traders in the world.

    Change the order entry time to 15:00 GMT (10:00 EST). Instead of telling the homeless guy to flip the coin, tell him to go and buy the WSJ first thing in the morning - read it - and then say whether he thinks the market will be going up or down. Position yourself at 10:00 accordingly...
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    Fixed Income News service

    Broker Talk http://www.brokertalk.co.uk/Home.aspx
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    trading without any indicators for daytrading?

    I Very strongly disagree with this. I don't use ANY indicators at all making intra day trades - and the only MA I will look at is the 200 Daily, only because it recieves so much attention. Other than that it is all about reading the structure of the market. It IS possible to make intra-day...
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    Economic Recovery: India vs USA

    Why India specifically? Compared to other developing economies, India has relied - proportionally - more on services than manufacturing. Not a loaded question. To be frank, one of the best things the US could do on a macro basis would be to give Isreal a kick up the ass; tensions are high...
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    Historical NFP data

    Useful - and free - resources from the web: http://research.stlouisfed.org/fred2/ http://www.economagic.com/ http://www.census.gov/cgi-bin/briefroom/BriefRm http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/ http://www.statistics.gov.uk/instantfigures.asp...
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    Is it legal to hedge in another account?

    Anybody who talks about hedging one currency pair against another is a total fucking halfwit. The only way to hedge in the CCY markets is to fix a price - TRANSFER THE RISK - e.g. fixing USDJPY in a 3m Dollar vs. 3m Yen rate position. If you are going to Mexico on your hols, you can HEDGE your...
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    how do people decide what options strategy to use?

    Better to build a portfolio of greeks IMO (1st and 2nd order) than trying to pick out all the different strategies from one another
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    Market Profile Theory as it Evolves - Technically Speaking

    I wish you the best of luck with your endeavour, but to me indicators from Market Profile measures are a step backwards rather than forwards. With the proliferation of informaton that is now available - and in real time - there are a thousand and one different things you can do with Time /...
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    Sharpe Ratio useless

    What exactly is it a measure of anyway? Just looks like a series of sums to me.
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    Bible cant be true because of million year old fossils/carbon dating...right?

    Prove that I don't. :D just kidding The reality is that it's impossible to prove that God doesn't exist or that he does. One set of people going "prove that he doesn't" and another set saying "well prove that he does" or "prove that I cant prove that he does" etc is pointless, and not...
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    Sharpe Ratio useless

    think of it another way; if you had a mechanical system w/ +ve (and stat. significant) expectations, How much would you pay for it, in "sharpes"? what if you waited a year and it still posts the same +ve expectation? what would you pay in sharpes then?? Ceritis paribus the more...
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    Sharpe Ratio useless

    If you can deliver a return over and above the risk free rate w/ 0 volatility - well then that's an arb, isnt it. So it deserves the infinite sharpe ratio 'cos there's no risk you won't outfperform.
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