Search results

I don't think U.S. tax law would permit your model. The government is in the business of spending money, not making it. It generates revenue via taxes. Pension funds in the U.S. fall under for-profit SEC laws I think. As regards inflation, monetary policy in the U.S. has held inflation in...

It's not a socialist idea. It's a stupid idea. It's failed over and over again. Of course, we all know that history repeats itself, but do you want to repeat it on your dime? If I were in your shoes, I'd write an essay based on the economic numbers simply because human outcomes will always...

This looks like the 3 bar close strategy - lower sequential closes on three bars, higher close on fourth bar - BUY open next bar, set profit target, stop loss. Open of next bar is the close of the previous bar. Not bad for a scalp if you can get in close to the open of a bar. Problem is the...

Crap shoot. If your trade didn't work, it didn't work. That's it. You think the market gives a damn about your trade and that it will turn just because you're averaging? Think again.

The answer is no. The reason is that an indicator prints when it receives the price data. It is not a fortune teller. When you say "faster", you can set your indicator to "on bar close" FALSE. However, this will trigger the indicator to print on all incoming data and not on the close of the...

Don't worry about it. I was just trying to explain how research is done to detect patterns, inefficiencies, anomalies in the market which may be exploitable. Arb traders are more interested in that sort of thing - it's a lot of math and computer analysis. There are many ways to skin a cat and...

Markov can be used to build trading models - here's a link to a short description. https://www.quantopian.com/posts/inferring-latent-states-using-a-gaussian-hidden-markov-model It's simply a "chain" of events where the events themselves may or may not be known but an outcome can be predicted...

Well I'll disagree to this extent: sure typical market patterns are usually unreliable because they've all been exploited. However, there are hidden patterns and correlations that, when found, can be exploited. Requires big data and computer power, but can be done. Think Markov and hidden...

That's not true either. What Speedo described can be coded and tested. Variables can help include anomalies in the market. At the very least, the setup he described has a possibility. It's technical and the monkey wrenches can be worked out if found. He has numbers and numbers help. Hot air...

And the probability of trading like that, even without extreme variables, is zero. Why? Because there's no probability distribution possible for future price. You don't know anything about future price movement in that scenario. The trader is simply guessing that by continuing to go against...

Not really. Do you know how many times you can do that and still win? Not without a lot of statistical backtesting. What was described about averaging up/down is simply a lot of guesswork. There's no way to measure success or failure of such a strategy without coding it up and testing it.

Volpri, have you ever witnessed anyone on this planet trading as you described consistently? Just curious because I assume you know something about trading. The calc that you just stated sounds like the fantasy of the Holy Grail. You understand, of course, that what you described is...

Would be interesting to know how many complaints were filed with the CFTC before they took action. Eight years is a long time to be running a scam business and get away with it. I'm sure it's not a recent phenomenon with these guys.

Exactly what I was wondering. In any case, the guy is an idiot if he signed over access to his account to someone he never met. Hate to say it but he deserves what he gets.

Start with TradeStation. Easy Language has a complete library of mathematical functions which can be cut/pasted into a strategy or indicator. The only qualification is that you understand what the function does and how to use it properly. Other than that, it's the most complete platform for a...

Best answer. A race car driver has an edge when he/she has tested a technique that puts them in the lead. A trader has an edge when he/she has tested a setup that results in a non-random outcome. Here's the question: is the setup profitable or unprofitable? Could go either way and still be...

From a physicist's point of view: The misconception of mean-reversion Journal of Physics A: Mathematical and Theoretical "The notion of random motion in a potential well is elemental in the physical sciences and beyond. Quantitatively, this notion is described by reverting...

Joe is an anomaly. An anomaly does not represent the average outcome. It may excite you and make you breakout in a cold sweat, but it's not representative of how people achieve success in this industry. Hand-picked videos which ad up to nothing more than a barrage of advertising is a...

The money that's lost doesn't move into a vacuum. The money is just changing hands. Of course money can be made. The question is can it be made consistently. The 10% that I spoke of apparently are making money consistently. But then there's the 90% who are losing. That's a huge imbalance...

In the futures market, money is shifted back and forth between traders all day long. There are winners and losers but there's also providers of liquidity like Virtu. But whether it's a zero sum game or not is irrelevant to the day trader for the most part. Do you really care who's on the...