Search results

Hence, that's why I said it's NOT ENTIRELY a zero sum game.

Whitster, you're such a narrow-minded moron! Think carefully before you actually verbally trash another! Do you have a basic understanding of hedging? If you did, you would know that options, futures, and stocks are related. Gambling in options and futures = zero sum game (I agree). But...

It is not entirely a zero sum game due to dividends! If you bought say GE for $30 and received $2 in total dividends. Later, I buy GE from you for $28, you only lose the $2 of dividend earnings, not your initial equity. _________________________________________ Also, your gain may...

OMG, I just can't believe you actually waited so long for the check w/o doing anything drastic.

The winning percentage is 39% or so, which means that there are many wrong signals. A better filtering process could be implemented to identify better entries and exits.

Murray, hope you can see it this time.

This is the performance summary of a very simple system using the momentum concept w/o filters. With filters, it'd be even better. The period tested is 6-22-98 to 2/3/06 for the ES continous contract.

Anyone betting on higher open next week tuesday? I miss the discretionary days...

I projected yesterday that today will likely be a down day. Usually, in uncertain time, people will not buy knowing that there's a long weekend ahead. This comes from experience. Although, I did this at a discretionary level only. Looking at the chart today, seeing how the price is...

To clarify: (a better hypothetical example, I hope) On a particular day, say 12/1/9000, your long-term trend outlook points upward indicating an up trend. At 10:15 am, the price is making higher high for the day, the question is do you buy here? Later in the same day at 2:00 pm, the price...

You still haven't answer my questions yet Murray...

A better question to ask is, how do you determine the strength of a trend?

If they're so successful, why teach when they can make so much more trading?

Are you scalping or arbitraging? Just briefly worked out the number the other day. Doesn't seem to work. But I can't devote too much time on trading forex just yet. Still in the process of putting a system together for futures.

Many discussions of trend on this board centered on identifying general trend. However, little discussions are found on the issue of gauging the strength of a trend. It is the purpose of this thread to share ideas that will aid a trader identify quality trend to follow. Most of you are...

I am aware of the triangular synthetic method. But until now, I didn't process it into the equation. Let me work it out later today, if I have the time. We can discuss it further tomorrow. I think most of the big financial institutions are doing interest arb. They'd be crazy not to...

I think I just came up with a similar arb. technique as yours Mike, I think. The problem is, of course, directional risk. I believe that if you study the correlation of currency pairs, you can hedge against directional risk. I jsut thought of a way to double the yield that people normally get...

I have little knowledge about forex trading. But have you guys ever done a correlation study of currency pair vs. another currency pair? (e.g. What is the correlation of USD/EUR to CAD/JPY). Say, if the Dollar appreciates 10% in value against the Euro, then the Cad. Dollar will appreciate 10%...

I used to be a discretionary trader. I could guess market direction correctly around 60-65% of the time(don't remember exactly). When I trade like this, I processed everything in my brain, which took into account all my past knowledge and experience. I realized a while back, that this is like...

Murray knows what he's talking about! Listen to him! If your long term trend is 8-12 months, you should be prepared to hold your positions for several months for them to turn profitable. In the mean while, you must be prepared to face short-term loss on your postions. Pick a time...