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More liquidity, more markets to trade = good thing.

Actually, studies have shown that 99% of traders in the London Stock Exchange are no difference from traders entering/exiting randomly. (Discovery Channel :P)

Always a scam and never the real deal. Just think about what you'll do if you get your hands on a profitable trading system: 1) Sell it to someone for $99. That someone will pass it around and all his friends/family will get rich trading YOUR system at YOUR expense. 2) Trade it yourself...

It depends on how individual view Stock Certificates. Apparantly you feel that Stock Certificates = money. Thus in a Stock Market game, "excess money" would generated in the form of Stock Certificates. 1) A has $100. B has $0. Total money in game = $100. 2) B writes and sells A 100 stocks...

I'm counting in absolute dollar gain/loss per step without regard for the previous step. IMHO counting in previous steps only makes it much more confusing. When B buys for $100 he lose $100. 99% of the "positive sum game" argument I have seen make this error. They assume stocks = money...

I understand your point. But I'm not talking about 100% or 90% accuracy. I'm talking about better or equal to random. Say if an Economist "bets" the same amount every trade, leaving himself expose to the exact same dollar value of profit/loss: 1) If Econs is rubbish and he is no better...

Yes. Well, economists and rich traders aren't a very common association. Futhermore, I read of the trading failure of people like John Nash, one of the greatest economists of our time.

Merriam Webster Online Dictionary Main Entry: zero-sum Function: adjective : of, relating to, or being a situation (as a game or relationship) in which a gain for one side entails a corresponding loss for the other side ------------------------------------------ This is easy to see...

Hi benysl long time no see. I remember you paid for a PALMS trading course that promised to teach "93% prediction accuracy" back then. Hows that doing now? Got your 93% accuracy yet or asked for a refund already?

For mathematical/quantitative Economics to be a viable field worth developing, it has to possess some analytical merits. On the other hand, if Economics is a viable mean of analyzing the economy, it would be a viable mean of making money in the markets. (Analyze economic changes/policies, bet...

Time to arb?

NO ONE in their right mind will sell a winning system. Its far more profitable to make loads of money with it then start a fund or get headhunted by wall street. Truck loads of money is waiting for profitable systems over there.

Goldman Sachs hands down.

Thats why so many are drawn to the markets. Its like a casino with no table limits. Smack US$100,000 down on the table and pick Long or Short, then pray hard. Either you lose that 100 grand or make millions. Where else do you find that kind of deal? :D

The "Big Boys" is a loose term that is used to describe the group of people who deal in huge amounts in the S&P. Hedge funds, Index Funds, Retirement Funds, Arbitrage Operations may buy/sell the S&P for reasons like hedging, arbing, indexing etc. When news comes, this group will take similar...

The problem is when your biggest loss comes, its gonna be BIG from all the averaging down. Even Warren Buffett makes mistakes and had to cut losses. When i traded the intraday averaging down system on demo, i was hitting profit on about 95% of my trades. The problem comes when that losing...

i tried an intraday average down method on FX once for a couple of weeks, thank goodness it was on Demo. :D the risk:reward ratio is just off the charts. its like 1000:1 risk reward. plain crazy. :eek:

Quants have been making money thru arbitrage operations since the markets exists. You should try reading up on arbitrage. The BJ thing applies to making money in the market. Though you're right it doesn't apply to making money in general. Consider this: You need 10,000 or more samples in...

do note that I never said they were entering randomly. I guess this is what seperates those making money from those who aren't. Knowing the difference between random and entering at random. Blackjack and trading is more similar than most people think. Think about it. The hands a player...

no one knows exactly what price action is or whether their version works or not. but a lot wants to believe in it.