Today and yesterday after noon, nasdaq-100 did not act as in other sessions. Its behavior seems to have later migrated to other indices such as the SPY. What is to read in this price behavior?
There is so much demonstrated talent and knowledge on this thread, but yet no backers, that I am convinced, one more time, that what is missing in the world of trading is not knowledge or talent but big money .
Kelly in discrete case is mean/odds, but in continuous case it is mean/(sigma^2). Why is the formula not the same even if in both cases the aim is to optimize the geometric return.
I sense ET may have finally turned bearish at the open this morning. If true, that might explain the rise/range bound.
Smart money seems to be watching from the sideline.
I just read that Nodoji suggested Ammo and yours truly as nominees for Jack's project to write another book. I hope the reason behind the new book project is not that his old books are not selling well. I have read one of his books, but I must say that sometimes I feel some sort of regret to...
Nominate Nod's post for the best post of the year/decade!
In order for Jack to have my agreement, there are certain conditions I have ( such as sharing in book proceeds, the honoring of rights such as the right to comment on his past interviews with others such as George, etc).