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gam·ble (gmbl) v. gam·bled, gam·bling, gam·bles v.intr. 1. a. To bet on an uncertain outcome, as of a contest. b. To play a game of chance for stakes. 2. To take a risk in the hope of gaining an advantage or a benefit. 3. To engage in reckless or hazardous...

They do not understand that "if you tax something you get less of it". http://mjperry.blogspot.com/2008/11/if-you-tax-something-you-get-less-of-it.html Edit: by the way, one of the best blogs IMO. They probably looked at the trading volumes and calculated how much they can make after...

You mean you hope...

Since the market is a fuzzy system, the limiting case of two-valued logic cannot describe it, you need multi-valued logic. I tried to make it simple so a dummy can understand it. Sorry if I did not succeed. Read carefully, I said market makers.

Two - valued logic doesn't apply to fuzzy logic problems. Liquidity at extreme exit points can kill the inverted system. For example, some losing trades that exited at the their stop price may not exit with a profit when reversed due to immediate price reversal when price hits the limit...

So this is my conclusion from this very intersting thread: Since a high percentage of traders lose, their combined startegy is a losing one. The inverse startegy of their combined startegy is the winning one. Therefore, the winning startegy is based on doing the opposite of what the...

Fixed fractional risk using net equity minus any open position P/L is essentially both a risk management and a money management method. It is not optimal though in the sense that it is hard to know the percent risk value that maximizes some objective function. You can theoretically adjust the...

I dunno they are crooks but they are incompetent bureaucrats, for sure.

I agree. EasyLanguage is "easy" as compared to other languages used in some other platforms. I also like Tradestation because they offer everything in a single package, data, backtesting, brokerage, etc.

Take a look at this: http://www.stator-afm.com/fixed-ratio-position-sizing.html IMO, fixed ratio is NOT a risk management method but an attempt to maximize equity growth GIVEN that profit accumulates. In another sense it is a formula for pyramiding. %Kelly is much more effective...

It sounds to me like "noise trading", but I may be wrong. Your success rate is too low and so is your profit factor. If you try to trade anything like that in real-time, slippage -- as someone else already pointed out -- partial fills, commissions , etc. may drive your net down to zero and...

Also people who claimed the earth is round were killed at some point in time. Horses have been the most common means of transportation for thousands of years.. Is that also part of your Austrian economy? You know your arguments have no logical foundation. Your conclusions are...

You are behaving like a child now...be serious. He gave you a good example of the economic value of leverage in optimal allocation of resources and you immediatelly get somewhat ad hominen, which is a sign of weakness. He never said everything is fine...

Excellent points, especially the above quote. These people (Austrians) don't get it. I will bring up another example, mobile phone cells. If you are to reserve bandwidth for each user then the service will be too expensive. But you know that only on rare occassions there will be a big load...

Can you be more specific? History means different things to different people. Some poeple want to go back in time and some others hate to look back.

Non sequitur

Austrian school is discounted because it is just a philosophy that provides no quantitative basis other than its fundamental premise that government should not interfere with the economy. Which presupposes of course an economy in the first place that already functions well. The real paradox...

Maybe not. It is a move based on fundamentals. Zero interest rates in the US with increasing money supply, 2% in EU with decreasing money supply.

Take another look at a map.

Many retail traders went long the dollar with the hope to make a quick profit. They are getting killed now, dollar uptrend will resume when FX pool operators take all the money off the table.