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I listen closely to Buffett's ideas and opinions because he is beyond savvy and has less of an ax to grind than many as he is giving 99 percent of his wealth to charity. No one is always correct but some people consistently produce better food for thought than others. The US is awash in...

The choice of broker is obviously a matter of great importance. Your having mentioned IB as an ok non-counterparty broker in a number of your posts should be valuable information to a number of ET members.

Smart

How do you sense this?

Sign in the slot area of the Bellagio casino: "It's true... Unicorns are not real but the house's advantage is" Three people are playing next to this sign at 7:30 am.

I was making a point that what one states or implies in one's advertising is important. To me, these things often are key. ___ In roulette one can take either side of red or black or bet on both. Should a casino strongly imply skilled (on an unbiased wheel with no hocus pocus) players may...

Better questions are: Can I obtain a worthwhile positive expectation? Is there a better alternative?

Nadex strongly suggests their binary options are a beatable game for potential sharp retail customers. Should a casino market their Big 6 wheel in this manner, I would use the same terminology. A lot depends on what is stated and what is implied. For example, I would be more approving of the...

If you think you have a possibly worthwhile predictive ability in this area, find a different instrument to trade your ideas. I am skeptical of your predictivr ability but it is up to you to decide if you have one, and to find a better trading instrument than binary options.

Scam. Nadex knows no customer will have positive expectation trading with them but they strongly represent the opposite.

There are none. Google binary options and educate yourself. Speak with knowledgeable people with no financial selfintrest in the discussion *posting ET questions is also good.

Is this a joke post? Tens of billions have been made by totally automated trading, see Renaissance Technologies as an example. The only reason 15 bitcoins is too expensive for an internet-bought system is that no one is selling you the keys to the kingdom for so little, let alone on the...

That is Dalio's way; however, lesser lights in the group sometimes swing the decision by presenting the superior ideas!

I got you do not want real discussion or risk answering key questions. From what I have read so far I would bet against your being profitable 12 months from now. You sound too far behind the learning curve, to my ear. However, of course I can not know this for sure and I wish you the best.

Why?

Absolutely correct. My analoges were only meant to highlight that most big winners in life seek out mentors. In trading you want a coach who has meanigful positive expectation right now. Trading edges often evaporate over time and many who used to win are now solid losers or have quit...

What works on one instrument, OFTEN does not work on another, or at least in the exact same way. SOES Bandits was NASDAQ NYSE Fishing Orders were NYSE Trend following in the Turtle Trader days worked much better with commodities than stocks Etc.. and so on... However, the general guidelines...

No! Not if time saving and ease of obtaining a meaningful edge is a top priority. One can have a nice longterm stock investment by simply investing in one or more very low cost ETFs and hold for 30-plus years, as Buffett has recommended. Better, in my opinion, is buying Warren Buffett's...

Trading high priced stocks is often not so easy because of the spread, especially for beginners.

When you place an order levels outside the bid and offer do you pull the order if price drifts to the nbbo, or close? Meaning, are you looking for large orders that clear levels to spike into you?