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CHOO CHOO!!! Rally train leaving the station. You cannot short this goverment/Goldman pumped market!

I think I just pissed my pants laughing.

From someone currently in a business program - no truer words have even been spoken.

The title is sarcasm, right?

Isn't that the latest accounting trend these days? She's on the cutting edge - good for her!

So what's the deal. We've got three calls so far, correct? Are you letting us know the starting account size? I don't see P&L posted anywhere, maybe I missed it. Without going back through 75 pages, you have a three trails in a row so far so you're still short from Monday?

Most ironic part of the quote.

Makes perfect sense. If only Wiskey was intelligent enough/not such a douche he could have explained that 47 pages ago.

I don't really care about bringing an extra tick to a method which has an unproven return to begin with. Prove break-even and then we can worry about making it better.

LOL So easy a caveman could do it. Market is random my ass.

I just don't get why he can't see it. Maybe he does and it's just too hard to admit such a simple and basic flaw after 65 pages of ranting and raving like a dick.

Exactly. So there's nothing break-even about your coin toss system. I could buy/sell based on what shade of brown my morning shit is - I'd have just as good of a chance to win.

Then if you want to assume that the market is truly flat over time, then the coin system is a massive loser due to the same forces that make the market trend up. Where does that put us? Back to where we started, buy and hold beats coin toss.

There's no decisions at all. Can you play head/tails = red/black and come out break-even if the roulette wheel is biased 0.48-red/0.52-black?

That makes far more sense that how he stated it, but let me explain how I'm looking at it. The market is biased long, purely from a historical perspective. Also, as stated by someone else, even if the market didn't trend up over time, the probability of it doubling is, in the real world...

Yes, I get that. It works out quite we'll when you're trading a fair instrument - not so well when the instrument is biased towards having more/higher winners than losers.

You'll have to prove to everyone else that the original trading rules provide for a break-even system, before costs, and then you can start worrying about who's adding ticks where. You're attempting to trade a loaded pair of dice with coin toss, it doesn't work.

Is the market long biased or not?

How about, instead of ignoring his question, you answer it: which is more likely: i) Tomorrow, the SPX will close at 2 times its present value ii) Tomorrow, the SPX will close at 0 Again, the market is biased. Your 50/50 coin tossing does not take this into account.

I went long a week from now and I'm still holding. It makes no difference. If you want to bring time frames into this then your coin toss method makes even less sense because you thousands of tosses before you'll even begin to see some hint of 50/50 results. In the mean time you just blew out...