Search results

It is actually college-level probabilities. The answer is evident if you understand Bayes Theorem (you switch the door) Ninna

I think that your are missing the finer things in life. Ninna

Alright, then start trading with a retail broker (IB is good). You need to get the ball rolling. Nobody (except friends&family) will fund you on backtesting results alone. Proove that your strategy works for a few months and then you stand a chance to get funding and better execution. Ninna

What's the trade frequency? What is your data quality? What is the amount of slippage/commissions that your strategy can tolerate before negative expectancy? Ninna

This is wrong. Almost all Top 50 cities as far as standard of living is concerned are in countries that implemented a fair amount of "socialist" programs. The first continental US city (San Francisco) is ranked 32, far behind european "socialist" countries.. The criteria are: 1...

I agree with this: Beside the country is lead by the "UMP" party since 1995 (first Chirac, then Sarkozy) that is the right-wing party as opposed to the "Parti Socialiste" which is the socialist party. Your comment about education only hold if education can be accessed by everyone, which...

Great, and how do you do that when your "SMIC" salary (985 EUR, 60% of the population in France) barely gives you enough to pay for food+rent? Ninna

Norway is in a special position though due to its sovereign wealth fund. But there are other examples. For instance Switzerland is a great example. It has successfuly implemented direct democracy (swiss people vote almost every month) as well as several social security programs. These...

Your results are from real trading, right? If not, you're basically wasting our time ;) What's the risk-adjusted return? What's your edge (in one sentence)? Ninna

Assuming you don't have errors in your analysis, that you factor in spread and commissions: When the stock doesn't hit the target, what is the distribution of the error? If it is gaussian, you might figure out how to turn it into a profitable trading strategy (hint: forget stop losses)...

S3 beats sitting in jail. Just a thought Ninna

You don't get it. Smart traders trade other people's money. That's where the money-making potential lies. How many burgers will you need to flip to match the 1,5% management fee of a small $200M hedgefund? Ninna

Right. Let X be the number of times the RW crosses the origin. (i.e. the number of times the RW switches from positive to negative). The Arcsine law states that the most probable value for X is X=0. The second most probable value is X=1, then X=2 and so on. The bigger the imbalance...

Right, but you can't expect (real) traders to be good and patient teachers. Ninna

I was just kidding :) Ninna

Or you can trade the noise. :) Ninna

Are you implying that poor people are doing poorly in life? Ninna

Problem: Art has negative cash flow. You have to be able to sit on the investment for decades. Beside you need to consider the opportunity cost. Other negative cash flow instruments might be a better investment. Land in particular. Ninna

Do you mean official address or actual physical presence?... :D Ninna

How do you define random? What makes you think the trend isn't random? Ninna