Search results

You mention "sequence of trades" - does this mean you only take one trade at a time? Please give a specific example of some trades in different instruments together with all relevant info (% profit, is it concurrent with another trade etc.) and then exactly what you wish to calculate and the...

I agree with nitro's good advice. You'll find a little more info here as well : http://www.elitetrader.com/vb/showthread.php?s=&threadid=17436&perpage=6&pagenumber=1 When you've finished all that, you can start taking into account betting and position.

Can't get cheaper than that. I'll be sending my list in this morning.

You are mixing average points per day with average points per daily trade. If these trades were done on the same day, then the day's total would be 3 points or an average of 3 points. The average daily trade is 1 point.

"Those were really tough times. I wouldn't have had anything to eat if it wasn't for the audience throwing stuff at me." "As soon as I arrived in camp they gave me a 10-gun salute - or so they told me on the operating table." Bob Hope (May 29, 1903 - July 27, 2003) R.I.P.

:) No, just an EV call. Had it been some drunk wanting to split 5's against an ace, they would've allowed you to lend him the money. On the other hand, I don't think you would have been party to that. But I'm sure they would've held up the game to let him stumble across to the ATM. Bastards.

Bleak, but not as bleak as you make it. Basic strategy dictates that you should stand after the first picture card (12 vs 6), but this still leaves us with a negative EV (expected value) of about 15 cents (for each dollar bet) as opposed to a positive EV of about 68 cents if the aces were split...

Funny how some things never change. I took on odd carpentry jobs to help me through my learning curve, but I would never have made it without the additional income from my wife's topless dancing.

Johnny, I'm sure you meant 25% and 33%.

Not valid, IMHO. This is akin to folding a bad hand in poker or taking a bathroom break during a low blackjack card count. What about the ante, you say? To which I say, what about the DSL charges?

Jack, you mention that you like humor, so please accept the following in the spirit of July 4th.

Now that you mention it, I can see where the ambiguity comes from. Sorry.

To trade 10 contracts, you would need $50,000 and I would need $70,000. I don't know where the $58,000 comes from. :confused: Probably to lull myself into a false sense of security.

I agree in principle with your schema, though you will find rational investors on either side of the spectrum. In answer to your question, nothing makes sense regarding margin requirements - whether it's $5,000 per contract or $25,000, none of us are immune from an event which wipes us out. With...

I am looking for something a little less stressful both in terms of responsibility (blame the system not me) and sheer quantity of trades (1, maybe 2, per day as opposed to 15). In "Fooled by Randomness", Taleb portrays a happily retired dentist who expects to earn 15% annually on his...

"I'm a stockbroker. [Pause]. I invest other people's money [longer pause] until it's gone." Woody Allen

I'll answer the first question for you - I'll leave the next two for those better qualified. Try this for size : http://www.elitetrader.com/vb/attachment.php?s=&postid=114127 I was only trading 2 contract lots and it took just a little over an hour. It's documented in my journal...

I am fully aware of all the players in this thread (and their inter-relationship) - the "promises" thing didn't refer to you, and I apologize if it came across that way.

I have no doubt that Speedracer and some of your clients experienced problems running on a dynamic IP, and that is a real shame if they were promised otherwise.

According to GHCO, one does not need a static IP to use their VPN and X_TRADER. I had a dynamic IP for my DSL connection to X_TRADER which, BTW, was very stable.