I think you are saying the policy will be such that the most people get screwed to benefit the few. It sounds like trading. I always was under the impression that we are all traders like it or not. Some of us accept it, othres ignore the big elephant in the room.
I got f%&^ by IB today. I failed to understand this:
They sell any long ZN positions on:
"2 hours before the end of open outcry trading on the business day prior to First Notice Day (longs) or Last Trading Day (shorts)"
So I was long 10 contract at 055 at 11:59
They sold them with no...
Volume bugs the crap out of me.
You need to add all contracts to get the total volume. Just the June volume was not the highest volume but if you add the September you might get quite high.
I have not found a reliable method to trade volume. Some time ago I lost some good $$$ not exiting a...
You can use charts with past data to learn to recognize human behaviour.
When you trade real time you can use your knowledge to recognize the setup and expect the predictable human behavior. This is not predicting. This is street smarts.
I can predict easily that if you trough a cracker in...
Exactly. Some things are easier to predict from past data than others. I am quite sure that the temperature tomorrow will go above 71 F. I say this by just using past data.
The problem is when we try to predict too much.
Also. No one wants to be on the other side of the easy bet.
The...
What if I offer you a game where you get paid $1000 if you accurately predict if the daily range of ES will be bigger than 8 points? You can give me the answer at 9 AM each day.
You will pay me $1000. If you win you get your $1000 back + $1000. If you loose I will keep your $1000.
You are...