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  1. Scataphagos

    E = MC squared --- 1 pound of gasoline = 1 pound of water

    Highly doubt it. The "theoretical potential energy" of any mass of substance = the total energy released from breaking all chemical and sub-atomic bonds. Varies widely from one substance to another. (In the explosion of a nuclear warhead, all of that energy is released while only a small...
  2. Scataphagos

    Better to be Wide or Deep?

    (1) IMV, "wide or deep" doesn't matter. What does... significant winning percentage where wins are bigger than losses. Also the more issues you try to track, the more trades you are likely to miss. IOW... "focus". (2) Suggest not trying to "elimate false positives". You can't identify them...
  3. Scataphagos

    What has changed since 2008 that caused veteran hedge fund managers to underperform and close shop?

    Just the nature of the markets. Do one thing for a while, do something else later. A good trader is always aware of how things are changing and adapts. (Difficult to do, which is why there are so few good traders over the long haul) Players sometimes make a lot of money "understanding"...
  4. Scataphagos

    How are you traders competing with (and beating) the algos, HFTs, etc.?

    Only a "fraction" of trading time, yet you get it so well. :)
  5. Scataphagos

    How are you traders competing with (and beating) the algos, HFTs, etc.?

    Disagree. I've traded a long time and have never traded spreads nor do I have an interest in doing so. (Don't like options, either... too much hassle for too little money on too many positions for a retail screen jockey like me.) I once had a PM conversation with an ET old timer who runs a...
  6. Scataphagos

    Trump Deploys U.S. Military To Southern Border

    By that standard, Obama deserves to be drawn and quartered!
  7. Scataphagos

    Trump Deploys U.S. Military To Southern Border

    "... President Trump said on Tuesday that he will deploy U.S. troops along the southern border to guard against illegal crossings into the country "until we can have a wall..." https://www.zerohedge.com/news/2018-04-03/trump-deploys-us-military-southern-border He should have done this the...
  8. Scataphagos

    So, you technician guys I love so much... what do you see in the Tea Leaves?

    I've been thinking this corrective action has been a "Wave 4"... but which one? If correct, leaves room for some modest "rally back up", "Wave 5". Or possibly a much bigger move higher, possibly to Dow 50,000 in a couple of years. Too soon to tell which, if such is even the case. Consider...
  9. Scataphagos

    advice for Multi Screen trade station setup

    You can either buy a "turnkey trading computer"... or put one together yourself and likely save >$1,000. Lots of us on ET can direct you how to do that. If you want this kind of help, you need to answer a few questions.... Will the computer be used for trading and/or other "lite"...
  10. Scataphagos

    $8 Billion E-Mini Dump Sends S&P Below 200DMA, Dow Tumbles 500

    If such a trade is "done privately", how does the knowledge of it get into the marketplace... and for what purpose?
  11. Scataphagos

    BlackJack ( Math ) related Questions ..............

    No rationale to that. Each play is "independent" of what has gone on before. Either the deck is (still) "in your favor" or "not". Your question relates to the notion.... "if in a coin flip, heads has come up the last 5 times.... what are the odds of it coming up a 6th consecutive time"...
  12. Scataphagos

    $8 Billion E-Mini Dump Sends S&P Below 200DMA, Dow Tumbles 500

    So how does that work? Brokers representing each side make the trade out of public view? Didn't there used to be something like a "2,000 contract" position/trade limit? (I've never looked into such limits, as I can't trade that kind of size myself.) Wouldn't a trade of such size affect the...
  13. Scataphagos

    $8 Billion E-Mini Dump Sends S&P Below 200DMA, Dow Tumbles 500

    "... Moments ago, a 65,000 sell order in the E-Mini, equivalent to a notional of roughly $8 billion, sent the S&P 500 tumbling, and breached the 200-day moving average..." https://www.zerohedge.com/news/2018-04-02/nasdaq-tumbles-red-2018 How does one make a trade for 65,000 contracts? The DOM...
  14. Scataphagos

    Best Tips To Avoid Being Stopped Out In Futures?

    Conundrum... To do that you need to understand and use "Price TA". But "TA doesn't work", right? (I mean Geez... everybody says so.)
  15. Scataphagos

    Best Tips To Avoid Being Stopped Out In Futures?

    The psycho of the stop.... "I'm risking ______ on a play. If the market goes against my play by (stop amount), I must conclude that my play "might be/or is" totally wrong. At the stop point, it's "wrong for a little". If the trader lets the loss get much below the stop point, he may end up...
  16. Scataphagos

    Best Tips To Avoid Being Stopped Out In Futures?

    (1) Use of stops is fundamentally crucial to your success (and even survival) as a trader, and (2) where to place them is an art.
  17. Scataphagos

    Best Tips To Avoid Being Stopped Out In Futures?

    CORRECTAMUNDO!! Not only is this statement fundamental, it must also be "brilliant"(?)... as few seem to get it.
  18. Scataphagos

    What is your analysis of PTJ's prediction of the 1987 crash?

    For a "market crash" to occur, there needs to be a HUGE "changing of the mind". How do you predict when anyone/traders are going to "change their mind"? IOW... anyone who caught the '87, crash was as much lucky as anything else. (That said, one of the desk brokers in our office had bought a...
  19. Scataphagos

    Why We Should Never Compromise On Gun Rights

    Which is why Leftist propaganda targets the youth... just as Nazi Goebbles advocated. Unfortunately, our high schools and colleges have become festering pools of Leftist propaganda and indoctrination....not to mention mainstream and social media.
  20. Scataphagos

    Trump admin to rob immigrants' income tax returns

    LOL! Good one.
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