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    Ramblings of a degenerate gambler

    A backtest is a simulation of the trades. Use a trading simulator and log your trades in a log sheet. That should tell you if it is profitable or not.
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    Ramblings of a degenerate gambler

    Your trading edge is built into your trading system. Either you have a good trading system with an edge or a bad trading system without an edge. How to know? Backtest it. There are no shortcuts. Here is a clue. "Any trading system going against the major trend in the Stockmarket is more likely...
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    What do you do to get your edge?

    Your trading system either has an edge (positive expectation) or no edge (negative expectation). If your trading system is not able to show profitability for extended periods of time (say 6 months-1 year) or huge numbers of trades, say in 200 trades----it has no edge. Backtest all trading...
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    Ramblings of a degenerate gambler

    Gambling is a negative expectation game. You are guaranteed to lose. Take your best shot. Trading is a positive expectation game, provided you know what you are doing and have an edge. That edge is your positive expectation which stacks the odds in your favor. You will still have losses but...
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    Mrs. Betty Bowers, America's Best Christian, Speaks!

    There is a best Christian? What is this a beauty contest? Frederick NoSight shows his utter stupidity again. How the hell can you tell what is in a person's heart? Now, I know you extreme liberal ET trolls are a most hateful, intolerant bunch. You show us everyday with your vile, hateful posts...
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    We've seen the bottom, up from here

    The Stockmarket has not crashed yet, so how can there be a bottom? Deep corrections and pullbacks do not make for a stockmarket crash. It will come at some point I am sure. We are not there yet. Not even close.
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    The Case for $100 Oil: More Driving, Less Drilling

    The US is flush with oil but, you have to drill it out of the ground. However, with Joe Biden policies which restrict oil drilling, has the Federal government investigating so called price gouging, more regulations, the US is back to importing huge amounts of oil. All oil producers in the US...
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    DISASTER: Biden’s December Illegal Border Crossing Numbers Worse Than 3 Previous Years Combined

    It is criminal the way Joe Biden and the Democrats are just letting illegals get into the US without even having to show up for hearings or even getting locked up while, waiting for their hearings. The US cannot continue allowing millions upon millions of illegals to just come in and over run...
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    This is what Biden should be doing!!!

    More and more Americans are getting pissed off at Democrats abuse of powers. They cannot even reign in inflation yet, doing their utmost to destroy the US from within by taking the rights of US citizens. Illegal foreigners are given more rights nowadays, including vicious criminals.
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    Loser Trump's Taxes Show Over $1 Billion in Losses

    Let me see, we have a very successful billionaire and the best ever US President Donald Trump and an ET troll, ExGoper spreading his lies and disinformation. Who has credibility? While, we are at it, you are allowed to offset losses against gains based on the US tax code which is what smart...
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    Will Elite Trader please take a stand against dangerous anti-vaxxer bullshit?

    The biggest idiots spreading lies and disinformation is GWB and his cohort of ET trolls. Add Frederick Nosight to that BS class. Like the fascists they are, they are trying to shutdown others pointing to their lies and disinformation. You do not want to be called out? Then, stop your lies and...
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    MAGA: US to lose economic supremacy 7 yrs. ahead of schedule

    If the US fails, Canada will not be far behind. You think the illegals, criminal gangs and terrorists which cross the US border will just stay in the US? Cuddles4BS is Canadian and before you think you will be safe if shit hits the fan in the US, you cannot be more wrong. After all, when there...
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    Todays action destroyed many traders

    What the Federal Reserve raising interest rates is just the cherry on top of the sundae. That will just make a huge market crash that much worst. Price action today probably, just a reaction to other geopolitical events like the Ukraine on the brink of war, more than the Federal Reserve not...
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    Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors

    It will take you a long time, to lose that much monies. A lottery ticket costs only $2. I buy a ticket when the jackpot is in the hundreds of millions. Just 1 ticket. People have lost more monies in the Las Vegas casinos and probably, much more in the US markets.
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    Todays action destroyed many traders

    The price action and StockCharts do not lie. One can easily see the weakness in a lot of US stocks. The threat of war in Ukraine resulting in higher oil prices plus inflation running rampant in all sectors of the US does not augur well. Just got my gas bill and it was up almost 50% from just...
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    Russia & Ukraine

    The European Union soy boys will be running with their tails between their legs once, war starts. Expect Emmanuel Macron to be among the first ones to save his worthless ass. These guys expect the US forces to do the fighting for them. Joe Biden might get some US troops killed in his display of...
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    Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors

    Everyone wants to be rich overnight. They believe the pipe dream that putting your monies in crypto is the sure thing to unlimited riches.
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    Fed chicken didn't have the guts to pull the trigger

    All the early gains was wiped out. Still hanging to my long positions. My put options are going up in value so, it is all good. Nice to be hedged.
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    Which is the best company to use for doing your taxes?

    Turbotax is a tax software if you are doing your returns, your self. You have H & R Block as well as a host of other tax preparers. If you have a complex tax return, hire an accountant and pay the price. The last thing you want is to have problems with the IRS.
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    Biden’s press conference was an utter disaster

    Now, liberal rag Time finally got it right.
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