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I saw that one in the past. They do not have the concept of money management.

I started bad, then learned how they choose their stocks, then my score went up, from a low of 25 to now around 75. The stock choice should be random. In addition even if you and I did well, it could be just the luck of the draw.

I did not try, but I would not be surprised if charts might be just random walks.

Some of you may have read that the direction of markets is decided in first 20 minutes of trading ( I do not recall the exact percentage number). In the theory of random walks, similar things happen. The first 5% would decide about 15% of the outcomes. 5% of one day is ~ 20 minutes.

Over time, I am more convinced than not of the hypothesis that markets are a random walk. For the long term investor, however, I believe there is an edge in market indices. I also believe there might be traders in VIX who might have edges if they limit themselves to conditions such as sell...

Too early? Didn't he do it in a closed market for both open and reverse/close? As for your mid 33: I wish you well. Since you seem under water, I hope the market will not do the opposite of your wishes, but I sincerely wish for you that you win.

When traders lose they typically say it is someone else who did it to them, and when they win they say it is them who did it.:) It rather the opposite: If people win it is by chance, and if they lose it is probably by skill.

I knew that when a majority agrees on something related to markets, it means it is usually wrong. It did not take long, even if the market was closed.

People like to believe in miracles and things that may not be real. Isn't that the business model of Walt Disney?

Why did they trade it then? Who took the other side of their trades?

Thanks for 1. and 2. Now, I understand why they were buying. You are the first (and only one) who gave an answer I find solid and logically makes sense to me. 3. Because of price action! :). SPY was down, QQQ broke the low, and you guys brought it to the high of range. Do you think you...

Here is an idea. Check the price of a gallon/liter of milk in europe. Then find the energy stored in a gallon of milk (calories in milk). From there you price the price per Calorie. Once the price per calorie of milk is known, you should be able to derive the price of a gallon of oil because...

They are in the middle east thanks to the Americans. You are adding more reasons for why europeans should pay americans. Not only the low price of oil, but business in the middle east is another reason they should pay. So each American should receive a share of profits from european oil...

That is why they should pay, because the Americans get it for them for a cheaper price, and it costs Americans. Without the Americans, Europe could be paying more than double, and they would be walking on four just to get the oil.

Take the example of 2:1, 50/50. The average is 0.25. So a loss is actually 4 times in terms of average. In a short/long context, the average of the outperformance is a lot smaller than 0.25/day. Thus, the loss when projected to average is a lot bigger. I believe that is one main reason why...

Any positive number is too much. 20% is outrageously too much.

Americans provide energy security to Europe at a cheap price. The Europeans should then pay back Americans for the value they have been receiving for free, and at the expense of Americans. There are more Europeans than Americans. How about each American receives $500 per month from Europe...

2 losses in a row (which is actually "4" losses) and you want to leverage on the 3rd?

You should write what you think, not the opposite of what you think but want others to think. And, do not forget to put me on ignore. :) It is easy to do. It is just a click of a button.:)

If someone destroys a thread, I just leave it. Back to this thread Mav. I know you have been reading it. If you are not reading it, I want you to put me on ignore and respond to this post stating you will not read this thread and that you will put me on ignore. And Mav: why were they going...