Search results

That's confusing because you mentioned "gross profits minus gross losses" in your original post. It would help if you posted a more complete report which should include the number of trades, the time period covered, max DD, etc.

You should recalculate your profit factor. It's not very meaningful as you defined it by subtracting the gross loss from the gross profit. Instead, it should be the ratio of the two. If your profit factor is 8 by your calculations, it's pretty much a break-even system. For example: Gross...

I am trying to understand this. You think you can protect your wealth from God's will by trading?

I am an automated trader, so my criteria for a successful trade is purely quantitative. Specifically, I am aiming to maximize this quantity: Success = (AverageTrade / StandardDeviation(All Trades)) * (probabilityOfWin - (1 - probabilityOfWin) / winLossRatio) * NetProfit *...

I think the ET's current look and feel is much better than that of vBulletin. ET's threads are much easier to read, have neutral colors, and are not cluttered. The vBulletin's threads, on the other hand, are contaminated with silly avatars, annoying member signatures, and a rainbow of colors...

I'd vote for a more decisive forums moderation. There is way too much spam, off-topic content, and personal attacks (just look at this very thread). I've just thought of a "collective moderation" idea. Any ET member can click the "delete post" button. If enough clicks from unique members are...

This definition does not make any sense. If one uses a random number generator to enter and exit, he would certainly lose more than 50% of the time, because of the bid/ask spread and commissions. So, by this definition, everyone is a cursed trader.

What was the need when you had one? Just wondering why people drop $10K for a phone.

Wrong questions. What you want to ask is "How long did it take you to become a profitable trader"? The answer would be, on average, "10 thousand hours of painstaking research and development, which included devastating account losses". Incidentally, the answer would be the same if the question...

This looks wrong. For the "ask" side, the price should monotonically increase from level N to level N+1. In what you posted, the price starts to go down from level 10. Similarly, for the "bid" side, the price should monotonically decrease from level N to level N+1. In what you posted...

Imagine how much profit you'd generated if you did exactly the opposite of what you've been doing. That would be: 2 long @1229.89, 1 long @1288.60, 1 long @1321.20, 1 long @1572, 1 long @1567, 2 long @1629, 1 long @1642, 1 long @1670. With S&P 500 currently at 1679, this equates to a gain of...

Right, I understood the humor. However, most ETers don't have a sense of humor, so your misquote could have been taken literally, leading to 10 pages of expletives, insults, and unnecessary explanations. I admit it would have been interesting to see how people would react to it.

Calling people "bigots" and "reactionaries" is counter-productive. To me, it's far more interesting to discuss the case, rather than the people who are discussing the case.

Obama didn't say that. He did make a brief statement about the case in March 2012, which he should not have done, because it's not the President's job to try the case in front of the American people, especially considering that the facts of the case were little known at the time.

If Zimmerman approached me face to face, and said, "Excuse me, sir, hello, my name is George, and I am here on the neighborhood watch patrol. Have you noticed anything suspicious around the neighborhood today?", then it would have been a friendly conversation. I'd reply, "Nothin', except those...

The (remaining) freedoms that we have in the United States are based on the presumption of innocence, not on the presumption of guilt. When I walk (or jog, or skip) in any neighborhood, I don't owe any explanation to any "good citizens" as to what I am doing here, or why I am dressed in a...

There is no "good" verdict in this case. I'd describe this case as "mutual self-defense gone wrong". If I were Martin, I'd do what he did: confront the creepy guy who followed me in my own neighborhood. The Florida's "stand your ground" law would be on my side. But if I were Zimmerman, I'd use...

That's a good observation. However, to use this analogy, your model should be a sand of pile that can cause a bidirectional avalanche. Think of a pile of sand in a gravitational field which can change the polarity. With this model, another grain of sand can cause the avalanche in either...

The guess that "the next target is 1542" is just as good as the guess "the next target is 1687", considering that you hold (a losing position) for multiple months.

I thought your "fair value" of S&P 500 was about 900.