A message to some day traders.

[volpri]

Sonny boy

You may have about dispensed with all your erroneous knowledge and arguments. This thread is on it’s last leg. Will not make it to the “black swan” league. So sad. Apparently it may also have failed in it’s stated primary mission of rescuing day traders ...even if is “just one day trader.”

The only thing it may have accomplished is to cause really good day traders to perhaps “see” (assuming they had not already considered the profit potential of such events which I have explained so clearly) the opportunities that the black birds aka as black swans, fat tails..skinny tails...short tails..and long tails...render.

So......

PS just to enlighten you a bit....your examples actually undermine your premise..you might want to dig out some other examples.

Bye fer now..........I know you will be happy..carry on as best you can....It is a tough row to hoe if you are trying to do a dissertation.

 

[danielc1]

If the activity of the traders who transact after we take a position (who therefore move price and determine our P&L) is not knowable, why would we trade? Surely we'd expect a net loss of the spread + fees?

I think your comment about 'why would we trade' is more as how can you make a profit trading if it is unknown what will happen next? The anwser is: Probability. It makes trade by trade still random, but over many trades, you can know the results. Casino's, Professional poker players, blackjack, and so on, do not know for sure what the outcome will be with the next play. (random) But they do know in advance over many plays, they win, if the probability is on their side. (Not random, sure bet) That is how trading works.

 

[Amahrix]

Sonny boy

You may have about dispensed with all your erroneous knowledge and arguments. This thread is on it’s last leg. Will not make it to the “black swan” league. So sad. Apparently it may also have failed in it’s stated primary mission of rescuing day traders ...even if is “just one day trader.”

The only thing it may have accomplished is to cause really good day traders to perhaps “see” (assuming they had not already considered the profit potential of such events which I have explained so clearly) the opportunities that the black birds aka as black swans, fat tails..skinny tails...short tails..and long tails...render.

So......

View attachment 209774

PS just to enlighten you a bit....your examples actually undermine your premise..you might want to dig out some other examples.

Bye fer now..........I know you will be happy..carry on as best you can....It is a tough row to hoe if you are trying to do a dissertation.

Bye.

 

[Amahrix]

I think your comment about 'why would we trade' is more as how can you make a profit trading if it is unknown what will happen next? The anwser is: Probability. It makes trade by trade still random, but over many trades, you can know the results. Casino's, Professional poker players, blackjack, and so on, do not know for sure what the outcome will be with the next play. (random) But they do know in advance over many plays, they win, if the probability is on their side. (Not random, sure bet) That is how trading works.

When you say “if the probability is on there side” , can you clarify if you mean they need to “win majority of bets”. Asking because you don’t mention the role of the payoff function. Ofc, they go hand in hand. But newbies usually are so focused on win rates that they end up collecting pennies whilst risking dollars

 

[Amahrix]

PS just to enlighten you a bit....your examples actually undermine your premise..you might want to dig out some other examples.

None of my examples undermine my premise Godel, you and a handful of others are professional strawmanners seem to have changed my argument in your “brain” and all your posts respond to an argument never presented.

At least your posts have some humor, albeit a weird one.

 

[volpri]

None of my examples undermine my premise Godel, you and a handful of others are professional strawmanners seem to have changed my argument in your “brain” and all your posts respond to an argument never presented.

At least your posts have some humor, albeit a weird one.

LOL it is good to laugh. Yeah I agree I am a bit strange. Bye for now.

 

[Amahrix]

LOL is is good to laugh.

Correct yourself drunkard.

 

[Amahrix]

LOL it is good to laugh. Yeah I agree I am a bit strange. Bye for now.

Next time take a step back and breathe before you hit post. I know you get excited when you see me. Just relax, im here. I gotchu. I’m not going anywhere. <3 are you lonely? Am I the only action you get? ROFLMAO

Edit: I’m strange too. Hi.

 

[Amahrix]

@volpri btw, I’m kidding about calling you weird/weirdo/crackhead. Lol, just messing around. you’re good bro. Don’t think your strange. If anyone’s strange, it’s me. All the best.

 

[SunTrader]

Except you can’t prepare for randomness when your “tools” convince you that there is none.

Once the participants of this thread accept randomness, they’ll realize their tools are inadequate to deal with this phenomena and will subsequently experience some enlightenment.

Thx for vindicating me.

P.S. turn randomness into your friend.

My tools don't convince of anything. They deal with probabilities.

Thx for staying blindly ignorant. Someone has to provide for the winners.