Huge majority of you here are losers? Agree?

[ronblack]

Quote from xelite777:

Try this: throw a normal quarter 1000 times. Now I triple dare you to obtain WORSE than random sequences of heads and tails, like 50 heads and 950 tails.

I forgot to comment on this stupidity. "Worse than random" compares to the statistics of those random sequences obtained by tossing a coin. You do not throw a coin to get worse than random you numbchuk.

 

[tangentShot]

Why is somebody always ending a sentence with the word "numbchuk"?

Like "numbchuk" is kinda like his signature?

Quote from ronblack:

I forgot to comment on this stupidity. "Worse than random" compares to the statistics of those random sequences obtained by tossing a coin. You do not throw a coin to get worse than random you numbchuk.

 

[ronblack]

Quote from tangentShot:

We can be be friends, right?

be be what?

 

[trickshot]

Quote from ronblack:

I admit that. But not from you because you have no connection to trading.



You are being silly. Commission and spread in ES is about 1/5 of a tick. It is not the commission that kills trading but the frequency of trading. If you trade once a week with 50% win rate and 2:1 reward:risk this is all you need to make a good profit. If you start trading too much too frequently you approach random. If the market is pure Brownian motion and your system makes Brownian trades with a drift (tries to trend follow), then this is how you are worse than random because you are introducing a drift where there is none.

I am sure you do not understand what I'm talking about. The funny thing about people like you is that you think you know everything. It was Masters, one of Aronson’ss co-authors, who first explained the idea of a system that is worse than random in a seminal paper about MC simulations. Maybe you do not belong in a trading forum. Most people here are nice and knowledgeable. You are an exception. You are in the wrong place.



The opposite of worse than random is not profitability. When people talk about "worse than random" they mean deterministic systems (algorithms) with ensemble statistics worse than those of random systems. It is that simple you silly thing.

The spread on any instrument is always exactly 1 tick, how did you get 1/5 of a tick?

Round trip comm on ES is ~$4 with IB, thats 1/3 of a tick, so the spread + comm = 1 1/3 ticks, thats sufficient to destroy most day traders in the long run.

And obviously trading less frequently will always increase your winning odds, but its difficult to make a decent living doing that when market volatility is so low.

 

[R. Raskolnikov]

How's Vancouver?

Quote from tangentShot:

Don't be angry, ok?

We can be friends, right?

I really don't mind being friends with the less intelligent species.

I can teach you math & you can clown around & make me laugh.

 

[SimpleTrades]

Quote from ronblack:

I forgot to comment on this stupidity. "Worse than random" compares to the statistics of those random sequences obtained by tossing a coin. You do not throw a coin to get worse than random you numbchuk.

Blah! Blah! Blah!


You most certainly may! You can flip a coin 100 times and draw heads 80% of the time. 50% is only assured as the number of flips tend to infinity, assuming a perfectly balanced coin.

 

[Redneck]

Quote from tangentShot:

Your use of vulgarity not only discredit everything your claim, you just show everyone your pitiful level of intelligence.

You sounded like a follower, blindly following without a brain of your own. Maybe your mother forgot that you ever need one.

Yeah, hold on to your hope, keep believing…

My Mother is dead..., but thank you for mentioning her

Give yours a hug today... there come a day when you won't be able

Quote from tangentShot:

So far, I've been losing.

Yeah.., you have - consistently

chitty chatty

RN