Just as the thread name says, I'm curious what the readers here think and how much one would be willing to pay to learn the techniques to be 90-100% always positive trader (essentially never or rarely have a losing trade). I've read some high frequency trading companies never have losing trades, there is something there within the patterns that these companies understand. Just curious at what lengths would folks here go do or pay to learn this? 20K? 50k? 100k? Or are these patterns something the companies are worth so much they would just about kill to prevent others from knowing them (reminds me of the movie "PI")? Sort of like having the technology to create artificial diamonds.
If there was a trading technique that was 90-100% always positive, how much would you give to learn
- Thread starter sfbayarea
- Start date
never happened.
I would pay $0 for the system as it does me no good. This is only one half of the coin. The other half of the coin is R:R ratio.
Now, if your question is, how much would I pay for a time machine to take me back to the early 80s, give me a seat on the floor of an active Chicago pit, and give me a good relationship with an institutional broker who would be willing to hit my bids and lift my offers all day long? I'd be willing to pay at least a couple million for that!
Now, if your question is, how much would I pay for a time machine to take me back to the early 80s, give me a seat on the floor of an active Chicago pit, and give me a good relationship with an institutional broker who would be willing to hit my bids and lift my offers all day long? I'd be willing to pay at least a couple million for that!
HFT firms don't do anything that you can learn from. It's all about speed. If you do their exact strategies with a tenth of a second delay, you would have the world's worst trading performance.
Guys can you help me with this Question?
You see a huge spike on one of the charts in front of you and over the squawk .box comes the announcement Central Bank X has announced QE
Please describe how you would react to this news and what trade(s) ,if any , you would make and why ?
You see a huge spike on one of the charts in front of you and over the squawk .box comes the announcement Central Bank X has announced QE
Please describe how you would react to this news and what trade(s) ,if any , you would make and why ?
Exactly. If someone doesn't understand that, they shouldn't be trading.
No need to pay anything.
This guy says he will give you >90% system for free!
http://www.elitetrader.com/et/index.php?threads/extremely-profitable-trading-strategy.293014/
I don't believe there can be a 90% win rate on anything except perhaps front-running or trading on insider info... both of which illegal.
For any trade to occur, the buyer needs to be convinced he's correct for doing so. Likewise for the seller. Therefore, even the best "odds" hover just barely north of 50%.
After all if there were such a thing as 90%, it would be eventually learned by the players and nobody would want to take the 10% side... and therefore, there would be no transactions.
For any trade to occur, the buyer needs to be convinced he's correct for doing so. Likewise for the seller. Therefore, even the best "odds" hover just barely north of 50%.
After all if there were such a thing as 90%, it would be eventually learned by the players and nobody would want to take the 10% side... and therefore, there would be no transactions.
