I make more than this building spec homes (when leveraging with construction loans). Much more. Over 100% actually. Problem is... It's ALOT of work. So much that it makes me hate life at times.
I'm back. Hopefully better and more realistic.
- Thread starter farmerjohn1324
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I make more than this building spec homes (when leveraging with construction loans). Much more. Over 100% actually. Problem is... It's ALOT of work. So much that it makes me hate life at times.
One thing I'd like to learn is how to only trade during volatile trading hours (near open, near close) and just make 1 or 2 "bets" per day and hope I can get a system that puts the odds in my favor.
The thing about blackjack is that the odds are known, so that when I lose with a 20 (or win with a 13), I know nothing changed and my system isn't broken. That's why I brought it up.
Don't recall who said it, but the tragedy is :
,,When you're 40, you're great at that which you do & ...You hate it"
Naaahh
Forget all of it.
This John :
https://www.investopedia.com/terms/s/swingtrading.asp
Try this.
And why Jack is Black. (Smiles)
With a high quality spec home, you are working with very good plans.
I don't see that with your latest trading venture.
Why not test out systems on paper?
I don't see that with your latest trading venture.
Why not test out systems on paper?
1. Your losses don't feel the same on paper. (Neither do wins).
2. I'm not risking an amount that would bankrupt me.
3. I've already tried quant and EA's... I don't know what else to do than try to "position trade" based on what I believe I know and make educated guesses. If I'm wrong, then see #2.
I'm not sure that it's possible at this point to gain an edge. I've heard lots of people talk on here, but never heard anything concrete.
Have you ever tried to do exactly what the dealer does in BJ? Which IIRC is hit on 17, but stay on 18 or above? I remember messing with that some time ago, and it still seemed the dealer always came out ahead.
He's already cannonballing positions, spitballing it and doing the same old shit. He won't last long adding to a strong move in Forex.
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What moves are you aware of that I'm doing? And what is cannon balling?
"Perfect play" is more complicated than that. It involves sometimes doubling down, splitting, surrendering, in addition to just hit or hold.
But even with perfect play, the dealer has the advantage of winning when both hands bust over 21.