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The longest recorded streak of one color in roulette in American casino history happened in 1943 when the color red won 32 consecutive times. In a row.


If you saw the emerging trend in the NDX after the election. You could of bought the future or ETF and paid one tiny spread.

Why pay Nadex a total of 500 pts in spread + more in commissions over the last 100 days?

Both of you stay remote from understanding my words.

The long streak of one color in roulette happens once very one million times roulette spins.
The phenomenon that market closes more up days in an up trend and more down days in an down trend has been through out market history.
You lack basic probability education.
 
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How do you identify a trend?

If I tell you how to identify a trend, you would further ask how I judge today's close by analyzing yesterday's close and yesterday's trading range, and how I make decision based on today's market open and when to make a high probability call, and how I place a stop, etc,etc.
These are things no one would like to expose to public. I already tell too much on some market skills. If you would like to know further, send 10K to my paypal account.
 
Funny to remember that i too went through a phase like this - until my p/l overcame my arrogance, and i actually did the bloody quantitative work! :)
 
Funny to remember that i too went through a phase like this - until my p/l overcame my arrogance, and i actually did the bloody quantitative work! :)
Funny to remember that i too went through a phase like this - until my p/l overcame my arrogance, and i actually did the bloody quantitative work! :)

That's why you could ask a question such as " how to identify a trend"?
People who ask such question are all losers.
 
That's why you could ask a question such as " how to identify a trend"?
People who ask such question are all losers.
You've got a lot of maturing and learning to do my friend. It pays to know your own limitations. I highly recommend you read the book Fooled by Randomness, as you clearly have been.
 
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