Reality based coin-tosser method that beats 95% of traders in the world.

Whisky · Oct 20, 2009

Quote from Badoit:

see my edit: If you want to front run GS, fine, GS are going to do what they are going to do - they don't give a shit about who is on the other side of your trade.

I would say that they do give a shit, but that's just my opinion. Maybe you do have a better understanding of the inner workings of the decision makers at Goldman Sachs.

You will have to prove that to yourself and others, that is if you want to profit from your understanding.

Whisky · Oct 20, 2009

Quote from Badoit:

infact it is probably impossible for them to know who you are and who your counterparty is

I would argue that it is very easy for them, since they are one of the two primary dealers left, the other JP Morgan is probably privy to the same info. But that's just my opinion, and I don't intend to prove it to others.

Badoit · Oct 20, 2009

Quote from Whisky:

I would argue that it is very easy for them, since they are one of the two primary dealers left, the other JP Morgan is probably privy to the same info.

"two primary dealers left"??

I had a bund position on earlier this morning... I placed an order with my broker in the market, and I got a fill - it didn't come with a thank you note or RSVP. I have no idea who was on the other end of my trade and I don't care, because it has no bearing on whether my trade was a good'un or bad'un.

Whisky · Oct 20, 2009

Quote from Badoit:

I have no idea who was on the other end of my trade and I don't care,

Exactly. That makes you an exceptional candidate for using the method explained in the first post of this thread. Maybe you will lose less?.

If you are already thrilled by what you are doing (very low odds) then just keep at it.

Badoit · Oct 20, 2009

Do you know who is on the other end of your trades?

Whisky · Oct 20, 2009

Quote from Badoit:

Do you know who is on the other end of your trades?

Not by name. No.

Badoit · Oct 20, 2009

Do you know why they are making the opposite trade to you?

telience · Oct 20, 2009

Get your bum to ease drop on business types for inside information. It must work if they're arresting people over it..

Whisky · Oct 20, 2009

Quote from Badoit:

Do you know why they are making the opposite trade to you?

Sometimes I can guess better than 50-50, other times it is just a coin toss.

Whisky · Oct 20, 2009

Quote from telience:

Get your bum to ease drop on business types for inside information. It must work if they're arresting people over it..

You will have to prove to yourself and others that your suggestions bring in at least 1 tic per day on average extra profit over the original method rules.