So this is what we're up against? :)

W

wxytrader


I double checked to make sure this wasn't posted on April.1 :)

It reminds me of this or the movie where some guy is pitching his edge to some investor how he can beat the market in the nano seconds it takes for the time conversion to update the price between US market closing and Japan opening or something...and the investor is skeptical, so the salesman is about to open a door to a closet saying we have 100 computers ready to track this. What was the movie? I don't think it was boiler room where the image is from.

MV5BMTUwOTIxNDIyMF5BMl5BanBnXkFtZTcwNjc4MjY0NA@@._V1_.jpg


Anyway interesting stuff!
 
hilmy83 said:
He's basically just investing in etfs and some stocks and doing buy and hold. For a quant, I thought maybe he would share something more complex.

But investors do beat 99% of traders. Especially for index that would never go to zero (if it did, your life will end soon).

Just average in or buy in deeper corrections, and just make easy money.
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too late for that, just have to wait for the upcoming recession, then buy the dip.
 
wxytrader said:

I double checked to make sure this wasn't posted on April.1 :)

It reminds me of this or the movie where some guy is pitching his edge to some investor how he can beat the market in the nano seconds it takes for the time conversion to update the price between US market closing and Japan opening or something...and the investor is skeptical, so the salesman is about to open a door to a closet saying we have 100 computers ready to track this. What was the movie? I don't think it was boiler room where the image is from.

MV5BMTUwOTIxNDIyMF5BMl5BanBnXkFtZTcwNjc4MjY0NA@@._V1_.jpg


Anyway interesting stuff!
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How, exactly, would this affect you as an Elliott Wave trader?

https://www.elitetrader.com/et/threads/elliott-wave-charts-predictions.379060/

And a proactive one at that:

wxytrader said:
you are essentially playing a numbers game, but are not being capital efficient because you are being reactive not proactive.
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wouldn't say this is quants just clever programming. heard stories of demon dialing still working in various markets
 
wxytrader said:

I double checked to make sure this wasn't posted on April.1 :)

It reminds me of this or the movie where some guy is pitching his edge to some investor how he can beat the market in the nano seconds it takes for the time conversion to update the price between US market closing and Japan opening or something...and the investor is skeptical, so the salesman is about to open a door to a closet saying we have 100 computers ready to track this. What was the movie? I don't think it was boiler room where the image is from.

MV5BMTUwOTIxNDIyMF5BMl5BanBnXkFtZTcwNjc4MjY0NA@@._V1_.jpg


Anyway interesting stuff!
More...
Good Morning wxytrader,

This is what is required to get rich in the trading business.

This trading business is about cheating to win.

Edge === Cheating
No Edge === No Cheating, No Winning.
 
Frederick Foresight said:
Since you claim to be on your way to making a fortune then, by your above criteria, how are you cheating?
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Good Morning Frederick Foresight,

I am cheating by searching and trading a guaranteed Edge to win in trading. Quickly exploit it, get rich and Quickly quit!!

The video above explained it!! They found a cheat/Edge, got rich, and quit.
 
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SimpleMeLike said:
Good Morning wxytrader,

This is what is required to get rich in the trading business.

This trading business is about cheating to win.

Edge === Cheating
No Edge === No Cheating, No Winning.
More...

I don't have to cheat or figure any of that s*** out. I just have to be in the trade. :)
 
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