----- Speculators Lose, Market Makers and Investors Win -----

Quote from aeliodon:

Like I said thus far the evidence suggests that the only way to speculate successfully is to be either a dollar cost average investor or a market maker. To combine both methods is the holy grail.

Are you serious? Dollar cost averaging as a market maker is NOT the holy grail, it is the way to get whiped the fuck out of the business!
Buy on the bid, price moves against you, buy on the bid, prices moves against you, buy on the bid, price moves against you, buy on the bid prices moves against you... repeat until position size is too big, and your offers still aren't being taken, so you dump on the bids below you... congratulations, you just helped some trend traders out and lost yourself money. Great job!
 
Back
Top