The thing about edge

[tradingjournals]

Quote from NoDoji:

Is your ability to utilize your gains contingent upon identifying the party who took the other side of your trade?

?

Could explain your question?

 

[Gringo]

Quote from tradingjournals:

Could explain your question?

Does it matter who's taking the other side of your trade for you to make money?

Gringo

 

[NoDoji]

Quote from tradingjournals:

Could explain your question?

Your posts about zero sum game aren't meaningful in terms of consistently profitable trading over time. An edge that is traded according to the rules that define it produces profits consistently over time. The distribution of gains and losses over a series of trades taken by the rules of a plan based on an edge are irrelevant.

My question, which does not pertain to "edge" by the way, was to prompt you to reveal whether any information surrounding your profitable trade (including whether or not those on the other side of the entry and exit transactions made money on their trades) influences your ability to utilize the gains you realized. You can save those gains, make another bet with those gains, or spend those gains no matter who the "last man standing" ends up being on expiration Friday.

 

[tradingjournals]

Quote from Gringo:

Does it matter who's taking the other side of your trade for you to make money?

Gringo

No.

 

[dbphoenix]

Which reminds me. I wonder what 1a is doing these days?

 

[NoDoji]

Quote from dbphoenix:

Which reminds me. I wonder what 1a is doing these days?

Funny you should mention 1a; I wondered about him today while cleaning up my Skype contact list.

 

[tradingjournals]

Quote from candles:

I'd say it's more likely 'zero'. 'Three or four' is terribly optimistic.

There's about 5 or 6 on elitetrader, and none of them have posted in any of the current edges threads yet.

If there are more than 60 people in this forum, then you are incorrect with probability 1. I respect your opinion though, particularly since it is better to lean on the safe side. If there are say 6000 people, then you are off the mark by a long long distance. If someone knows the number of people in this forum, it should not be too difficult to estimate the number of winners.