What is the edge in your trade?

[ironchef]

No trade management will help if model has no expectancy.

Did you read Parrondo's Paradox?

https://en.wikipedia.org/wiki/Parrondo's_paradox

 

[destriero]

I called Netflix, tho u took the trade as I was busy, respect. Still in the trade?



Wrong. I'll code an example later.

Yeah, I am still short half.

 

[qlai]

I have a half-dozen persistent edges.

I bet, for each, you know exactly why you have an edge. The example you provided sounds like arb play, if I understood correctly.

 

[nooby_mcnoob]

Not true. Read Ed Thorp:

http://www.edwardothorp.com/wp-content/uploads/2016/11/SystemsForRoulette_l.pdf

Palm->face. Of course...

 

[destriero]

I bet, for each, you know exactly why you have an edge. The example you provided sounds like arb play, if I understood correctly.

There are risk-positions that are essentially pure arbs but with variation margin. The issue is that they are cap-constrained ($100K to $500K notional).

 

[destriero]

I called Netflix, tho u took the trade as I was busy, respect. Still in the trade?



Wrong. I'll code an example later.

I read that Forbes article before you had posted it, but I added when you reminded me. I won't say what it was worth as you'll want a cut.









650K

 

[guru]

My edge: offering sacrifices to please Gods of Trading

 

[nooby_mcnoob]

I read that Forbes article before you had posted it, but I added when you reminded me. I won't say what it was worth as you'll want a cut.









650K

Moooooooooooooooooother fucker. Nice.

 

[ironchef]

I have no edge. Just hitching a ride on the bull bandwagon.

 

[IAS_LLC]

No trade management will help if model has no expectancy. The best trade management in the world will not help you in roulette.

Okay, obviously, but the way you manage a trade is part of that expectancy.