The next step in building our casino so that we have the house odds in our favor is to look at the edge, or in system trading terms, expectancy. Let’s take a look at the house edge in a few casino games: Game House Edge Baccarat 1.2% Blackjack 0.8% Craps 1.6% Roulette 5.3% So exactly what does this mean? Let’s … Read More
There Is No Holy Grail In Trading
I wanted to respond to a couple of observations from our readers: The first: “If you’re talking a pure technical (trend-following or countertrend based on indicators) system on highly liquid vehicles like QQQ, “getting a real world system to work” is insanely difficult….I’m looking forward to this series, skeptical though I am.” And the second: “It’s simple enough to create … Read More
Sometimes It Pays To Be Boring
What if I told you it was possible to be up over 30% year to date trading just QQQ about once every other day. Sound boring? And the only thing you had to do was to turn on your computer—well, not the only thing—and that you would have to have a thoroughly tested trading system first. And if you did, … Read More
- Page 2 of 2
- 1
- 2