- Search Energy EXCH
- 51 Results (2 Threads , 49 Replies )
- TEntropy replied Mar 5, 2019
Another Note About the Benchmark: After optimizing my r:r ratio, I have settled on using a target of 0.1% per trade based on the r:r being used, the number of transactions a day I can expect to have based on the volatility of the product I am ...
- TEntropy replied Mar 5, 2019
A Note About Risk:Reward Optimization: Some argue that all risk:reward ratios are created equally and like most things, not all, but most things, you need to ask in relation to what. In this case, in relation to our money management strategy. And ...
- TEntropy replied Mar 5, 2019
A Note About Money Management: There are two things that are widely known in the discussion of money management: 1. Risk a fixed % per transaction/leg. 2. Kelly Criterion (Formula to optimize what % that should be. Most traders usually use a ...
- TEntropy replied Feb 28, 2019
A Note About the Benchmark: From 2017 U.S. Year End Report: "There is nothing novel about the index versus active debate. It has been a contentious subject for decades, and there are few strong believers on both sides, with the vast majority of ...
- Partum Pecunia Influunt
System Parts (In Order of Importance): 1. Money Management Strategy 2. Risk:Reward Optimization 3. ...
- TEntropy replied Feb 7, 2019
Ultimate bullish pattern. image
- TEntropy replied Feb 1, 2019
This is a very interesting statement. I would reword it to be, "with proper money management most any trading method can be pseudo profitable." If the system has a negative expectancy, you will not be able to make it mathematically have a positive ...
- TEntropy replied Feb 1, 2019
My final response to you since we have both agreed to disagree and have had a very nice debate on this issue. If it wasn't gambling because you have an edge, there would be no bet a casino shouldn't take as long as they have the fund to match the ...
- TEntropy replied Feb 1, 2019
Again, we can agree to disagree because, in my opinion, you have no clue how probabilities work. You can still lose with an edge. Casinos have gone bankrupt even though they always had the edge by making bad bets. There is no mathematical difference ...
- TEntropy replied Feb 1, 2019
This leads back to what everyone who has mentioned this has failed to do. What is mathematically different from a game of chance and betting on uncertain outcomes? Also, you can create the exact same odds quoted in that definition in fx. For ...
- TEntropy replied Feb 1, 2019
Please quote the article where it says this. The only difference explicitly stated in the article is the degree of risk, however, the changing in degree of risk does not change the fact that you are waging/betting money on an "uncertain outcome" ...
- TEntropy replied Feb 1, 2019
From your Investopedia article: Speculation: Speculation involves calculating risk and conducting research before entering a financial transaction. A speculator buys or sells assets in hopes of having a bigger potential gain than the amount he ...
- TEntropy replied Feb 1, 2019
Exactly. Everyone in this thread who has tried to say gambling is different because its based on luck, has yet to describe or show the difference between luck, chance, and a probabilistic outcome.
- TEntropy replied Jan 31, 2019
I am not saying a higher failure rate makes it gambling. I am saying the fact that the outcome is probabilistic does. It's obvious you can not see the actions you are doing for what they are so I guess we can agree to disagree.
- TEntropy replied Jan 31, 2019
LDFX, please go read the definitions that have been posted. You are the one trying to change the definition of gambling. And again, the fact that you think opening a restaurant or any business is not a gamble, shows you have no experience in doing ...
- TEntropy replied Jan 31, 2019
I am glad you have participated this long. Again, the point is to reframe how you view the decisions you make. I find it very interesting that you are extremely resistant to acknowledge how, by definition, and mathematics, you are gambling. The ...
- TEntropy replied Jan 31, 2019
I am not trying to be snarky, but again, it is mathematically impossible to have something be uncertain, and not be probabilistic. And by seeking a specific outcome on something that is probabilistic, you are, by definition, gambling...
- TEntropy replied Jan 31, 2019
Yes, death is the only certainty you could argue. And the point of this is to rethink how you frame your decisions, what you are doing, and what your overall goals in making those decisions are.
- TEntropy replied Jan 31, 2019
By definition, logic, and mathematics it does though...
- TEntropy replied Jan 31, 2019
Even with MM, you are still gambling as making a profit does not become certain simply because you use MM.