Binary Options Trading...

[Shoey]

Feels like this should be posted in the punters board



has anyone heard of this? A mate told me about it and said it worked for him. Seems way to good to be true. Hoping someone could shed some light on their experiences with it

 

[checkraiseulite]

seems legit.

 

[George Washington]

Just watched the first 2 minutes.

"There is a higher probability of an asset continuing its current direction"

nopenopenopenopenopenopenopenopenope

If this were true the big IB's would be arbitraging the shit out of it until there is no edge.

Once you take out the brokers cut I imagine you'd have a better edge at a roulette table.

 

[Shoey]

Just watched the first 2 minutes.

"There is a higher probability of an asset continuing its current direction"

nopenopenopenopenopenopenopenopenope

If this were true the big IB's would be arbitraging the shit out of it until there is no edge.

Once you take out the brokers cut I imagine you'd have a better edge at a roulette table.

Thats exactly what i thought,

 

[the harry]

Thats exactly what i thought,

They can follow momentum for a short period, but generally everything follows a random walk (previous movements have no impact on future movements) and nearly everything will be mean reverting.

 

[Chief]

They can follow momentum for a short period, but generally everything follows a random walk (previous movements have no impact on future movements) and nearly everything will be mean reverting.

Until it isn't. But you can't predict it, up or down.

In my limited experience and reading the way to beat the market is to have inside knowledge, have such a large influence that you win no matter what, or be so good at finding value you just out-wait everyone else. Or luck.

 

[the harry]

Until it isn't. But you can't predict it, up or down.

In my limited experience and reading the way to beat the market is to have inside knowledge, have such a large influence that you win no matter what, or be so good at finding value you just out-wait everyone else. Or luck.

Until it isn't mean reverting? Nothing will grow at a constantly high rate forever.

But yes, the inability to predict is the random walk theory. The future movements are determined by future events which are unknown at this time, for if they were known they would already be priced in (wordy theory, but makes a lot of sense).

You've learnt as much in your limited experience than I did in my masters . The best way for those people who want to purchase their own stock (instead of index of managed funds) is to be defensive and look for value, ones with very limited downside because they are already cheap (this doesn't mean shares that are 1 or 2 cents, because they can just be delisted of the exchange, it means companies with low price-to-earnings and price-to-book multiples).

Inside knowledge is in many cases illegal (although almost impossible to prevent) but it also is very impractical because it doesn't last very long at all or cover that many instances. Also there is a tendency for people to value tips or private recommendations higher than they should, which often leads to losing money.

It's all great fun though.

 

[Chief]

Until it isn't mean reverting? Nothing will grow at a constantly high rate forever.

Until something actually does, or 'forever' only needs to be long enough to drive everyone broke.

 

[the harry]

Until something actually does, or 'forever' only needs to be long enough to drive everyone broke.

How do people go broke if the stock goes up?