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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (61672)	10/31/2000 5:04:21 PM
From: John Carson	Read Replies (1) \| Respond to of 99985

Ahhaha, Two questions. Were you long or short today and did you make any money? How do you make a bet on a random walk, straddle, box? Just trying to understand another viewpoint and if one can make money having it. Thanks

To: ahhaha who wrote (61672)	10/31/2000 5:09:21 PM
From: Casaubon	Respond to of 99985

<What will you do if you're wrong? lose money...

To: ahhaha who wrote (61672)	10/31/2000 5:10:51 PM
From: Casaubon	Respond to of 99985

What will you do if you're wrong? lose money... What will you prove if you're right? look for the next opportunity to lose money<ggg> The problem with your logic is I can't be right unless we do some statistical study. So, I won't defend my analysis. Everyone trades. Whenever someone buys a stock they are trading. I agree most do it poorly. That does not mean it can't be done. As soon as a stock is purchased, it becomes a "timed trade". Over some time you expect your trade to be profitable or you would not have initiated the transaction. The longer one holds a position the more likely it will be worth more than the purchase price. The question becomes one of return per unit time. To optimize this number some form of money management must be employed or you might as well buy bonds.