The Mudcat Café TM
Thread #165439   Message #3968407
Posted By: Mr Red
26-Dec-18 - 05:20 PM
Thread Name: BS: Any catters into day trading?
Subject: RE: BS: Any catters into day trading?
betting on the future using experience of the past is like betting on roulette with the Martindale** system. One day a sequence that history did not teach you about will happen. And because you didn't read the signs, you got out 0.001 seconds too late.

BTW there is an "hotel" in NYC with basement to rooftop computers - prime realestate for digital trading because it is near to the exchanges. That 0.0001 seconds it gains over server farms down the street in NYC gives them a better profit margin. And they are re-installing microwave links to compete with fibre from Chicago-NY (eg) because of the 0.001 seconds it gains.




** you bet on red or odd all the time, doubling the stake after each loss. Usually you can win the original stake................. Provided the run is shorter than your float. And you don't hit the bank limit. And anyway the odds are not 50% because of 0 (& 00 as well in the US). Please don't quote the old chestnut about the probability is always 50%. This is a bet on a sequence not a single shot. And a sequence can still bankrupt you if you try it long enough. And experienced croupiers are employed because they are experienced!!!! And computer traders have experience and algorithms!