Forum: Business, Finance, and Investing
11-30-2007, 08:19 AM
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Replies: 36
Views: 1,827
Re: I Think I Have A Partial Answer
My 2 cents...
During an ethics course for cbot floor traders, there were many different scenarios thrown at you. For example, you heard the broker has a huge buy stop at 110.00. Is it ethical...
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Forum: Health and Fitness
11-26-2007, 02:54 PM
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Replies: 9
Views: 308
Re: Serving sizes (generic)
'a pints a pound the world around' is useful for water based measurements. Water, Milk, Juice, Beer, etc all are basically 1oz (wt) = 1oz volume. (cup=8oz=1/2 pound, pint=16oz=1 pound)
When I...
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Forum: Full Ring
11-25-2007, 11:20 AM
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Replies: 14
Views: 128
Re: AA - Comments please
[advice from novice NL player, wanting to play devil's advocate]
I'll say this isn't that gross. Effective stack size is $12.25, the pot $4.25. There shouldn't be any hands PF that have odds to...
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Forum: Full Ring
11-24-2007, 02:01 PM
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Replies: 11
Views: 92
Re: Look what I maneuvered myself into......
Analysis from a NL10 player..
Yeah, I can't play AQs this way. Making a $50+ pot preflop with ~$140 stacks commits you to any A/Q high flop. His pf raise sounds like QQ+ or AK, putting you way...
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Forum: Brick and Mortar
11-21-2007, 07:38 PM
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Replies: 27
Views: 304
Re: What is a Fair Rake?
I don't play blackjack too often, but at 2% edge (basic strat is 1%?), the table would have to produce $5000 worth of bets per hour to be worth $100 to the casino.
I'm sure friday/saturday night...
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Forum: Brick and Mortar
11-21-2007, 07:04 PM
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Replies: 27
Views: 304
Re: What is a Fair Rake?
I always bought into the 'loss leader' crap. Then I started thinking...
How much money does a $10 blackjack table make?
Assuming a huge 2% house edge and 6 people at the table, 80 hands per...
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Forum: High Stakes
11-20-2007, 07:29 PM
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Replies: 31
Views: 521
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Forum: Business, Finance, and Investing
10-31-2007, 09:23 AM
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Replies: 4
Views: 54
Re: Halloween effect in the stockmarket
I made a post earlier this year about the same strategy. I used the DJIA from the 40's through today. You would have been much better off investing in stocks from Oct 15th - April 15th, and t-bills...
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Forum: Business, Finance, and Investing
10-24-2007, 02:29 PM
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Replies: 4
Views: 68
Re: Turtle Trading
[ QUOTE ]
As a group the turtles averaged about 80% ROI over a 5 year period
[/ QUOTE ]
The risks taken were huge too.
[ QUOTE ]
Why didn't Dennis and Eckhardt just program computers to...
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Forum: Business, Finance, and Investing
10-19-2007, 05:06 PM
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Replies: 3
Views: 63
Re: Stop and Limit prices
You can make a the limit price anything below the stop price.
Example: You have a 62.05 stop with a 61.80 limit. If the stock hits 62.05 (or lower), you will sell down to 61.80 immediately. If...
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Forum: Business, Finance, and Investing
10-09-2007, 09:01 AM
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Replies: 218
Views: 786
Re: I DESERVE RESPECT
Meh, I have a 50k+ (real) portfolio that I all I do is find a basket (35-40) of the top 200 volatile stocks, and then work the correlations so that I try to get high risk stocks with the lowest...
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Forum: Business, Finance, and Investing
10-05-2007, 08:31 AM
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Replies: 15
Views: 141
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Forum: Business, Finance, and Investing
10-03-2007, 09:10 AM
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Replies: 12
Views: 97
Re: Why do trades occur?
Risk transfer.
If you start up a company and its now worth $10M, wouldn't it be nice to transfer some of this risk to people who can diversify? Bill Gates sold all the way up since his company...
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Forum: Probability
08-23-2007, 01:12 PM
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Replies: 8
Views: 62
Re: Call losing bets?
Ok, I guess I'm just looking at it differently.
How about this scenario:
There is a party in Las Vegas that will pay 1 in 10 people $1000. Cost to go is $90.
You figure this is +EV so you...
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Forum: Probability
08-23-2007, 11:39 AM
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Replies: 8
Views: 62
Call losing bets?
Ever have brain farts? I'm having one now.
Suppose you are on a gutshot draw to the nuts after the turn card comes. This is the only way you win.
Pot is $420
4 cards help out of 46 = 1 in...
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Forum: Business, Finance, and Investing
08-16-2007, 11:31 PM
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Replies: 9
Views: 57
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Forum: Business, Finance, and Investing
08-05-2007, 04:42 PM
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Replies: 19
Views: 93
Re: Commodity Strategy (long)
sorry for abandoning my own thread, out of town.
The exit is the next entry, so you always have a position. For example, if you are short 5 contracts, and the strategy says be long 6, you need to...
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Forum: Business, Finance, and Investing
07-30-2007, 06:40 AM
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Replies: 19
Views: 93
Re: Commodity Strategy (long)
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I haven't looked at your tables in detail, but this looks like a channel breakout system using year-wide channels.
[/ QUOTE ]
Yes, it is a simple channel breakout. I find it...
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Forum: Business, Finance, and Investing
07-29-2007, 07:23 PM
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Replies: 19
Views: 93
Commodity Strategy (long)
A simple strategy for trading commodities and financial futures. This will be misrepresented as “trend following”, but really I think it’s just a way to take advantage of the fat tails that occur in...
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Forum: Business, Finance, and Investing
07-24-2007, 02:10 PM
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Replies: 16
Views: 104
Re: buying stocks (market order vs limit order)
If you are happy with the bid/ask, just bid right into the offer for the size you want. If the size isn't there, cancel/replace for the remaining shares at a higher price (if you want to pay up.)
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Forum: Tournament Circuit/WSOP
07-20-2007, 05:51 AM
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Replies: 512
Views: 3,078
Re: \"Jesus\" advises Yang to stiff dealers?
If harrah's didn't take the tip out until prize was awarded, this thread would be 2 posts long.
Cashier: You won $8,650,000. Congratualtions!
Winnar: Thank you
Cashier: Ok, you have to tip...
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Forum: Other Other Topics
07-19-2007, 06:15 PM
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Replies: 26
Views: 114
Re: Amazon Prime - is it worth it?
I got an electric snowblower overnighted to me last August for $3.99 more. Made me feel like its worth it.
I use it often enough that I think its worth it.
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Forum: Tournament Circuit/WSOP
07-19-2007, 03:58 PM
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Replies: 512
Views: 3,078
Re: \"Jesus\" advises Yang to stiff dealers?
[ QUOTE ]
I'm actually pretty sure that given enough time, you really could teach a chimp to deal cards.
[/ QUOTE ]
Yeah, but how are you going to teach it that a flush beats a straight?
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Forum: Tournament Circuit/WSOP
07-19-2007, 02:24 PM
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Replies: 512
Views: 3,078
Re: \"Jesus\" advises Yang to stiff dealers?
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The fact is, 1.8% gets withheld from the prize pool for tips. Now, you're right, part of that goes to the dealers and part of that goes to the staff. What you're missing is that, from the...
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Forum: Other Other Topics
07-17-2007, 09:04 AM
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Replies: 22
Views: 282
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