In response to my earlier post The Truth About Trading, the following is a guest article written by my friend Andrew, who has been working in the retail forex market for over 25 years. We look forward to his future contributions further exposing the retail forex market for what it really is. Feel free to […]
Tag: money
(The following is an interview with Lee Evans of baccarat.leeware.com, where you can find his free e-book, “Playing the Empire for Fun and for Profit: A Gamblers Guide to Baccarat.” Lee and I first met in the comments section of my earlier post, “Why Any Progression Must Fail for Negative Expectancy Games In the Long […]
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Higgs and the Religion of Big Science
Early this morning, particle physicists at the Large Hadron Collider (LHC) made a big announcement regarding their results in the search for the Higgs boson, one of the missing pieces of the Standard Model of particle physics. However, the best that LHC could officially say is they have discovered a particle that is consistent with […]
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Optmia Trading Bot, January to June 2012
To illustrate some important features and behaviors of an automated trading strategy, results of the Optmia trading bot, which I had helped to develop, is presented below. The dates of active trading the EURUSD are January 1, 2012 to June 29, 2012. Balance/Equity vs. Trade Number (Balance = blue; Equity = green) Statistical Summary Initial […]
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The Truth About Trading
My friend called me up this morning to ask me about commodities trading. Awhile back, I had responded to a commenter at ImSpirit to say that I could write volumes about trading, and I think it may be time to start, since the baccarat theme has pretty much been exhausted, at least from the standpoint […]
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Creative Cons
A recent study by Professor Francesca Gino of Harvard Business School found that creative thinkers are also more prone to cheating, as well as rationalizing away their behavior. In her study with co-author Dan Ariely, “The Dark Side of Creativity: Original Thinkers Can Be More Dishonest,” to be published in 2012 in the Journal of Personality […]
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Baccarat Advantage: A Bogus Black Box
A friend sent me a computer application Baccarat Advantage (baccaratadvantage.com), a black box which outputs bet placement instructions based on inputted Banker and Player hand total values. The creator of Baccarat Advantage calls himself “Dr. Jacob Steinberg,” and claims to have achieved a positive expectation after running 1 million live shoes through his program. Because […]
Results from Baccarat Simulations Series 31 are presented below. In this series, I entered sets of 12,100; 4,100; and 2,100 shoes (each set varying in B/P compositions) into the black-box Baccarat Advantage application and analyzed the results. Read a full discussion of these results at the following post: Baccarat Advantage: A Bogus Black Box. Set […]
My friend pointed out to me a couple of threads at BaccaratForums by a member stevefoxwong who claimed to have tested two methods which won both Zumma sets of shoes. Based on his results, stevefoxwong proclaimed them as “holy grails.” One of the methods is by “Harvard educated” Zuan Xin and his successor and classmate, […]
Results from Baccarat Simulations Series 30 are presented below. In this series, I examined a core test of Zuan Xin’s Baccarat Great Learning method. For a discussion of the results, please refer to the post Does A Harvard Education Help You Win Baccarat? Wait 1s Ratio Threshold Player’s Advantage Net Score Total Bets 5 25% […]
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