![]() ![]() He is a smart man, a former lawyer, and has been following stocks for years, but I feel that he may be overestimating himself here. The problem is he feels he is at a great advantage, citing his ability to read a bunch of charts, follow news, etc. I am also a professional online poker player by trade so I have an extensive understanding of probability, the online gambling markets, and how these sites work. "I've proven to him that, mathematically, the site has an edge and you must be right 55% of the time in order for your bet to have a neutral expected value. The basic premise for the site he uses is at a specific time, say 1:25 p.m., you can put down perhaps $100 that XYZ stock will either increase or decrease in price within five minutes - by 1:30 p.m. "My dad has recently gotten involved with trading binary options online. ![]() I was alerted to this phenomenon by a reader who sent me this email: ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |