Search results

LOL - okay, I mean "normally" when I used to work in the gaming industry. Obviously their terminology was a little different at the time, including the return of the bet in the first figure. GP

That would normally be expressed as 2:1, meaning your original money back plus the same again as profit. 1:1 usually means just your original money back. GP

True, but there are usually multiple dips for every trend change (in a stock that has a tendency to trend), so, all other considerations aside, the probability of it being a dip is higher than it being a trend change. And we're only talking probabilities here. The comment was related to...

I don't agree. I think the highest probability over the longer term is in the direction of the primary trend over that same period. If the price has risen 20% in an uptrend, I think it has more chance of going up another 20% than down 20%, unless the trend comes to an end. Similarly, if the...

A few comments: This is confusing short-term trading with forecasting. Successful short-term traders (and there are some) don't make money by trying to forecast what's going to go up over the next 6-12 months. And quite a few of them are also dead. Not much fun being ahead posthumously. A bit...