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Jul 25, 2012 at 7:47 comment added Chris Taylor "There are people who make a killing trading ... bollinger bands, and there are on the other hand 1000s of others who lose money day in day out." -- I feel obliged to point out that if you get thousands of people to trade a strategy, and they all implement it slightly differently, then you expect some of them to make great profits through chance alone. Even if the strategy has negative expectation overall. That doesn't mean that they're great traders or that they are smarter, or put in more work. It means they got lucky.
Jul 11, 2012 at 3:31 history edited Matt Wolf CC BY-SA 3.0
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Jul 11, 2012 at 3:25 history answered Matt Wolf CC BY-SA 3.0