Entries by lbernut

Are forex signals useful in making profits?

This question originally appeared on Quora   This great question has done a remarkable job at baiting scam-artists. Whoever answered “Yes”, followed by a link to some website is a scam-artist The one-eyed scam-artist leading the blind Everyone wants to gain this mysterious esoteric called trading edge. Well, trading edge is not a story, it […]

How do I get better at trading?

How do I get better at trading? by Laurent Bernut Answer by Laurent Bernut: “Hope is a mistake”, Mad Max, post apocalyptic road poet. 3 declinations of the same principles: process A. Trading edge is not a pretty story , trading edge is a number Every strategy ever traded boils down to this formula: Gain expectancy […]

Should naked short selling be illegal?

Should naked short selling be illegal? by Laurent Bernut Answer by Laurent Bernut: Let’s leave the adorable legal answers from “investors” aside for one minute and let’s think about what would happen if naked short selling was legal A. Price discovery and price equilibrium Many issues are un-shortable because there is no borrow available. It […]

How do short traders better our economy?

How do short traders better our economy? by Laurent Bernut Answer by Laurent Bernut: I was a dedicated short seller with Fidelity for 8 years, a bottom Long Only house. I was working alongside Long Only managers. I was often told that having me alongside was a healthy reality check Plea for the short sellersShort […]

Is short selling bad for your psyche?

Is short selling bad for your psyche? by Laurent Bernut Answer by Laurent Bernut: “Lo que no mata engorda”, what does not kill you makes you fat. Bob Baerker, a respected short-seller, sums it well. You are probably alluding to the good and evil battle between the righteous short seller who perceives wrong, the arrogant […]

What is the future of Algorithmic Trading?

What is the future of Algorithmic Trading? by Laurent Bernut Answer by Laurent Bernut: If investment is a process, then automation is the natural conclusion. “He, who controls the past controls the future”, George Orwell. Before attempting to guess and inevitably fail what the future holds in store for us, let’s take a step back […]