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Crescent Point Energy Corp T.CPG

Alternate Symbol(s):  CPG

Crescent Point Energy Corp. is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:CPG - Post by User

Comment by Vinnie3on Dec 06, 2022 8:50pm
165 Views
Post# 35154987

RE:Do the opposite?

RE:Do the opposite?I like Moe's theory.

Pursue the logic - if 95% of traders lose a lot then what if they had traded exactly the opposite of what they decided? when they have won 95% of the time?

The answer is no . 

Here is why, Spoofing is like putting magnets with phony buy and sell orders across a big range upwards and downwards. As the algos sweep up and down they always get you as a day trader.That is
why your stop osses are almost alway triggered.

But if you dont buy and sell daily, the statistical law of great numbers will bring you close to the mean. That is why deviations from the mean by expert trading houses are always close like 5-10% from the mean.However the more you trade the more you get caught with bigger losses because of that sweeping. Its a casino - certainty is the law !

That's why.


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