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Quants can only do so much with just numbers. At some point you have to have a directional bias as that is the ONLY edge in trading. And yes, no direction is still a direction. Statistically you can measure or project how far price can move based on its history. For instance, the last time all...

OMG have you ever heard of a measured move? Do you even chart at all? How are you going to calculate the probability of a return if you can't calculate the probability of a price level? Quants take into account trend so they are quite capable of projecting into the future...they aren't just...

The historical prices are where you get the probabilities for future price movements. It's like sports betting odds lol. There are methods of predicting future price levels based on previous data. It's the only data we have to make such predictions. The entire quant trading industry is built on...

No I do not drive my (2008) Lambo by only looking at the rear view mirror. :) Anyway, what are you talking about? I have just described how the chart can essentially project the future.

Volatility is determined by the chart. Earnings reports can align with an extension wave and give the illusion that they affected price but they do not affect the price.

Founders???? lol. Maybe understand what actually happened. Bitcoin was not involved in a fraud. An exchange was. The only people that were affected were the people that entrusted their bitcoin to them. This would be like saying all fiat money is a fraud because some US banks are failing lol. The...

Not at all. Price is determined...therefore earnings reports have no affect on the actual movement of price. If you want to get technical, earnings reports, news, government policies will facilitate the pre-determination that is being reflected in the chart. So if you really want to extrapolate...

There are other ways to protect a position. Stop losses are actually the worst form of protection as far as negative affect on pnl. They did a study on the s&p over the span of a decade I think. I can't find the article anymore but I posted it before. Best to worst: Hedging with futures...

Just like the last time you guys are oblivious to the ridiculous logic of the video...you get hunkered down by irrelevant scenarios. THE VIDEO is claiming that the price is ACTUALLY hindered by math! That's it. Black scholes doesn't take into account the probability of price having to go back...

There's no such thing as fundamentals in trading. TA is everything and Elliot wave is the big picture... everything else is just snap shots.

There is no hindsight here lol. You are saying that the stock market has a long bias and climbs slower than it drops...the video is not addressing this charactertic...the video is trying to say that the recovery back to $10 is hindered by math! How do you guys not see the problem with the logic...

Guys...this isn't about averaging down...it's just plain wrong to think that a stock has a harder time going from $5 to $10 than going from $10 to $5 dollars lol. MARA and CLSK do this every week! Ever heard of a trading range or a channel? Price does this with regularity.

The premise and the conclusion in the video is ridiculously wrong.

I'm on my phone and not proof reading the obvious lol. If you can't figure out I was referring to the risk-free rate (which wasn't even crucial to the point I was making) then that explains why you don't have a Lambo. :)

how stupidly misinformed it is lol. I hope you guys have learned something since we last discussed the topic. I will start this out by saying that it is just as easy for a stock to go from $5 to $10 as it was to go from $10 to $5.. mathematical percentages are not probabilities. Probability is...

You've never heard of the risk free rate? Let me ponder your ignorance when it comes to bitcoin while I go for a cruise in my Lambo. :)

Cropped out.

Just google image search the photo to see that its an original. :)

I paid about 136k lol.

What if I sent a picture of me, and then a picture of my gf? :)