9:35AM, May 05, Who Is Shorting NDX

xflat2186 · May 5, 2008

Quote from riskfreetrading:

Silent readers,

If you wonder whether I have tools or how did I come up with my tools. Read the following books (the originals, not what others told you about the original content):

1. Isaac Netwon's Principia
2. Laplace's book
3. A book by a great mathematician of 800 century (AlKhawarizmi, from Persia/Irak)
4. Bachelier
5. A paper by a british nobel laureate in physics on the topic of kinematic waves.

Good luck everybody.

Silent readers? Oh you mean those 40 million a day whom you call "your readers"

MAESTRO · May 5, 2008

Quote from Thunderdog:

I think it goes beyond the notion of joint probability. Even first order specificity in an environment of uncertainty is likely to be met with an unhappy outcome. The joint probabilities only make it more so. I think that the further out you go with a specific time/price prediction, the more likely that you are to be wrong, all else being equal.

That is another valid point. The longer time frame the greater the probability for any prediction to be neither right nor wrong i.e. to be = 0. So, the longer time frame you choose the less chances you have to make money, unless your bets are non-directional (i.e. time decay).

riskfreetrading · May 5, 2008

Quote from rewtree34:

Maestro can you please make a brief comment on the following quote, since you are psychologist

Is he? psychologists learn about causality vs. correlation in psychology 101. If they did not, they should be sent back to school. There are also psychologists who graduate with F grades, and it can show later in life.

Thunderdog · May 5, 2008

Quote from MAESTRO:

That is another valid point. The longer time frame the greater the probability for any prediction to be neither right nor wrong i.e. to be = 0. So, the longer time frame you choose the less chances you have to make money, unless your bets are non-directional (i.e. time decay).

That's not exactly the point I was trying to make, but who am I to argue with a man of screens?

commiebat · May 5, 2008

Quote from xflat2186:

Silent readers? Oh you mean those 40 million a day whom you call "your readers"

As long as they stay silent, it's risk-free for him to claim that they hang on his every word.

MAESTRO · May 5, 2008

Quote from rewtree34:

Maestro can you please make a brief comment on the following quote, since you are psychologist

Sure I can. Urge to express in the anticipation of a thrill being heard and being relevant. Exultation is one of the forms of insecurity. However, it is no different than collecting stamps or playing a guitar. The way people express themselves is irrelevant to their desire not to be isolated. Itâs really simple, isnât it? Did you ask yourself a question why did you post this remark? Because this form of expression is foreign to you therefore you reject it and you want an assurance that you are right about that.

MAESTRO · May 5, 2008

Quote from riskfreetrading:

Is he? psychologists learn about causality vs. correlation in psychology 101. If they did not, they should be sent back to school. There are also psychologists who graduate with F grades, and it can show later in life.

I was simply unsure of what do you think causality is in relation to trading. That's all. But, of course, I might have missed the obvious. I apologize.

MAESTRO · May 5, 2008

Quote from rewtree34:

LOL

sometimes I want to argue with maestro cause it seems he is wrong

but then I think of the screens and go

I better not

I do not recall me putting anybody down here on ET while arguing. So, please argue, chime in! I would love to here your opinion. It does not matter how many screens I have (its about 250 by now

) I could still be wrong! I will be the first to admit it. So fire away!

MAESTRO · May 5, 2008

Quote from Thunderdog:

That's not exactly the point I was trying to make, but who am I to argue with a man of screens?

Ok, I could have missed the point. But isn't it true that the longer the time frame the less chances one has to be right?

Thunderdog · May 5, 2008

Quote from MAESTRO:

I do not recall me putting anybody down here on ET while arguing. So, please argue, chime in! I would love to here your opinion. It does not matter how many screens I have (its about 250 by now ) I could still be wrong! I will be the first to admit it. So fire away!

Don't believe it for a moment, rewtree34! Each screen represents the bagged soul of someone who engaged in a mathematical argument with MAESTRO.