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A message to some day traders.
- Thread starter Amahrix
- Start date
Did you not read the first 3 paragraphs?
It highlights the fact that given a fair population size, with fair chances for everybody, with the same starting point, and same probabilities, you’ll have, as in that example, 313 traders/managers outperforming for 5 years based on pure luck...
Don’t make it more complicated than it needs to be
The only fact here is that its possible to construct an experiment that has random outcomes due to random inputs. That does not support the conclusion that all inputs are random in all groups, nor all outcomes.
The only fact here is that its possible to construct an experiment that has random outcomes due to random inputs. That does not support the conclusion that all inputs are random in all groups, nor all outcomes.
I want to know @tomorton Do you believe Data is randomly constructed or has a precise intended message (such as the confirmatory signals TA traders use on 15 min candles)?
Its good to be curious in life.
There’s no curiosity in yours. Your data tells you about the future, right............? What do you know about curiosity?
There’s no curiosity in yours. Your data tells you everything about the future, right............?
No, only enough and only for long enough to make a profit. The game is to make money, not to know most.
The game is to survive, not make money. You end up making money because you.....uhhhh survived.No, only enough and only for long enough to make a profit. The game is to make money, not to know most.
“In order to win, you must first survive” - Classic Buffett quote a ninth grader can tell you.
The game is to survive, not make money. You end up making money because you.....uhhhh survived.
“In order to win, you must first survive” - Classic Buffett quote a ninth grader can tell you.
Buffett wasn't a trader. I never pay any attention to him when it comes to trading.
The only point of playing the game is to win. Participation isn't mandatory.
Buffett wasn't a trader. I never pay any attention to him when it comes to trading.
The only point of playing the game is to win. Participation isn't mandatory.
The first rule in trading is to survive for me.
The first rule in trading in your book is to make profit.
Who’s going to be around in 10 years? We have different priorities.