Does Probability exist?

i am nobody said:
With the arguments you post nobody can take you serious any more.
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You're assuming that anyone ever did.

Other than an exaggerated sense of self-importance (witness his self-congratulatory egofest threads), there's nothing to distinguish him from his followers, few though they may be, except for the possibility that some of them are actually nice though easily misled people.
 
i am nobody said:
Can you tell me how you know that I am a loser in real life? Am I male or female? Where do I live? How old am I? How long do I trade? Did you see my statements?
On all these questions your answer should be NO. But it would not surprise that you would answer YES.
With the arguments you post nobody can take you serious any more.
You are not market surfer, you are the market smurf.

the-smurfs.jpg
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The funniest tbing is that i don't include you in the parrotbot teacher category. However you thought i was refering to you--- you are somewhat original actually. surf
 
marketsurfer said:
I ask, what does actually exist outside of the human mind?
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some authoritative opinion (Max Planck): ;)

"As a man who has devoted his whole life to the most clear headed science, to the study of matter, I can tell you as a result of my research about atoms this much: There is no matter as such. All matter originates and exists only by virtue of a force which brings the particle of an atom to vibration and holds this most minute solar system of the atom together. We must assume behind this force the existence of a conscious and intelligent mind. This mind is the matrix of all matter."
 
Does Probability exist?

Yes

One example - it how insurance companies set premiums for the various age groups

But I suspect this question geared more toward trading

Sooooo......

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As it utmost important to get / remain on the side of the mkt

So to is it important to get / remain on the side of probability


And as the mkt never static..., neither are the probabilities

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Uncertainty & evolution - to most - are a pure D bitch - LOL

RN
 
fullautotrading said:
some authoritative opinion (Max Planck): ;)

"As a man who has devoted his whole life to the most clear headed science, to the study of matter, I can tell you as a result of my research about atoms this much: There is no matter as such. All matter originates and exists only by virtue of a force which brings the particle of an atom to vibration and holds this most minute solar system of the atom together. We must assume behind this force the existence of a conscious and intelligent mind. This mind is the matrix of all matter."
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I tend to agree with this-- its the only thing that makes sense.
 
fullautotrading said:
some authoritative opinion (Max Planck): ;)

"As a man who has devoted his whole life to the most clear headed science, to the study of matter, I can tell you as a result of my research about atoms this much: There is no matter as such. All matter originates and exists only by virtue of a force which brings the particle of an atom to vibration and holds this most minute solar system of the atom together. We must assume behind this force the existence of a conscious and intelligent mind. This mind is the matrix of all matter."
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As a clear headed scientist : are you saying that in a certain way you believe in God ? This God existing before any human being existed, and obviously not man made?
 
A very very long time ago when I was still studying, we had to solve the next question: can you proof mathematically that the results of every draw of any lottery is honest? Or in other words that the figures that come out are random and not manipulated?

As I said it was a very very long time ago. But I still remember that we were able to calculate with (I think) 96% certainty that the lottery was honest and the draws were random.

To me this means that if the results from trading would be analyzed it would be possible too to calculate if these results are random or not? If the result would be that they are not random it would mean that probability exists.

If according to famous scientist probability does not exist, this would put a part of the world upside down, wouldn't it?

Let's take a hypothetical example. Hypothetical means that we assume that this hypothesis happened, so we will not discuss if this is possible or not. So if the following would happen what would be the conclusion?
  • Serie of 1000 trades.
  • Winning trades: 70%
  • Losing trades: 30%
  • Average profit per winning trade: 6 points
  • Average loss per losing trade: 1.5 points
Total: 700 trades * 6 points - 300 trades * 1.5 points
So total would be: 4200 points profit and 450 points losses.
In other words: 10.71% of the profits will be given back in losing trades.

Without the existence of probability, how would be the distribution of profits and losses? And what would be the ratio between winning and losing trades?
 
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