Fail this question you should give up trading

[Lamont_C]

It isn't that everyone is so puzzled as that the question is incomplete, which suggests that he heard it somewhere but didn't remember all the conditions, much like the person who tells a joke he heard but leaves out everything that makes the punchline funny.

The "obvious" answer appears to be one thing, but it depends on a number of things which whozis fails to mention. The answer could also be something else entirely.

Contrast this with Thunderdog's problem, which tells you everything you need to know. Whereas Thunderdog is presenting a puzzle, Whozis is playing Gotcha!

 

[eagle]

Yes, an eagle can easily reach this speed. But I don't think the bird in question is eagle since eagles are not stupid enough to get involved in this dangerous racing. LOL.

Quote from jackbyrd:

I was so gripped with fear at the thought of a 60mph flying bird, that I could not take the question seriously.

 

[stktrdr]

I'm not sure about the correlation between trading ability and intelligence/problem solving skills.

However, in my many years I have notices an uncanny correlation between trading ability and capacity for copious amounts of beer...

That's why before we hire new traders the desk will take him/her out on the town to ensure they are a party animal.

No prissy MBA types on our desk!

Dammit! We have a reputation to uphold

 

[bolter]

Without knowing the distance between the cars at the start it is not possible to answer the question.

 

[faure]

Quote from bolter:

Without knowing the distance between the cars at the start it is not possible to answer the question.

It does not matter how far apart the cars are, provided they do not crash. It does not matter that the two cars are travelling at all, because if the bird flies for one hour at 60mph it is going to travel 60 miles. It's a pretty basic question, really. And yes there are birds that can fly a lot faster than 60mph.

Interesting to see some people got angry with the originator of this thread because they couldn't understand the question. I think I've given the members of this site waaaay too much credit. It seems the greater percentage of people on this site are actually pretty stupid.

 

[ElectricSavant]

stktrdr,

I am liking your place more and more...


No prissy MBA types on our desk!

 

[waterboy]

The question is not very clear to me....

so, my answer is going to be....

maybe one of us should give up trading

 

[bolter]

faure,

Right - it's case of not reading too much into the question (my mistake), and ignoring the extraneous information. The answer is 60 miles, because the bird was flying at 60mph. Pretty simple really.

 

[JimmyJam]

Quote from faure:

It does not matter how far apart the cars are, provided they do not crash. It does not matter that the two cars are travelling at all, because if the bird flies for one hour at 60mph it is going to travel 60 miles. It's a pretty basic question, really. And yes there are birds that can fly a lot faster than 60mph.

Interesting to see some people got angry with the originator of this thread because they couldn't understand the question. I think I've given the members of this site waaaay too much credit. It seems the greater percentage of people on this site are actually pretty stupid.

Ah contraire my new friend.

There are some amazingly talented traders on this board, who are more than willing to share freely of their information and talent - Bolter happens to be one of them (his Market Profile thread was a joy to read, a pity he choose to close it early - well, early for me ), as are a few others who have responded with wit and whimsy to WSY's question.

The board choose to take it light and blow off steam, or couldn't figure out the trick question, or whatever, so fine, that doesn't make them (or me) even remotely, uh as you say, stupid.

... on a more positive note.

We see the answer to the question was actually well, pretty simple once it was pointed out, however the simplicity of the answer was obfuscated by the extraneous information.

So the real question (seeing as how it's a board on trading) is how can we apply this lesson to the markets, to make us more profitable traders?

What information in the market are we allowing to "get in or way", which keeps us from clearly seeing how the markets work for our trading style?.

Best Regards,

Jimmy

 

[ethos]

Quote from bolter:

Without knowing the distance between the cars at the start it is not possible to answer the question.

Just answer with a formula:
60 miles if cars start at least 100 miles away from each other. Otherwise N% of the 60 miles where N is the distance (in miles) between the cars when they start.