Quote from 4DTrader:
I don't want to discourage you from conducting polls (none of my business), but the defects of your polls must be exposed so that traders reading your poll results won't be misled. So what I am going to say is not against you, but to serve the traders involved.
This is really not necessary. You should see most of the rest of the polls. At least I try to be comprehensive and use clear questions that affect many traders with a comprehensive list of answers that try to capture the alternatives.
For a survey sample's result (e.g. "most of the successful traders tend to gravitate towards price action") to be valid (i.e., generalizable to the population), certain criteria must be met:
1. sample is randomly selected
Everyone in ET has the right to participate.
2. sample is NOT self-selected
This is not a medical study.
3. every member of the trading population has an equal opportunity of being selected
Everyone in ET has the right to participate.
4. sample has a large enough size
This is a poll, not a medical study. It seeks opinions. You seek double-blind methodologies and statistical validations. Some reach large sizes. Some wither. Such is the nature of polls.
Otherwise, the results of your survey are invalid.
No, it is not.
I am still puzzled at your conclusion of "most of the successful traders." Your poll never asked the filter question of "Are you a successful trader? If yes, proceed to answer the following question."
ET does not really allow this kind of functionality, so whatever.
How do you know the respondents are successful traders?
Many people lie. When you achieve divinity, come back and illuminate us how to solve these problems
