Probability is a measure of our OWN ignorance and is subjective

[Blueline]

Anything that ever existed must depend on something else.....so to say probability "DOES NOT EXIST" is an extreme view. The correct answer should be it is neither "exist" or "does not exist" because it is not real.....more like an illusion.

Your later video on "TIME" illustrates this point too. Time itself has 3 times happening together. That is the "past", "present" and "future". Yet we are only conscious of what appears to be one time "present". This means we are restricted or bounded within it. But that doesn't mean there is no "past" and "future". We, our minds "perceive" and also "creates" in the present moment. If one can elevate ones mind beyond the boundary, the past/future can be seen.

So in life, our "existence", just like "probability" is an extreme view of something that we see as "real" or "true" is nothing more than an illusion.....because of this, if we express it as "exist", we're expressing based within a limitation/boundary, which is our own ignorance (our view).

It is only "subjective" because ignorance can be removed by oneself.

 

[Nine_Ender]

Nitro posts a lot of really stupid theory on this site and is probably not very bright. Of course probabilities are real. Next topic.

 

[nitro]

...Fractal theory seemed promising 20 years ago, but that field of research has yet to provide something workable to the financial community.

The FMH has been very useful. It may not be useful to a trader directly, but it is very beneficial from a theoretical point of view. For example, the simplest statement the FMH makes is that a stable market consists of traders/investors at all possible time horizons.

If you think it through, this is correct, and important. Does it help you make money at the very shortest possible time frames? Well, sort of! It is probably implicit in your trading methodology without you realizing that it is buried in there.

All trading assumes the greater fool theory, regardless of time frame. The asymmetry is broken between trading and investing because investors rarely go short.