Reality based coin-tosser method that beats 95% of traders in the world.

[Whisky]

Quote from jack hershey:

I will bow out of this thread as you suggest, since I am full of shit.

I don't know if you are full of shit or not, but since it is so much work to try to decipher what you post, you'll have to forgive me for going with the odds that you belong in the default 95% losers category. In which case I refer you to the first post of this thread for a lesser losing method.

If you ever manage to simplify your statements, and have something semi-objective to contribute (like the above semi-understandable 8 year old method), you will be welcomed back.

 

[crash n burn]

Quote from jack hershey:

Thank you for your comments. I appreciate them.

The two sides of things always created an intense interest for me. The coin part is not too significant but the binary logic is where it is really at. So stats do not appeal to me but logic does. Now that programming and PC have come into the picture, the playing field has gotten to be terrific.

I guess I was introducing too many things in a short time. Sorry. Suffice to say the RTH's and non RTH's have no common characterisitcs overlap in their evaluation. Non RTH's is what creates gaps relative to just RTH price segments which are adjacent.

It is surprizing how this phenomena is handled with respect to logic based trading systems.

In the 8 year old flipper game, I introduced another phenomena. The three price move pattern (I also broke it into two parts to achieve a further bias). This pattern applies to news as well, so there is a news trading advantage too.

I will bow out of this thread as you suggest, since I am full of shit.

this is what i call random shit.

 

[jack hershey]

Quote from Random.Capital:

Did anybody else have Jack Hershey spontaneously come off of their ignore lists, or am I just having a senior moment?

As you know I have sevral programming adjuncts to the ET server system. One is my early detection of posts related to me. As has happened I post reponses to them (Magna and Don Bright for example) even though they have been deleted.

I also can select a member who has me on ignore and remove the ignore status if something in my automated profile of him has a corrolation of greater than 83.78% to four significant figures. I do this when a post I make is pertinent to his profile. I checked my correlation log which has little activity in third quarter reporting periods. My hacking appearatus, mistakenly removed me from your ignore list; I am back on ignore on your list.

Sorry.

 

[jack hershey]

Quote from crash n burn:

this is what i call random shit.

If you let it mature for a while; you will discover that it is a good place to plant some seeds in.

The reason for monitoring adjacent fractals (as defined by a faster fractal allowing one level of finer observation to come into view) is embedded in the single principle used in the eight year old game. Adjacent fractals show the market bias for the next faster trading fractal.

To flip a coin (50-50) to trade only dominant fractals is a logic based deduction and NOT an induction based odds gaming situation.

I have no personal interest in whether anyone understands the facts and ideas I have presented. Of course, everyone wants to help others, that is de facto too. Horses do not drink water at every opportunity they are given. there is a person in ET who often comments to others. He is of the persuasion that two major trading modi are possible. Detecting which to use at any time, is one of his interests. Trending is one and reversion to the mean is the other for him. The eight year old game does just that.

The eight year old game makes a second point, too: it says that a person can always be trading the ensuing price movement for profits under certainty instead of flipping a coin. Here certainty means a condition determined using a wholly deductive system that has a granularity as fine as the rules and price tic gradient level of any market anywhere that has a minimum liquidity. OTR bars behave with certainty just as every slower fractal does (a logic proviso is that all market variables have to be used) Under those conditions trading at more than five times the market capacity is a limiting factor.

 

[Jacob Fries]

Quote from oraclewizard77:

No, I have a 65% win ratio on a even risk vs reward system for day trading futures. For longer term investments I buy biotech.

65% is just above half, after slippage and expenses. No thanks, I do better than that without a guru.

 

[oraclewizard77]

Quote from Jacob Fries:

65% is just above half, after slippage and expenses. No thanks, I do better than that without a guru.

I am not claiming to be a guru. I am not starting any threads telling people how to trade. Obviously, you another person like the admin here who does not know how to trade. There is very little slippage and commissions if you go with a future broker like Mirus, plus you only need $ 500 to trade per contract for normal market hours.

I doubt you trade futures.

 

[Whisky]

Quote from oraclewizard77:

Bought 10,000 shares of another stock waiting for approval. Looking for 3 - 4 points of profit or $ 30,000 - $ 40,000. Possible approval sometime in 2010.

Scalped today made $ 50 real, $ 150 sim.

Once I get more consistent on es or ym trading, plan is to increase the number of contracts.

Also, looking to maybe try a hedge strategy instead of using a stop by being short in for example ym while I am long es, and get out end of day. I will work on this strategy next week. I am not talking about entering both orders simultaneously but for example taking the trade where I would normally have a stop and see what happens.

Quote from oraclewizard77:

No live trades today. In a stock account that I manage, my double up of adding 2,000 more shares at $ 1.34 of NEPH is starting to pay off with the stock at $ 1.70 and over due for FDA decision. Goal is to make $ 4,000 to $ 8,000 profit on this trade real money and take 1/2 out for living expenses or add all profit to another stock that I think will double in a few months.

Quote from oraclewizard77:

Tried a different room today, better results, but i did not take one of their trades due to same fear of giving back a profitable day.

Switched back to sim for my own trades. Trying to notice what is similar to my own winning trades vs their winning trades.

Using room, just to build up the courage to stay in trades longer. Once I have positive results for my own trades on sim for the next month, will go back to just trading my own signals with real money.

I have learned some things from these rooms that has helped with my trading setup documentation on when to take and avoid trades.

65% 1:1 uh?. A full 30% edge and you make the above posts uh?.

Another delusional asshole internet millionaire liar. Bye-Bye. You'll be missed.

LMAZO

 

[oraclewizard77]

Currently I am putting the finishing touches to my current future system. Here is a revenue report from C2 from a previous system. Names and e-mails from subscribers were taken out to protect their privacy.

 

[MandelbrotSet]

Thanks for the fascinating thread on the concept of binomial distribution, presented in a fun, "real-life" fashion Whisky.

Despite the usual suspects presenting their asinine though processes for all to see, the thread maintains itself at a high conceptual level, and perhaps these links can add to process.

Coin Tossing - Probability Theory
Coin Tossing - Probability Table
Coin Tossing - Probability Simulator

Good trading

 

[MandelbrotSet]

Quote from oraclewizard77:

I am not the retard here who is trying to get help with a non working coin flipping system. I already know how to trade. However, I don't mind trying to learn new things from other real traders, whiskey not being one, by doing room trials, reading ET, etc.

The OP is not a retard, far from it, in fact. The thread isn't so much about a coin flipping trading system (which may or may not be workable, depending on how one approaches it) as it is about the concept of binomial distribution, introducing it to the traders on ET, and showing them how they can get the concept to work for them (no, I won't tell you how).

Quote from oraclewizard77:

On my stock swing system which I don't sell I once turned $ 20,000 into $ 100,000 in a single year. And yes, one of the ways is investing in biotechnology.

Your stock swing system has as much relevance to this thread as people discussing how the made a killing in internet stocks during the tech boom ... and will pretty much have the same end result.