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

[Equalizer]

pseudo-stats. I love it. Keep on playing boys, we need more market pseudo statisticians.

 

[Wayne Gibbous]

Quote from RedDuke:


The spin of roulette is random, every time it is 50/50 for black or red (let's put aside 0/00 for now). However, for en extended period of time there could be more reds then blacks, and there are various ways to profit from such situations. Similar can be applied to trading.

---> http://en.wikipedia.org/wiki/Gambler's_fallacy

 

[shikantaza]

Quote from MAESTRO:

The answer to a coin tossing game lies in the ArcSine law.

The answer to the trading game lies in following the Boiled White Rice Law.

 

[RedDuke]

I used roulette as an example. By the way, in the old days when the wheel was not perfectly calibrated, this tiny discrepancy could have yielded very decent profits, if one knew how to use random predisposition on evens odds bets.

 

[shikantaza]

Boiled White Rice has all the nutrients the body needs. For the rest, there is American Express.

 

[shikantaza]

With some patience and discipline, Boiled White Rice can be turned into sake.

 

[MandelbrotSet]

Quote from Equalizer:

pseudo-stats. I love it. Keep on playing boys, we need more market pseudo statisticians.

Equalizer is right ... and if you're doing different betting sizes and you get caught on the wrong side of the probability equation, all you will end up doing is shredding your account.

BTW, the thread title is just a "run-up" also. It's quoting the stat that 95% of traders end up net-net losers at the end of their run at the game ... but that doesn't mean that this coin-toss method is a winner! :eek:

 

[shikantaza]

Quote from 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.

How would you classify this thread according to the table below from 1 to 7?. I suspect you'd go with 1 because coins can be felt in the intestine like separate hard lumps hard to pass.

 

[phattails]

Quote from shikantaza:

How would you classify this thread according to the table below from 1 to 7?. I suspect you'd go with 1 because coins can be felt in the intestine like separate hard lumps hard to pass.

TS?.. marting... max. likelihood...

 

[SatMir]

Quote from jack hershey:

what distinguishes me from Forbes 400 people is that they are greedy and selfish and I am not.

They ain`t shit!