Simple Profitable Method - Take 2

Status
Not open for further replies.
Quote from JSSPMK:

it is 50/50, but the 2 above questions are linked, it is exactly to do with the unlikely event of a run continueing that probability rises of an opposite event taking place.
More...
No, they are not linked - that is the gamblers fallacy.

You can't say that its is unlikely that the run will continue yet the odds on the next toss are 50/50 - that is an obvious contradiction.

You are confusing the odds of throwing 20 heads in a row (very unlikely) with the odds of throwing a single head after already having thrown 20 heads in a row (which is still 50/50).

Free your mind.
 
Quote from Allaces:

And it doesn't matter to you that every mathematician and statistician in the world will tell you that is an impossibility in this universe, it doesn't matter that they can prove it through formula and that the very nature of reality and physical matter is built upon principles you stubbornly refuse to accept?

Good luck with the whole trading thing:p
More...

Well Bill Effing Gates never graduated nor did many others, some did pretty bad at school, you trying to tell me I need to be an academic or what? It was a comparison mate, nothing more.
 
Quote from JSSPMK:

Well Bill Effing Gates never graduated nor did many others, some did pretty bad at school, you trying to tell me I need to be an academic or what? It was a comparison mate, nothing more.
More...
Well gee all you need to do now is come up with the next great operating system and the billions are yours :p
 
Quote from Allaces:

Well gee all you need to do now is come up with the next great operating system and the billions are yours :p
More...

No need, I am one of the few that managed to work out how to use SPM without having to take every single 0 line cross LOL
 
Quote from GTS:

No, they are not linked - that is the gamblers fallacy.

You can't say that its is unlikely that the run will continue yet the odds on the next toss are 50/50 - that is an obvious contradiction.

You are confusing the odds of throwing 20 heads in a row (very unlikely) with the odds of throwing a single head after already having thrown 20 heads in a row (which is still 50/50).

Free your mind.
More...

It's how I understand it, that's all.
 
Quote from JSSPMK:

No need, I am one of the few that managed to work out how to use SPM without having to take every single 0 line cross LOL
More...
yes with your understanding of probability there is nothing to stop you :p
 
Quote from Allaces:

yes with your understanding of probability there is nothing to stop you :p
More...

Back at ya - you sure understand probability taking every single 0 line cross LOL, you are bound to get a winning trade eventually, right? How did you establish this exactly? And what happens when you get a run of 10 losing trades?
 
Quote from JSSPMK:

Back at ya - you sure understand probability taking every single 0 line cross LOL, you are bound to get a winning trade eventually, right? How did you establish this exactly? And what happens when you get a run of 10 losing trades?
More...
Do you know what a zero line cross means? When the MACD crosses it's MA to the upside it means the trend is bullish, when it crosses the zero line it means momentum for that trend has shifted to bullish.. every ZLC should be taken because to pick and choose after 2 or 3 failures is ludicrous and misses many of the best trades.. wake up.. you are not losing at BJ now
 
Quote from Allaces:

Do you know what a zero line cross means? When the MACD crosses it's MA to the upside it means the trend is bullish, when it crosses the zero line it means momentum for that trend has shifted to bullish.. every ZLC should be taken because to pick and choose after 2 or 3 failures is ludicrous and misses many of the best trades.. wake up.. you are not losing at BJ now
More...

One thing for sure, you Sir have a lot more losing trades, no matter how small, throw in commissions on real size if you ever get there, it's not the quantity, but quality that matters most. Stop being so petty.
 
Quote from JSSPMK:

One thing for sure, you Sir have a lot more losing trades, no matter how small, throw in commissions on real size if you ever get there, it's not the quantity, but quality that matters most. Stop being so petty.
More...
Nope, you just lose out on winners with your ridiculous probability theory that everyone laughs at

Bottom line: you didn't make money gambling, you don't make money trading.. what the hell are you doing arguing with successful traders when you don't even understand mathematics.. it's embarrassing
 
Status
Not open for further replies.
Back
Top