My original comment was on page 94 where I differentiated between probabilitistici info theory (Derman, Bass, and Covel) and using Carnap and Keynes (non probalistic).
To respond to the comments on illustration 15, I mentioned, further, the dilleniation of the two thinking approaches by referring to pages 190 and 191 of TF. which, in fact, only address the probabilisitic aspects of critical thinking.
It is perfectly alright for Covel to call me either a nut or moron for bringing up what I do in a context of the thinkoing of others who do not do any problem solving from a deductive scientific viewpoint.
As I suggest in my response to being called a nut or moron, I believe that it all comes out in the wash at some point.
It is great for trader56 to have the bias that he shares with Covel, et al. It is NOT unusual for people to judge me based on their orientation.
The orientation I have is very useful to a group of very successful traders. If a person is reasoning about how to make money, it may not be a good idea to accept other's opinions of me that are based on a standard that is differentt than the standard of performance of what these successful traders DO.
Trading as an expert often involves using reasoning that is considered counterintuitive in the CW arena.
With respect to monitoring, often monitoring emphasizes maintaining orderliness in threads and forums.
My comments on derman, Bass, Taleb and Covel are just founded on the reality of taking their views into consideration when an expert trader is being exacting in his thinking about how to correctly do the "taking" of the market's offer.
For me, it is not a consideration of choosing whether I am a nut or a moron. Covel thinks it is. For him it may be, but that is not my problem or a problem of moderation in that thread.
Trader56's thread here in this forum is just another dialog about how things go in reality. He may want more bashing left up in the thread. repeating the same bashing only makes the thread longer and more difficult to follow.
My comments to both the guy who's ass fell off and Covel are serious replies that are filled with pertinent thoughts. I fished the Flatbrook many times. and I am very familiar with the book Covel wrote and the staff at Prentice Hall. I have declined their offer.
