A message to some day traders.

Discussion in 'Trading' started by Amahrix, Sep 20, 2019.

  1. Amahrix

    Amahrix

    Let me be, should I go to people on forums who agree with me? I am challenging myself challenging others... and it's fun. This is fun...
     
    #371     Sep 22, 2019
    themickey and fan27 like this.
  2. fan27

    fan27

    Fair enough...if this is how you get your "kicks", looks like you have plenty of willing participants.
     
    #372     Sep 22, 2019
  3. Amahrix

    Amahrix

    I believe 2 people got something useful out of this. And that's 2 more than I could've hoped for. So it's a win in that regard. This post was mosted viewed last week with 6,000 and over the weekend another 7,000 views. There are probably a few more in there that have saved themselves that I'll never know of.
     
    #373     Sep 22, 2019
  4. ZTrader888

    ZTrader888

    There's always something to be learned from conversations like this. The most important parts are the questions that are left unanswered on both sides. Stuff that keeps physicists and traders up at night!
     
    #374     Sep 22, 2019
    themickey likes this.
  5. Amahrix

    Amahrix

    Perhaps, self-fulfilling prophecy.
     
    #375     Sep 22, 2019
  6. Amahrix

    Amahrix

    I'll get to all your comments soon, about Simons, and etc. :)<3
     
    #376     Sep 22, 2019
  7. Amahrix

    Amahrix

    1) The market is different because you cannot apply the scientific method to human behavior. Charlatans say you can. They made a field about it; psychology and created the "IQ"

    2) You can use math. But apply with caution;
    “Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.”

    ― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

    3) Social science understands just about nothing. Waste of a field. If social science disappears tomorrow, world will be the same with major effect. Waste.
     
    Last edited: Sep 22, 2019
    #377     Sep 22, 2019
  8. Amahrix

    Amahrix

    Also, read Nassim Taleb's Incerto (Fooled by Randomness, Black Swan, Antifragile, Skin in the Game) before continuing writing your book. Take my recommendation. Purchase each book individually versus the Incerto set (because cost is cheaper). Actually you can find the PDFs online for free, at least for Fooled by Randomness.
     
    #378     Sep 22, 2019
  9. SunTrader

    SunTrader

    Read it (the book cover to cover .... when it came out and at least once more since) but much prefer How Markets Really Work by Larry Connors 1st edition. Haven't picked up new 2nd edition as yet. For every pro this or that there is a con.
     
    #379     Sep 22, 2019
  10. padutrader

    padutrader

    what is so great about saying you cannot do something.......
     
    #380     Sep 22, 2019