Does Probability exist?

Discussion in 'Trading' started by game, May 3, 2015.

  1. Probability depends of the behavior of the elements that influence probability. So we are still on track.
     
    #41     May 4, 2015
    loyek590 likes this.
  2. Probably. Some call it behaviour, others might say price action, market analysis, TA, etc. Same kind of oils, different names! lol
     
    #42     May 4, 2015
    marketsurfer and Brianharvey like this.
  3. loyek590

    loyek590

    a hell of a lot different than they were last time when they were partying like it was still 1999
     
    #43     May 4, 2015
  4. Very good. Perhaps JH can say it much better, I believe.
     
    #44     May 4, 2015
    marketsurfer and Visaria like this.
  5. dbphoenix

    dbphoenix

    "How other people are today" is reflected in what buyers are willing to pay and sellers are willing to accept. As to what that means, one must look at context, or structure, or architecture, i.e., how the auction market functions.

    "lol"
     
    #45     May 4, 2015
  6. dbphoenix

    dbphoenix

    The market isn't an engineering schematic; it's a behavioral model. Has been for millennia.
     
    #46     May 4, 2015
    Jakobsberg and loyek590 like this.
  7. loyek590

    loyek590

    lmaoontfrwl (laughing my ass off on the floor rolling with laughter.)
     
    #47     May 4, 2015
  8. Visaria

    Visaria


    So what does that have to do with probability?
     
    #48     May 4, 2015
  9. dbphoenix

    dbphoenix

    The probability that traders will behave one way vs another. Which is the basis for behavioral economics and thereby behavioral finance, nearly all of which stems from Charles Mackay and Gustave Le Bon.
     
    #49     May 4, 2015
  10. You are dreaming. Pure and simple. Nothing wrong with that, however.
     
    #50     May 4, 2015