I Win 100% Of My Trades- Expectancy.

Discussion in 'Psychology' started by JamesEM, Oct 22, 2016.

  1. Thiefty%

    Thiefty%

    I was a finger away from wasting my time to explain statistics / probability for a dummy... God blessed me.
     
    #31     Oct 24, 2016
    userque likes this.
  2. Mtrader

    Mtrader

    I know how to calculate mine. It is up to you to calculate yours.
    In past I shared information, but that's over. But I already gave you the formula...
     
    #32     Oct 24, 2016
  3. Just for fun, you also have a 100% expectancy when your first trade is 90% loss and your second a 190% winner, do you want to guess what your balance looks like.
    Some martingale systems work great, until you are killed of course, then they don't.
     
    #33     Oct 26, 2016
  4. tlatoani

    tlatoani


    Please waste your time for me. I have an advanced degree in stats and I don't get how PW is determined.

    I guess you are completely deluded, or I am as thick as a brick but are you saying PW provides the odds for the trade winning? What is this based upon?
     
    #34     Oct 26, 2016
  5. Mtrader

    Mtrader

    There is kind of a contradiction in what you post.

    A few possibilities:
    1. you don't have an advanced degree in stats, so that might explain why you don't get it. Although an advanced degree in stats is even not necesarry.
    2. you have an advanced degree, that you should give back as you clearly don't deserve that degree.
    3. You missed the class when they explained the link between stats and understanding PW.
    4. You paid for your degree.
     
    #35     Oct 27, 2016
  6. Mifar

    Mifar

    One should be optimistic and positive. But being somewhat a realist too won't hurt =)
     
    #36     Oct 27, 2016
  7. tlatoani

    tlatoani

    Whatever you say, bro. What is obvious is that you are afraid to show how you THINK you determine the PW part because it is merely your wish and a dream.... without any true statistical backing--- and I will rip it to shreds trashing your glimmer of hope of getting out of your mother's basement.
     
    #37     Oct 27, 2016
    lovethetrade likes this.
  8. Mtrader

    Mtrader

    You posted in a reaction to another ET member, not to me. LOL. I am impressed by your intelligence.
    What you think about me? I don't give a s*t. Why should I tell you what and how I trade? You pretend to be a super advanced mathematician, so you should be teaching us. Not asking help from the (according to you) stupid.
    I see a few new members on this thread with almost no postings. They all attack the same persons. Probably one or two frustrated person with a lot of aliases. And they like each others postings, so people with a huge ego problem.
     
    Last edited: Oct 27, 2016
    #38     Oct 27, 2016
  9. birzos

    birzos

    That's the same as saying you're a winner coming second, what rubbish, right side traders for you - "you are ALWAYS winning (even when you are losing)" equals being lazy.

    Only constantly seeking perfection makes you a winner, either day by day or having a methodology so perfect you don't have to adjust it for months or years.

    As they're a service provider, go trade with them, lose all the capital and they get a service commission, apparently indirect solicitation wasn't good enough.
     
    Last edited: Oct 27, 2016
    #39     Oct 27, 2016
    lovethetrade and d08 like this.
  10. JamesEM

    JamesEM

    I don't know what you're referring to with "service provider"...

    It absolutely doesn't equal lazy. You MUST lose to win! Being a winner means falling gracefully and ending up over time. When the sum of your mistakes and losses are outweighed by your correct actions and wins over time.

    "Constantly seeking perfection" is the fastest way to failure. It's a bit of a paradox because we should look to continually improve but thinking you are lazy because you lose on the way to winning is damaging.

    This is the very same thinking that had me go to Tampa, Florida to get a $2700 mentorship to improve on a consistent 5% a month...that set me back years. Perfection in trading is dangerous. Continuous improvement, done with humility, will help you grow.

    My 2 cents.
     
    #40     Oct 29, 2016
    profitlocker and Xela like this.