OMG I can't believe this fallacy still exists in trading!

Discussion in 'Trading' started by wxytrader, Oct 14, 2023.

  1. sridhga

    sridhga


    Please read my post again. I am referring to trading account and not to the portfolio holding.
     
    #41     Oct 14, 2023
    expiated likes this.
  2. Bad_Badness

    Bad_Badness

    Look up the word fallacy. Then add the word mathematical. There is no wiggle room there despite your ego, balance, position, name calling etc. You are using technical terms incorrectly. This is taught after algebra, usually in introduction to logic courses

    Use a term incorrectly, then go around calling others dense is the definition of hubris+stupidity. You will not find much help here nor does it bode well for trading at anything but rank amateur levels and places you in the lower quartile of the 90% who fail.

    It seems the whole point of the OP is to show how "smart" he is and how everyone else missed something.o_O
     
    #42     Oct 14, 2023
    taowave, SunTrader and smallfil like this.
  3. It's called the traders fallacy not mathematical fallacy. When I use the term mathematical fallacy I am using it as reference to the traders fallacy meaning belief in the math as it is being presented is a fallacy.

    This isn't a math problem. We can all agree that a 50% drop from $100 is $50 and $50 needs to increase by 100% to reach $100....what the funny part is how so many of you can't fathom what's wrong with thinking this means it's harder for the stock to go from $50 to $100 than is was to go from $100 to $50. If market sentiment returns to where it was before the drop then the stock will return to that level. The market moves in increments of money...up or down based on market sentiment. It does not concern itself with where a price level was at some arbitrary point in time, and figure what percentage disadvantage it has to over come to return to that level lol.
     
    Last edited: Oct 14, 2023
    #43     Oct 14, 2023
  4. taowave

    taowave

    Quite possiby, the DUMBEST thread ever.....
     
    #44     Oct 14, 2023
  5. rb7

    rb7

    Are Wxy and earthimperator relatives?
     
    #45     Oct 14, 2023
  6. taowave

    taowave

    LOL!!!!

    Ild ask,but the Earth Buffoon mercifully blocked me.....





     
    #46     Oct 14, 2023
    ironchef and rb7 like this.
  7. rb7

    rb7

    Same here!!!
     
    #47     Oct 14, 2023
    taowave and ironchef like this.
  8. tomkat22

    tomkat22

    That is indeed a mathematical fact but I personally feel it's a useless,worthless fact and not even worth wasting time mentioning it.
     
    #48     Oct 14, 2023
  9. traider

    traider

    so stoploss at 5%, take profit at 10%?
     
    #49     Oct 14, 2023
  10. Agreed. Down 50 ticks. Up 50 ticks. No difference.
     
    #50     Oct 14, 2023