"Tradingpro system seems to be back on track. Did you see yesterdays prediction !" You must be joking, due to free advertising on ET, Mr Promoter. http://www.elitetrader.com/vb/showthread.php?s=&postid=1187463#post1187463
Well I just hate to be the one to tell you... but saying 12.5% instead of 25% is not a typo... it's just sloppy math
You know that kind of comment doesn't show much character.. You have very little to say about the subject, and a lot to say about a simple mistake... As you can see we are substantially different kinds of folks. You have a wonderful life.. Steve
Lets talk about character then Steve, trying to pass off shoddy calculations as typo's most certainly goes directly to the heart of "character" so you can stop psychologically projecting your own unconscious material onto everyone else and look in the mirror if you really want to develop a modicum of character
Yes you continue to harp on the fact that I made a mistake..Thats the kind of thing that child does...I've posted here a lot and each time I made a mistake I said so..To me it matters not whether it was a typo or sloppy math, either way it is a mistake and I am responsible... Now that we have done that...I have to wonder why you want to continue with this rather than the arguement at hand? In my view its because you are a professional asshole. That is to say, you have decided to make this your profession for the day..and you do a wonderful job of it... So lets keep talking about my mistake..Are there any other elements of my mistake that an asshole like you would like to emphasize? I'd like to hear more about it, especially from someone who I assume has never made one... You want to talk, lets talk
You know full well that a typo is a typing mistake, but what you tried to hide was a calculation mistake, an embarrassing one considering your entire argument hung on your math... dont get pissy with me because you tried to denigrate everyone and ended up making a fool of yourself
I will let you know what is and what isn't a typo.. and since you insist on acting like a prick, let me recommend that you go find a book and read up on variance, monte carlo methods and anything else that you need to get you back on track...Finally and for good measure.. Go fuck yourself...Are we clear? and now, I would love to tell you to go fuck yourself a few more times, but I am going to get some dinner...Let me get one more in there while I am eating Go fuck yourself.... There we go Lovely talking with you.. Steve Edit: Oh and that book, I have changed my mind..When you get it, don't read it, instead shove it...
If I may... Steve is not proposing that each coin flip ("fair" coin) is not independent. He has already stated that. It's basic stats. Steve's bet is on runs and the odds of completing runs after the series is started. If given better than fair odds of completing the run, he, or anyone, would take them in a second. That's called an edge. Also, I believe Steve's viewpoint is from that of what I believe a professional gambler would do. Professional gamblers don't gamble - they put on bets ("risk" in market parlance) - that they know from experience, or math, will have an edge if repeated many times. If a pro gambler noticed something peculiar about a run of numbers, or blackjack wins, or craps passes, or whatever, they would investigate. Yes, they know the odds and stats and house edge of every game, but when something isn't "right" they might just jump in, figuring the game is rigged. Casinos also investigate happenings that stretch the limits of probability. It costs them money, otherwise. Well, that's my take. Good trading to all.
I didn't lose the debate, just my temper... This is the way I speak and post.. I suggest you put me on ignore..I will do the same for you.. Steve