Reality based coin-tosser method that beats 95% of traders in the world.

Discussion in 'Strategy Building' started by Whisky, Oct 16, 2009.

  1. pseudo-stats. I love it. Keep on playing boys, we need more market pseudo statisticians.
     
    #591     Oct 27, 2009
  2. ---> http://en.wikipedia.org/wiki/Gambler's_fallacy
     
    #592     Oct 27, 2009
  3. The answer to the trading game lies in following the Boiled White Rice Law.
     
    #593     Oct 27, 2009
  4. RedDuke

    RedDuke

    I used roulette as an example. By the way, in the old days when the wheel was not perfectly calibrated, this tiny discrepancy could have yielded very decent profits, if one knew how to use random predisposition on evens odds bets.
     
    #594     Oct 27, 2009
  5. Boiled White Rice has all the nutrients the body needs. For the rest, there is American Express.
     
    #595     Oct 28, 2009
  6. With some patience and discipline, Boiled White Rice can be turned into sake.
     
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    #596     Oct 29, 2009
  7. Equalizer is right ... and if you're doing different betting sizes and you get caught on the wrong side of the probability equation, all you will end up doing is shredding your account.

    BTW, the thread title is just a "run-up" also. It's quoting the stat that 95% of traders end up net-net losers at the end of their run at the game ... but that doesn't mean that this coin-toss method is a winner! :eek: :p
     
    #597     Oct 29, 2009
  8. How would you classify this thread according to the table below from 1 to 7?. I suspect you'd go with 1 because coins can be felt in the intestine like separate hard lumps hard to pass.
     
    #598     Oct 30, 2009
  9. TS?.. marting... max. likelihood...
     
    #599     Nov 19, 2009
  10. SatMir

    SatMir

    They ain`t shit!
     
    #600     Sep 13, 2012