Repetition, The Mother of Success and Failure. RAMOUTAR REPORT VOLUME 10

Discussion in 'Psychology' started by RAMOUTAR, Jan 14, 2004.

  1. Why do you quote his reply? Many of us have Scientist on ignore, and your quoting just reminds me why I have him on ignore(please do not quote him as the rest of us must read his crap, who have him on ignore). Rather than quoting this Young Australian's boastful remarks just put him on ignore and enjoy ET, for what you can get out of it. If it were not for the ignore function, I would share in your bad experience with ET.

    Michael B.

     
    #61     Apr 18, 2004
  2. Ebo

    Ebo

    Savant:

    Did you know there is life outside of Elite Trader?
    Try it sometime.

    best wishes,

    ebo
     
    #62     Apr 18, 2004
  3. Why do I deserve this remark? Ebo? Do you know me? Should I post my personal life here in ET? You only see posts appropriate to ET, and then you seem to judge me in my personal life?

    Michael B.


     
    #63     Apr 18, 2004
  4. Ebo, Thanks for showing your reply. Do I need to defend myself?

    I am working a fulltime job and have friends in that arena.

    I am serving an apprenticeship in the Fire Marshall program to become a licensed special effects technician. (I bet I have seen more firworks shows/Dodger games/Concerts backstage/Social events than you have in your lifetime).

    I post on ET in the evening after work and on weekends when I am not preparing a show.

    I have been in every state in the USA more than once. Can you say that? I have lived in Europe, been to China...ETC.

    I am 45 years old and I find myself requiring less sleep as I grow older. I want to get out of life as much as I can and I surly will agree with you as to life outside of trading and ET.

    I also am a Christian and I love the Lord Jesus Christ.

    But I will not waste anymore time with your post.

    Michael B.

    P.S. go ahead attack me personally, I can take it.

     
    #64     Apr 18, 2004
  5. Ebo

    Ebo

    I heard The Gruccis are looking for an Apprentice Pyrotechnic for The Passion Sequel. Perhaps you should apply.
     
    #65     Apr 18, 2004
  6. The company sponsering me (PyroSpectaculars), does this show, for The Times square location. Hopefuly I will be ready for the Olympics in Greece. (if they can control their budget)

    Michael B.

    P.S. The Chinese New Year in Hong Kong was and is the Grand-daddy of them all! We are talking 12" shells, being little stuff.


     
    #66     Apr 18, 2004
  7. As I said I'm still a discretionary trader. That's why you see on the example below "probability SUBJECTIVE : 80%. " :D. Nevertheless the very reason I am automating the process is to kick off the subjective probability and replace it by OBJECTIVE that is to say SCIENTIFICALLY determine this probability. SCIENTIFICALLY DOESN'T MEAN EXACT it means on the contrary A TOLERANCE INTERVAL. Let's say I have a frequency of 80% that is subjective, when it will be objective I would be able to give an interval between 75 and 85% for example. Also I insist that Scientific means forecast, a backtest is not scientific because it is not forecast that's why academics have never validated technical indicators as valid. If I say for example that 10456 must be touched within 3 points if the top is only 10450 It will be count as a defect.

    As long as I don't have OBJECTIVE probability the money management will stay very conservative (so the 1% risk). Once I will know the objective probability interval I will use some optimisation about Money Management. I won't probably use the usual martingale but probably something more optimised specifically to my model (using mathematical operational research methods for those who know what I mean).

    <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=481990>
     
    #67     Apr 23, 2004