Simple Profitable Method - Take 2

Discussion in 'Technical Analysis' started by jimns, Apr 30, 2007.

Thread Status:
Not open for further replies.
  1. GTS

    GTS

    What? I'm still waitng for YOUR answer.

    You just threw 20 heads in a row. You are about to flip the coin again.

    What are the odds of it coming up heads THIS time?

    Please express your answer numerically.
     
    #141     May 23, 2007
  2. Allaces

    Allaces

    Ahhh the teen jokes.. I wondered when you would wave the white flag.. surrender accepted
     
    #142     May 23, 2007
  3. JSSPMK

    JSSPMK

    I did answer that one, now you tell me what are the odds of this cycle continuening?
     
    #143     May 23, 2007
  4. Allaces

    Allaces

    So what was the answer? because for pages and pages you have been saying 20 heads in a row increases the odds of a tail next toss.. have the guts to admit your stupidity.. don't add cowardice to ignorance
     
    #144     May 23, 2007
  5. JSSPMK

    JSSPMK

    I knew you were FOS when you didn't know how to post a chart considering your expertise an' all LOL
     
    #145     May 23, 2007
  6. Allaces

    Allaces

    So tell us what was the answer? because for pages and pages you have been saying 20 heads in a row increases the odds of a tail next toss.. have the guts to admit your stupidity.. don't add cowardice to ignorance
     
    #146     May 23, 2007
  7. JSSPMK

    JSSPMK

    I will admit to not being the brightest person, hope you are satisfied with that one.

    The answer to your question is Yes, the less likely the consecutive run, the more the likelihood of an opposite taking place sooner than later, especially keeping in mind equal odds.
     
    #147     May 23, 2007
  8. GTS

    GTS

    I asked you to express your answer numerically.

    If you don't think the odds are still 50-50 then what do you think the odds are?

    Again, the question is: You have already thrown 20 heads in a row. What are the odds that the NEXT flip of the coin will come up heads?

    Note: I am not asking you what are the odds of flipping 20 or 21 heads in a row - that is a different question and is the only question you have previously answered (which I never asked)
     
    #148     May 23, 2007
  9. Allaces

    Allaces

    And it doesn't matter to you that every mathematician and statistician in the world will tell you that is an impossibility in this universe, it doesn't matter that they can prove it through formula and that the very nature of reality and physical matter is built upon principles you stubbornly refuse to accept?

    Good luck with the whole trading thing:p
     
    #149     May 23, 2007
  10. JSSPMK

    JSSPMK

    it is 50/50, but the 2 above questions are linked, it is exactly to do with the unlikely event of a run continueing that probability rises of an opposite event taking place.
     
    #150     May 23, 2007
Thread Status:
Not open for further replies.