Intuition testing - page 15

 
Reshetov >> :

I won't say anything, except that it's nerdy blather, which is of no interest to me, as it has little or nothing to do with applied trading.

Ordinary rubbish of nerds: the more scientific terms are used in floods, the better.


>> Thank you. Honesty is the best policy.
 
alsu писал(а) >>

It now seems to me that pricing is a generalised Poisson process, which is non-stationary in intensity over short intervals, but over large intervals - where we estimate statistics - its average is quite smooth. Hence, the distribution graph should be a curve (L^k)/k!*exp(-L), where L is the intensity.

P.S. You can stop me if you get carried away...

Actually the Laplace distribution looks somewhat different. And it looks a lot like a special case of the gamma distribution, which is called the Erlang distribution. But there's still a difference, so it's not Erlang either.

The reason I got stuck is that I already tried this kind of distribution 2 years ago, but got convinced that it reproduced the real distribution not much better than the normal one - i.e. poorly. As a result I gave it up. Mathemat is definitely right: this distribution does not reproduce tails very well.Which means it definitely can't be used for risk estimation.

alsu wrote >>

A striking example is the Brownian motion, which has already been the subject of so many pages in the next thread.

Which thread are we talking about?

 
Yurixx >> this distribution reproduces tails out of all proportion. So it definitely cannot be used for risk assessment.

Oh thank you, Yuri, I already felt that soon I will be sunk with unsinkable arguments like "I don't see it in the picture" :)

 

Totally agree with the top starter. Intuition can be trained!

I used to do this regularly with cards. I took three cards of any kind, stirred them up and had to draw a particular card or guess the one I pulled.

After some time of regular practice (2-3) weeks I got this result, - 16 times in a row I guessed{pulled out correctly. Note the -3 cards, i.e. 33.3333% chance of getting it right each time. And the probability that I would draw it next time in a row decreased with each card I guessed.

 
I can't open the intuition test. what opens xlsm?
 
XenoX писал(а) >>

Took three cards of any kind, stirred and had to draw a particular card or guess the one you drew.

Can you elaborate on that?

 
XenoX >> :
I can't open the intuition test. what opens xlsm?

Plug in your intuition

 
Swetten >> :

>> Can you elaborate on that?

What more details do you need? In 2-3 weeks of intensive training, a pack of cards can be so worn down and memorised that you can "guess" the value of a card by its shirt even in total darkness by touch.

 
Reshetov писал(а) >>

What more details do you need? In 2-3 weeks of intensive practice, a pack of cards can be so worn down and memorised that you can "guess" the value of a card from the shirt, even in total darkness by touch.

That's your opinion. I, on the other hand, am curious. :)

 
XenoX >> :
I can't open the intuition test. what opens xlsm?


This is a 2007 xlsm file. Look at the beginning of the thread, there's one for 2003. And a little further is a video on how to use it. I have to agree with Reshetov that maps are best not used for training. We have discussed them. If you want to continue with the physical trainer, it may be a pot of peas. :)