Not the Grail, just a regular one - Bablokos!!! - page 319

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MrSerj:

...

Now. Again when I say that from minus no formula can make a plus applicable to the market. What I mean is. Here's what: We got -1, now give me a mathematical combination (applicable to the market) of how to at least mathematically turn this minus into zero? Guaranteed, mathematically!!! ) If you do that, you will obtain the Grail of all Grails. Fortunately, no such formula exists. ))) And plus a negative market maturity expectation and we are in a typical casino. The Exchange and OTC markets are a casino and you have to accept that. It's not a business, it's not a job, it's a probability game and that's it!

I don't understand WHY a sufficiently STABLE statistical probability (of any value) is constantly exposed here as a NEED ?...

Take a sequence of 8 outcomes, each of which can have a value of either +1 or -1...
Does nobody care that (if I am not mistaken) in 70 (!!!) cases out of 256 the sum of values of all 8 outcomes is equal to ZERO?...

What ?!! WHAT more do you need to "turn chocolate"!!!

 
MrSerj:

The Exchange and OTC markets are casinos and you have to accept that.

A conclusion that 99% of newly minted traders come to, having been crushed by the market.
 
Yeah, Sergei's pissing himself, and he's making us look down on him, too.
 
pppp:
Yeah, Sergei's pissing himself, and he's making a big deal out of it.
And more details, not all of us are decoders ))))
 

I know! It's only your riddles to guess. )))

Zlatotrader has already highlighted everything you need.

 
goldtrader:
A conclusion that 99% of newly minted traders come to when they are crushed by the market.
The faster the better. For years, the Oriole trader-business was created around the speculative stock market. Although there is little in common between business and trading. Anyone who speculates, rather than investing in the economy of a security he trades in is simply a gambler, unlike the classic casino gambler. After a loss, there is no desire to return, there is practically no excitement at the exchange, in the casino excitement comes first. There are practically no other significant differences. ) What's there as well as here is a game of probability against the player.
 
pppp:

I know! It's only your riddles to guess. )))

Goldsmith has already highlighted everything you need.

I hear you. I turn my attention away from your majesty. )
 
prikolnyjkent:

I don't understand WHY a sufficiently STABLE statistical probability (of any value) is constantly exposed here as a DEFINITION ?...

Take a sequence of 8 outcomes, each of which can have a value of either +1 or -1...
Does nobody care that (if I am not mistaken) in 70 (!!!) cases out of 256 the sum of values of all 8 outcomes is equal to ZERO?...

What?!!! WHY else do you need to "turn chocolate"!!!

Desire, stubbornness and practice. 3 parts of the same whole. When one starts to temp, the other will support you through a difficult period (diversifying your resources, energy pumping). Sort of like this....

A generally, I do not advise anyone to master the path of speculative trader if any of these 3 qualities is missing. Profession trader is very difficult, it is much easier to become an investor, to study the nature of markets and their probability, etc.. They have a lot of knowledge, that's enough to find a trader (who offers his services) whose trade is in the positive expectation of money and trust him (their capital) to do your job. As for the brokers, their knowledge is sufficient to find a trader (who has a positive expectation of maturity) and trust him (them) to work for you.

This is my personal opinion... And logically justified.

 
prikolnyjkent:

Does nobody care that (if I am not mistaken) in 70 (!!!) cases out of 256 the sum of the values of all 8 outcomes will be EQUAL to ZERO?...

Ok... Why is dispersion not taken into account? You can earn money on it too. Anyway, that's another topic...

 
MrSerj:

Desire, stubbornness and practice. Three parts of the same whole...

... And in general I do not advise anyone to master the path of a speculator-trader if any of the 3 qualities is missing ...

... This is my personal opinion... And logically justified.

That's what causes all the problems (not just in trading, but in life in general). All sorts of "dust" are listed: desire, stubbornness, practice... And not a single word about the real essence of success in any business: INFO (!!!) and TECHNOLOGY of its processing (!!!).

I have no idea what logic can justify this personal opinion of yours.
I can see only one chain of dependencies:

- 1) in order to get the planned result ----> in practice, you have to actually perform the actions necessary to do so;

- 2) in order to perform the necessary actions ----> one must KNOW (!!!) which actions are to be performed;

- 3) and in order to know exactly what actions need to be performed ----> one needs not desire, not stubbornness or practice... but -INFORMATION(!!!)... information... anda processing TECHNOLOGY(that would allow to "draw" unmistakably from the information the sequence of future actions, which would lead to the planned result)...

And you say desire...

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