Beginner trader working on a real account on Elliott Waves (invest - password enclosed)... - page 21

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Sart:
For those keeping track: Both predictions came to fruition brilliantly...
Watching, Sergei, and marking a more sober MM in the works. There's not much left until we get to the original balance. Good luck!
 
Sart:
This thread is a continuation of the thread - "How much is needed..." https://www. mql5.com/ru/forum/106902
As usual, the original thread has been distracted by the comparison of traditional TA and VTE forecasts.
VTE trading results for the first week :
18.02.08 to 22.02.08
Opening Balance : 500.00
Closed Profit/Loss : +77.17
Floating Profit/Loss : 0.00
End Balance : 577.17
 In my opinion, the TA forecasts looked very pale compared to the VTE forecasts. In fact, these forecasts often looked
They looked childishly naive, something like "two bounces, three hops..." and you couldn't really trade on them.
And on the contrary, VTE forecasts gave a trader the opportunity to actually open positions in a profitable direction.
As for my own real account, of course, there is no dispute - the results are very modest, because I mainly wanted to demonstrate
a variant of real trading with minimal drawdown. I think I managed to achieve that. In fact, if one does the analysis he/she will see that the maximal
30$ drawdown (with a deposit of 500$) was made only on the first day of trading, on Monday. The other days of the week, the net worth never dropped
on the other days of the week the equtiity has never fallen below the initial deposit amount.

Results of VTE trades of the second week :
25.02.08 to 29.02.08
Opening balance : 577.17
Closed profit/loss : -180.76
Floating profit/loss : 0.00
Closing balance : 396.41
 If anyone has been following closely the forecasts and their implementation (and there are hardly 2-3 of them), I think he was struck by the mystical irresistibility
of the mystical insurmountability of their realisation. The most seemingly unrealistic prediction on the Japanese, which has been called mystical by supporters of traditional TA, turned out to be so,
In the sense that it was realized with mystical accuracy last Friday - the Japanese Japanese crossed the level of 104.00, no matter how fantastic it was
it might have been at the time of the forecast. As for predictions on the traditional TA, they just didn't come in this week.
But of course we can't ignore the inexcusable error in the operational forecast for the Canadian. This error sowed doubt about the VTE's capabilities,
and for the author of the forecast the error cost a loss of $180.76. Unfortunately, I was unable to identify the cause of the error. Further work on VTE
I have not been able to determine the cause of the error.

Results of VTE trading for the third week :
03.03.08 to 07.03.08
Opening balance : 396.41
Closed profit/loss : +63.69
Floating profit/loss : -85.44
Closing balance : 460.10

 Last week our method provided only two operational forecasts suitable for real trading : Pound forecast and Canadian forecast.
We ourselves have used these forecasts and obtained 63.69 dollars of profit. The floating loss occurred in the last hours of trading on Friday and was caused,
in our opinion solely due to the NFP event.

The forecast for the current timeframe will be as follows
- Euro : strong up trend, however, min. targets achieved, unambiguous operational prediction
- Pound: up trend, however, min. goals achieved, unequivocal short-term forecast
- CHF: price trend is unequivocal, it does not give out a clear short-term forecast
- Japanese : very strong downward trend, not all min. goals achieved, we forecast further downward movement
- New Zealander: stable sideways movement, cannot be forecasted unambiguously
- Canadian: very stable downward trend, the level of 0.9700 will be definitely reached, the only question is the timing

However, let's not be in a hurry, we will wait for the developments by the morning.


 Real account data:
account - 211564
Investment password - liED5Ea
Servers - 212.65.93.14:433
or
- 217.74.44.38:433

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Stoto nerabotajut danije realnogo sciota.kokovo delingovo centeri eti IP ?
 
When we don't understand everything: The Thorndike Effect When we are unable to analyse the causes of a certain situation, we act according to the following rule: if some of our previous actions have been successful, we repeat them. If the consequences are unfavourable, we will try something else. This rule, so to speak, is "programmed" in our thinking. In psychology it is known as the Thorndike Effect, after the scientist who discovered it, Edward Lee Thorndike. The American psychologist believed that in our minds, certain actions become more closely tied to a given situation if they have already led to a positive outcome. Example. If your TV screen flickers once stopped after you hit it hard, you will do it every time afterwards. If the flickering does not stop after you hit it, you will be less likely to try to fix the problem with your fist in the future. In our everyday life, all actions according to the Thorndike Effect are extremely successful. We keep on trying every possible way until we are able to cope with an unpleasant situation. What finally leads to success, we remember and do the same thing next time. And what was unsuccessful, we simply forget. The famous Bamberg psychologist Dietrich Dörner described this phenomenon in his book The Logic of Failure. According to Dörner's research, we fail in those situations where we have to act not immediately, but after some time. Since, according to the Thorndike effect, we can only foresee immediate consequences, we are unprepared for the gradual development of a situation. And even if we happen to choose the right path, we will hardly realise it because we have not correctly planned the action and assessed the consequences. The balance is even more unfavourable when we have to solve a complex problem in which we are completely unfamiliar. There are two points in Dörner's research that you need to consider when looking for a solution. The solution to complex problems can only be approached in a purely rational way by us with our ordinary ideas. In doing so, we need aids. But there is no guarantee that they will lead us to a better solution. If our tried and tested rational methods fail, we resort to irrational methods. Irrational methods have a dangerous tendency to become habitual, because then we cannot criticise ourselves or have doubts. There is a great danger that we will persist in our delusions.
 
azfaraon:
When we don't understand everything: ....
and our tried and tested rational ways don't work, we resort to irrational methods. Irrational methods have a dangerous tendency to become habitual, because then we cannot criticise ourselves or have doubts. There is a great danger that we will persist in our delusions....
Indeed, the number of ways in which we confuse ourselves and others is endless...and they are as densely arranged as the words in your post...
 
azfaraon:
When we don't understand everything: The Thorndike Effect When we are unable to analyse the causes of a certain situation, we act according to the following rule: if some of our previous actions have been successful, we repeat them. If the consequences are unfavourable, we will try something else. This rule, so to speak, is "programmed" in our thinking. In psychology it is known as the Thorndike effect, after the scientist who discovered it, Edward Lee Thorndike.
Actually, this effect was discovered by a Russian academic named Pavlov, and it is called the conditioned reflex. In contrast to the Yankee Thorndike, Pavlov went much further and proved that positive reinforcement is not only psychologically fixed, but also causes physiological processes in the body which motivate (negative reinforcement is also accompanied by physiology and thus demotivates). This is how physiology was discovered.
 
Reshetov:
azfaraon:
When we don't understand everything: the law of the Thorndike effect When we are unable to analyse the causes of a certain situation, we act according to the following rule: if some of our previous actions were successful, we repeat them. If the consequences are unfavourable, we will try something else. This rule, so to speak, is "programmed" in our thinking. In psychology it is known as the Thorndike effect, after the scientist who discovered it, Edward Lee Thorndike.
Actually, this effect was discovered by a Russian academic named Pavlov, and it is called the conditioned reflex. In contrast to the Yankee Thorndike, Pavlov went much further and proved that positive reinforcement is not only psychologically fixed, but also causes physiological processes in the body which motivate (negative reinforcement is also accompanied by physiology and thus demotivates). This is how physiology was discovered.

Bravo...
yankee - go home...
 
azfaraon:
Copy-Paste: http://realty-invest.ya.ru/replies.xml?item_no=835&ncrnd=1118
 
Mathemat:
azfaraon:
Copy-Paste: http://realty-invest.ya.ru/replies.xml?item_no=835&ncrnd=1118

Bravo! It feels like you've been surfing the internet 24 hours a day or .... there are many of you :-)
 
Xadviser:
Mathemat:
azfaraon:
Copy-Paste: http://realty-invest.ya.ru/replies.xml?item_no=835&ncrnd=1118

Bravo! It feels like you've been surfing the internet 24 hours a day or .... there are many of you :-)
There is a word for such people - Encyclopaedist.
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