You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
By the way, a 100% probability is achieved on a company of only 28 people.
not 32 ?
With 28 it is already a little more than 100%.
Of course probability > 1 does not exist in nature, it is figuratively expressed when 1 is reached by a margin.
In order to get a probability of at least 1, you need to have at least 365 different pairs.
It takes 28 people to make these 365 pairs: 28 people make 378 pairs.
Recall combinatorics - the number of combinations of 28 by 2.
Don't go all Taleb on me, Taleb has studied well, ouch! He's got it right.
First, consider the probability that none of the 23 DRs will coincide with any other. Put the first one in one of the 365 cells, and then try to put the second one. What is the probability that his DR is different from the first one? 364/365. OK, put the third one in. The probability that his DR is different from the other two is 363/365. And so on, the last one will have 343/365. As a result, we get the probability that all 23 will have different DRs:
p = 364*363*...*343 / 365^22.
This stuff can be calculated with higher mathematics, or you can just prolagarithm it and calculate it in XL in a minute:
ln(p) = ln(364)+ln(363)+...+ln(343) - 22 * ln(365)
The result is -0.70785. Potentiate it and you get 0.492703. So, the probability that at least two people will match is equal to 1 - p = 0.507297.
P.S. Well, probability 1 and higher :) is reached only at 367 people.
Don't get tough on Taleb here, Taleb studied well, oy malaica! He's got it right.
That's what I've been waiting for. Thank you, Alexei.
ps: Privat, DR refers to a specific day of the year, not the number of the month, i.e. 1 in 365.
(The combination of "8 identical candles in a row on EUR/USD and simultaneously on GBP/USD." True, not identical, as the number will be almost zero.
A maximum of 10 times (i.e. 0.08%) we encountered 8 bar combinations "on EUR/USD and simultaneously on GBP/USD". Moreover, it was
GBPUSD=01001001
Almost according to the request ("8 identical candlesticks in a row on EUR/USD and simultaneously on GBP/USD."), but only 10 times a year. i.e. it's not a question of any system/repeatability etc.
Actually, why did I start this answer - I personally - a trader - am not interested in "at the same time ".
What an amazing result! Thank you for your work.
I, too, am not interested in "at the same time". There must not be a system/repeatability. And although I theoretically assumed such a result, practical confirmation is always beneficial.
Although I do not really understand combinations and what does not equal mean? (....Pruth not equal, as the number will be practically zero.)
Did I understand correctly that 8 consecutive identical candlesticks on both pairs did not occur at all on the studied interval (even on M30)?
Don't go all Taleb on me, Taleb has studied well, ouch! He got it right.
Indeed. We're the underachievers :(
Thank you, Alexey!
Here, I came across it, liked it:
You can easily find the answer on the internet, but don't post it here - let the pundits think first ;)
Here, I stumbled across it, liked it:
Of course you should choose door number 2. The odds double or triple. I don't remember the exact calculations....))))))))))))))