Testing real-time forecasting systems - page 41

 
Mathemat >> :

It's the phrase of the day, though it's a little late for me to notice it...

What's the phrase of the day?

 
NEKSUS_ >> :

Hi, I have a similar picture.

>> it's not pro, it's NNTP v1.3.

Let's see if it works, maybe not. Statistics is an exact science! Well, accurate in the probabilistic sense. :о)

 
grasn >> :

We'll see if it works, maybe it doesn't. Statistics is an exact science! Well, accurate in the probabilistic sense. :о)


Yeah, like you said: "the most important thing in our business is to wait." ^_^

 

I have nothing against the theory of probability, I just emphasize that its application at the exchange market and in any gambling is practically useless, based on statistics of course, not once convinced of my own bitter experience. And who believes that the theory of probability works, may get a great displeasure from the roulette table in the casino. As it will be the same at the exchange. Again, based on history. Same thing we look, long does not fall out Zero, the theory of probability with each throw of his fallout grows, it means if it has not fallen out for 72 times on the theory of probability of his fallout is already much more than 1/36, ie according to probability theory, it is time to put on the zero 1/36 state 36 times in a row. Try it... Or vice versa, I personally saw four consecutive zeros. Ie-after falling out the third probability of falling out the 4th in a row is 1/1679616, ie, you can live your life at the roulette wheel and did not see such a result, and I saw. But of course nobody bet on zero. The theory of probability is a sweet theory to explain a series of complex processes and events by means of simple arithmetic which once again proves the primitiveness of modern human thought. It contains nothing but arithmetic. Nothing useful except a reassuring hope. After another such hope some people shoot themselves in the forehead, etc., but maybe not you can calculate the probability of such an event and rejoice that the course of school mathematics was not passed in vain ))))

 

What a load of rubbish you are writing, Helex. If you don't know what a terver is, don't say such nonsense.

 
Helex >> :

I have nothing against the theory of probability, I just emphasize that its application at the exchange market and in any gambling is practically useless, based on statistics of course, not once convinced of my own bitter experience. And who believes that the theory of probability works, may get a great displeasure from the roulette table in the casino. As it will be the same at the exchange. Again, based on history. Same thing we look, long does not fall out Zero, the theory of probability with each throw of his fallout is growing, it means if it has not fallen out for 72 times on the theory of probability of his fallout is already much more than 1/36, ie according to probability theory, it is time to put on the zero 1/36 state 36 times in a row. Try it... Or vice versa, I personally saw four consecutive zeros. Ie-after falling out the third probability of falling out the 4th in a row is 1/1679616, ie, you can live your life at the roulette wheel and did not see such a result, and I saw. But of course nobody bet on zero. The theory of probability is a sweet theory to explain a series of complex processes and events by means of simple arithmetic which once again proves the primitiveness of modern human thought. It contains nothing but arithmetic. Nothing useful except a reassuring hope. After another such hope, some people shoot themselves in the forehead, etc., but maybe not calculate the probability of such an event and rejoice that their school mathematics course was not studied in vain ))))

Mathemat help me out!!!

You know I'm not rude and to say that the narrow slits on our colleague's helmet block the "optical" view and he just physically can't read what's being written, or maybe he doesn't care what's being written about, and keeps talking about some times and fractions. The price trajectory for 400 counts ahead is shown to him, and he mumbles "...the probability of getting the 4th one in a row is 1/1679616".

I can see why he's got a helmet, for the simple reason that

...some people put a bullet in their forehead.

he's definitely not scared!


And you can delicately explain to a respected colleague that he doesn't need to worry...

 
Mathemat >> :

What a load of rubbish you are writing, Helex. If you don't know what a terver is, don't say such nonsense.

>> while writing .... you've already answered. briefly, but... but succinct.

 
Helex >> :

I have nothing against the theory of probability, I just emphasize that its application at the exchange market and in any gambling is practically useless, based on statistics of course, not once convinced of my own bitter experience. And who believes that the theory of probability works, may get a great displeasure from the roulette table in the casino. As it will be the same at the exchange. Again, based on history. Same thing we look, long does not fall out Zero, the theory of probability with each throw of his fallout is growing, it means if it has not fallen out for 72 times on the theory of probability of his fallout is already much more than 1/36, ie according to probability theory, it is time to put on the zero 1/36 state 36 times in a row. Try it... Or vice versa, I personally saw four consecutive zeros. Ie-after falling out the third probability of falling out the 4th in a row is 1/1679616, ie, you can live your life at the roulette wheel and did not see such a result, and I saw. But of course nobody bet on zero. The theory of probability is a sweet theory to explain a series of complex processes and events by means of simple arithmetic which once again proves the primitiveness of modern human thought. It contains nothing but arithmetic. Nothing useful except a reassuring hope. After another such hope some people shoot themselves in the forehead etc., but maybe not you can calculate the probability of such events and rejoice that the course of school mathematics was not passed in vain ))))

I think you have a simplistic understanding of the application of statistics to the market. Statistics is very important in the sense that they can be used to determine the most likely market behaviour at a given time. For example, statistics states that the EURGBP currency pair trades mainly sideways during the Asian session. Dozens of pipsers, which determine the trading channel EURGBP and trade on reflection of the price from the borders of the channel during this session, are based on this. Elliott Waves and Fibonacci levels are also statistics. In a more general sense, the use of statistics is to observe the object behaviour in the past on numerous examples and make a hypothesis about its possible behaviour in the future. If a trade is based on one or two examples in the past, it is not statistics. If you claim that knowing how the market behaved in only one similar situation in the past is enough for you to trade successfully, then I hope you have enough money to drain a few deposits.

 
grasn >> :

while writing .... You've already answered. Briefly, but... but succinct.

you'll get 5446 posts and you'll get the hang of it.)

 

It's 5447 already. I'm proud of my posts and publications, terribly proud :)

P.S. Message to portal admins: please introduce an option to disable displayed rating for any user. I'll be the first to take advantage of this opportunity.