Why is the normal distribution not normal? - page 38
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
:)
Such an idyll... one doesn't want to spoil it.
Sounds as good as Zeno's paradox.
Poor Achilles can't catch up with the turtle. Well, he can't catch the turtle, that's all. Rigorously proven and cast in concrete.
I guess I'll just have to resign myself to that. I give up, you win!
:) :)
No, it's no fun.
You're so annoying. Just leave me alone.
Give me your definition.
♪ talking, using words that make sense to everyone ♪
Something slipped through the cracks, like spread, stopped, looked around, came to a common definition and went on pouring water.
Everyone has their own definition of a fair price, but that doesn't stop anyone from using it.
And if you ask everyone what the fair price of let's say gold is tomorrow ..... everyone will first look where it's worth....
break the concrete
Stop using words, uncle. Grown men, but they're really just making shit up. I didn't invent the phrase "fair price". It occurs quite often in very respectable authors both in our and English-language literature. And to my snot-nosed youthful mind it is a very useful phrase. Despite the fact that it is only a youthful fantasy, it is successfully used by all kinds of "Simons" and "Soros" in the management of solid portfolios.
Anyway, you can go on with your bullshit, picking on words if you have nothing else to do. I've made my point. If somebody wants, he will find something useful for himself.
Traders don't have such expressions, except for options, AS THE RESULT OF ONE MODEL (there may be a hundred of them). And you will be immediately told, "So why are you standing there? Go out and buy one for such a "fair price". Can't you? Well then, uncle, it's not a 'price', it's your idea of a price, which is nothing more than a fantasy."
Well, yes, it does. In authors. Authors of WHAT? It happens in bookkeepers who don't know how to record an asset at what price.
https://en.wikipedia.org/wiki/Fair_value
It is an accounting fantasy. What does this have to do with trading ?
You're the gearhead.
No swearing allowed !
>> tweaked. >> Is that better?
You can't take the line down.
Don't hurry up, it'll be your turn soon. I'm just busy right now.
...
>> we all have our own definition of a fair price.
...A fair price is a price that the market strives for, but as conditions are constantly changing, cannot reach. (my definition)
Don't hurry up, it'll be your turn soon. I'm just busy right now.
>> that's weak.A fair price is a price that the market strives for, but as conditions are constantly changing, cannot reach. (my definition)
Or maybe "but because conditions are constantly changing" it reflects those changes at any given time.
Not so interesting ............ .........
;)
>> break the concrete.
Well, I'll dig in gently, then.
tensions and expectations are subjecc tive, multidirectional and included in the last deal
1. I don't think all tensions are subjective. There are objective ones.
2. Some of them simply have not yet had time to manifest themselves in the prices of the instrument in question.
i.e. NOT ALL of them are included in the last trade.
give your definition
I already gave you one:
"Fair price" is the price the market would have come to if it had resolved all tensions and come to full agreement.
That is, it really is a fiction in the sense that it is never realisable in the objective world, but it has an impact on pricing.
I am not imposing my definition of "fair price". I just realized and stated mine, which I use in my modeling.
If it's useful to you, you can steal a few words, I won't be offended :)
Can I listen to yours in case it comes in handy?