Interesting Financial Video - page 4

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I just advise you to have a look! Especially for those who are new to the market and want to make money. You can also take a look at those who have been in the market for a long time, but also without results!


 
Aziz Aliev:

I just advise you to have a look! Especially for those who are new to the market and want to make money. You can also look at those who have been in the market for a long time, but also without results!

It is useless. The ratio of losers to earners is predetermined. And even having a winning strategy won't help the majority. An experiment was conducted in which participants were given the opportunity to earn by guessing the outcomes in 300 coin tosses (eagle/ratchet). Players were given 25 real dollars each and had a grandiose deliberate 10% advantage. There were 61 young, reasonably qualified men and women who knew the winning strategy. The result of the experiment (win/loss) the participants could take with them as a cache. Briefly about the results:

  • 28% practically lost everything they were given. And these people had more than a 10-fold advantage over the casino.
  • Only 18 people (or 21%) out of 61 reached the possible maximum winnings of $250.
  • The average winnings were only $91 out of a possible $250.
  • And the most surprising thing is that almost 2/3 of participants bet on tails from time to time, knowing that heads had a 10% advantage.

So even with the grail, 1/3 of traders would keep losing and only 1/5 would reach their maximum possible winnings. Even with a stat advantage on their side, most will remain at a loss. And the most amazing thing is that people bet even against their advantage.

P.S. More details about the results of the experiment in the attachment.

Rational Decision-Making under Uncertainty: Observed Betting Patterns on a Biased Coin by Victor Haghani, Richard Dewey :: SSRN
  • papers.ssrn.com
What would you do if you were invited to play a game where you were given $25 and allowed to place bets for 30 minutes on a coin that you were told was biased to come up heads 60% of the time? This is exactly what we did, gathering 61 young, quantitatively trained men and women to play this game. The results, in a nutshell, were that the...
Files:
SSRN-id2856963.pdf.zip  2497 kb
 
Aziz Aliev:

I just advise you to have a look! Especially for those who are new to the market and want to make money. You can also take a look at those who have been in the market for a long time, but also without results!


excellent for the effort, two for the result!

 
 

EURUSD and GBPUSD Overview | Trading by Levels. Support and resistance levels.


Here is a review for March 15 on EURUSD and GBPUSD trading. This review is made by working on support and resistance levels. If you liked the video, please like it, I would appreciate it. Share the video with a friend or colleague, maybe this is the video he needs to see! Thank you, from the bottom of my heart)



 
EURUSD overview for March 15 | Levels trading

I suggest you to look at the review for March 15 on EURUSD trading. The review is made on work on levels of support and resistance. If you liked the video, please like it, I will thank you. Share the video with a friend or colleague, maybe this is the video he needs to see! Thank you, from the bottom of my heart)



 

I suggest you look at the March 15 review on GBPUSD trading. The review is made on working on support and resistance levels. If you liked the video, please like it, I would appreciate it. Share the video with a friend or colleague, maybe this is the video he needs to see! Thank you, from the bottom of my heart)



 

The first speaker says useful things, trivial but relevant


 
I suggest you look at the March 28 review on EURUSD and GBPUSD trading. The review is made on working on support and resistance levels. If you liked the video, please like it, I would appreciate it. Share the video with a friend or colleague, maybe this is the video he needs to see! Thank you, from the bottom of my heart)

 

Here is a review of the March 28-31 EURUSD trading. The review is made on the work on support and resistance levels. If you liked the video, please like it, I would appreciate it. Share the video with a friend or colleague, maybe this is the video he needs to see! Thank you, from the bottom of my heart)



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