Apophenia as an apologist for clairvoyance in the capital markets. - page 5
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And if people today are the same as they were 10 years ago, 100 years ago, 1000 years ago, then the mechanism of value formation is the same today as it was 1000 years ago.
Again a naive judgement based on nothing but personal fantasy... For firstly, people change, albeit slowly, the way of life changes, the nature of thinking, and it would be the height of reckless childishness to try to equate trading of Paleolithic savages with modern exchanges or auctions...
Of course there are some of the most general principles of the trading process, but no more than that, no such over-generalising conclusions can be drawn from them, again a cognitive distortion of the author, no doubt caused by a lack of good education...
Besides, algotrading is gaining more and more strength, what to do with it...
How can "fractals and waves" explain dividend gaps? How will they explain the inverse correlation between the bond body and the central bank rate?
The author doesn't even seem to ask himself such questions due to his lack of basic financial knowledge.
Of course it is much easier to draw waves and fractals than to understand the real structure of markets.
And if so, the only thing that all the charts have in common is the underlying fractal, which is present in absolutely every chart.
It would be better to spend time studying real statistical phenomena of fractal dimension (Edgar Peters "Chaos and Order in Capital Markets" and the second book " Fractal Analysis of Financial Markets") than to be ashamed of this apotheosis.
What the waveformers and other forum fractalists do, they just say - look, here was a rise, then a correction and then a rise again - now would you be surprised at that. 😏
And then they draw unsubstantiated lines on the charts and go round and round, instead of somehow trying to assess the statistical significance of their fractals and waves, which will surely kill their naive religion, because it will quickly turn out that the significance is at a level indistinguishable from randomness. 🙂
Undoubtedly the topic will attract the attention of illiterate nerds and other degenerate individuals without a good education, who due to their naivety cling to the idea of magical predictions...
Using fantasies instead of facts allows them to prepare in advance for certain experiences and creates for them the effect of imaginary logical connections, equivocation, false analogies + a cascade of self-repeating, cognitive distortion resulting in sectarian religious thinking, a self-reinforcing process during which the belief in some super-valuable idea (fix idea) becomes increasingly credible through increasing its repetition.
All this is regrettable.
The whole thing is regrettable.
It's like watching a movie you don't like, swearing, but watching))))
What's there to be angry about? Of course, assumptions are beyond criticism and credibility. But in general further logic does not suffer. There are such works, the risk is that the initial assumptions are axiomatic and unproven, and there is a chance that the author will or will not guess.
Fractality to me is the similarity / sameness of the behaviour of small entities and the larger ones that are made up of those smaller ones. So the logicality of assuming that a person, a small group, a large group of people will make roughly the same decisions seems logical, but not proven. But the logic in theorist, quantum/discrete sciences is often not logical)
It's like watching a movie you don't like, swearing, but watching it))))
What is there to be angry about? Of course the assumptions are beyond criticism and credibility. But on the whole, further logic does not suffer. There are such works, the risk is that the initial assumptions are axiomatic and unproven, and there is a chance that the author will or will not guess.
Fractality to me is the similarity / sameness of the behaviour of small entities and the larger ones that are made up of those smaller ones. So the logic of assuming that a person, a small group, a large group of people will make roughly the same decisions seems logical, but not proven. And the logic in theorist, quantum/discrete science is often not logical)
Well I'm purely for truth and for cosmic Logos... 🙂 It's just sad to see the forum being attacked by carriers of delusional religious sectarian ideas... and yet some newbies will read and waste years of their lives on this nonsense...
As for "logic isn't logical" - it certainly isn't... Logic and all mathematics is complex but not contradictory, theorist certainly does not contradict even domestic logic in any way...
Fractality as a semblance of structures on different scales no one is denying, but in this case the problem is that uneducated people get some idea and start pushing it through without understanding real restrictions and methodology, this is how wave and fractal traders are born, sometimes there are also asush traders... 😏
Every tool, every methodology has to be applied adequately and with the prerequisites and limitations in mind, otherwise you get a primitive kargo cult... 😏
It's like watching a movie you don't like, swearing, but watching))))
What is there to be angry about? Of course the assumptions are beyond criticism and credibility. But on the whole, further logic does not suffer. There are such works, the risk is that the initial assumptions are axiomatic and unproven, and there is a chance that the author will or will not guess.
Fractality to me is the similarity / sameness of the behaviour of small entities and the larger ones that are made up of those smaller ones. So the logicality of assuming that a person, a small group, a large group of people will make roughly the same decisions seems logical, but not proven. But the logic in theorist, quantum/discrete sciences is often not logical)
What is "quantum and discrete science"?
Everyone has their own understanding of this, of course. Quantum mechanics, and parts of mathematics with discrete variables. Rows, too.
Mathematical models with continuous functions and discrete ones are very different.)
Well I'm purely for truth and for cosmic Logos... 🙂 It's just sad to see the forum attacked by bearers of delusional religious-sectarian ideas... and yet some newcomers will read and waste years of their lives on this nonsense...
As for "logic isn't logical" - it certainly isn't... Logic and all mathematics is complex but not contradictory, theorist certainly does not contradict even domestic logic in any way...
Fractality as a semblance of structures on different scales no one is denying, but in this case the problem is that uneducated people get some idea and start pushing it through everywhere in a vulgar way (aka monkey with a hammer) without understanding the real restrictions and methodology, this is how wave and fractalistic traders are born, sometimes there are also asushniki traders... 😏
Every tool, every methodology has to be applied adequately and with the prerequisites and limitations in mind, otherwise you get a primitive kargo cult... 😏
Why attack immediately)
Delivering the results of his, albeit erroneous, but his labours.
Eh, and used to subscribe to their opponents to the magazine of pig farming))))
Can 1,000 women go over the bridge at once. It can if there is a regiment of women nearby. Logic has nothing to do with it.