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Longbar/Berche, my new thread...EA Request 21 replies

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I really thought this thread offers any kind of value. But now i've come to the conclusion that it's all just nonsense and BS. Pi has absolutely nothing to do with trading.Not at all.This whole discussion about probabilities and randomness is also a waste of time. Real traders make money just because of better information,knowledge and experience.That simple.Nothing more to say.
Quoting No-Luck
I really thought this thread offers any kind of value. But now i've come to the conclusion that it's all just nonsense and BS. Pi has absolutely nothing to do with trading.Not at all.This whole discussion about probabilities and randomness is also a waste of time. Real traders make money just because of better information,knowledge and experience.That simple.Nothing more to say.
Spot on
The future depends on what we do in the present.
Quoting tomtom
Thank you for the reply
I think I understand, at least partly where this is going. In an infinite stream of 50% probabilities there are always going to be for want of a better word sections or samples that do not reflect that 50% probability. Its like the picture you posted a while back of a chart with sections above the moving average blacked out. You are choosing the points where there are more heads than tails in the next 100 flips, kind of hard to explain. Which also relates to the point where you talked about the fallacy of averages and...
Crucial Point Has NO IDEA what he is talking about here.

he might be a good trader but he does not UNDERSTAND probability theory......he fails to allow himself to learn. Hanover has tried to explain the rule of large number... research central limit theorem.

www.extension.harvard.edu/open-learning-initiative/sets-counting-probability

(www.youtube.com/watch?v=uzkc-qNVoOk&list=PL24BE3BF4611D88F2)

that will give you an understanding what probability is.

it is ok to be wrong .....I am ignorant about a lot of things....but when you are repeatedly wrong despite other people trying to correct you, you dismiss an entire field of mathematics for your flawed human tendencies (this has been proven by neuroscience, psychology, and behavioral biology) then you speak on the matter as an authority ....that is called intellectual dishonesty.

for your own good Crucial Point please review the material above (I am far from disrespecting other traders.....I respect you too much to see you continue to make a fool out of yourself in the probability field. Not all OPINIONS are equally valid)
AVT INVENIAM VIAM AVT FACIAM
Quoting pa_pips
the redlion, I am not questioning the central limit theory as such. So I think you misunderstood me or I did not express myself clearly. I am rather asking to what extent has the assumptions of the central limit theory been discussed in terms of applying it in the context of this particular discussion. What I sometimes observe is that it is easy for us humans to misapply a theory by ignoring whether the assumptions are valid for the purpose that we want to use it.
duly noted ....in that case I apologize for my rant.

I actually do not think probability theory has been discussed at all in the proper sense and I am no expert on the matter however I do believe I have a rudimentary understanding of the subject..... However call it frustration or apathy, I really do not feel compelled to write a long post attempting to educate Crucial Point as he holds the firm and unshakable belief that his views are correct (perhaps she should submit his argument and win the novel price in mathematics)
AVT INVENIAM VIAM AVT FACIAM
Quoting CrucialPoint
Now free yourself from the prison of your mind, free yourself from your boxed thinking... You can calculate the volume without ever having access to it Do you remember your high-school mathematics? "Find the value of X"
Example:
Speed = Distance / Time: Example: If distance is 100m and time is 9.45sec, what is the speed? Example: If distance is 200m and speed is 10m/s, what is the time? Example: If time is 1hr and speed is 100m/s, what is the distance
Even if it decentralized, when you got the constants, finding the...
I do not believe this is right. Because there are tiny bars with huge volume.
My theory is Crucialpoint observes the price to see if it moves a certain distance in a short time, for instance if it moves 30 pips in 10 seconds, just as an example, maybe he has figured the price will continue for a certain pip distance further. Especially if price has stayed within a narrow price range for some certain length in time.

Don't bash my example for the values, just think that there is certain inevitability of price to continue to always move in some direction, and as everybody should know, the longer price stays the same, the bigger the move, when it does move...somewhere on this forum is buried a little thread by someone who made up a 5 second tick chart, and he would wait until it flatlined for a certain number of 5 second intervals, I think 4 or 5, and then set a straddle order with a very short TP, 3-5 pips...he had a 1 pip spread broker and would trade kinda high risk, and make 5-10 profitable trades each Asian session, with maybe 1 loss a day at the most. You'll know you've found his thread when you see his charts are gray have multiple MAs which he used to see that the breakout was happening, and that the price had been flat before that.
this guy seem to be promoting astrology.

Am I right ?

I use it too.
  • wendigo
    Joined Nov 2012
WENDIGO
Attached Image (click to enlarge)
Click to Enlarge Name: jackie chan my brain is full of fuck meme blank template lol wtf.jpg Size: 138 KB
New Jacko, or Jacko made comeback, with big fish in mind.

" I have secret, I will never sell it..... of course I could sell it with big, I mean BIG money, and lawyer makes papers and plaa plaa plaa.."

I am sure many people have given signal to buy with PM allready.

Earlier: "I use 3 indicators" moving averages,....Now: "instant trading", "trading in this monent"
Quoting CrucialPoint

· I work with only 2 timeframes: 1 minute and tick.
· I only use 3 indicators: Moving Average Envelope, True Strength Index and (I won’t disclose)
You said that you are not using history, and you said that you are scalping with the trend.
I believe trend is history, I believe MA envelope is history.

Anyways, do what you do.
CP Earlier: I mean my indicators are very selective pin-point entry and exit. Trades can last from 1min-1hr, generating between 10-20 signals within 12hrs.


CP Now: So let's be clear.... I do use data. But not historical data. I use present data.
Whatever is happening right this very second, that's what I make use off and not 1-5 mins/hrs/days ago.
Of course information may reach my computer with 30 secs delay, and you can call that history... You say tomato, other says tomatoe, but what does that achieve?


Okey. I dont mind. Just some logical errors.
  • wendigo
    Joined Nov 2012
crucialpoint does nothing but contradict himself i think he is just trying to act like he knows a lot when really he doesn't my thoughts crucialpoint is another moving average trader


WENDIGO
Quoting wendigo
crucialpoint does nothing but contradict himself i think he is just trying to act like he knows a lot when really he doesn't my thoughts crucialpoint is another moving average trader


WENDIGO
I am thinking more like momentum/moving average trader with donchian channels.......But some of his post way back did help a lot...he is the first one to tell me that a moving average was the average of the candles.

12 for 1hr would be the average of 12 hrs.....that was revelation to me back in the day. So I do not want be too harsh on him.
AVT INVENIAM VIAM AVT FACIAM
  • wendigo
    Joined Nov 2012
Quoting the redlion
I am thinking more like momentum/moving average trader with donchian channels.......But some of his post way back did help a lot...he is the first one to tell me that a moving average was the average of the candles.

12 for 1hr would be the average of 12 hrs.....that was revelation to me back in the day. So I do not want be too harsh on him.
hes helped me alot to in his journal but if he is a moving average trader or momentum channel trader just say it why the shroud of mystery when most people already know how he trades and trade the same way


WENDIGO
"what is it about?"

Making billions with Pi?

I dont disturb your path to fortunes anymore in this thread.

Have fun.
  • wendigo
    Joined Nov 2012
Quoting catiron
LOL - It cracks me up when people rip on CP! The frustration they feel because he JUST WON'T GIVE IT AWAY. It's amazing. Pretty sure that he said from his earliest posts that he will never reveal his method. So if you're reading just to see if he slips up sometime, give it up. Save yourselves the frustration.

I've read every one of his posts. I don't know his motivation, and I don't know his MYSTICAL method. What I do know is that he shows incredible wisdom of the markets, and I try to soak up as much as I can. If most traders follow the...
i feel no frustration at him not giving it away it because i already have my own style of trading seriously i just hate people contradicting themselves.. i dont need historical data(i trade with the trend and only need 2 or 3 indicators which are based on historical prices). seriously its not hard to see he or she is only here to make there head just that bit bigger by acting all smart and mysterious when really they trade just like everyone else here

WENDIGO
  • Post# 17
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  • Last Post: Dec 19, 2012 12:44am | Edited at 6:34am
CP:
Thanks for the posts.
wat i guess the third indicator u never reveal is fibo,am i right?
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