DislikedHello fti,
does this in any way explain the "volatility run of max 7 bars average 3" thingy from one of your earlier post, http://www.forexfactory.com/showpost...postcount=1423 ; that we were all trying to work out. It was kind of derive from one of your many acute observations.
yes, but it was completely way off? no, but it was completely way off? ;-)
The answer to your questions is a little hocus pocus, but I hope you can grasp the essence of the thought.
Ponder this 3 is a primary binary with one abnormality(oddity) or a pair with and odd if you like.
7 is a double pair with and odd.
If you understand the story of eden in the bible, after the creation of the heavens and earth (atmosphere & surface) then "land and sea" and its complimenting inhabitants, then the odd was created. (representative of himself) man. although in the process of creating man and eve, they were considered ONE. Eve was created from Adam. Althought sexually different, they were to be ONE, as eve was created to compimenet adam. So the double to one relationship. All in doubles but mankind in ONE. That's why no other creatures on earth enters into matrimony.
Therefore after the 7th, creation was complete and rested.
:referenced to Genesis, Bible,Torah.
Also ponder this, how many primary colours are there? 3 . correct
How many secondary colours derivations from the primary? 7 correct
Then the shades of the secondary, of different intensity.
:referenced rainbow and colours.
How may primary harmonic in sound ? 3 correct., low, flat, high
And how many secondary notes, derived A to G, 7 correct.
How many octaves? 3 correct, sharp, flat and minor.
then the pitch derivations from the basic octaves.
:referenced Music and Sound.
also reference String theory, Quantum physics.
If you understand plasma heat (NASA technology),
it is surprisingly 3 states of matter, solid, liquid and gases.
then within the ladder is the sub classifications of these. You gotta speak to scientist for details, My understanding is too elementary to explain the different levels up to slate level.
referenced Chemistry.
In the chinese Octogen , Pa Quah, I ching if you like, 2 binary of long , short with a radical. creating 8 possible combinations 2 of which is the solid and the broken deemed as the extremes. Combinationaly 6 +1 (2 extremes). Also the 3 opposing pairs.
:referenced I CHING.
In roulette. is 6 X 6 combinations in a circle with an oddity zero, making the possible combinations inexhaustable (infinite) colour of numerical combinations 3 red , black and green.
:Reference Roulete and Odds.
Sometime not so long ago , Afriend was explaining to me about data compression, and explaining something called "rice-compression",if not mistaken. About how with binary pairs, using hex and bits and bytes, a binany pair wit a predictor can guess lost data pieces, You gotta ask a geek about this one.
I can give you loads more but I think you get the idea.
Unfortunately , I am still unable to give you empirical evidence of this abnormality scientifically, so I will just say that 3 and 7 to me are important primes.
love your teaching style, I'm getting these new valuable distinctions in trading as you correct us, from many of your story-nuggets. gold.
with teaching to new trainee at Bank's Treasury, how did u handle new trainee that had bad days? and in low volatility days(limited market action)? and fti, u mentioned that attrition rate for traders in general is high.. what do u need to see in someone or what do they have to develop(show) that they got, to be accounted for further training and straighting up to become better traders? apologies for all these general questions.. just in a curious/questionary/(nosy?) mood today... feel free to bypass...
New trainee on bad days are assigned to the senior buddies to assist and learn. They are at liberty to return to their own portfolio the next daylight , with new lines.
It is very difficult to define the par excellence trainees,
Some of the qualities are Good health, speed, decisiveness( aggressiveness).
mathematically sound, ( can add 1+1), openmidedness and ability to learn and adapt. Normally decisive dealers have high egos, so we watch their exposures a little more closely.
There is no benchmark rules, not unlike trades, I tend to "feel" their characters. However, Noone gets to screw around with my book up 3 times and get away with it without review of skills.
anyway, cheers...Ignored
I hope the above explainations helps your understanding.
regards
, First you should say you are going to quit, and not try to quit. And those light Cigars, are maybe even worst than normal, cos to reduce nicotine and tar they endure some chemical process that its being transfer to your lungs.