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Thinking Outside the Box!?!

  • #561
  • Jun 22, 2011 6:57pm Jun 22, 2011 6:57pm
maybe one of his chimps wrote it. lol
  • #562
  • Jun 22, 2011 7:02pm Jun 22, 2011 7:02pm
Quoting EmeraldEyes
maybe one of his chimps wrote it. lol
no doubt they all have ancient mythical names that no one has heard of and only he gets the inside joke.
Congratulations ScalaFX for coming out of the closet!
  • #563
  • Jun 23, 2011 4:24am Jun 23, 2011 4:24am
Quoting nubcake
funny stuff you two.... except the book wasn't about trading

oh, and p.s. i got it for a low low price. i still feel robbed of time though.

What was it about? Real Estate? LOL.

Proper Etiquette for forum boards? LOL.

Don't feel bad I've been ripped off before many times too... and I can say that on occasion I got information worth it's weight in gold. So they aren't all bad... but very rarely do you get anything of value in them.
  • #564
  • Jun 23, 2011 4:55am Jun 23, 2011 4:55am
Quoting nubcake
funny stuff you two.... except the book wasn't about trading
I thought it was on the mindset of trading the improbable, unavoidable, eventual outcome of the markets. Maybe I'm just a sucker for unique concepts outside the box though.
http://www.universa.net/home.html
  • #565
  • Jun 23, 2011 5:00am Jun 23, 2011 5:00am
Quoting EmeraldEyes
I thought it was on the mindset of trading the improbable, unavoidable, eventual outcome of the markets. Maybe I'm just a sucker for unique concepts outside the box though.
http://www.universa.net/home.html
that is what was implied, but only mentioned briefly. the rest of the book was him proving to himself how great he is, and then a few pages on the incorrect use of probabilities in medicine, science, and trading.
Congratulations ScalaFX for coming out of the closet!
  • #566
  • Jun 23, 2011 6:08am Jun 23, 2011 6:08am
I dont think many trading books are worthwhile to read.

If anything they just show what most people do repeatedly.
Once read a few, they just repeat after that the same.... fluff?

Heres one im going to start reading, wondering if anyones read it before?

http://www.psychologytoday.com/files...Irrational.jpg
  • #567
  • Jun 23, 2011 6:17am Jun 23, 2011 6:17am
Quoting Pipalicious
I dont think many trading books are worthwhile to read.

If anything they just show what most people do repeatedly.
Once read a few, they just repeat after that the same.... fluff?

Heres one im going to start reading, wondering if anyones read it before?

http://www.psychologytoday.com/files...Irrational.jpg
the 'fluff' is likely fluff, but the person using it probably makes a dollar or 2 with it. why this is the case is precisely the topic of 'fooled by randomness'.

let us know if the book is any good.
Congratulations ScalaFX for coming out of the closet!
  • #568
  • Jun 23, 2011 6:41am Jun 23, 2011 6:41am
Quoting nubcake
the 'fluff' is likely fluff, but the person using it probably makes a dollar or 2 with it. why this is the case is precisely the topic of 'fooled by randomness'.

let us know if the book is any good.
looks good... it makes me thing about how the market forces bad decisions..

like if you average down and make a profit.. then market told you its ok to average down.. over leverage.. and play luck

and when you make a good trade and it goes against you its saying.. don't make good trades..


the market will mind fuck you
  • #569
  • Jun 24, 2011 11:04am Jun 24, 2011 11:04am
If anyone Cares to explore some concepts of time here is an interesting show to watch...

I recommend starting at 11:50, then decide if you wish to watch the entire video

Inserted Video




Let me know if you have any interpretations then on how this relates to trading.. any ideas relating to time and trading are welcome

ENJOY!
  • #570
  • Jun 25, 2011 11:18pm Jun 25, 2011 11:18pm
Been reading your threads newyear and been very interested to see what people come up with, cheers About that video though, pretty sure the only thing i got out of it is those guys spend alot of "time" working out something our clocks and watches already tell us If we need to understand that maybe "time" as we have defined ourselves, is not true and relate that to learning how to trade currencies, then we all better become physicists pretty soon
josh
nollej is power..
  • #571
  • Edited 3:35pm Jun 26, 2011 9:38am | Edited 3:35pm
http://1.bp.blogspot.com/_DGktD0yTuc...ot_fractal.jpg

Being 5 year trader as well as mathematician I was convinced that it should be some "box" inside which the traders shouldn't trade. After reading several books I found very attractive shape of Mandelbrot fractal ( http://en.wikipedia.org/wiki/Mandelbrot_set) {also called strange attractor} inside of which you can find infinite number of complex figures which represents periodical functions (processes) with the periods from 1 to infinite as well as chaotic functions. So, inside this fractal there are some unpredictable periodical functions and chaos and in my opinion traders should avoid trading in this particular "box". In my feeling the most profitable and predictable forex chart functions would be the ones which accounts for the points outside the Mandelbrot fractal but very close to the boundary (although exact boundary does not exist due to fractal specification). Now I am trying to obtain more information regarding this fractal to develop my strategy.
  • #572
  • Jun 27, 2011 4:29am Jun 27, 2011 4:29am
Quoting pip_seeker
Someone thought "outside the box" and developed what we currently know as a second, minute, hour, day, week, month, year, lifetime.
Can you imagine saying to someone "hey mate, i'll meet you in 2hours and 40 milliseconds" lol "dont be late!"

Quoting pip_seeker
a team of scientists that proclaimed "We have made a huge discovery. Darkness is faster than the speed of light!"
When I shut my eyes and go to sleep for 5-6 hours, it feels like minutes have gone by, yet during the day, it feels like hours.

haha just messing chaps.
  • #573
  • Jun 27, 2011 3:05pm Jun 27, 2011 3:05pm
Quoting pip_seeker
Well alot of this is because people in general want to say something is at fault.

They would like to take the easy way out and "BLAME" something on their lack of understanding or the lack of the ability to think for themselves.

This isn't necessarily meant to point fingers at any one person. We are all guilty of it at one time or another. (The whoa is me excuse / have pity on me.)

IMHO the time thing as in the video is a cop-out... to say time doesn't exist or there's no such thing it's completely moronic to even think this way....
The video does not claim that there is "no such thing as time"

its a collection of several theories about time.. I personally found two interesting out of the bunch...
  • #574
  • Jun 27, 2011 5:20pm Jun 27, 2011 5:20pm
Quoting newyear498
If anyone Cares to explore some concepts of time here is an interesting show to watch...

I recommend starting at 11:50, then decide if you wish to watch the entire video

http://www.youtube.com/watch?v=GSqLeEpKHzQ



Let me know if you have any interpretations then on how this relates to trading.. any ideas relating to time and trading are welcome

ENJOY!
Hey NY, I like this series and love Morgan Freeman. Good post. Now if we could figure out how to use dark matter in trading, we would really be outside the box.
  • #575
  • Jun 27, 2011 5:45pm Jun 27, 2011 5:45pm
1010101110110110110110100010101010101001010101010110001010101011110110101
010101010010101

Is the code which solves time travel pretty far out hey!!!


And how dare you insult and deny the existance of the 1 almighty GOD, Hugh Hefner is my god!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #576
  • Jun 27, 2011 6:10pm Jun 27, 2011 6:10pm
Quoting GEfx
Hey NY, I like this series and love Morgan Freeman. Good post. Now if we could figure out how to use dark matter in trading, we would really be outside the box.
yeah using dark flow to push my trades in profit defying modern day science and mathematics
  • #577
  • Jun 29, 2011 7:20am Jun 29, 2011 7:20am
Just remember time is your most valuable currency
  • #578
  • Jun 29, 2011 7:22am Jun 29, 2011 7:22am
Inserted Video
  • #579
  • Jun 29, 2011 8:49am Jun 29, 2011 8:49am
Ok, heres a thought...:

How can you turn a stop loss, into a profit?
  • #580
  • Jun 29, 2011 8:58am Jun 29, 2011 8:58am
Quoting Pipalicious
Ok, heres a thought...:

How can you turn a stop loss, into a profit?
no idea you?

personally I like trading with an emergency stop and when things go bad I wait for a retrace and then I close my position.. so I reduce the risk more than simply letting price hit my stoploss at its lowest rally... which is usually what happens
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