The code

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

hi
Just wondered whether anyone watched The code (predictability), fascinating especially when thought of in the context of trading...
The crowd behaviour and pattern modelling was interesting too..very smart guys
Regards
Peter
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Got it on the Sky Box to watch when I have chance, looking forward to it.
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RafterP
Posts: 133
Joined: Tue Apr 21, 2009 10:41 am

Yeah was very interesting. Especially loved the 'jellybeans in a jar'.
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PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

RafterP wrote:Yeah was very interesting. Especially loved the 'jellybeans in a jar'.
Yes, not sure if that was pure luck, but you could easily equate that to the horse racing market too?, cant remember the term, "Wisdom of crowds?"
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convoysur
Posts: 187
Joined: Mon Jun 13, 2011 12:26 am

HI
ANY ONE GOT A LINK FOR IT.?
im seaching on youtube etc, but cant find it.
Thamks
Marc
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

It was on the BBC so should be on their Iplayer.
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convoysur
Posts: 187
Joined: Mon Jun 13, 2011 12:26 am

HI Andy
Thanks ,im in the irish republic,its not available in my area. so ill have find a proxy and sneak in under cover, hahhaha love all that cloak and dagger stuff,if it wernt for my religous views i would be a fantastic hacker..
Marc
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James1st
Posts: 318
Joined: Thu Apr 16, 2009 10:28 am

Finally cracked it; think I found the CODE

http://www.youtube.com/watch?v=tUcOaGawIW0

:idea:
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bilko
Posts: 147
Joined: Thu Oct 29, 2009 8:56 pm

Is off BBC iplayer enjoy:


http://www.tv-links.eu/tv-shows/The-Code_26517/
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rubysglory
Posts: 309
Joined: Thu Nov 04, 2010 7:02 am

Looks good. Hopefully shown soon here in Australia. Suppose I will have to be content with the Hollywood drama " Numbers " in the interim.

rg
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Here's a link relating to the program: http://www.bbc.co.uk/tv/features/code/

BTW, I question the common notion that the average of lots of independent guesses is likely to be highly accurate. Let's you were to map the guesses on a frequency histogram, with extremely accurate guesses at one end and extremely inaccurate guesses at the other. If normal distribution applies, then surely it follows that the average of the guesses will be nowhere near the extremely accurate guesses.

I think the theory put forward in this article offers a better explanation of why the Betfair markets are, on aggregate, so efficient: http://karmatics.com/docs/evolution-and ... rowds.html

Jeff
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rubysglory
Posts: 309
Joined: Thu Nov 04, 2010 7:02 am

Nice article. Like Jimmy Wales' analogy of the 'sausage'. LOL. :lol:

rg
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