Aspects of your trading appear in this video, worth a watch.
http://www.youtube.com/watch?v=1tSqSMOyNFE
Is Punishment or Reward More Effective?
Fantastically interesting video, thanks. I find it particularly interesting because 'Regression to the Mean' is something that I had to understand, so see why my historic analysis varied from actual future results.
It also explained very well the reason why speed cameras are not as effective as they appear to be when looking at the before/after statistics on accidents. I've had that conversation with people a lot and although I knew the truth, I never managed to explain it very well.
The references to 'Patterns in Causality' is also important for traders and Quants (I still love that term).
Excellent use of 7 minutes of my time
It also explained very well the reason why speed cameras are not as effective as they appear to be when looking at the before/after statistics on accidents. I've had that conversation with people a lot and although I knew the truth, I never managed to explain it very well.
The references to 'Patterns in Causality' is also important for traders and Quants (I still love that term).
Excellent use of 7 minutes of my time