ah, got it.. fill or kill
Today's Horse Racing
If it's pissing down with rain outside I would take an umbrella, rather than to look at historical weather data and conclude the average day in June in my area is dry and sunny!
Last edited by Derek27 on Fri Jun 15, 2018 6:41 pm, edited 1 time in total.
- ShaunWhite
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If you had his head, presumably you'd have his psychology too?ruthlessimon wrote: ↑Fri Jun 15, 2018 5:53 pmOnce Sergio Canavero transplants Peter's head to mine - & it doesn't improve my trading - then I'll buy Trading in the Zone
All the psych stuff isn't just to figure out how you tick, it's to figure out how other people tick. Afterall, we are all just traders of peoples' behaviour.
You might be a flawless psychologically perfect robot, but thankfully most people aren't.
- ShaunWhite
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Simon doesn't believe in the here and now Derek, unless it's the same here and now as is proven to have existed >50% of the time there and then I'd counter recency bias with responsiveness in psychology Top Trumps.Derek27 wrote: ↑Fri Jun 15, 2018 6:21 pmIf it's pissing down with rain outside I would take an umbrella, rather than to look at historical weather data and conclude the average day in June in my area is dry and sunny!
- ruthlessimon
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Hmmm yah.. Just his spreadsheets thenShaunWhite wrote: ↑Fri Jun 15, 2018 6:41 pmIf you had his head, presumably you'd have his psychology too?
You might be a flawless psychologically perfect robot, but thankfully most people aren't.
See I'd reword that to:
"Thankfully most people don't have an edge"
I wonder what market comprised of only Peterites would look like. Dull, flat, tepid - No-one would take a price
- ruthlessimon
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I prefer this one.
Disney Florida. Looking outside, & it looks lovely (recently bias). But just over the horizon, there's a hurricane brewing - & the meteorologists can predict when it'll hit, where it'll hit, what the damage will be (wind or flood). Allowing resistents to either flee or budget on protection (i..e board-up windows or sandbags etc).
By the time you see the hurricane, without taking the advice of the meteorologists, you'll be dead! No flights, no shops etc.
On a slightly more serious note, the hurricanes are becoming more frequent (global warming), the markets are changing, perhaps permanently.ruthlessimon wrote: ↑Fri Jun 15, 2018 7:15 pmI prefer this one.
Disney Florida. Looking outside, & it looks lovely (recently bias). But just over the horizon, there's a hurricane brewing - & the meteorologists can predict when it'll hit, where it'll hit, what the damage will be (wind or flood). Allowing resistents to either flee or budget on protection (i..e board-up windows or sandbags etc).
By the time you see the hurricane, without taking the advice of the meteorologists, you'll be dead! No flights, no shops etc.
That race where Shaun got stung on the favourite, I got stung on the second favourite, but I think the entire market moved at the same time. Presumably a big back on the favourite 30 ticks below current price would have Betfair's cross-matching servers at melting point. Previously a big move on one horse would have a significantly slower affect on all the other runners, and I'm beginning to change the way that I trade as a result.
Earlier loose horse decided to do a few laps of honor before the race even started so its put everything back