2009.09.10 DRAIN THE BANKS - LIKE A RAT

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LibertHound
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby LibertHound » Wed Mar 25, 2020 12:56 am

TheRumpledOne wrote:TRO003.png

RED RATS FEASTING


I caught the RED RAT by his tail just before the NY open for +19 pips..
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby LibertHound » Wed Mar 25, 2020 10:10 pm

TRO,

About 2 hours before the NY open, I was able catch, saddle and ride the RED Rat for 48 pips...
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TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Thu Mar 26, 2020 12:36 pm

LibertHound wrote:TRO,

About 2 hours before the NY open, I was able catch, saddle and ride the RED Rat for 48 pips...


Nice trading!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Sun Mar 29, 2020 5:29 pm

CHEESE.jpg
CHEESE.jpg (30.76 KiB) Viewed 69 times



"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.

The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."

P64 HOW WE DECIDE (italics added)
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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