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TheRumpledOne
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Postby TheRumpledOne » Wed Aug 19, 2009 1:02 am

"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

"REPETITION IS THE MOTHER OF SKILL"
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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MightyOne
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Postby MightyOne » Wed Aug 19, 2009 1:17 am

tradepar wrote:MO,

How do you select the first bar which is the starting point for drawing the angles?

Thanks


Magic...
that and experience.

When you know which angles you are using then the answer becomes obvious.

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es/pip
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Postby es/pip » Wed Aug 19, 2009 1:29 am

MightyOne wrote:
tradepar wrote:MO,

How do you select the first bar which is the starting point for drawing the angles?

Thanks


Magic...
that and experience.

When you know which angles you are using then the answer becomes obvious.


i cant figure it out either :oops:

u referenced this before----------- but wherever i decide to draw the box it always seems to follow the 45*---- i know bec it is a perfect square---- but i still cant figure out anything

lol

q1--- " When you know which angles you are using then the answer becomes obvious"

---- does this mean knowing in advance based on the previous angled channel--- meaning the increase by 2 or decrease by .5

or

meaning that you know most likely what angle to draw based on what group it is in
Bend over and assume the position for another 4 years of hope and change.

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MightyOne
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Postby MightyOne » Wed Aug 19, 2009 1:32 am

es/pip wrote:
Patch wrote:monolisa
How did you develop your trading disciplines?
Patch



1 thing she has in her favor

---- she is female


females make better traders than males


its just a fact

always has been always will be

females think more like traders are supposed to think---- it is a psychological thing


Ok,

Dragon33, es/pip, and myself VS three girls on this or any forum ;)

tradepar
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Postby tradepar » Wed Aug 19, 2009 1:32 am

I love magic, specially if I can do it!!!

I see that you have used last swing high and highest low before that to draw the angles.

Mo or anyone ,
How do you draw angles in MetaTrader? I am using trendlines and equidistance channel to draw the angles. But how do I draw wxact angles like 25, 35 etc.


Thanks

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es/pip
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Postby es/pip » Wed Aug 19, 2009 1:35 am

MightyOne wrote:
es/pip wrote:
Patch wrote:monolisa
How did you develop your trading disciplines?
Patch



1 thing she has in her favor

---- she is female


females make better traders than males


its just a fact

always has been always will be

females think more like traders are supposed to think---- it is a psychological thing


Ok,

Dragon33, es/pip, and myself VS three girls on this or any forum ;)



i'm all in on that one :D
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Wed Aug 19, 2009 1:40 am

MightyOne wrote:
es/pip wrote:
Patch wrote:monolisa
How did you develop your trading disciplines?
Patch



1 thing she has in her favor

---- she is female


females make better traders than males


its just a fact

always has been always will be

females think more like traders are supposed to think---- it is a psychological thing


Ok,

Dragon33, es/pip, and myself VS three girls on this or any forum ;)




i never said males couldn't change their mind to fit the correct frame :wink:
Bend over and assume the position for another 4 years of hope and change.

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prochargedmopar
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Postby prochargedmopar » Wed Aug 19, 2009 1:44 am

monolisa wrote:Well done, Pro! Keep up the good work :)

Remember not to let your trigger finger do the work. Let the chart tell you when to exit and stay disciplined.

Lis


Lis,
Did you notice the volume indicator readings on the breakout??

#1 red climax high= wide spread up bar(effort made progress)
#2 4 low volume small bodies testing selling pressure.
#3 the green high churn bar on last push down...
#4 3 bars rising with larger spreads on increasing volume to push through.

Interesting but quick on the m1 chart.

Image

:twisted:
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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MightyOne
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Postby MightyOne » Wed Aug 19, 2009 1:49 am

tradepar wrote:I love magic, specially if I can do it!!!

I see that you have used last swing high and highest low before that to draw the angles.

Mo or anyone ,
How do you draw angles in MetaTrader? I am using trendlines and equidistance channel to draw the angles. But how do I draw wxact angles like 25, 35 etc.


Thanks


You use the trendline by angle tool or you draw a perfect square and have Dee's expert draw them all for you...
or you can do what PRO did and buy a protractor :lol:

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monolisa
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Postby monolisa » Wed Aug 19, 2009 2:04 am

Pro,

Good use of volume, mate.

Lis

prochargedmopar wrote:
monolisa wrote:Well done, Pro! Keep up the good work :)

Remember not to let your trigger finger do the work. Let the chart tell you when to exit and stay disciplined.

Lis


Lis,
Did you notice the volume indicator readings on the breakout??

#1 red climax high= wide spread up bar(effort made progress)
#2 4 low volume small bodies testing selling pressure.
#3 the green high churn bar on last push down...
#4 3 bars rising with larger spreads on increasing volume to push through.

Interesting but quick on the m1 chart.

Image

:twisted:
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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