The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Apr 18, 2016 5:36 pm

Years of study? No, it just needs to click.

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Mon Apr 18, 2016 8:49 pm

MightyOne wrote:I am buying a 6' craps table to test Space Wars money management in a truly random environment

If one sticks to place bets, lay bets, and hedging then it should be little different than a market environment.

Control is the name of the game, you decide: when to bet, how much to bet, what stays up, & what comes down.

Statistically, a shooter is good for 3 rolls of the dice before rolling a 7.
How many rolls before a shooter wins on a point when betting the pass line? 3.7 rolls (From the Wizard of Odds himself).

The Bible says that where there is true randomness there is no randomness at all for every decision belongs to the Lord:

prov_16_33.png


Proverbs 3:5-6 Authorized (King James) Version (AKJV)
5
Trust in the Lord with all thine heart;
and lean not unto thine own understanding.
6
In all thy ways acknowledge him,
and he shall direct thy paths.


Perfect opportunity for a skype/google group chat with your space pupils.
Afix the camera to the table.
Go around the horn rolling the dice and then asking each student what bet is to be placed.
It matters not who does the rolling or spinning in this environment.
Nothing to do with technicals yet everything to do with trading MM and Mindset.

Now that's my kind of gambling lesson.
#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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Re: The ideas that I trade by:

Postby MightyOne » Mon Apr 18, 2016 9:16 pm

prochargedmopar wrote:
MightyOne wrote:I am buying a 6' craps table to test Space Wars money management in a truly random environment

If one sticks to place bets, lay bets, and hedging then it should be little different than a market environment.

Control is the name of the game, you decide: when to bet, how much to bet, what stays up, & what comes down.

Statistically, a shooter is good for 3 rolls of the dice before rolling a 7.
How many rolls before a shooter wins on a point when betting the pass line? 3.7 rolls (From the Wizard of Odds himself).

The Bible says that where there is true randomness there is no randomness at all for every decision belongs to the Lord:

prov_16_33.png


Proverbs 3:5-6 Authorized (King James) Version (AKJV)
5
Trust in the Lord with all thine heart;
and lean not unto thine own understanding.
6
In all thy ways acknowledge him,
and he shall direct thy paths.


Perfect opportunity for a skype/google group chat with your space pupils.
Afix the camera to the table.
Go around the horn rolling the dice and then asking each student what bet is to be placed.
It matters not who does the rolling or spinning in this environment.
Nothing to do with technicals yet everything to do with trading MM and Mindset.

Now that's my kind of gambling lesson.


Only I am not teaching anyone anything, I simply share ideas. Students are a pain in the ass, probably worse than taking care of a baby...

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Tue Apr 19, 2016 1:31 am

MightyOne wrote:
prochargedmopar wrote:
MightyOne wrote:I am buying a 6' craps table to test Space Wars money management in a truly random environment

If one sticks to place bets, lay bets, and hedging then it should be little different than a market environment.

Control is the name of the game, you decide: when to bet, how much to bet, what stays up, & what comes down.

Statistically, a shooter is good for 3 rolls of the dice before rolling a 7.
How many rolls before a shooter wins on a point when betting the pass line? 3.7 rolls (From the Wizard of Odds himself).

The Bible says that where there is true randomness there is no randomness at all for every decision belongs to the Lord:

prov_16_33.png


Proverbs 3:5-6 Authorized (King James) Version (AKJV)
5
Trust in the Lord with all thine heart;
and lean not unto thine own understanding.
6
In all thy ways acknowledge him,
and he shall direct thy paths.


Perfect opportunity for a skype/google group chat with your space pupils.
Afix the camera to the table.
Go around the horn rolling the dice and then asking each student what bet is to be placed.
It matters not who does the rolling or spinning in this environment.
Nothing to do with technicals yet everything to do with trading MM and Mindset.

Now that's my kind of gambling lesson.


Only I am not teaching anyone anything, I simply share ideas. Students are a pain in the ass, probably worse than taking care of a baby...


Ok,
You've given the formula.
How bout a virtual game of craps?
Feeling lucky?

:shock:
#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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Re: The ideas that I trade by:

Postby MightyOne » Tue Apr 19, 2016 1:37 am

prochargedmopar wrote:You've given the formula.
How bout a virtual game of craps?
Feeling lucky?

:shock:


Can a computer generate a truly random number?

mit.edu

It depends what you mean by random…

“One thing that traditional computer systems aren’t good at is coin flipping,” says Steve Ward, Professor of Computer Science and Engineering at MIT’s Computer Science and Artificial Intelligence Laboratory. “They’re deterministic, which means that if you ask the same question you’ll get the same answer every time. In fact, such machines are specifically and carefully programmed toeliminate randomness in results. They do this by following rules and relying on algorithms when they compute.”

You can program a machine to generate what can be called “random” numbers, but the machine is always at the mercy of its programming. “On a completely deterministic machine you can’t generate anything you could really call a random sequence of numbers,” says Ward, “because the machine is following the same algorithm to generate them. Typically, that means it starts with a common ‘seed’ number and then follows a pattern.” The results may be sufficiently complex to make the pattern difficult to identify, but because it is ruled by a carefully defined and consistently repeated algorithm, the numbers it produces are not truly random. “They are what we call ‘pseudo-random’ numbers,” Ward says.

For most applications, a pseudo-random number is sufficient, he adds. “For example, if you want to do a random sampling of a large set of data, you’ll need numbers to feed into the program so that the samples are more or less evenly distributed. Using pseudo-random numbers is perfectly acceptable in this case because there’s no quantitative advantage in the degree of randomness.” Similarly, a CD player in “random” mode is probably really playing in pseudo-random mode, with a pattern that is discernible if you listen carefully enough.

Not all randomness is pseudo, however, says Ward. There are ways that machines can generate truly random numbers. And the importance of true randomness is not to be underestimated, he adds. “If you go to an online poker site, for example, and you know the algorithm and seed, you can write a program that will predict the cards that are going to be dealt.” Truly random numbers make such reverse engineering impossible, he adds. There are devices that generate numbers that claim to be truly random. They rely on unpredictable processes like thermal or atmospheric noise rather than human-defined patterns. The results might still be slightly biased towards higher numbers or even numbers, but they’re not generated by a deterministic algorithm. (A similar online solution is available at random.org.)—Jason M. Rubin

Thanks to Akash Jain, 17, from London, England, for this question.

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MightyOne
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Craps!

Postby MightyOne » Tue Apr 19, 2016 3:52 am

This is the table that I am getting (only with blue felt & no dealer chip rack)

I didn't know how many chips to purchase so I went with my gut and bought:

100 x $1
400 x $5
400 x $25
400 x $100
100 x $500
100 x $1000


aliassmith
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Re: Craps!

Postby aliassmith » Tue Apr 19, 2016 4:11 am

MightyOne wrote:This is the table that I am getting (only with blue felt & no dealer chip rack)

I didn't know how many chips to purchase so I went with my gut and bought:

100 x $1
400 x $5
400 x $25
400 x $100
100 x $500
100 x $1000



Looks like I'll need to bring a few $tacks over to play.
Trade Your Way as Long as It Makes Money!

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Apr 19, 2016 7:01 am

To goals not through goals...
sometimes you have to keep whispering this to yourself.



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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Apr 19, 2016 7:11 am

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Re: The ideas that I trade by:

Postby MightyOne » Tue Apr 19, 2016 4:47 pm

3 lines is 1%, be it SIXTEENS or TWOS.

Daily target is +12 lines, tell me that you can't make it work.

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