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Nevandal
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PostPosted: Tue Nov 22, 2011 11:33 am 
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Consider these facts:

1. I'm not Warren Buffet, and I'm not trying to be, and I'm not making the same type of trades as him on any level.

2. I don't want to be a platoon leader, or in the military ever.

3. My balls

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Khross
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PostPosted: Tue Nov 22, 2011 11:45 am 
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Nevandal wrote:
I'm not Warren Buffet, and I'm not trying to be, and I'm not making the same type of trades as him on any level.
That's ok, Warren Buffett knows how to find a dictionary.

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Corolinth wrote:
Facism is not a school of thought, it is a racial slur.
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Nevandal
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PostPosted: Tue Nov 22, 2011 11:48 am 
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So do I.

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Khross
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PostPosted: Tue Nov 22, 2011 11:52 am 
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Nevandal wrote:
So do I.
Apparently you don't ...

If you flip a coin 7 times, how often will that coin land on the same face 7 times in a row?

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Corolinth wrote:
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Nevandal
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PostPosted: Tue Nov 22, 2011 11:53 am 
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Less than 1%

I know what you think, I just disagree.



I'm not flipping coins, either. Also, I'm not flipping the same coin that has a 50% chance 7 times in a row.

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Last edited by Nevandal on Tue Nov 22, 2011 11:56 am, edited 1 time in total.

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Khross
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Nevandal wrote:
I know what you think, I just disagree.
Right, so, if you're going to do this ...

You should be able to answer the question I asked you without the aid of a search engine.

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Corolinth wrote:
Facism is not a school of thought, it is a racial slur.
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Corolinth
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PostPosted: Tue Nov 22, 2011 12:01 pm 
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I'll help. The probability is 0.0078125.

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Hopwin
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PostPosted: Tue Nov 22, 2011 12:06 pm 
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Nevandal wrote:
Thanks :)


I've actually been putting in a lot of hard work, and I'm 100% confident I'll succeed. Plus, with trades, it will grow at an exponential rate.

I'm [starting out] trading penny stocks, so the risk/reward is much higher, but at my age I can accept this higher level of risk. I'm pretty solid at managing my risk and maximizing gains.


One of the things I like about it is I can just do what I want. You see, to succeed in the corporate world, you not only have to be good at what you do, you have to convince other people you're good at what you do, and prove it to them, and you have to deliver consistently. At my J.O.B. my performance had very little to do with my pay, and now it's the other way around. Now if I don't feel like working, I can have an off day when I want, and come back full force the next day. Or if I feel like I have extra energy, I can work harder and get rewarded for it directly without having to suck up to some boss or dress like a damn yuppie. I hate yuppies.

I have a few other plans to supplement my trading, and even more plans that I'll be able to act on once more funding comes in, from my trading.

I have a few different ideas for freelance work I could easily do, as well as blogging. I'm getting back into web design and I have about 5 or 6 solid ideas that could generate different streams of mostly passive income. I know people that can help me with this. I'm learning new things every day.

I have a pretty high tolerance for risk, and one of my all encompassing ideas is generating mostly passive income, and I style my ideas around this concept. My ultimate goal is free time, not lots of money....however, the money will come in droves. It's only a matter of time, really.


All I can say is:

Spoiler:
Image

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Lex Luthor
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PostPosted: Tue Nov 22, 2011 12:13 pm 
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Corolinth wrote:
I'll help. The probability is 0.0078125.


I'm not sure it would have that many significant digits in real life, since the coin isn't a perfectly symmetrical shape.
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Nevandal
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PostPosted: Tue Nov 22, 2011 12:15 pm 
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Corolinth wrote:
I'll help. The probability is 0.0078125.


I'm sorry I didn't know it was required of me to give an exact answer. Especially since there was no penalty for lack of expected reply.

Hopwin wrote:
All I can say is:

Spoiler:
Image



That's great. Why is it that people use raw bacon for this sort of thing, though? Cook it first! It's only tasty if it's cooked :)

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Lex Luthor
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PostPosted: Tue Nov 22, 2011 12:15 pm 
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Nevandal,

Can you still collect unemployment even though you quit?
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Nevandal
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PostPosted: Tue Nov 22, 2011 12:16 pm 
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Not sure. I haven't looked into that yet. I think in my state I have to wait 3 months before I can file if the employment ended voluntarily.

There was just no way I was going back to that cluster...

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Lex Luthor
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PostPosted: Tue Nov 22, 2011 12:19 pm 
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I think you screwed yourself over because it would be advantageous to start collecting unemployment. Since you didn't get fired immediately you could just keep going and work on your investment project on the side.
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Khross
PostPosted: Tue Nov 22, 2011 12:20 pm 
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Alright, so if you flip that coin 100 times, what percentage of 100 flip samples will contain at least one string of 7 same-side results?

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Corolinth wrote:
Facism is not a school of thought, it is a racial slur.
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Nevandal
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PostPosted: Tue Nov 22, 2011 12:22 pm 
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Lex Luthor wrote:
I think you screwed yourself over because it would be advantageous to start collecting unemployment. Since you didn't get fired immediately you could just keep going and work on your investment project on the side.



See, that was the plan.

Temporary setback.


I really couldn't go back...


Khross wrote:
Alright, so if you flip that coin 100 times, what percentage of 100 flip samples will contain at least one string of 7 same-side results?



I don't know.

I would probably guess the same probability. 0.7%

I didn't know I was in for a math test today.

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Micheal
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PostPosted: Tue Nov 22, 2011 12:33 pm 
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Rounded, 0%

There is a chance of there being one such string in any random 100 flips, the chance is extremely low - unless you cheat.

That is the practical answer, I'm not doing the math, I'm not sure I still can without looking up how.

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Khross
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PostPosted: Tue Nov 22, 2011 12:35 pm 
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Nevandal wrote:
Khross wrote:
Alright, so if you flip that coin 100 times, what percentage of 100 flip samples will contain at least one string of 7 same-side results?

I don't know.

I would probably guess the same probability. 0.7%

I didn't know I was in for a math test today.
Yet, you want us to believe you're going to successful at day trading while continuing to perpetuate precisely the kind of personality and behavior that cost you your last job? Careless interpersonal behavior aside, the problem here isn't the "world"; it's not corporations; and it's not what you know or do not know. It is absolutely your behavior and lack of discipline. Honestly, I don't care what you do; I do, however, find it thoroughly amusing that you take pride in eschewing the collected knowledge and experience of people who have lived longer lives than you. It doesn't matter if you agree with me; it doesn't matter if you're good at math or not; we're talking about a system so complex that Goldman Sach's has a billion dollar computer that's only producing acceptable numbers 14% of the time.

Maybe a different path will help you understand.

Of all the great sports streaks during the Twentieth Century, how many of them were truly statistically improbable?

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Corolinth wrote:
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Nevandal
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PostPosted: Tue Nov 22, 2011 12:38 pm 
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So what kind of average annual gain do you think is a realistic goal for me, and what annual % gain would be unrealistic in your opinion?

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Taskiss
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PostPosted: Tue Nov 22, 2011 12:41 pm 
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Khross wrote:
Maybe a different path will help you understand.

Of all the great sports streaks during the Twentieth Century, how many of them were truly statistically improbable?

Not sure, strictly speaking, this can be determined mathematically...

To be truly "great", they would each have to be unique, pretty much by definition statistically improbable.

Your definition excludes anything probable.

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Nevandal
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PostPosted: Tue Nov 22, 2011 12:43 pm 
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Khross wrote:
...It is absolutely your behavior and lack of discipline.



See, that's the thing. You're only seeing a small subset of my behavior and discipline. Instead of acknowledging this simple fact, you continue to argue with me on an Internet forum, despite your apparent knack for mathematics and academia in general.

Also, like I said before: I'm not flipping coins, and I'm not flipping the same coin 7 times in a row.

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Last edited by Nevandal on Tue Nov 22, 2011 12:45 pm, edited 1 time in total.

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Diamondeye
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PostPosted: Tue Nov 22, 2011 12:45 pm 
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Nevandal wrote:
2. I don't want to be a platoon leader, or in the military ever.


So? People in the military are people too. Just like real people, they respond better to people of a polite and friendly demeanor, especially people who can be that way even if there's a disagreement. Sure, you can bark out orders all the time, and to a degree you can tell your superiors that they're all **** up, but you're going to get much better results when you treat other people the way you want to be treated. Yelling and screaming is for emergencies, when someone has royally screwed the pooch, or for basic trainees.

Part of why people with military backgrounds are valued in most lines of work is people management skills.

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Nevandal
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PostPosted: Tue Nov 22, 2011 12:46 pm 
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You're right, it does pay to be nice to people.
I'm definitely not arguing with that.



I will say this:

Most people put on a front, one that I can easily see through, to disguise their true thoughts. They do this because they're being polite or they want to make a good impression, or acting polite out of respect, etc. There is nothing wrong with this. What I do have a problem with, is that most of these people turn around and say the opposite and talk behind your back, and then they have the audacity to lie when you ask them about it. I despise that type of behavior. So, to those people and anyone who associates with those people, I ignore. Also, I try to take a more direct approach with these people and tell them what I think of them directly. Usually after this, they don't like me very much. That's okay, though. I lose respect for these people long before they lose respect for me. Yet, somehow, these are the people complaining about my behavior.....and honestly by that point I don't really care if I can get these types of people to work with me or not. I prefer to do things on my own anyway...more gets done with less work and less hassle.

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Last edited by Nevandal on Tue Nov 22, 2011 12:53 pm, edited 1 time in total.

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Khross
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PostPosted: Tue Nov 22, 2011 12:51 pm 
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Taskiss wrote:
Khross wrote:
Maybe a different path will help you understand.

Of all the great sports streaks during the Twentieth Century, how many of them were truly statistically improbable?

Not sure, strictly speaking, this can be determined mathematically...

To be truly "great", they would each have to be unique, pretty much by definition statistically improbable.

Your definition excludes anything probable.
You'd think that, but you need to go back to that word I told Nevandal to look up ...

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Diamondeye
PostPosted: Tue Nov 22, 2011 12:51 pm 
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I don't really mean be "nice" to them. I mean, treat them with some basic respect. Those are two different things.

Let me put it another way. When I catch aliens, I'm not particularly "nice" to them. I tell them exactly what to do, when to do it, and I'm not there to be their friend. However, I don't cuss at them, use foul language, or demean them. I address them as Senor or Senora or Senorita unless they give me a hard time or they're a kid.

This allows me to get done what I need to get done in a timely, efficient manner and without the need to roll around on the ground having a scuffle.

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Nevandal
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PostPosted: Tue Nov 22, 2011 12:57 pm 
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Diamondeye wrote:
I don't really mean be "nice" to them. I mean, treat them with some basic respect. Those are two different things.

Let me put it another way. When I catch aliens, I'm not particularly "nice" to them. I tell them exactly what to do, when to do it, and I'm not there to be their friend. However, I don't cuss at them, use foul language, or demean them. I address them as Senor or Senora or Senorita unless they give me a hard time or they're a kid.

This allows me to get done what I need to get done in a timely, efficient manner and without the need to roll around on the ground having a scuffle.



I agree with you 100%, and unless someone is on my sh*tlist or has said something to seriously piss me off and that person cannot be ignored without affecting my livelihood, then I do treat people with respect.

Khross wrote:
Taskiss wrote:
Khross wrote:
Maybe a different path will help you understand.

Of all the great sports streaks during the Twentieth Century, how many of them were truly statistically improbable?

Not sure, strictly speaking, this can be determined mathematically...

To be truly "great", they would each have to be unique, pretty much by definition statistically improbable.

Your definition excludes anything probable.
You'd think that, but you need to go back to that word I told Nevandal to look up ...



I would venture to say that each of of the "great sports streaks" during any period of time are statistically improbably. That's what makes them great sports streaks.


I realize these things are, or can be unpredictable and random.


Get to the point, Khross. I'm not going to keep coming back here just to figure out your math problems and look words up in the dictionary just because you want me to.

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