StockFetcher Forums · General Discussion · Edward de Bono's Message for Today - 25th June 2006<< >>Post Follow-up
TheRumpledOne
6,358 posts
msg #45244
Ignore TheRumpledOne
6/24/2006 1:01:45 PM

Edward de Bono's Message for Today - 25th June 2006

In the game of backgammon the throw of the dice indicates the number of moves a player is allowed. But the player decides how to allocate these moves between their different playing pieces. The winner is the player who can make the best use of chance. Bookmakers earn their living by maximizing on chance. They benefit from the difference between the perception of risk and the actual probability of risk. Although we are frequently victims of chance and uncertainty we can also use them to our benefit.

Edward de Bono, 1998. "Thinking for Action - Edward de Bono's Super Mind Pack"
Published by Dorling Kindersley 1998.

..............................................................................

That's one reason why I run statistics on the stocks I trade.




ScenicRoute
24 posts
msg #45245
Ignore ScenicRoute
6/24/2006 1:24:51 PM

TRO

I am fairly new to trading - what do you mean when you say you "run statistics" on the stocks you trade.

I would appreciate your response


TheRumpledOne
6,358 posts
msg #45247
Ignore TheRumpledOne
6/24/2006 2:28:24 PM

If you search my posts you will find many display filters I created that tell you statistics on stocks. Statistics.. how many days out of the last 100 days a stock did X.

The PRICE VOLUME display would be a good place to start.

Then look at the work I have been doing on the MIDDLE.

HTH.


StockFetcher Forums · General Discussion · Edward de Bono's Message for Today - 25th June 2006<< >>Post Follow-up

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