What Does Gamblers Fallacy Mean To You?

[I have cookies]

G'day,

I have yet to be rude in any post that I've made (under this username),
BUT, I have cookies, Jordan27 & Bayes your lack of actual knowledge on this subject
is not only laughable but has me feeling the way the first people trying to extol the belief
of 'a round earth' to the ignorant flat earthers that can't / won't evolve!

All 3 of you mention portions of my always winning system!

MiniBaccarat I hope you feel better now - after that reply - and I would not use words like moron, stupid or idiot as I would not like to offend you.

Taste this combination - words + state of mind = ?

I think it is great that you know what you do and make money, enjoy and have fun, good for you.

Take care ...

[moles40]

Yes, trends come and go all the time. You "just" need a crystal ball to take advantage of them.  

If you don't have a  crystal ball, you can jump on an (apparently) emerging trend just like Gizmo recommends. Nothing is stopping you playing trends. The problem is, the number of times the trend continues (and you make a profit) vs the number of times it doesn't (and you make a loss) adds up to a loss. Anyone can prove this for themselves with enough time and effort (and preferably some programming skills).

This has been done time and time again and has shown to yield no advantage whatsoever. If you're not convinced, then do the work yourself and move on.

Well its certainly not easy,sometimes the trend will continue for a long time,then again sometimes it changes very quickly,you just hope the trend continues more time than it doesn't,so that way you will be in profit.Its not for the faint-hearted  

I notice over at gg someone offered 10,000  dollars if anyone  could guess the correct outcome of an E/C roulette bet 65% of the time,now Spike and gizmotron have been full of themselves that they can do this at a breeze,yet neither of them took up the challenge.

Odd that,considering how long they have been banging on about how easy it is to guess at that rate,when someone offers them money to prove it they both backed down

Well they are certainly full of something that's for sure

[Rheti]

Sensing

Sensors pay attention to both immediate data from their five senses and from their own direct experiences. They are create meaning from conscious thought, rather than trusting their subconscious, limiting their attention to facts and solid data. As necessary, they will happily dig into the fine detail of the situation.

They focus on what is immediate, practical and real, and live life as it is rather than trying to change the world.

They like logic and tend to pursue things in a clear sequence. At work, they will have a clear schedule and like to use their proven skills in tactical situations.

They may be seen as frivolous or short-sighted by Intuitors.
Intuiting

Intuitors process data more deeply than sensors and are happy to trust their subconscious and 'sixth sense', gut feel, intuition or whatever you want to call it.

They are good at spotting patterns and taking a high-level view, as opposed to digging into the detail.

They like ideas and inspiration and tend to have a focus on the future, where they will plan to change the world rather than continue to live in the imperfect present.

At work, they like to acquire new skills and working at the strategic level.

They may be seen as impractical, theoretical and lacking determination by Sensors.

this is Mbti talking..

My impression on this subject..

There are Sensors... There are Intuitives..

[Rheti]

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