Forum: Psychology and Money Management
January 11th, 2012, 01:47 PM
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Replies: 204
Views: 64,785
OK, traitor, let me try this approach. All...
OK, traitor, let me try this approach. All probabilities that are being discussed in this coin flip example are in the future. If the coin flip has already occurred then the probability of its...
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Forum: Psychology and Money Management
January 9th, 2012, 07:42 PM
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Replies: 204
Views: 64,785
Progressive betting strategies
I liked reading this thread, especially Fat Tails rock-solid explanations about the gambler's fallacy. The summary in post #2 is also helpful.
If some still believe that strings of outcomes and...
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