Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (14639)	8/17/1999 7:40:00 PM
From: red_dog	Read Replies (2) \| Respond to of 29970

In a population of 1000 traders the laws governing trading say about 400 will lose a little, 300 will gain a little, 250 will lose a lot, and 50 will gain a lot in a given period of time called a run. Actually the distribution follows something called a Gaussian distribution which is lepto-kurtotic, negative in mean, with outliers. In the second run the members of each category above shift to other categories, and of the 50 in the big gainer category only about 10 will still be in that category after the second run. After n runs there exists one individual who has been in that category in each run. All the others have been winners and losers randomly in each run, but their average return approaches the negative expected return intrinsic to trading. Maybe some of the losers above would not have been losers had they only have traded out of there losing positions rather than that hold forever mentality that you seem to have. Also how can rely on the history of the above stats that you portray and not live with the history of the the charts that others have shown earlier. RG