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Showing posts from October, 2010

Game Theory - Putting yourselves into other people's shoes

Game Theory - Putting yourselves into other people shoes. Does one do this was my first response. Should one consider this idea at all. One must play the student to grow. Why did I have a hard time doing this or shall I say wanting to do this. Is it the task that I would write or the idea of considering. I would like to think that this has been so ingrained in me by my teachings that I it understood through this statement of people who are in my field of attention: If everything is made up based on my thoughts and ideas, reality is my perception than I only want the best of the best in my field. My friends and players all adopt a win win strategy. They all are more than fair. Coolfittings, a cool fit is a good fit don't force it is my strategy. I think its silly in a way to want to put myself in someone else's shoes. It's halloween today and I am invited to a halloween party. I thought about dressing up yet there is no I'd rather be than me. How do you play a game. In b

Game Theory - Lessons 1 - 5: The idea

Game Theory - Lessons 1 - 5: Thoughts always need to be fertilized and nurtured patience. Game theory has always interested me. The idea of "this" being a game of sorts always intrigued me considering gaming is an intricate part of getting along in the world. Thanks to Yale open source, and Academic Earth, I have projects to last a few years. Initially I was going to provide my first thought after watching the lecture, reading the lecture, and studying the notes. That will be the system I will follow prior to writing my interpretation. Feel it will be more digestible to me the Alpha and you the Beta. Game Theory Definition. We say that my strategy Alpha strictly dominates my strategy of Beta if my payoff from Alpha is greater than that from Beta, regardless of what others do. Lesson 1: Do not play a strictly dominated strategy Lesson 2: Rational choice can lead to bad outcomes (for you) Lesson 3: You can't get what you want, until you know what you want (ie - payoff

Building My Trade Plan - $100.00 to $5000.00 - Trade 2

Building My Trade Plan - $100.00 to 5000.00 - Trade 2 12 days from $100.00 to 200.00. Came in a series of trades. Mostly time and disciplined effort. Could it have been a faster accounting trade if I had made it a task. Building my trade plan is philosophical thought in and of itself. There is no right way yet it all is a right way. $200.00 - 12 days - 78 days to go. More thought and activity. Will include it in daily tasks, thought for 15 minutes. Daily review and thought is necessary.

Building My Trade Plan - $100.00 to $5000.00

Building My Trade Plan starting with $100.00 in capital. Goal: Grow the $100.00 to $5000.00 in 90 days. Its time to put my experience, learning's and experience to the test. Firstly for myself. Secondly, to prove the value of the book - Building My Trade Plan. The book was written for Day Traders, specifically those dabbling in the financial markets. Yet as I continue my pursuit, I realized that Building My Trade Plan was more versatile and can be applied in the "real world". Buying a stock or intangible asset, then trading it at a profitable price for a profit. I once thought that day trading only applied to stocks as that is how the concept and idea was initially introduced to me. Once I began my research and study of the book I created, yes I am a firm believer of drinking your own kool-aid so to speak, I came into a remarkable realization. Trading is more than just stocks and bonds. Making a trade occurs daily, when one party purchases something of value and sells i