After months of searching high and low for a primer on Applied Probability (I like stuff with Gambling involved cos its immediately applicable!), I did a search for Spread Betting on Google and came across this site: bethelp.com
In their "Learn-to Win" segment I came across several links to Probability as applied to betting:
Mathpages - The Gambler's Ruin
Probabilistic Thinking
Probability Theory
Saliu - The Fund. Formula of Gambling
Saliu - Theory of Probability
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2 comments:
Hi there mr hardy!
Thanks for dropping by my blog and sharing your thoughts... ;)
Interesting blog you have here...hmm....Frankly I hope you are wrong in that movement of market is in random...if not I'm just doing high class gambling!
Will drop in again, keep posting!
BTW, don't mind I add a link to your blog!
Hey fishman,
The stock market isn't totally random.
There are some trending properties involved.
Most people hate the idea that things are random and totally out of their control.
The only thing we can control is actually our decision making process.
For example, what distinguishes a good buy from a bad buy in stocks.
Also, the randomness applies to our inability to predict with absolute certainty the price of a stock.
Keep on investing, but keep an eye on risk levels yeah?
Thanks for reading!
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