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RE: [Metastockusers] Randomness defeated?



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<FONT face=Arial 
size=2>Lionel
 

<FONT face=Tahoma 
size=2>-----Original Message-----From: frsdtaj 
<frsdtaj@xxxxxxxxx> [mailto:frsdtaj@xxxxxxxxx] Sent: Sunday, 
January 05, 2003 5:57 AMTo: 
Metastockusers@xxxxxxxxxxxxxxxSubject: [Metastockusers] Randomness 
defeated?I keep asking myself an ever-recurring 
question: is it within the compass of human brain power to predict random 
events and how can this ability (if it exists) be utilized for the purposes 
of financial forecasting?  Honestly, I never believed that there was 
such thing as harnessing the process of randomness, since randomness is 
something that by definition cannot be harnessed. At the same time, 
somewhere in the depths of my consciousness I was yearning for an 
opportunity to triumph over the realms of unpredictability and establish 
some kind of rule of order there.  May be it was a yearning of the 
injured human mind, I do not know.  What I do know, however, is that I 
have always been intent on learning theories and concepts that relate to 
the given subject area.  The latest relevant theory I came across is 
the General Evolution Theory invented by Dr Duka.  The theory posits 
that some universal laws can be applied to all processes unfolding in 
our world, be that natural or speculative ones.  The theory 
endeavours to single out these laws, delineate and quantify them and 
ultimately generate some predictions of random processes on their 
basis.  The theory has found its primary application in the field of 
technical analysis, which constitutes the pure embodiment of the contest 
between randomness and human mind and thus provides perfect testing ground 
for the theory.  Dr Duka seems to have approached the problem rather 
seriously, since he has created an Internet site with a special e-trading 
program that encapsulates the major premises of the General Evolution 
Theory.  I have found this program along with a detailed description of 
the theory at the site www.dukascopy.com, which seems to be making rather 
daring steps in tying up theory and practice of technical analysis 
forecasting principles.  This practical application is something that 
made this particular theory appeal to me more than others, because so far in 
other concepts I have only encountered pure speculations without any 
attempts of their practical implementation.  The General Evolution 
Theory, however, not only claims to be outwitting the random system, but it 
also backs its claim with real practical results.  According to the 
statistics, presented at dukascopy forum, the average success rate of 
trading within the platform that incorporates the General Evolution Theory 
principles exceeds 50 percent.  I know it can all be dubious, but I 
am going to check it out for myself to confirm or refute this 
statement.  I wish it were true. To 
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