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R: Coin Tossing



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I am well aware of syllogistic theory. However, I challenge you to prove
that the premise is false!  Prove it! I repeat. Charlie makes money and
takes his positions by basing them on the tossing of a coin. Try to prove
otherwise!
Gram.

(P.s. I also have an acquaintance who takes positions based on the
psychological features (& gestures made) by top managers in Stock companies.
He watches them on TV and takes positions based on their "apparent"
characteristics, popsitive/negative attitudes and leadership skills. Seems
to works, for him: yesterday he picked up another $3,000 dollars and
averages about $1,000 a day.)
-----Messaggio originale-----
Da: JCDuffy@xxxxxxx <JCDuffy@xxxxxxx>
A: gramario@xxxxxx <gramario@xxxxxx>; realtraders@xxxxxxxxxxxx
<realtraders@xxxxxxxxxxxx>
Data: 08 July 1999 05:07
Oggetto: Re: Coin Tossing


>
>Your original premise thyat you can make money flipping a coin is flawed.
In
>fact after slippage and costs the opposite is true. So you cannot argue a
>point based on a premise  that is erroneous.
>
>
>In a message dated 99-07-07 13:10:51 EDT, gramario@xxxxxx writes:
>
><<
> >Theoretically we might say:
> >1/. Charlie makes money trading.
> >2/. Charlie tosses a coin and goes long when it is heads, and short when
it
> >is tails.
> >
> > Is it true then that: one CANNOT draw the conclusion that coin tossing
is
> >flawed as a way to trade profitably?
> >And further, is it also true that one CANNOT argue that coin tossing is
> >totally invalid, and at the same time accept that Charlie uses it to
trade
> >profitably? >>
>