In Darwinex-50Scouts-DarwinIA on February 12, 2016 at 9:26 am
Just a quick heads-up to the 50Scouts group to let you know that invites to attend a weekly webinar session will be sent out next week.
The invitation will most probably be for Friday and will be sent out directly to all qualifying members that are actually trading live accounts through Darwinex.
Hope to see you there!
Latest 50Scouts post for Traders & Investors > LINK.
Darwinex-50Scouts-DarwinIA Archive: LINK.
In '16 Thought of the Day on February 12, 2016 at 6:43 am
“Some can be more intelligent than others in a structured environment—in fact school has a selection bias as it favors those quicker in such an environment, and like anything competitive, at the expense of performance outside it. Although I was not yet familiar with gyms, my idea of knowledge was as follows. People who build their strength using these modern expensive gym machines can lift extremely large weights, show great numbers and develop impressive-looking muscles, but fail to lift a stone; they get completely hammered in a street fight by someone trained in more disorderly settings. Their strength is extremely domain-specific and their domain doesn’t exist outside of ludic—extremely organized—constructs. In fact their strength, as with over-specialized athletes, is the result of a deformity. I thought it was the same with people who were selected for trying to get high grades in a small number of subjects rather than follow their curiosity: try taking them slightly away from what they studied and watch their decomposition, loss of confidence, and denial. (Just like corporate executives are selected for their ability to put up with the boredom of meetings, many of these people were selected for their ability to concentrate on boring material.) I’ve debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man.”
– Nassim Nicholas Taleb
In '16 Charts on February 11, 2016 at 7:35 am
Latest Outlook Video > LINK.
> Click on chart to enlarge <