Re: Why do traders cheat?
Ok and what percent is considered a "good sample"?
Re: Why do traders cheat?
I think that more people who do not trade attempt to cheat as opposed to those who trade and cheat. Naturally that would be the case since less people trade to begin with. Being that I am neither a trader or cheater I can only guess at what the percentages could be. If I had to guess, I would expect that experienced traders and ones with high "level" accounts don't even think about or consider cheating. Too much to lose. Vice versa, the noob low level trader would be more apt to consider it since they either don't know any better or don't care/can replace tracker easy enough. The latter could easily hold true for a non-trader cheater as well.
Personally, what I do know about ratio cheating is that it is extremely easy to catch. With and without a script. Cheaters are very low on the IQ pole than. You are straight up dumb to attempt it imo.
Therefore, I wish all or most traders were cheaters...Unfortunately, there are a number of "successful" traders and so few successful cheaters. Shit, who knows! Maybe there are successful cheaters but I have never heard those stories.
Re: Why do traders cheat?
Quote:
Originally Posted by
Detale
Ok and what percent is considered a "good sample"?
i'm not sure how you calculate the % of certainty so exactly how you should pick a sample on FST, i cannot say :)
but i think somewhere around 95% certainty would be considered good in many cases.. but it depends on how important it is to be precise.
Re: Why do traders cheat?
Quote:
Originally Posted by
Detale
Yes this is the way it's done now, they take a small group and survey them but this is why all statistics are irrelevant and bullshit. Without surveying at very least a majority of the parties involved it makes no sense.
Lets say I survey 10 people here at FST and it so happens that 8 of them are from Canada then the stat would say that 80% of our members were Canadians and this is absurdly inaccurate see ;)-Penn and Teller Bullshit-
Quote:
Originally Posted by
105802
Quote:
Originally Posted by
puckface
Quote:
Originally Posted by
105802
Edited by D
what a nice boy you are.... now if that doesnt merit a warning or a ban, I dont know what does. Hell I got an infraction for calling someone a bigot.
2 point infraction for flaming someone who has blatant disregard for any trackers rules
i dont understand why he doesnt get banned but i get burnt with a 2 point infraction
lammeeeee
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If you do this again you will get another infraction, Thanks
like i said in the PM , first time ive ever seen a rule enforced in this place
bravo for doing it to the wrong person though , theres a multi tracker account holding trader there whos off scot free
Re: Why do traders cheat?
^ Only problem being... trading isnt against the rules here.
Re: Why do traders cheat?
why does water come down from the sky?
why canīt chickens fly?
What came first? The egg or the chicken?
Re: Why do traders cheat?
Quote:
Originally Posted by
benficao
What came first? The egg or the chicken?
http://news.bbc.co.uk/1/hi/england/n...re/5019682.stm
Re: Why do traders cheat?
I really disagree with the OP that all traders cheat. I traded a few invites when I first started out but I've never cheated ratio and I never would.
Re: Why do traders cheat?
Quote:
Originally Posted by
danio
Quote:
Originally Posted by
Detale
Ok and what percent is considered a "good sample"?
i'm not sure how you calculate the % of certainty so exactly how you should pick a sample on FST, i cannot say :)
but i think somewhere around 95% certainty would be considered good in many cases.. but it depends on how important it is to be precise.
As part of a Math degree I took statics in school.
As the size of the population increases the sample need for accuracy decreases.In other words if you have a small number of members you would have to poll almost all to get an accurate answer.Conversely for a great number of members you only need a very small number(for the population of the U.S. only something like 1200 as long as it's random)
I did a quick figuring and if FST has 50000 members for +/-5% 380 for 95% confidence. 655 for 99%(nothing is 100%)
Re: Why do traders cheat?
Quote:
Originally Posted by
IdolEyes787
As part of a Math degree I took statics in school.
As the size of the population increases the sample need for accuracy decreases.In other words if you have a small number of members you would have to poll almost all to get an accurate answer.Conversely for a great number of members you only need a very small number(for the population of the U.S. only something like 1200 as long as it's random)
I did a quick figuring and if FST has 50000 members for +/-5% 380 for 95% confidence. 655 for 99%(nothing is 100%)
damn.. i've taken a statistics course myself, but i can't remember how to calculate the sample size for a certain % confidence interval :S.