Extreme Deviation Automatic Price Targeting - "X_DEV" - Bitcoin

[Qarel]

Rien, as far as it is possible I have an enormous respect for Nassim Taleb. I say "as far as possible", because when I look at the formulas he uses, I can't figure out whether I am looking at them right side up or upside down. Are you really sure that what works for hedge fund investor Nassim Taleb also works for niceboat, who as yet seems rather confused? (No slight intended, niceboat, we all started confused!)

And another thing: your description of the strategy was so cursory that I can't make much of it. Interesting though. Do you have experience with this yourself? Could you explain why it works, what you want to buy, and when you sell? A pointer to a book or site is also welcome. I like the idea of lots of small losses and few big gains. I know enough about Taleb to know that it is his preferred style, but currently I am doing exactly the opposite: lots of small gains and some heavy losses, not yet written off.

Regards,

Karel