qqq3

While true positives and true negatives are always desired. This is not always the case.



True positive



Sensitivity (also called the true positive rate, the recall, or probability of detection in some fields) measures the proportion of actual positives that are correctly identified as such (e.g., the percentage of sick people who are correctly identified as having the condition).







Before people can understand stock market, please understand there are lots of false positives as well as false negatives.



false positive
noun

a test result which wrongly indicates that a particular condition or attribute is present.
"stress testing, a routine diagnostic tool used in detecting heart disease, results in a significant number of false positives in women"


Just because make money does not mean dianogsis had been correct.
Just because lost mooney does not mean dianogsis had been wrong.


Take IWCITY for example. Always the last to go up, always the first to come down. Have been like that for many rounds already. From 70 sen to $ 1.00 back to 80 sen all within 2 weeks. There are people who make money, people who lose money. People make money for all kinds of reasons and lost money for all kinds of reasons.


Make money lose money, its good to take a step back to review, to diagnose, what went wrong, what went right.


Its not always about true positives and true negatives.


Long term investors are more likely to be faced with true positives and true negatives.


The life of a trader / speculator is filled with false positives and false negatives. That is what makes a trader / speculator more risky ...and also more challlenging. But, its not gambling.



Since the life of a trader / speculator is filled with false positives and false negatives, make money no need to be too ego, lose money no need to be too humiliated.


Smartest people do not automatically become richest from stock market.



What do we do with this information?


It explains why , for most people in their 20s, you should treat the stock market as long term investments .....and to do that.....

Learn to say No

Invest in only the Best.


Want to trade/ speculate?


Can, .........but first learn that they are a lot of false positives and false negatives.


True positive True Negative

False positive False Negative

True positive False positive

True Negative False Negative.


Speculators/ Traders have a hard time. Easier are long term investors where only the best shares will do.

2019-04-18 15:34

qqq3

Flight to quality, flight to export shares.

I got Vitrox to welcome u..............

2019-04-18 19:27

qqq3

RHB says down grade of MGS not likely...........

2019-04-18 20:14