Recent content by yepso

Not true buddy, there is an amount of dependency in price. Market structure delves into statistics, probability distribution, and the various models. You might want to gather new info and re-think your stance on the out-dated efficient-market hypothesis. Efficient markets would mean there's...

It's all Noise. Long term, short term, it's random. Whether someone trades it using statistics and probability, or experience, they pick up on the characteristics that can yield a profit.

Agree, it's conjecture. And daggone it anybody that thinks they can make money shorting the bottom of that big red bar should do it, this is America.:D

I get kind of tired of hearing the "90+% of daytraders fail". Well it's not like outside of trading success is rampant. Rather I'd say most people settle in life and outside of a very small percentage success is just as elusive no matter what the pursuit. But no matter how green and naive, or...

I've never knocked your method, myself I use discrete-timing. My only point was to the thread starter that he was heading down a long and loney road trying to find a finite system in a random process. My mistake was not being more to the point. I also understand it's only my view and not shared...

I get it but who cares. I revised my post because the point isn't about wikipedia it's that chasing logic on a chart is circular. The premise and conclusion will always be subjective. We can't predict the the future of a random process. We can trade it but we can't predict it. And I'm far from...

doi, Fukn kno it all and that's the point

hilarious

Forgive me but it's a circular pursuit and a waste of time. Sorry. 1.All birds have beaks. 2.Octopuses have beaks. 3.Therefore an octopus is a bird.

Prof, I'm surely not going to argue my path is the only path, just making my point and thank you for the acknowledgement.

"Trading and Exchanges" by Larry Harris, "Empirical Market Microstructure" Joel Hasbrouck, and "The Treasury Bond Basis". The "TBB" is complex and is a testament to uncertain outcomes and how hard pros have to work to make money. Markets are complex systems and anyone can get rolled including...

I think this thread shows why Bright and others require a series 7. Understanding of market structure is vague at best and "topdogtrading" I mean come on.

Not totally sure I want to get into this but I disagree. Hence probability theory, stochastic process, discreet time, Bernoulli process, Brownian motion, and on and on. Time interval might be the single most important factor in taking advantage of random process.

It's market structure, induced selling, sell stops are taken out, longs cough it up, dumb money shorts come in. Large long positions are established and the squeeze begins, and vice versa, liquidity isn't there normally. Depending on the circumstance it can seem relentless and genuine.

I've lived in 14 countries and it's the same shit, everyone wants to crap on good ole USA. Well the US isn't about socialist majority it's about freedom. It's not about protecting asian interests, sell your f'n bonds and stick to asia we don't want to hear about it. We bitch because we're a...