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Trading is about a certain number of things : - Bearing risk for a premium (otherwise, having fixed rates or being able to hedge against oil price would be impossible) - Providing liquidity (otherwise, investment would be very expensive) - Buying low and selling high (i.e. timely taking...

Say that to people who want a fixed rate mortgage...

That's exactly the purpose of any legal or illegal business...

Read 3 pages and fell asleep...

The thing is you just can't make a difference between a simple volatility effect and the real underlying trend. Just to convince you, simulate a random walk with a fixed trend and a fixed volatility. You'll see a lot of very decent small trends in your signal, but you know perfectly (as you are...

trend=expectation of the underlying process putting a value on the trend through statistical determination requires an infinite sample, that's basic probs.

'Detecting' a 'trend' requires an infinite sample, in any case.

Identifying a naturally 'trendy' market and identifying a 'trending now' market is a different thing. The first is easier to do : computing autocorrelation and persitence is very easy. However, these autocorrelations/persitences are not large enough to counter slippage, spread and transaction...

You're full of dreams my dear ! This theory would be great if the market was 'trending' most of the time, but it actually doesn't ! For one big 'trend' you'll catch, you will get burned 10 times and loose in the average. Well tried.

I know it's better than nothing, but it's technically inefficient. You'll always be late with that kind of indicator...

Totally true. Who would forecast future direction/intensity of the wind using historical directions/intensities of the wind ?

For this guy, One hour lost on the internet = one hour work lost at the local McDo, hence 8.5$....

5000$.... :D :D :D

And what will this thread do to make your situation better ? Absolutely nothing.

What's the point of this thread ? Why do you lose time posting this here ? Why don't you better spend your time sending them a proof of address and start trading ?

ECNs ?

I'm doing that. Just using stupid text files and it works very well.

Wonderful : ...and technically, it was clear that a major market top was in place.... Technical analysis has become a proof. I love it. All in all, a very good text to have a good laugh before a fresh beer at the pub. Thx again.

It will be taxed as a dividend. Income from abroad has to be declared, otherwise it will be taxed in the country where the money is coming from. To avoid this automatic taxation, you have to present a double taxation form, which has to be signed by your tax authority... Well tried...

Plenty of peanuts next to me ;-)