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All the "trendies" need to do is describe and then demonstrate a system where future price can be determined from past price. They could settle this issue once and for all by the weekend. Yet, not a single appropriate demonstration has been made, and the challenge continues to go unmet.

Systems have to predict whether price will move in the right direction, and to a certain minimum extent, after the prospective entry.

Any system of trading must be capable of determining a sufficiently large (positive or negative) d, which is the difference between present price and a price to be marketable in the near future. The value of d is generated by the system in real time, and then the trader decides whether or not...

No insult was intended. I can't help wondering why your answers are so diffuse and beside the point.

Are you incapable of logical thought?

That is correct.

If it helps you trade, that's great.

This thread is not about my needs. It's about the errors of (price) trend following.

Any system that works can give an edge. Price trend following doesn't fit that description.

No.

Please explain how a method can usefully "suggest a very short-term directional bias" without being able to anticipate whether price will move both in the right direction and to a certain minimum extent after the trader commits to an entry.

That's why neither party should make a claim they're not willing to back up.

Apparently, you are incapable of understanding the terms of the challenge I have put forward.

The trader arrives at an expectation of near-future price by using a system for that purpose. Without such a system, trading is little more than gambling.

I am advising the trader to use a system that signals a trade entry only when there is a sufficient expectation of a profitable difference between present and near future price.

A couple of specific questions: 1. How many traders do you estimate are using this method? 2. Are you ready to take the real time trading call challenge? General point of clarification: Any system of directional trading must be capable of determining a sufficiently large (positive or...

Good morning. (Or whatever, depending on time zone.) The reason I have been getting into a precise definition of price trend following and a put-up-or-shut-up real time proof is that the weight of the success of a few traders using a given system is merely anecdotal compared to the 19 out of...

An engaging post. Well conceived and finely executed.

Good luck using whatever works for you.

No. The trader sets the minimum value of d so that if the calculated price differential between prospective entry and exit is less than it, no trade is made.