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It depends. Chapter 11 or Chapter 7? If the latter then I believe you're in trouble, but it's unlikely.

Using the word random leads to confusion, random means absolutely unpredictable; but the market seems to be 50+ in favor of predictability for long term direction; but for the price itself at a particular point, as ProfitTakgFool mentioned at support/resistance, we all agree that it is...

What do you expect a guy will change his habit. He won't. You won't change the way you shave every morning. Joke: A woman marries a man expecting he will change, but he doesn't. A man marries a woman expecting that she won't change, and she does.

By reading price, volume and movement; you're trying to understand what is happening. "Hmmm! It looks unusual today!". I can tell you that moving speed is very important to gauge the intensity of greed and fear.

You tossed with a trick double heads coin. :D

In my view, by omitting daily fluctuations, a trend is a one single direction and in that case it shouldn't be considered as random since we only have one outcome.

We prefer Canadian Tire Money. :D

You confuse many people with the term used. You mean a sideways market, and a high tendency to continue in one direction.

I can agree with you if we define random as in the sense of the market is slightly predictable, but not the sense of mathematical definition that it is absolutely unpredictable. To avoid confusion, we shouldn't use the word random. We should use something like the market is almost impossible...

To be able to detach is to have confident and to have confident is to really understand how the game works. One way to understand it is to study your own trades history. What make losses and what make gains. Does thing keep repeating?

Women like a sure thing such as guaranteed income, while trading isn't. We won't find much women in a risky field.

That was his edge. Knowing too much isn't an edge. Knowing too is just for arguing. :D

No doubt. That's the reason why price fluctuates wildly.

Not that when they all had just finished selling. The candle slowly burns and gradually reduce its length; its burning speed is relatively constant. Suddenly, the burning accelerate very fast and then blow out. The darkness retakes its route.

Trading is similar to an iceberg. It looks simple but in reality it's complex. That doesn't mean everybody will get sunk by that iceberg, only the reckless will be trapped. If this question were asked to Tom Baldwin, he can probably give two answers: Subjective: Simple - based on his own...

Could I post something in your thread even though I'm not good. :D The DOW was invented to measure the movement of the stock market as a whole. While to measure the economy as a whole I think S&P is better suited since it holds widely divergent businesses. For a trader, they are the same...

True. But the fact is that no one can have a consistent accuracy of reading it. That's why money management plays as an armor.

I still believe trading is contradicting mindset. :D

Trading is based on probability. :D

Those who made and supported the study were just trying to justify or console themselves for their failure. Sounds like "Look, I'm not that stupid or abnormal; I'm in the majority.". So I'm better in D. :D