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Very fair demand.... Dynamic then. Could you please define your definition of dynamic in market terms? This could well be a nomenclature issue, I am very willing to entertain that.

The biggest basic flaw in TA is........ INCONSISTENCY!!!!!! There is not a single indicator in public existence that works with anything resembling consistency. This fact is only ascertained in real time, on the hard right edge of the chart. Delayed data will always show that this...

Understood. As I have said, most traders CAN make money once they learn what not to do in the trading arena. However, being right 60% of the time is not exactly predicting. That is more like taking advantage of random market anamolies( you do not know when they will occur), which most of...

Jack, my I suggest rather than "stupid facts" you replace that with "misperceptions". That would be more palatable and reduce verbally induced defense mechanisms that cause barriers to learning.... Best Regards Oddi

I submit that you cannot consistently predict market price either, nononsense..... Now, I know that you SEEM to be the type to make unqualified statements, so saying that you can and that the rest of us are lost in the woods is a method to escape the argument. There is also a method that...

Here is something for you chew on. Let me know what you get of it. http://faculty.smu.edu/maasoumi/Pdf%20Files/joefinal.pdf

www.maa.org

An interesting article found on this subject...enjoy, and happy Turkey Day. Falcons 27 Lions 7:cool: Go Dirty Birds!!! Randomness, Risk, and Financial Markets Ivars Peterson Pi, the ratio of a circle's circumference to its diameter, is known as an irrational number because it can't be...

I have none. Do you have evidence to the contrary?

I had the drive, but then I lost it. I think once I truly had to face the tax system, I became curious about why the masses choose to live the way we do. I wonder why more people are not in the markets. I wonder why we don't percieve the perpetuity of the system. Every year they will...

Has anyone stepped up and decided to predict what the price of any market they choose will be tommorrow. A margin of error of 0.1 percent will end this thread. I will reduce the challenge from five days, to just three. They must be consecutive. Now, while this still falls under the...

Cheese, I cannot help but wonder, what stops a competent trader from becoming a billionaire other than drive? I assume you are a competent trader, that can also predict markets, based on your posts.....therefore would it not be logical to assume that becoming a billionaire is well within...

This ties in with another post made about large time frames being more predictable that shorter ones. You can see the growth of the overall forest, but that single tree may be a difficulty. Thoughts?

Nik, if Socrates were alive, you would have been a start pupil. Randomness appears caught in it's own snare! Is there anyone who can help Randomness escape it's perdicament? Namely, humans cannot avoid bias!!! Anyone?

Jack is an old man who wants his ideas passed on in the human life stream. He is a good fellow, and his methods DO work. Again, Sypder has taken the time to prove this beyond resonable doubt. Look up Jack Hershey or Grob109 to get all the stuff. Best Regards Oddi

Zarquawi, a Turkey..... Bin Laden....the Dow breaks 11,000, then retreats. Or because we all believe that, maybe it will be the mother of all sell offs:p

That wacky stuff didn't do me any favors either:mad: :D I thought your post was good for revealing that major tops and bottoms are at the height of irrationality, and greed and fear are almost the lone drivers of the market at these points. They always will be. The average trader can't...

Very brief overview.... Jack believes that volume leads price. He measures volume with a concept called "dryup", which is a low water mark for volume. This low water mark can be defined in a variety of ways. One way is to take the lowest 5 min bar during the open thru about 11:30 for 10...

Another masterful post:cool:

So, what you are saying is that trading is about psychology.:) So why don't Niederhoffer and Taleb subscribe to this view in your opinion? Or do they?