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No, I didn't say risk shouldn't be associated with uncertainty, I said (or meant to say) risk shouldn't be dependant on uncertainty. You can have risk with certainty (drinking the Jim-Jones koolaid) and you can have risk with uncertainty (surviving a school shooting). Whether or nor there is...

You deliberately bring up race for no sane reason and you accuse me of finger pointing? LMAO! What's the matter? Didn't make the crank sales to launder your pointy headed sheets this month?

I don't buy it. Certain death sounds pretty damn risky to me. What you saying is that if there's a one in a trillion chance that you survive, then there is risk, but if you do the practical thing and round off one in a trillion to zero, suddenly the risk vanishes. Nope, too capricious for my...

So there is no risk associated with drinking Jim-Jones koolaid because there is no uncertainty (e.g., 100% fatality) associated with drinking Jim-Jones koolaid? Sorry but that is too weird. Potential means 'might happen in the future' but that doesn't mean the outcome is uncertain. If you...

Hey you're the one who posted a pic of a black guy and talked about how scary it is. I just called out your racist dog whistle for what it is.

But before we can agree on a common measure of risk, perhaps we should agree on a common definition of risk. Which will be a challenge. For example, from Wikipedia: "Without uncertainty, there is no risk, only clear danger." I'm not at all sure I buy this spurious distinction between risk...

One major problem with dealing with risk (and it must be dealt with; no point in pretending it isn't important) is that we not only don't have a good universal way of measuring it, we have a very bad nigh-universal way of measuring it. Back in the Fifties, a lazy economist named Harry Markowitz...

Not my point. My point is: know your market and trade your market. That's high-probability trading. For example, I have a custom trend indicator. What makes it great is not only does it catch good trends, it also shuts down during chop. Most trend indicators don't do that, which is where...

Who are 'they'? What scares you more, the dark skin or the bulletproof vest that makes it harder for you to shoot with lethality?

Dude is weird. His postcount exceeds yours and it's only his first day. :eek:

Good traders are adaptable. When the trend is up, they're long. When the trend is down, they're short. They only go mean-reversion when the market is reverting to the mean. If you don't know how to trade trends, then learn to stop trading when the market is trending. This is basic...

Guy sounds like a perma-bear. They're basically masochists. No help short of psychotherapy.

I don't even consider moving averages to be indicators, IMO they are data filters. Nothing wrong with that, price can be awfully noisy and I use a data filter myself. But MAs tell you nothing about trend strength. The stronger the trend, the more likely it is to persist and make you money if...

I'm saying it is possible to devise an indicator that will tell you if a trend is present Right Now. That doesn't mean the trend won't begin to dissipate in the very next time step. But most trends persist at least for a little while. There are no guarantees but trading is a game of...

How so? Trends don't happen at the hard right edge, they happen over a sequence of points. IOW a trend is a pattern. If you can detect a pattern,you can take advantage of what it usually does. The key is detection, not prediction. Most technical indicators fail because they can't even do an...

+1 Many traders don't realize that trend following works. They just assume that trend predicting is necessary, and that somehow price action allows you to predict trends. Look at this way: suppose you were an undercover cop and your job was to tail and report the comings and goings of a gang...

+1

Luke Skywalker: "I don't believe it!" Yoda: "That is why you fail."

Here's a rule of my own: If your technical indicator needs confirmation, then you need a better technical indicator. It's been very valuable to my progress..

The Four Cardinal Rules of Trading: Trade with the trend. Let winnings run. Cut loses short. Manage Risk.