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Back in the 80's there was a movie called "The gods must be crazy". Pilot flying a small plane over Africa throws an empty coke bottle out the window. Indigenous people find it, realize it makes a great tool, then they begin fighting amongst themselves over it. It causes a great...

Incorrect. Guessing is making a decision with no prior research, testing, or thought. Gambling is hoping for the outlier win even though the odds favor long term ruin. As I said - guessing is gambling.

Interesting thread. I suspect Redneck, MrCharts, and nysestocks are all getting at the same idea. Here is what I think they are alluding to. MrCharts' reaction to a picture of boobs: Then he goes on to allude that large traders paint charts, to keep suckers happy: Knowing this...

Yes that's the idea. Sometimes you can go against the long term trend if it has put in a base and the intermediate and short term are lined up in such a way to support a new trend. The hardest part is buying the lows, and waiting. :)

Good for her. Just goes to show, liberals can't take criticism like adults. And talk about racism....... :eek:

I've found lately, that any setup below an hourly time frame (15 min, 5 min, 1 min) is very unreliable and tends to bring in chicken feed compared to the same setup on an hourly, daily or even weekly time frame.

Makers and takers. Makers can live on their own, takers need to prey on makers. Now, liberals, do you believe in building your own prosperity through your own faith, hard work, and perseverance? Do you have ballz to get beyond your infantile belief that your unhappiness is always someone...

I'm considering giving it a shot. I'd like to sim ES on my own for a couple weeks before jumping in.

The intention is to predict, through many trials, an approximate win rate, relative win & loss size, and propensity to streak when taking signals based in indicator combinations or any other observable condition. Predicting where the price will go is for gurus. *edit- regarding the...

Having a system with positive expectancy will definitely get you out of bed in the morning. Guessing is gambling.

Does anyone see any of the same clues on the current SPY chart?

Among other clues. The principle behind TA is that large traders with insider knowledge will begin leaving footprints that technicians can pick up on. "Tops are a process, bottoms are an event" (reversed for commodities, however) :)

First comes speed, then endurance, then accuracy, then power. When in doubt, get out. You can always get back in. On the other hand, stops too tight will demolish an otherwise profitable operation....... In 2008 there were several warnings after the market topped, the most obvious...

Short term trend is up, intermediate trend is up, long term trend is up.......

Over unity devices typically pull in heat from the ambient environment, so they are not free energy devices, as many would suspect (and quickly dismiss). I graduated 3.32 mechanical engineering, suffered thru all the thermo classes and had all the over unity device debates with my professors...

80 acres with its own air strip & hangar, MN, $179K (runways could easily be tilled if you wanted to plant crops): http://barnstormers.com/classified_678950_Pilots+_+Sportsmans+Paradise.html 1829 acres in Colorado, 5000 ft air strip, well, cabin, $1,500k...

When I first bought my motorhome, some Alabama redneck I worked with told me the same thing. A year and a half later, with half a tank still in it from the day I first brought it home, I fired up that big block 454 Chevy and drove a good state away without any problems.

Slang term related to a bell curve statistical distribution - the "tails" are the very outer sides of the graph where the data points that do not match the average. Stock prices, when they take off and obliterate the range, are sometimes called "fat tails". Since I am basically following the...

What's up, elitists. Another week paper trading the ABC12 on top gainers, in the direction of the general market trend. + $485 this week, but I only traded 2 out of 5 days. Same story - lots of minor wins & losses with one or two outlier wins making all the money. I have to...

He got elected with a little help from affirmative action...... As you can see, discrimination in favor of the less qualified leads to inferior resultz :eek: