A message to some day traders.

[Amahrix]

Price movements are a reflection of human decisions to buy/to sell with profit as the objective.

Reflection does not mean perfect but it does not mean meaningless either.

Since the nature of the humans involved in buying/selling is selected and not random, and their objective remains constant, why should their actions be considered random?

T,

Answer me the following

Is the data (in my argument, data between a 1 minute chart, 1 day chart, 7 day chart even 1 year) randomly constructed or is a message embedded in the data that tells you about the future. The chart is 99.9999% noise at the daily, and 50% noise at the yearly. So let’s focus in... is a daily chart randomly constructed or does it contain information embedded in it that will have value for your future? Day traders are a deluded bunch, as greedy as they get since they can’t wait more than a day to make some money due to their greed and desperation to turn a profit. They need to believe this works because they’re f*cking greedy bro hence the big resistance to accept the truth that it’s all a hoax.

There are no patterns, you’re seeing animals in the clouds.

I can look at a cloud ALLLLLL DAY and find patterns. In half the clouds I can’t see a reflection of a pattern, in the other half of clouds I do... are clouds randomly created or do they intentionally embed images in themselves.

 

[TheBigShort]

This thread will prolly go for at least 50 pages......

LOL so true, I unfollowed. Wait until Handle123 and the gang get on here. I could see this going for weeks. OP will come to his senses when he sobers up.

 

[Amahrix]

LOL so true, I unfollowed. Wait until Handle123 and the gang get on here. I could see this going for weeks. OP will come to his senses when he sobers up.

What should my senses be? That I can predict short term future price movement from short term past price movement. No, I’m not deluded. Thx.

You unfollowed yet you still come
Back and post

Who THE F*CK unfollows but keeps tabs on the damn thing.

Get outttaaa here, don’t call me arrogant either. The arrogance you displayed is PALPABLE.

Palpable..

 

[themickey]

What should my senses be? That I can predict short term future price movement from short term past price movement. No, I’m not deluded. Thx.

You unfollowed yet you still come
Back and post

Who THE F*CK unfollows but keeps tabs on the damn thing.

Get outttaaa here, don’t call me arrogant either. The arrogance you displayed is PALPABLE.

Palpable..

I'm trying to work out what your previous ET nick was.
Who can this be...???
Where's Dest when you need him, he'll know....

 

[Amahrix]

I'm trying to work out what your previous ET nick was.
Who can this be...???
Where's Dest when you need him, he'll know....

No, It’s this the whole time. You trying to work out my previous nickname and thinking your up to something is the same method day traders use to find something where there is nothing and think they have a grasp on things. You’ve vindicated everything I’ve been saying, guy.

I know y’all wait for this guy “Dest”s verdict on things before believing yourself due to sheep/shepherd dynamics of elite trader but he blocked me sooooo yea, cuz perhaps I like to have fun and he’s more of the serious type.

Whether he agrees or doesn’t it simply doesn’t change the fact that I present to you empirical truths.

 

[TheBigShort]

What should my senses be? That I can predict short term future price movement from short term past price movement. No, I’m not deluded. Thx.

You unfollowed yet you still come
Back and post

Who THE F*CK unfollows but keeps tabs on the damn thing.

Get outttaaa here, don’t call me arrogant either. The arrogance you displayed is PALPABLE.

Palpable..

Only because I have been coding throughout the night and I could use some entertainment:

I never called you arrogant. I am hoping you have been drinking because if you haven't.......this is a pretty sad rant you have going on.

You dont have to use the same underlying to make predictions. Let's say for example an ETF starts deviating from its NAV on the 5 minute chart, you can build a model to predict when it might start to return to its nav.

One of my favourite posters on this board makes a living never holding longer than a Rentech cycle.

Just because you cant figure it out does not mean there are not smarter more mature people who can.

 

[themickey]

No, It’s this the whole time. You trying to work out my previous nickname and thinking your up to something is the same method day traders use to find something where there is nothing and think they have a grasp on things. You’ve vindicated everything I’ve been saying, guy.

I know y’all wait for this guy “Dest”s verdict on things before believing yourself due to sheep/shepherd dynamics of elite trader but he blocked me sooooo yea, cuz perhaps I like to have fun and he’s more of the serious type.

Whether he agrees or doesn’t it simply doesn’t change the fact that I present to you empirical truths.

I kinda agree with you, there is more randomness within price than most people will admit.
When a trade goes sour they blame themselves, when it works they feel clever, but blaming or feeling elite is a mugs game due to the high random nature and or manipulated markets.

 

[Amahrix]

Only because I have been coding throughout the night and I could use some entertainment:

I never called you arrogant. I am hoping you have been drinking because if you haven't.......this is a pretty sad rant you have going on.

You dont have to use the same underlying to make predictions. Let's say for example an ETF starts deviating from its NAV on the 5 minute chart, you can build a model to predict when it might start to return to its nav.

One of my favourite posters on this board makes a living never holding longer than a Rentech cycle.

Just because you cant figure it out does not mean there are not smarter more mature people who can.

I don’t know where in planet earth you get your assumptions from about me not being able
To figure it out. 1. If I do have it figured it out, ID KEEP MY MOUTH SHUT FOREVER (until my edge goes away).

2. I am doing this to make aware the current victims of Randomness, the fools. And for fun.

3. You’re welcome for the entertainment.

4. I hope you’ve made a million dollars trading your NAV SHMAV garbage bullshit. Everyone knows this method, this is no edge. This is self fulfilling prophetic bullshit. Wake up and smell the.... real world.

 

[Amahrix]

I kinda agree with you, there is more randomness within price than most people will admit.
When a trade goes sour they blame themselves, when it works they feel clever, but blaming or feeling elite is a mugs game due to the high random nature and or manipulated markets.

Everyone should read Fooled by Randomness. It’s free.

To passer-byers, cut your ad hominem bullsh*t and elevate your knowledge.... or awareness of the lack thereof.......

 

[tomorton]

T,

Answer me the following

Is the data (in my argument, data between a 1 minute chart, 1 day chart, 7 day chart even 1 year) randomly constructed or is a message embedded in the data that tells you about the future. The chart is 99.9999% noise at the daily, and 50% noise at the yearly. So let’s focus in... is a daily chart randomly constructed or does it contain information embedded in it that will have value for your future? Day traders are a deluded bunch, as greedy as they get since they can’t wait more than a day to make some money due to their greed and desperation to turn a profit. They need to believe this works because they’re f*cking greedy bro hence the big resistance to accept the truth that it’s all a hoax.

There are no patterns, you’re seeing animals in the clouds.

I can look at a cloud ALLLLLL DAY and find patterns. In half the clouds I can’t see a reflection of a pattern, in the other half of clouds I do... are clouds randomly created or do they intentionally embed images in themselves.

I'll go so far as to admit that the deeper traders drill into progressively smaller time-frames, the less reliable their conclusions based on past TA. No doubt at an infinitely short time-frame they are infinitely unreliable.