wrong, here is why. when every tick is countered, and that countered tick countered and so on...trends vanish. that simple;
mathematicians on computers are moving markets toward efficiency
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Algo's are pushing every market toward randomness - God help us traders
- Thread starter JTrades
- Start date
mathematicians on computers are moving markets toward efficiency
There are still external variables, such as earnings, fuel shortages etc. The trend will still exist. Efficient markets dont mean trendless markets
Ok. willing to discuss...
but first i need to understand you:
is current ES market efficient? (i could have picked any market/contract this one is popular)
definately harder to trade now than say 10yrs ago..
Of course not
Says who?
Sure, its harder for people using the methods of 10 years ago to trade in today's markets intra day. I'd argue that long term investing hasn't changed much.
Says me. Now, every (well not every but MOST) tick ups (or downs)are challenged. you won't have a trend when every price point is challenged...what you get is a stalling of price to narrow range!
Okay, let's say trends are elimanted from a contract like CL. Does the price of the contract decorellate from the hard asset? The physical delivery obligations in the contract gaurentee this won't happen. The trend continues
i remember, in good ol days jumping on a trend that everyone else saw too. (2000)my entry long gone. seldom revisited or challenged. simply question where do i want to jump off & bank.
NOW. every one of my trade entry is challenged,not once twice often 3 or more times.by faceless,nameless algos
this isnt your dad's market anymore
i remember, in good ol days jumping on a trend that everyone else saw too. my entry long gone. seldom revisited or challenged. simply question where do i want to jump off & bank.
NOW. every one of my trade entry is challenged,not once twice often 3 or more times.by faceless,nameless algos
this isnt your dad's market anymore
If you can't compete with the algos, increase your time frame.