bigscalper
Guest
Whether the markets are random or not is irrelevent, a good trader should be able to money in either one
Are share prices random?
- Thread starter yabz
- Start date
This is way too academic, but I will say this -- nothing in this universe is "random."
Definition of Random:
Random: Inability for humans to conceive of a greater system and its dynamics which account for movements and fluctuations that appear to have no underlying bias or predictable trend. (See Chaos Theory for an attempt by humans to resolve the random debate).
Point being -- nothing is random. You couldn't even design a system to be truly random no matter how hard you tried.
aphie
Definition of Random:
Random: Inability for humans to conceive of a greater system and its dynamics which account for movements and fluctuations that appear to have no underlying bias or predictable trend. (See Chaos Theory for an attempt by humans to resolve the random debate).
Point being -- nothing is random. You couldn't even design a system to be truly random no matter how hard you tried.
aphie
From what I've read there are about 10,000 professional and institutional traders. And of course their actions dominate the mkts. Each of them have different strategies and philosophies, but there are groups of them that lean toward momentum investing, fundamentals, support and resistance, etc. This necessarily eliminates distinctively random patterns.
And then there's the psychological aspect to markets that decrease "randomness". For example, why do sell offs happen more rapidly than bull climbs. Simple answer: fear! And fear creates non-random behaviors.
Imo, random walk adherents simply don't want to wade into the often painful but incredibly rewarding world of TA that most everyone at elite loves.
And then there's the psychological aspect to markets that decrease "randomness". For example, why do sell offs happen more rapidly than bull climbs. Simple answer: fear! And fear creates non-random behaviors.
Imo, random walk adherents simply don't want to wade into the often painful but incredibly rewarding world of TA that most everyone at elite loves.
Yep- randomness and probability are merely human constructs designed to give us a better conceptual sense of how the universe unfolds, all the while existing nowhere but in our heads.
And to top it all off, now I hear Mick Jagger is trying to get respectable.
Goin' off the rails on a crazy train.
okay Nitro, could you please give us an example of something PURELY random?
i'm trying, but i can't seem to think of anything that be described as thoroughly random. For example, coin tosses, while random in theoretical mathematics, and appearing random to the naked eye, have specific causes for their results. (however difficult those variables might be to measure).
i'm trying, but i can't seem to think of anything that be described as thoroughly random. For example, coin tosses, while random in theoretical mathematics, and appearing random to the naked eye, have specific causes for their results. (however difficult those variables might be to measure).
The digits of pi are random enough for me.