Do you see patterns in Random Walks?
- Thread starter atlTrader666
- Start date
As soon as I took the ask with my 100 SPY on the opening the market went up. I'm a market mover!. Cause-effect. lol
The question was a simple one: Does the pattern LOOK random?
It had nothing to do with hindsight or being a genius, which are two things I do not think about in trading.
I posted yesterday's because that was the most recent completed day.
If you prefer what is in progress today, I've attached it below.
The PM pattern is the same: a period of increased volume. However, the market is centering currently, and this being a Friday in August (recent activity notwithstanding), BO may not occur until next week, in which case the PM pattern will not be as pronounced. But this is why I monitor real time. The market determines the timing, I do not.
Next Monday's pattern will be the same: AM mound, midday trough, PM mound. This happens day after day after day after day.
Objectively, at the minimal fluctuation frontier, anybody that executes a market order, draining liquidity, is technically a market mover.:eek:
Yes, and if you flip a coin 1000 times the ratio between heads and tails will be pretty damn close to 50/50, however, it does not make the coin flipping non-random. Some patterns that form by random processes look very stable (non-random) however, it does not mean that they are not random themselves.
Rightfully so, and unfortunate. I was in the process of organizing my thoughts about where bill's contention lies with respect to randomness on the quantum level actually being a form of determinism, but I'm slow.
While I appreciate the dialog among you, intradaybill, Z00, SrR, and felt it would grow more fruitful, ET does have a majority of self-hating malcontents at its core. That won't change.
All the same: already what you've put forth is the first time I've seen ideas along these lines, although I now recognize some others have been saying similar foundational things that I didn't fully grasp as related until now. It's given me a new path of inquiry to explore, so I, at least, thank you for taking the time.
Or we could get the insulting posts deleted instead, by a moderator...and continue chatting...CHOICE is the most powerful anti-random creator, a market mover if you will!.
:eek: 