I have never seen any move turn around without a test of the extreme.....
Dow low in place
- Thread starter padutrader
- Start date
fair enough. A while back I realized, I know shit, and this evolved into algo trading.
market does only two things......keeps ranging in a fast movements or stays low while it waits for the sellers to sell low/ stays high while it waits for buyers to buy high.
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It is all about stats and folding on bad hand.
I envy algo traders...……..they get money without doing anything...….they should be banned.
but you do have to work very very hard to get your algo right
yeah stats work
they do tell you what is likely
that makes for good money.....not good fun
predicting unlikely outcomes is fun.
You were saying?
Pure idiocy. Literally, your second sentence is in direct conflict with your first one.