Either it's 1 or 0...
- Thread starter Spectre2007
- Start date
Wow.. A least I know I am fallible.
Didn't say I am blind to Patterns.
But you look a bit overconfident.
And to argue against what ...
.. I didn't say. Be careful.
I would say 1.
Did I see what you've seen ?
It's fifty fifty between zero and one.
But my blindness lay more towards one.
Completely agree. The word "random" gets thrown around alot, all the while saying people generally have poor understanding of randomness. Well, that goes both ways!
It's true you can often spot patterns in random-generated data, and people often find patterns that are of no consequence. But it's also very possible to see randomness where there are unquestionable underlying processes of cause and effect. It's like the old saying, if a tree falls in the forest.... The unknown. It's more comfortable to the mind to just not think about it, or to shy away from it.
So what is a timeseries anyway? It can be anything. By itself, it tells you very little of the underlying processes. However, we do know what an exchange is and how it operates. The processes and rules are clearly defined, so there should be no reason to mystify it in any way.
It should be obvious, that if price must go from A to B, the most efficient path is just a huge gap. Anything else may be traded in-between. It's hard but intellectually dishonest to say you can't trade randomness, without specifying the causal conditions for the nature of the timeseries. Randomness can mean anything and can be represented by litterally any timeseries, so is more an assumption than a hard classification for black box systems.
Really, sometimes, understanding have to go beyond just the words and concepts. However, the danger is nobody will understand you when you get closer to "there"
It's always good to have other perspectives on matters. I do like to open up minds, both my own and others.
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trading blind..not one of kind
as most not know..what under snow
to wait for thaw..is not a flaw
when disappear..all be clear
to know what best..one must not jest
as game is like..a sharpened knife
one small slice..can cost you nice
to stop the flow..you need to know
what most do see..is not what be
as price do move..with certain groove
the reason why..is not a lie
and reasons say..as clear as day
to see the why..look to the sky
on clear blue day..no clouds do sway
when day is clear..trade with no fear
but as clouds form..beware of storm
there is one key..that make it be
but most not find..as they trade blind
to find this gold..one must be bold
ignore the fools..they are but tools!
J_S
as most not know..what under snow
to wait for thaw..is not a flaw
when disappear..all be clear
to know what best..one must not jest
as game is like..a sharpened knife
one small slice..can cost you nice
to stop the flow..you need to know
what most do see..is not what be
as price do move..with certain groove
the reason why..is not a lie
and reasons say..as clear as day
to see the why..look to the sky
on clear blue day..no clouds do sway
when day is clear..trade with no fear
but as clouds form..beware of storm
there is one key..that make it be
but most not find..as they trade blind
to find this gold..one must be bold
ignore the fools..they are but tools!
J_S
No - Europe, but everyone's heard of a few states.
Yes, probably better. Better than irascible, agitated and all those four-syllable states, anyway ...
Completely agree. The word "random" gets thrown around alot, all the while saying people generally have poor understanding of randomness. Well, that goes both ways!
It's true you can often spot patterns in random-generated data, and people often find patterns that are of no consequence. But it's also very possible to see randomness where there are unquestionable underlying processes of cause and effect. It's like the old saying, if a tree falls in the forest.... The unknown. It's more comfortable to the mind to just not think about it, or to shy away from it.
So what is a timeseries anyway? It can be anything. By itself, it tells you very little of the underlying processes. However, we do know what an exchange is and how it operates. The processes and rules are clearly defined, so there should be no reason to mystify it in any way.
It should be obvious, that if price must go from A to B, the most efficient path is just a huge gap. Anything else may be traded in-between. It's hard but intellectually dishonest to say you can't trade randomness, without specifying the causal conditions for the nature of the timeseries. Randomness can mean anything and can be represented by litterally any timeseries, so is more an assumption than a hard classification for black box systems.
Really, sometimes, understanding have to go beyond just the words and concepts. However, the danger is nobody will understand you when you get closer to "there"
It's always good to have other perspectives on matters. I do like to open up minds, both my own and others.
Every trader should learn how to count!
J_S
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to end this day..before i lay
one last word..which not absurd
not easy get..but never fret
always a way..to make good hay
so use your head..when not in bed
waste not your time..on fools who chime
the many rules..of which most mules
make sure you know..it's all a show
the Spartans be..many you see
and overall..the number small
but know you this..it is not piss
for it do show..what few do know
the clock will say..maybe not 1 day
perhaps it 3..but soon should be
and when it show..just watch the show
for fear will rise..with great surprise
the fools who look..into the book
think they know..that indi's show
if this be true..and all like shrew
then why big deal..for most to steal
the fat cats wait..and set the bait
for plebs who stick..head up so thick
to play the game..and feel no shame
learn how to count..just like "The Count"
ah..ah..ah
J_S
one last word..which not absurd
not easy get..but never fret
always a way..to make good hay
so use your head..when not in bed
waste not your time..on fools who chime
the many rules..of which most mules
make sure you know..it's all a show
the Spartans be..many you see
and overall..the number small
but know you this..it is not piss
for it do show..what few do know
the clock will say..maybe not 1 day
perhaps it 3..but soon should be
and when it show..just watch the show
for fear will rise..with great surprise
the fools who look..into the book
think they know..that indi's show
if this be true..and all like shrew
then why big deal..for most to steal
the fat cats wait..and set the bait
for plebs who stick..head up so thick
to play the game..and feel no shame
learn how to count..just like "The Count"
ah..ah..ah
J_S
And you should learn to count too, as your count is incorrect. Each and every day is assessed. E.G in the SPX (8m/1 Month) Hist Chart the 1st and 2nd candle are correct, but the 3 candle is -1 and +1, the 4th, 5th, 6th, and 7th candles are correct but candle 8 is -1 and +1, and candle 9 is fine. But you are far from truly understanding what is going on there.
J_Smith,
Can you define what's +1 and -1?
Especially looking at the second last candle, you marked it as +1 and why is that?