Here is the test.did i measure it correctly?
I want to trade futures... oh and I'm 17
- Thread starter Matasulous
- Start date
Here is the test.did i measure it correctly?
Matasulous,
The author of the book, How to Make Money in Stocks, gives an example of a Harvard professor, who asked his class to submit and assignment about fish. He failed them all because they used all kinds of resources to gather information , but none of them bothered to gather direct evidence. "If you want to know about the fish" said the professor, "then observe the fish swim." (Quotes here are probably not exact as it's been a long time since I read that book)
The same applies to trading. All your gains and losses are dependent on one thing and one thing only. And that thing is price. Your gains and losses are not depended on what the president said or did, but what the price did. Yes, everything is inter-linked but the price will determine whether you're profitable or not. Highly obtuse philosophical erudition isn't going to make it simple for you to comprehend, let alone translate to a profitable trading plan.
You need to observe price yourself and come to your own conclusions. This literally means start looking at price and how it behaves, and how it it turns and all the variations in between. Those with no prior knowledge have an extremely high chance of getting it figured out quickly if they don't get lost.
It is up to you to decide what kind of a trader you wish to become. You need to first find out how to do it, and then how to find an edge.
All we can offer is advice, of which some you'll comprehend, and some you won't. In time the veil can part, but it will require focus, dedication and discipline. You are young, ambitious, and aware of what you want. You already have a slight edge. However, there are no guarantees in this business. Majority fail.
All the best.
Gringo
The author of the book, How to Make Money in Stocks, gives an example of a Harvard professor, who asked his class to submit and assignment about fish. He failed them all because they used all kinds of resources to gather information , but none of them bothered to gather direct evidence. "If you want to know about the fish" said the professor, "then observe the fish swim." (Quotes here are probably not exact as it's been a long time since I read that book)
The same applies to trading. All your gains and losses are dependent on one thing and one thing only. And that thing is price. Your gains and losses are not depended on what the president said or did, but what the price did. Yes, everything is inter-linked but the price will determine whether you're profitable or not. Highly obtuse philosophical erudition isn't going to make it simple for you to comprehend, let alone translate to a profitable trading plan.
You need to observe price yourself and come to your own conclusions. This literally means start looking at price and how it behaves, and how it it turns and all the variations in between. Those with no prior knowledge have an extremely high chance of getting it figured out quickly if they don't get lost.
It is up to you to decide what kind of a trader you wish to become. You need to first find out how to do it, and then how to find an edge.
All we can offer is advice, of which some you'll comprehend, and some you won't. In time the veil can part, but it will require focus, dedication and discipline. You are young, ambitious, and aware of what you want. You already have a slight edge. However, there are no guarantees in this business. Majority fail.
All the best.
Gringo
order ov events just like in music.jack`s right.
i like this one
http://www.youtube.com/watch?v=iQwzaNOyXQE
my favorite things like in my chart
i like this one
http://www.youtube.com/watch?v=iQwzaNOyXQE
my favorite things like in my chart
LOL!
Jack makes people think.Which the modern educational system lacking of!Your are all the test with the 4 variant of answers guys.
brown paper packages tied up with strings..
Volume is the independent variable.
Price is the dependent variable.
the maths is finite math.
Keynes explains algorithms.
They must be complete and they must be in-kind.
"IF" is where the independent variable is fitted.
So for volume (using the PM of the HS), increasing and decreasing are the complete set of possibilities.
some would say unchanging is also there. We grant them their wish and move back to the opportunity they are missing.
The "THEN" is used to express the resulting dependent variable status. Two "ing's" cover all the bases: continuing and changing.
Reflect on the problem solving. A means of making money is sought. Market cycles are available. A cycle has two money making parts. Each part is called a trend. Trends overlap.
We have just laid out the vector aspects of two variables which could form a complete Hypothesis Set (HS) which has a Parametric measure (PM).
Does any of this fit into a child's life in an educational system?
So you meld together an HS with its PM and see trends have three moves in a parallelogram (channel). A tend end is the beginning of a new opposite trend. You see the overlap. Overlap's ending has one criteria. Two trends form a market cycle.
In a finite maths context, all of this system is articulated by Boolean Algebra as indicated by Carnap's logic Theory. The fact that markets can be automated is a conclusion that is not difficult to reach.
Cycles composed of trends in channels while using price points and coresponding peaks and throughs of volume all do fit together as true/false contexts. What makes is clear and easy is the Order Of Events (OOE's) of these subsytems which form the whole.
Look at the system of operation of the markets as a Rabbit Hole.
Do rabbit holes serve the needs of a rabbit's existence and his environment? Notice that this labyrinth required two things: digging and work. What happens to rabbits who do not dig or work? They meet Alice in wonderland and drink tea with a guy who uses mercury to make felt for hats. On the otherhand, rich rabbits have larger rabbit holes.
Why would a mathematician write about a Chesire cat and such?
Yes, of course.
I have a strategy.
As my foil, you need to know it so you can be a better foil.
Wall street is fucking up.
It is clear Wall street spends four times the cost of running the Senate and the Congress in lobbyist's fees. what they get is a longer leash to get bonuses by running OPM of dummies.
I do a pool extraction paradygm (PEP).
I mentor anyone who is willing to extract capital from wall street AND put a portion of those profits to work to solve local problems.
you do not fit into that group and so you are cut off from learning as you tell us.
Anyone who is rational and can work and can learn to extract capital from wall street. Anyone who sees my request to do work to learn, can consider learning and helping solve local problems. Being a local problem solver is fun and energizing.
As a foil, you are in my marketing department and you are an unpaid and unrewarded volunteer.
foils poop out over the years. Your use of rabbit hole is a familiar to me; old manners new name. So it goes.
again welcome to my marketing team. keep up the good work.
All localities have unsolved problems. money and time help solve those problems. Rationality counts in problem solving. In marketing, continual bullshit keeps new well read meat arriving.
Replace Your with You're in the future (you will have more credence to those above 7th grade (II form)).
As a predator, I look for those who think and ask good questions. The OP is not one of those.
My answers move people to either of two behavioral actions: learning from me or marketing for me.
because Cheshair cat always leaves his smile behind him.
decreasing and increasing is subjective.increasing/decreasing in compare to what?by volume you mean the corresponding to price bars?they are incorrect.