Impossible to Beat?

[inandlong]

gar' I think you are comparing apples to oranges. TA is all about trading price... not the company, or the entity. Plus, price is the result of human behavior, which repeats itself. Trend, consolidation, trend, consolidation. Or buyers winning, indecision, sellers winning, indecision. TA is just quantified human behavior. A computer generated random chart removes the most important constant.... the human.

Imo, the test is invalid.

 

[Gordon Gekko]

Quote from TGregg:

Does anybody have that link to the thread that had those ten charts, some random, some not?

yes, i dominated that contest.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=11578&highlight=random+real

http://www.elitetrader.com/vb/showthread.php?s=&postid=275114&highlight=random+real#post275114

 

[Gordon Gekko]

Quote from garfangle:

if you cannot distinguish between a real stock chart of a company and a simulated one, then how can you (collectively) profit from the price movements therein?

it doesn't matter how it looks. the market is not totally random even if it looks like it at first glance.

BTW, put the OPEN and CLOSE on those bars and i'll tell you very accurately which are real/random. being able to see the range size of each bar would help also.

 

[TGregg]

Thank ya, GG.

 

[The Answer]

Quote from Wong Lee:

the premise of this thread makes some assumptions i don't agree with. for example, you don't need to predict the future.

Wong!

Wrong Wong!

The Answer is crankin around the Main Line in a Bently with wall to wall leather and 20 stereo speakers. That Phil Jackson yen crap ain't gonna put no Presidents in yo pocket!
Yao Mao Ming is the biggest Oriental I ever seen and He's afraid to block the hole when The Answer comes a callin'.
Wong 'fore you just wanna put it up yous best learn your game on the playground first. Rule one: learn to make your own shot!

 

[inandlong]

Quote from The Answer:

That Phil Jackson yen crap ain't gonna put no Presidents in yo pocket!

That would be, "That Phil Jackson zen crap..." etc., etc.

 

[Wong Lee]

Quote from The Answer:



Wrong Wong!

The Answer is crankin around the Main Line in a Bently with wall to wall leather and 20 stereo speakers. That Phil Jackson yen crap ain't gonna put no Presidents in yo pocket!
Yao Mao Ming is the biggest Oriental I ever seen and He's afraid to block the hole when The Answer comes a callin'.
Wong 'fore you just wanna put it up yous best learn your game on the playground first. Rule one: learn to make your own shot!

whoever is deleting my replies, please stop. if deleted again, i will just post my reply in chit chat.

The Answer,

i am not asian.

what is your point exactly? my point is that you don't need to predict.

Wong!