Intuition Amplifiers 2
- Thread starter MAESTRO
- Start date
Quote from cornix:
How do you define bullish/bearish day? Isn't it TA?
I ask these TA folks--- TA wizards in training!! LOL
Seriously, TA can tell you after the fact if the day was bullish, but you can tell before the fact based on fundamentals--- Bernanke is positive, news is up, earnings etc.
Duh! Is no one going to answer the question?
Nice song btw - I hadn't heard that one.
The reason a market is predictable is that it acts like a living organism - it exhibits real life in its movement because it represents the group psychology of real people. It also exhibits repeating perfect mathematical relationships.
It is how this ebb and flow intertwine that reveals intent and also whether we are looking at randomness or a real market chart.
Okay I'll answer that with 100% certainty provided the choice is between a truly random generated chart and a true market chart. Based on that premise, this is a real market chart and I will bet my life on it.
True randomness has no life form driving it and no mathematical relationship. This exhibits the true to life flow of money and has dozens of perfect mathematical relationships.
Slam Dunk - it's for real
And I joke not when I tell you that the reason I discovered this many years back was intuition. Getting up in the middle of the night and booting up the PC because I had that spark of intuition that I could investigate and prove.
The markets are not random! This chart PROVES it. Can't ya all see it?
I would state that the existence of the randomness argument portends that the markets are random based on one's perception of the market. If one believes the markets are not random, can see order in the chaos, yet is unable to exploit this to vast wealth is only under a severe self delusion.....this is sooo self evident---- it's always at home traders ( even FX retail traders-- the lowest on the totem pole) "reading" charts to make real time decisions-- rarely are pros doing this as most understand the futile nature and delusional qualities attached.
Just to clarify-- random, does not mean they can't be predicted with increased odds of success if the proper variables are used.
Self delusion is rampant in the markets, just read elitetrader.
I just want to say thank you to all of the participants on this thread regardless of their point of view. I enjoy this discussion immensely and I hope that it continues. Not that it is just very healthy to express your beliefs and opinions, it is also very important for all of us here to understand how different we all are! There is no "right" or "wrong" points of view in the markets. As I said earlier, markets like chess there is unlimited number of potentially winning strategies. It is not important how exactly we apply ourselves what important is to have this incredible ability to "hear yourself think"! There is, of course, a natural passion in protecting the point of view that you believe is right â nothing is wrong with that! However, just by listening to what others have to say sometimes sparks the idea and isnât it why we are all here?
I disagree with many points of view and will passionately continue to defend my theories, but it does not mean at all that those theories are 100% right! As a scientist I have managed to maintain the ability to wonder and ask myself a question: -âwhat if I am wrong?â Jack Hershey, for example, speaks riddles to me for the last 10 years and I learned not to comment on his posts because I donât know how. However, I read them and think of what he says (many times without any success though). But it does not mean that I do not want to hear his opinion. So, I hope everyone here shares my belief that all points of view are important!
Cheers,
MAESTRO
I disagree with many points of view and will passionately continue to defend my theories, but it does not mean at all that those theories are 100% right! As a scientist I have managed to maintain the ability to wonder and ask myself a question: -âwhat if I am wrong?â Jack Hershey, for example, speaks riddles to me for the last 10 years and I learned not to comment on his posts because I donât know how. However, I read them and think of what he says (many times without any success though). But it does not mean that I do not want to hear his opinion. So, I hope everyone here shares my belief that all points of view are important!
Cheers,
MAESTRO
First MAESTRO -- thank you again for this thread. I really enjoy the exchange between all participants (yeah, even Surf).
I guess one way of telling would be to have a number of profitable TA traders use those charts for actual trading (for a long enough time). If they are profitable, the charts are real, if not, they are fake.
I am not a quant guy, what does this mean? Are you saying that a price/time series is stochastic data that is normally distributed? What if the distribution is skewed or there are streaks of non-randomness within the randomness? Are these known and undisputed properties of market data?
Yeah, as exemplified in the Surf's Special Situation Journal threadQuote from marketsurfer:
Self delusion is rampant in the markets, just read elitetrader.
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