Is it really possible to feel the markets?

[Dolemite]

“Millionaires don't use Astrology, billionaires do.” ― J.P. Morgan

"By drawing similar pictures, Professor Moddel’s students have seemingly been able to predict stock market changes, an ability he hopes to explore further with this study. More investigation is needed to ensure the successful results are above what one would expect according to chance. "
Ironically, Professor Moddel is seeking outside funds for the experiment instead of just using their "skills" to trade and raise all the money they need.

If you are really serious about "feeling" the markets, pull up a live chart and predict an up/down range of where price will fall on the next bar. Unfortunately, I think you will find that you are no better than 50/50. Remember you can have ridiculously long runs of being right (the coin flip example) but that doesn't change the odds.

 

[Sergio77]

There is more. There are claims some people can predict movements a day in advance. Interesting read here.

 

[learner2007]

pull up a live chart and predict an up/down range of where price will fall on the next bar.

There are claims some people can predict movements a day in advance

Predicting the price of the next bar, today's close, tomorrow's open, the Dow on your dog's next birthday etc, must be one of the greatest pitfalls in investment and trading. Prediction is equivalent in worth to the Dartinpaper method of stock picking!
But as the OP questioned, feeling the current price movement is quite possible. But that feeling should follow analysis, and is best used to determine the relativity of the price movement in question.

 

[Cswim63]

Looking at price bars trying to predict is a priori thinking, and contrary to intuitive thought.

 

[Cswim63]

Next we will ask a great painter to go down to the scrapyard and paint us a beautiful picture, one that will definitely win a medal at competition.

 

[drcha]

It would be easier to predict the price 10 years from now than to predict it a minute from now.

 

[Cswim63]

Next up on ET: Electricity. Can anyone really explain it?

 

[Smart Money]

IMHO, I think I have a better than 50% average because I have a long list of things I've tried that didn't work. I see a situation that failed before and remember it, and try to do the opposite. Ingrained pain avoidance.

 

[qxr1011]

Many successful traders simply cannot explain what they do.

they can , they just do not want to do it publicly...therefore assigning the veil of sixth felling, intuition etc. to something that can be easily be described as the combination of theirs method's factors that triggers the signal to trade

yes, sometimes one can feel the market, but i strongly believe that nobody made a fortune trading the ones feelings

 

[TradeCat]

Unfortunately, I think you will find that you are no better than 50/50. Remember you can have ridiculously long runs of being right (the coin flip example) but that doesn't change the odds.

Problem is that naive and desperate folks find forums such as these, read posts from pizza delivery drivers posing as millionaire traders, and end up taking risks on leveraged instruments in the markets thinking they can do something that hasn't been tried by another human in the exchange in a 100 years.
It's kind of pathetic but entertaining. Futures, Options, Forex and Margin trading is a losers' game.