Go fuck yourself - and keep away from me
You are a failed trader - lurking on the fringe
Sucking on the tit of the traders who feed you - as a journalist
Proud of what you have / who you know
Completely unable to hack it trading
RN
Is it really possible to take all the information you need about a stock from charts?
- Thread starter Lloyd W. Coutee
- Start date
Go fuck yourself - and keep away from me
You are a failed trader - lurking on the fringe
Sucking on the tit of the traders who feed you - as a journalist
Proud of what you have / who you know
Completely unable to hack it trading
RN
Maybe from price without the chart deception?
So an instrument's chart does not accurately reflect the tape of that instrument over the course of a session
Cool
RN
Okay.., so once again - I have your back journalist
Here's an exclusive for ya
BREAKING NEWS
Widespread manipulation identified within financial markets
(providing you two options here - feel free to use whichever you claim causing "the chart deception")
1.) Exchanges found to be manipulating data - skewing T&S / tape (actual trades) from what is reflected on a chart (a graphical representation purpoted to be of same exact trades)
2.) Data providers and brokers found to be manipulating data - skewing T&S / tape (actual trades) from what is reflected on a chart (a graphical representation purpoted to be of same exact trades)
You called it - "the chart deception".., aka manipulation
And as it could only originate from either the exchanges..., or data providers / brokers
You've an exclusive (no need to thank me.., and please feel free to keep all proceeds)
Should blow the lid wide off this industry - unless of course...
It (this so called "chart deception" you claim) simply a fabrication inside your head (manifestation of your lacking trading prowess no doubt)
And to think (least you've claimed) industry / financial people actually hire you / associate with you
=============
Now..., otoh
You can always leave me be
Tis a choice
RN
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The issue is its not news. Everyone already knows that charts are deceptive -- it has nothing to do with manipulation but to the nature of the market herself.
Markets are deceptive: bubbles are dramatic, but the tendency of markets to deceive and confuse is an everyday affair. Therefore price-charts are deceptive, as well as global economic cycles despite the fact that humans love to see patterns in nature. But financial and economic data alike are random, and no pattern exists in price movements or economic cycles. Thus, when examining trend charts we should guard ourselves against jumping to conclusions that the invisible hand of Adam Smith is somehow guiding them. It is a bold investor who would try to forecast a specific price level based solely on a pattern in the charts.
Benoit Mandlebrot
By the way, nice trading today!
Surf