Is Price an illusion?

I think most traders can't read trend, slowing of trend or progression of trend and of course reversal of trend. I believe everything has trend, what most see of chop, there is trend for my methods, whether trades are taken relies on other rules.

One reoccurring fact, price drops like a rock usually in few months wiping out years of ragged playful "taking profit" excuses to write about in some magazine or blog. You either play the game well and end result of equity curve prospers when most losing their rumps on the way down and on way back eventually making new highs whether months or years or dacades. Dividend stocks keep paying dividends and keep dancing options about stocks for more. I see no reason to ever sell stocks when I can hedge them when price action warrants.

Meaningless to me is direction so long as it keeps going for awhile which is relative.
 
I have explained everything in my thread 'trading is easy'.

upward drift, for sure... Fed is printing and valuations are dirt cheap.

but, my boys cant allow short term speculators to ride the rally train to heaven hence the shakes are needed, like this BIG one we are almost thru, right now.

link?
 
We know the price of everything,
But the value of nothing.


Of course price move,
There is a mean and a variance.


But I hear what you say,
Most of the time price is in drawdowns,
Markets and life in general, is tail dominated.


Meaning that once in a while there is signal,
Then then the rest is just noise around it.


Backwards history is crystal clear.
But forwards, there are a thousands paths.


One need to assess the potential,
The propensities, the distribution of a process.
What happens is just a fraction of what could happens.

You're the poetic speculator.. I love it, unique style.

I'm talking about the distributions of spot.

The illusion IS the drift.

Yeah sure, drift is present, but the path-dependency of the movement is equalized. Its like price can "drift" over time, but in the interim its not going anywhere, just oscillating around some mean, until it "drifts" a bit up to a new facilitated mean. Its bizarre.
 
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