No such thing as current trend

[stock_trad3r]

Throughout the entire website Ed Seykota just rambles incoherently without saying anything of substance or meaning.

 

[Brandonf]

Quote from stock_trad3r:

Throughout the entire website Ed Seykota just rambles incoherently without saying anything of substance or meaning.

Sounds familiar.

 

[infolode]

Quote from Brandonf:

Sounds familiar.

OUCH, I felt that from here!

 

[ozzietrader]

Quote from luckyluciano:

Everything I have read from Ed gives me the gut feel he wants to pretend he is so much smarter & differnen than everyone else.

Well said by someone here....Tell Ed to get on the otherside of these current non existing trends!

Lucky

Seykota is one of the most well known trend traders around. He made a ridiculous return on his accounts, around 250,000% if I remember correctly.
Yes, that's two hundred and fifty thousand percent.
You should try and decipher what he is saying rather than telling him to get on the wrong side of a trend. You can bet he has made more money on trends that we will ever imagine.

 

[Lamont_C]

Quote from Lights:

btw, the market is going to collapse and trend down for a while.

No, no. It's going to "drift downward".

LC

 

[kinggyppo]

Quote from heidegger:

Double-talk. How can there be "two points, both in the now" when the basis of his argument is that "now" is a single point isolated from all other moments? Also, by definition, a trend must consist of more than an isolated moment; literally, "present-trend" is obviously an oxymoron but disputing its semantic validity is a quibble.

"Present trend" is one of those many concepts that we accept without close srutiny of the precision of the semantic validity of its title because we know intuitively what is meant. One has only to study a graph to determine whether or not there has been a trend; since the now-moment is the latest point in that trend the now-moment is part of that trend so that the "present trend" consists of all the moments, including the present moment, that constitute that trend.

What really matters is the way the now-moment is likely to relate to subsequent moments. The graph-identified trend indicates the most probable trajectory for subsequent moments - namely, moments that conform with the trend, assuming that all prevailing factors that caused prior trend-moments to conform to the trend remain constant; that is, there is no reason for the inertia of the trend to be overcome unless at least one of the prevailing factors is critically altered - in which case we see a cessation of the trend.

agree here.

http://www.seykota.com/tribe/risk/index.htm

 

[Option_Attack]

<img src="http://www.azizaseykota.com/Azizaseykota/About%20Me_files/DSC_0283.jpg"/>

<img src="http://www.azizaseykota.com/Azizaseykota/Photos_files/DSC_0216.jpg"/>

 

[showyouwang]

Quote from Option_Attack:

<img src="http://www.azizaseykota.com/Azizaseykota/About%20Me_files/DSC_0283.jpg"/>

<img src="http://www.azizaseykota.com/Azizaseykota/Photos_files/DSC_0216.jpg"/>

I think I see a double top formation forming.

 

[Eliot Hosewater]

Quote from Buy1Sell2:

Here's what you do-- Get on the wrong side of a non trend and then get back to me with the results. Thank you for your time.

OK, what is the wrong side of the current non trend?

 

[Lights]

just following the trend..

Quote from marketsurfer:

can you share the basis of this idea?

thanks,

surf