Predicting tomorrow’s trading range

[cnms2]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1095269>

Quote from optioncoach:

4 out of 5 dentists choose Trident

 

[Grob109]

Quote from Chicken Little:

This is true sometimes. Do you know the conditions under which your statement is false ?

Humor....

Why would a guy ask this question of all the people participating here? This question just before is rhetorical....LOL......

 

[99atlantic]

Quote from fletch2:

With no prediction as to whether the market will offer a profitable exit within your acceptable risk? Hmm. You might want to look into that. Most people are trying to make money with their trades.

I really shouldn't bother with your crowd, however, as it seems you're just intent on playing silly semantics games, and furthermore, that you have no idea what it means to make a probabilistic prediction.

Fletch

My methodology works well enough for me

At the futures firm I worked for we turned ~15-20% annual rate of return with it.

With the private hedge fund I manage now I'm turned 14.5% return on portfolio value in Q1 2006.

So, um, yea, like I think it works ^_^

 

[Bearbelly]

I dont think you guys are giving the inventor of the ross hook enough respect. I mean who else could have figured out higher lows and lower highs.

 

[fletch2]

Quote from 99atlantic:

My methodology works well enough for me

At the futures firm I worked for we turned ~15-20% annual rate of return with it.

With the private hedge fund I manage now I'm turned 14.5% return on portfolio value in Q1 2006.

So, um, yea, like I think it works ^_^

Good, just be sure not to tell your clients that you are predicting that the markets will product profits for your methodology, because that would make you a charlitan (sic). They should be giving you money for some other reason, I guess...

Fletch

 

[99atlantic]

Quote from fletch2:

Good, just be sure not to tell your clients that you are predicting that the markets will product profits for your methodology, because that would make you a charlitan (sic). They should be giving you money for some other reason, I guess...

Fletch

Yea...they give us money because we know how to proper analyze and RESPOND to the market ^_^

(I get the feeling we'll be going round and round the same circle many-a-time in this thread )

 

[fletch2]

Quote from 99atlantic:

Yea...they give us money because we know how to proper analyze and RESPOND to the market ^_^

(I get the feeling we'll be going round and round the same circle many-a-time in this thread )

Nah, you can go on and call your predictions "responses" if you like. No skin off my back.

I "respond" based on previous baby action that my 6 month old will be up at 5am, so I better get some sleep.

Fletch

 

[sulli]

Quote from Joe Ross:

<b><i>one of our students:

where do I send the check? made to cash???

 

[hcour]

Quote from Bearbelly:
I dont think you guys are giving the inventor of the ross hook enough respect. I mean who else could have figured out higher lows and lower highs.

Really, ain't that a hoot. And he names it after himself. What an egomaniac.

H

 

[OddTrader]

Quote from hcour:

Really, ain't that a hoot. And he names it after himself. What an egomaniac.

H

I think he is a guru, even if not an inventor of trading.