should i trade the trend or noise...there is more of noise

[ironchef]

my take on statements prove me wrong.

there are many people here who are managers of funds which are pools of money which sometimes can be found within professional reporting services. these results are audited by independent companies and provided certified results.

an individual can just fling up the one monthly statement that you made money. individuals who post statements here should provide all their statements from day one and have those results independently audited and if not found to be profitable then restricted to being on this forum.

that would leave only me and a few other people i know left to talk on this forum it would be pretty lonely. not that it isn't already lonely wading through all the ignorance here to have an adult conversation about trading.

I beg to disagree sir.

None of those who sells trading educations posted any statement let alone "audited statements from day one". Here we are, demand anonymous posters in an anonymous internet forum to post audited statements from day one to anonymous readers?

Anyone reading posts here should know: Trust but verify, on your own.

I could tell there were some really really good professional/retail traders posting on ET and we will drive them away if they have to post audited statements in order to post.

Best regards,

 

[murray t turtle]

WOW, Ned Davis, remembering getting his stuff early 80's and didn't he have a Hotline service? I think he sold his Research company some years back. He had really good material.

%%
Some of his research still applies. BUT I thought one of his book title was so. so strange. It was named like, something like Be Right to Or Make Money[AS if when some made money it was an accident or wrong LOL-LOL.
Maybe he meant get the traders/investors ego out of the way=what a strange title!! [Edit, delayed, trade /invest what you make more with; trends [2] some noise, but faster profits/fasteR LOSSES ,7 year patterns helped...….

 

[Pension_Admin]

In finance and in trading, information is always caveat emptor. With that said, I don't care about having the anonymous advice-givers proofing they are profitable traders before giving out advice. Advice is not that useful anyway because most peoples can't recognize good advice until they have experienced and internalized the lessons, or until they did the crazy hard work themselves to find out.

At some point, you just know if the anonymous posters know their sheets from the topics they discussed. You know if they are scalper or trend follower. You know if they are investors or speculators. You know if they can add value to you or not. (You also know how many unread e-mails they have!)

In the mean time, just enjoy the chit chat in this giant poker table!

PA

 

[padutrader]

Excuse my ignorance, how can I tell if this is a real statement?

And who is Mr. Rao?

that is my name

good question....cant prove it....but maybe if you give me your email i can forward it.
in any case it is only one day's trading .

in any case i am not selling anything, i am not asking any donation and unlike many here i am not pulling down anybody

i am also not going coach anybody free or otherwise.

the only reason i am here is to show some people that trading is not like Las Vegas and you can get a 100% win rate with returns of 300%-1000% a day, consistently day after day after day.
if you like you can watch this space

i will be posting my trades with charts live as they happen in my journal....

in my 25 years experience i know of only one certified financial consultant,individual or others who declare their trades as they make them and that person is David Fuller

BTW David's advisory service is the only service i have ever paid for in my 25 years and i was a subscriber in 2006 for one year

 

[padutrader]

In finance and in trading, information is always caveat emptor. With that said, I don't care about having the anonymous advice-givers proofing they are profitable traders before giving out advice. Advice is not that useful anyway because most peoples can't recognize good advice until they have experienced and internalized the lessons, or until they did the crazy hard work themselves to find out.

At some point, you just know if the anonymous posters know their sheets from the topics they discussed. You know if they are scalper or trend follower. You know if they are investors or speculators. You know if they can add value to you or not. (You also know how many unread e-mails they have!)

In the mean time, just enjoy the chit chat in this giant poker table!

PA

all right and it shows you are experienced in this field/activity...which is the most counter intuitive field i have known

 

[Pension_Admin]

all right and it shows you are experienced in this field/activity...which is the most counter intuitive field i have known

That's the way uh huh uh huh I like it!

 

[ironchef]

that is my name

good question....cant prove it....but maybe if you give me your email i can forward it.
in any case it is only one day's trading .

in any case i am not selling anything, i am not asking any donation and unlike many here i am not pulling down anybody

i am also not going coach anybody free or otherwise.

the only reason i am here is to show some people that trading is not like Las Vegas and you can get a 100% win rate with returns of 300%-1000% a day, consistently day after day after day.
if you like you can watch this space

i will be posting my trades with charts live as they happen in my journal....

in my 25 years experience i know of only one certified financial consultant,individual or others who declare their trades as they make them and that person is David Fuller

BTW David's advisory service is the only service i have ever paid for in my 25 years and i was a subscriber in 2006 for one year

No, you don't have to prove it to me. Since you posted it, I was just wondering.

 

[MattZ]

I am beginner.

i have been beginning for 12 years.

I like the subject of the thread, whether it is noise or trend, and I assume that by "noise" you mean choppiness? We have an indicator for MT4/MT5 that I wrote together with a colleague, and I would be happy to give it to you so you can examine whether it helps you. It's build of three-time frames, and it examines trends, ranges, and choppiness. I have the recorded videos for this here: https://www.youtube.com/playlist?list=PLOGjoJXp0cmrSWuosvkHsuLQsZqNwvB50

Before we start giving it out or selling it, I would like to give it to you for free, so you can tell me whether it provides any value for you as a trader. Since you are trading real funds, I would appreciate your input, Just PM me to get it.

 

[padutrader]

I like the subject of the thread, whether it is noise or trend, and I assume that by "noise" you mean choppiness? We have an indicator for MT4/MT5 that I wrote together with a colleague, and I would be happy to give it to you so you can examine whether it helps you. It's build of three-time frames, and it examines trends, ranges, and choppiness. I have the recorded videos for this here: https://www.youtube.com/playlist?list=PLOGjoJXp0cmrSWuosvkHsuLQsZqNwvB50

Before we start giving it out or selling it, I would like to give it to you for free, so you can tell me whether it provides any value for you as a trader. Since you are trading real funds, I would appreciate your input, Just PM me to get it.

that is kind of you.
but this thread is a trap
i think no one really knows what is noise.....

i have heard this so many times it shows how confused traders are about this and many other basic concepts:"i trade daily charts and i do not trade 5 min because it is noise":
that the most ridiculous comment i have ever heard; how can an entire time frame be noise?
that means the daily does not have noise?….

noise can only exist in the time frame that is being traded.

you say choppiness but that only exists in that time frame...if i go to a lower time frame, it will not be chop and if i go to a higher time frame, the chop may not even exist....

in markets everything is illusion …..but only the present is reality and you have to trade that...

and what is the present....the trader gets to decide that.....and that is why when you give advice to a experienced trader, that advice is likely to be the most senseless thing he ever heard...

traders think trading is only about entry, stop, target and they are conditioned to think that.

 

[MattZ]

i think no one really knows what is noise.....

True. But, as I mentioned there are many periods that the market could be choppy and sideways (non-trending) and I attempted to capture it via the indicator. Anyway, just wanted to help.