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The market is random
- Thread starter college_trad3r
- Start date
Quote from endsongs:
The market is definitely random. This means it is not random for a good trader because random events have predictable performance over time. I'm working on a new strat to apply this.
To correct ur statement, "the market is definately not random"
If u dont know ur just better off staying quiet.
Regarding the theory "the market is random", if you've been reading my forecasts these past few days since the top of the market, the market has been predictable, and I've been able to make a lot of additional money.
Aside from the predictableness of these past few days, the market seems a bit random and risky if one chooses to sell, then repurchase at a lower price. At which case, a buy and hold strategy during a bull market (not a bear market) is effective.
Aside from the predictableness of these past few days, the market seems a bit random and risky if one chooses to sell, then repurchase at a lower price. At which case, a buy and hold strategy during a bull market (not a bear market) is effective.
Quote from romik:
Markets are not random, but may appear to be random. And they aren't random because they are manipulated by human involvement. Unlike a toss of a coin, which is truly random. Learn to follow manipulators.
Therefore there is repetitive ( market ) price behavior on every market day.
Keep it to yourself. Most people may not see that.
Quote from speres:
To correct ur statement, "the market is definately not random"
If u dont know ur just better off staying quiet.
Speres - the market is random in the long term is what I stated. In the short term, it's anyone guess. Sometimes, news and earnings don't even move the market. If you want to continue to believe it is not random long term, go right ahead.
Quote from FB123:
This statement reveals your lack of understanding of even high-school level statistics, and you have no idea how much every successful trader is laughing at you right now.
I'm sure it makes you feel better as a failed trader that their success is all due to luck though. You keep on living in dream-land my friend, it's no skin off my nose.
I cant even begin to count the number of times CRGARCIA has posted the same monotonous "no can do" philosophy on consistent, profitable trading.
What are we at?....#300 and something? Dude, give it a break !!