There are two types of trends

[jjf]

Golly.

All I want to know is whether "time cycles" refers to the work of JM Hurst.
It seems a simple answer is complicated around here.

jjf

 

[NoDoji]

Quote from Petsamo:

So guys, why don't you apply all of that information and tell me, are we going to new highs within two weeks?

No.

 

[Eight]

The OP is rephrasing, and quite nicely imo, the old phrase "the trend is your friend until it bends".

There were cycle guys at least a couple of generations before Hurst btw... I've dug back as far as 1880's so far. There are records of commodity prices going back to before Shakespeare's time btw. Hint: You use a library for that... there is depth of knowledge in a library, the internet is very shallow and very wide by comparison.

 

[ivanbaj]

I was reading about Karl Popper's philosophy:

There are only two kinds of theories: (1) theories known to be wrong; (2) theories that have not yet been proven wrong – not yet falsified

This made me think about that there are two types of trends.

(1) Trends known to have ended
(2) Trends that no one knows when will end


It makes sense to me.

It comes down to:

1. Do you want to predict the ending of one and beginning of a new trend or
2. do you want to have some "proof" that one trends has ended and thus enter the opposite way.

I like the second option. But don't ask me about the "proof".

 

[ivanbaj]

Quote from Petsamo:

So guys, why don't you apply all of that information and tell me, are we going to new highs within two weeks?

I can't predict shit. I can't even tell you if there will be a higher high than Friday or a lower low than Friday.

My post was anti-prediction not pro-prediction.

 

[ivanbaj]

You know what you are talking about.

Quote from bighog:

Children, children, behave yourselves, sit down and review the last few posts and try to understand the lesson you all just flunked.

The gist of the lesson is that new trader wannabes come into the game with all the answers because they read somewhere certain ducks must be lined up. That is saying the solution to trading is as easy as science where all the inputs are accurate and complete which creates exact results.

Thats the hard lesson new traders have a hard time learning, if at all.

Think of trading like getting married and you both are deeply in love, sex is still fantastic, the future is bright and nothing can stop you both from conquering the world.

Then after actual marriage a few years you realize life is not as easy and you do not have all the answers, you start to notice her tits are drooping, she has more and more headaches when your boner is in full bloom. You are not as confident as before.

Trading is the same way, when the answers you came into trading with prove useless you either change things or wither on the vine just like an unused woodie.

 

[infolode]

Quote from Eight:

The OP is rephrasing, and quite nicely imo, the old phrase "the trend is your friend until it bends".

There were cycle guys at least a couple of generations before Hurst btw... I've dug back as far as 1880's so far. There are records of commodity prices going back to before Shakespeare's time btw. Hint: You use a library for that... there is depth of knowledge in a library, the internet is very shallow and very wide by comparison.

Benner's Prophecies

 

[timscott]

Quote from Dioda:

please sir, please sir

tell me how to open the milk

Please sir I am thirsty, help me open the milk



PATHETIC

Thank you for your insights. That was extremely helpful and intelligent.

I love you man.

 

[Eight]

Quote from infolode:

Benner's Prophecies

Martin Armstrong had that on his bookshelf or so I read.. I have a copy, haven't fully explored it yet, I'm a screen-daytrader nowadays anyhow...

 

[Dioda]

Quote from timscott:

Thank you for your insights. That was extremely helpful and intelligent.

I love you man.

always happy to demonstrate REAL world to people on internet