On each time frame / fratal, at any given moment there is a dominant direction. The price moves in the dominant direction have higher amplitude that in the non dominant direction. When multiple time frames are dominant in the same direction, their effects add up, and the expectancy is higher.
TRADING IS SIMPLE ... (TheRumpledOne)
- Thread starter TheRumpledOne
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The Yale students were not told that the food distribution was random..sorry kid.
I think op is trolling.
But the rat experiment assumes 2 things.
1.) That markets are random.
2.) That there is a bias
The rats simple approach leads to optimal results only if food distribution(or the stock market) is random AND there is a bias.
Neither of these things have been proven in the stock market, so the experiment proves nothing as it it relates to the markets.
That's just ppl buying into a trend.
Wrong. The words random and biased do not go together by their very definition.
This is the kind of garbage all you kids at home should avoid reading.
You sure? Technically its pseudo-random.
Assume I pick random numbers in some sort of way. Then every 25th number I choose a number my self. Its not random but there is no way to decided a pattern and guess my 25th number
Nobody else would know the number is not random. There is no way to observe a random biased selection..unless of course you have access to PRICE DRIVERS
That kind of garbage keeps your shoes dry ... Don't piss against the wind!
Your assumption is you would have picked the profitable direction.
And the problem with picking two directions is it increases potential unprofitable trades.