trend following delusion shattered

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Quote from ProfLogic:

For my part, acknowledge you understand what I presented to you and I will demonstrate your butt off .
You shouldn't need my acknowledgment.

Go ahead with your demonstration on your own in the name of better trading for the entire ET community.
 
Quote from NickelScalper:

Perhaps you will explain how it would be possible to make a profit in trading without being able to establish, before any prospective entry, d in the following:

What is a reliable method that can be applied to past price action to forecast a profitably large positive or negative number d such that (p1-p0)=>d, where p0 is the current market price and p1 will be a marketable price in the near future?

And we'll take it from there.

Screen for stocks priced between 20 and 40, minimum volume 200k daily avg. Buy a stock at new 52-wk high, with no prior 52-wk high being made in the last 10 trading sessions. Offer .05 higher from entry, set stop at .50.
 
Quote from NickelScalper:

You shouldn't need my acknowledgment.

Go ahead with your demonstration on your own in the name of better trading for the entire ET community.

ok, here is a chart (a picture) if this is too complicated for you I will do it in real-time . . . with your money . . . and I keep all the profits. . . . I will assume all the risk. I loose, I cover loss.
 

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Quote from ProfLogic:

ok, here is a chart (a picture) if this is too complicated for you I will do it in real-time . . . with your money . . . and I keep all the profits. . . . I will assume all the risk. I loose, I cover loss.


it must be done in real time to have any validity. the past picture means nothing. i have publically posted my market views and calls for over 4 years--i have not seen any calls from you ever. why not provide a few ?
 
Quote from illiquid:

Screen for stocks priced between 20 and 40, minimum volume 200k daily avg. Buy a stock at new 52-wk high, with no prior 52-wk high being made in the last 10 trading sessions. Offer .05 higher from entry, set stop at .50.
Please explain how your method makes it possible to show a profit in trading without being able to establish, before any prospective entry, whether or not price will move both in the right direction and to a certain minimum extent, that is, d in the following:

What is a reliable method that can be applied to past price action to forecast a profitably large positive or negative number d such that (p1-p0)=>d, where p0 is the current market price and p1 will be a marketable price in the near future?
 
Quote from NickelScalper:

Please explain how your method makes it possible to show a profit in trading without being able to establish, before any prospective entry, whether or not price will move both in the right direction and to a certain minimum extent, that is, d in the following:

What is a reliable method that can be applied to past price action to forecast a profitably large positive or negative number d such that (p1-p0)=>d, where p0 is the current market price and p1 will be a marketable price in the near future?

What don't you understand? Past price action/public information = a new 52wk high, with no prior 52wk high being made in last 10 trading sessions, .05 target.

Hank, help me out here and explain in english what I'm missing here? I'm trying to sit on my hands today anyway :)
 
Quote from hank rollins:

it must be done in real time to have any validity. the past picture means nothing. i have publically posted my market views and calls for over 4 years--i have not seen any calls from you ever. why not provide a few ?

I have no problem doing it. This was a response to Nickel. If you want in on this the same offer goes for you too.
 
Quote from NickelScalper:

Please explain how your method makes it possible to show a profit in trading without being able to establish, before any prospective entry, whether or not price will move both in the right direction and to a certain minimum extent, that is, d in the following:

What is a reliable method that can be applied to past price action to forecast a profitably large positive or negative number d such that (p1-p0)=>d, where p0 is the current market price and p1 will be a marketable price in the near future?

What, no response to the chart again? I even put in your "d" so even you could see it.
 
Quote from illiquid:

What don't you understand? Past price action/public information = a new 52wk high, with no prior 52wk high being made in last 10 trading sessions, .05 target.

Hank, help me out here and explain in english what I'm missing here? I'm trying to sit on my hands today anyway :)
Okay, now for the demonstration phase of the challenge.

What day works for you?
 
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