trend following delusion shattered

Status
Not open for further replies.
Quote from NickelScalper:

(Caution: The challenge question is posted again below. Anyone who is offended by this material should avert their eyes and scroll past it or direct their browser elsewhere.)

What is a reliable method that can be applied to past price action to forecast, before entering a position, 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?

I'm looking for an answer to be posted here in plain text form. The proof of the answer is also to be posted here, as real time trading calls that specify on what basis the proposed method is being invoked.
More...

Q
"Yes, you're absolutely right that trends definately do not exist.

Trading trends is 100% a losing game.

I totally agree that no system for trading trends can make any profits at all.

Your quetions is sound and smart, therefore no any trend-traders can meet your challenge.

As no demonstration is provided, trend-following must be wrong.

If someone posted and demonstrated an unprofitable trend-following system, that means all trend-trading systems must be wrong and unprofitable.

I will not trade any trend-following systems anymore.

Now you feel happy after proving trend-trading is bad, and I feel even happier because you don't know how to trade trends. "

--- Unknown Reader
UQ
:confused:
 
Maybe we all should ask Chicago Zoo's elder-monkey, Coco, for advice...

I'm sure Coco will have a better perspective on all this....

Bwahahahahahaahahahahahaha!!!
 
Quote from easyrider:

Was this a buy stop trade?
More...

Could have been but I play Failure to Failure. Exited 1179.50. Plus 2.25. Sorry didn't post sooner but was on call with student.
 
Quote from NickelScalper:

C. The other 19 out of 20 traders using the same system blow up.
More...

Yo, Ignorant one. Asked, answered, charted, challenged, and completed. Called the trade . . . in the Trend . . . profited with 2.5 points. Probably more than you have ever made on a single trade. Can repeat at will . . . no desire to play the ignorant game with either you or Hank. You both, as Lefty sort of stated . . . are underneath the tread.
 
Quote from Maverick1:

Lefty

You've got nothing to prove. If I were you I'd get the moderator to take off whatever you gave him. Even if you had to give an example out, have you thought about the fact that Hanketsurfer has not posted 1 example in 110+ pages here?

why give to people who have nothing to share in return?

Unless dealing with strangers is something you don't mind, of course.
More...



maverick,

i have freely shared my calls and insight for over 4 years. my market calls are provided before the fact, and before the funds launched, often in real time. not sure why you are making the above false statement. specifically, i advised ( on this thread) no less when i entered OIL. what more do you want ?

:confused:
 
Quote from ProfLogic:

Could have been but I play Failure to Failure. Exited 1179.50. Plus 2.25. Sorry didn't post sooner but was on call with student.
More...


But price was nowhere near 1177.25 when you posted the trade. It did hit ll77.25 arouind 11:10 but then fell back to 1174.25 for a three point pullback vs. your 1 .75 target. When exactly did you enter?
 
the religious fervor of the "trend followers" is akin to the crusades. what a great study on popular delusions and the fervor by which they are defended by the true believers. this thread has provided many hours of enjoyment. thank you.
 
Status
Not open for further replies.
Back
Top