trend following delusion shattered

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Quote from easyrider:

Im glad im not the only one who found that challenge a little strange.
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Funny, those that asked for clarity of terms and parameters, did there own research and understand perfectly. One reason my pudgy butt hasn't been seen on the Floor.

Others that didn't understand the challenge didn't ask . . . go figure.
 
I'd like to add a topic because it seems relevant...

Can't non-trend = noise, within some degree of "whatever"?

Isn't the one of the point of TA to reduce noise to trade some "move"?
 
Taking noise to be roughly the same as randomness:

Something is effectively random to the extent that its causes are not known in a way that makes it predictable.
 
All directional strategies involve trend following (this includes reversal trading, which requires identification of a trend change)...

Trend trading is the basis for how the majority of us trade, irrespective of our timeframe...
 
Quote from Thunderdog:

Then we appear to be in general agreement. I suppose my only remaining issue with your thread's title and your initial post is how you define trend trading. It is hard to argue that the trader who is profitable because he is with the trend (per your reference above) is not, in fact, a trend trader. He does not have to extrapolate future price or engage in other forms of clairvoyance in order to catch a low risk entry and then ride a trend. So how is that not trend trading?

Aside from the issue of predicting future prices, which we both seem to agree is largely fruitless, we appear to be otherwise engaged in mere semantics.

As an aside, I find it a bit incongruous that you would (correctly) state that future prices cannot be predicted, yet your old journal here on ET made numerous references to price targets/expectations and so on. Am I missing something?
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yes, you are missing my methodology. my journal, by the way, has been continued on my new site which i am not permitted by ET's guidelines to mention. my entry figures are based on time/price junctures and not past price. hope this makes sense.

:)
 
Quote from NickelScalper:

Taking noise to be roughly the same as randomness:

Something is effectively random to the extent that its causes are not known in a way that makes it predictable.
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Well, a definition of noise, which is relevant...


Physics: A disturbance, especially a random and persistent disturbance, that obscures or reduces the clarity of a signal.

Computer Science: Irrelevant or meaningless data.


Statement A:
Trends exists in the market.

Statement B:
In a trend-following system, the noise obscures and reduces the clarity and reliability of the signal.

Considering statement A and B to be true, when the amplitude / frequency of the noise becomes too big that Statement A becomes opaque... would you still consider the trend to be there???

A simple thought would be: Majority of the market is noise (random) but there's a minor influence of "Trend"...

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So... hanstersurfer and others... "Is there order in chaos?"
 
Quote from candletrader:

All directional strategies involve trend following (this includes reversal trading, which requires identification of a trend change)...

Trend trading is the basis for how the majority of us trade, irrespective of our timeframe...
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If you mean that all directional strategies rely on price trend following, then that's obviously an incorrect statement.
 
Quote from ProfLogic:

Hank, I understand that Statistics are any numerical value, such as
Yes, I understand these things because I taught various applied sciences such as basic Physics, Logic and Rational Analysis at a corporate level. That is where we use them in the real world not in a lab.



You are a pompous ass! Of course that is my opinion!
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ok, prof, i have you beat by many years in the field and several associations with the "grand masters" so to speak, whom i continue to learn from and am humbled by, but i dont brag about it nor do i look down on your 9 years as being trivial.

you dont seem to know how to refrain from personal attacks

the market attracts all kinds of characters, its one of my favorite things about it--- thank you for adding to this seemingly never ending lexicon.

due to your use of foul language and personal attacks, i am not going to directly engage you again.

good bye,


:D
 
Quote from hank rollins:

sure. but its subjective.

:D
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We both know that people are trying to objectify a subjective question... Which is fun in all :D ... but it's about time we have some constructive "opinions" to make this thread more "fun" :D :D :D

So would you mind, if you can provide us a "subjective" view of how there is order in chaos.
 
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