trend following delusion shattered

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Quote from Walther:

How far is the projected entry and exit point from actual highs and lows ( reversals ) ? If you would use qqqq as an example , my guess is ( based on my research ) that your projected entries are at least 0.07 away from actual reversals on average .



the system stopped working in the nasdaq over a year ago. i adapted it for the DJIA, and currently OIL. i am not sure what you mean, my entries are profitable with continuations not reversals.( except on rare occassions like the recent oil trade) see "surf report" on the journal thread for numerous chart examples. kindly explain what you mean and i'll try to answer.

best wishes
 
Quote from hank rollins:

paitence of JOB, aye ?

the remark is directed toward trend following systems and is not personal in any way. its difficult for me to understand how you can be a succesful trader, yet take critiques of your trading philosophy so personally. there is a dichtomy here.

Do you ever talk out of both sides of your mouth at the same time?
 
Here is the release version:

What method can be applied to past price to determine the value of a profitably large d such that |p1-p0|>=d, where p0 is the current market price and p1 will be a marketable price in the near future?

To qualify, an answer must be posted in plain text and then demonstrated by way of real time trading calls that each specify how the proposed method is being employed.
 
Quote from NickelScalper:

Here is the release version:

What method can be applied to past price to determine the value of a profitably large d such that |p1-p0|>=d, where p0 is the current market price and p1 will be a marketable price in the near future?

To qualify, an answer must be posted in plain text and then demonstrated by way of real time trading calls that each specify how the proposed method is being employed.


I know it will be useless to post it, but it was clear before the opening that we had to go long. An indicator based on past quotes told me to go long and stay long until the indicator would reach 100. I got out of my long about 5 minutes ago at 1183.
Probability of the indicator reaching 100 is 90%. Even if we don't reached 100 i can close my position without losing money.

A small chart is included. I won't show more or explain more because it would be like preaching for atheists.
 

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Quote from NickelScalper:

Here is the release version:

What method can be applied to past price to determine the value of a profitably large d such that |p1-p0|>=d, where p0 is the current market price and p1 will be a marketable price in the near future?

To qualify, an answer must be posted in plain text and then demonstrated by way of real time trading calls that each specify how the proposed method is being employed.

I think you need to take a step back for a moment. Assuming that someone has such a "system" or method (which I personally do not believe in), what would motivate such a person to freely divulge such valuable information? The "glory?" So, is not your effort doomed from the get-go regardless of whether such a magical method exists?

P.S. You may wish to consult with hanksurfer. As I understand it (or misunderstand it), he "predicts" future prices and makes forecasts based on some kind of price/time continuum or other. I think it involves wheels or pinwheels of some kind or other.
:D
 
Thnuderdog:

If you post an "answer" you win a T-shirt with the following text
on the front:

"What method can be applied to past price to determine the value of a profitably large d such that |p1-p0|>=d, where p0 is the current market price and p1 will be a marketable price in the near future?"

Underneath is a picture of you pointing a gun at "Nickelpickers" head.

On the back "Ladies, ask me about my large d"

:D

And you ask why folks aren't waiting in line to give him an answer?

Lefty
 
Quote from NickelScalper:

And then Lefty the Clown pops up to add something goofy to a serious discussion.


LOL, nickel. these guys have no clue regarding the point you are making. let them keep believing in spurious correlations and visual illusions, our money has to come from someone.

:D
 
Quote from spike500:

I know it will be useless to post it, but it was clear before the opening that we had to go long. An indicator based on past quotes told me to go long and stay long until the indicator would reach 100. I got out of my long about 5 minutes ago at 1183.
Probability of the indicator reaching 100 is 90%. Even if we don't reached 100 i can close my position without losing money.

A small chart is included. I won't show more or explain more because it would be like preaching for atheists.

How many trades do you think were possible if you slipped down to the five minute chart with the indicators, etc.? 1, 3, 5, 7???
 
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