what do you use to perdict the future?

Quote from bat1:

charts just show the past not the future, So what do you use
to perdict the future?
More...
===================
ba-T;
To run a business, you dont need to know ''a measure [less that a gallon]of wheat shall sell for a denarius''[days wages, there fore a long term wheat uptrend/prediction. Barley is predicted cheaper, compared to wheat. See book of Revelation.
Source=Book of Rev, infallible[incapable of error/ wheat prediction]

Charts show probabliity, not a prediction uless someone likes to ''make up his own NON-dictionary definition', of prediction'-
===============================================Some do that.:D

And the way many use leverage, that infallible prediction concerning wheat uptrend may not help, trading wheat:cool:
 
What if I offer you a game where you get paid $1000 if you accurately predict if the daily range of ES will be bigger than 8 points? You can give me the answer at 9 AM each day.

You will pay me $1000. If you win you get your $1000 back + $1000. If you loose I will keep your $1000.

You are guaranteed 1000 days of game playing.

You will have no other information but an ES chart.

Will you play that game? You will be predicting the future using past information from a chart.

I will play that game any day.
 
Quote from ivanbaj:

What if I offer you a game where you get paid $1000 if you accurately predict if the daily range of ES will be bigger than 8 points?
More...

Volatility tends to persist for extended periods so you will lose in a period of 1,000 days.

Your opponent will lose only during short periods of volatility change to low levels.
 
Quote from intradaybill:

Volatility tends to persist for extended periods so you will lose in a period of 1,000 days.

Your opponent will lose only during short periods of volatility change to low levels.
More...

Exactly. Some things are easier to predict from past data than others. I am quite sure that the temperature tomorrow will go above 71 F. I say this by just using past data.

The problem is when we try to predict too much.

Also. No one wants to be on the other side of the easy bet.

The goal is to find that easy game and someone that will take the other side.
 
You can use charts with past data to learn to recognize human behaviour.

When you trade real time you can use your knowledge to recognize the setup and expect the predictable human behavior. This is not predicting. This is street smarts.

I can predict easily that if you trough a cracker in the midst of 100 teenagers who just sow the film "I know what you did last...." they will scatter in panic.
 
Nobody seems to be paying any attention to the truth. But thats typical.

Check out the post on the PREM and start learning something.
 
also see 'cat staff meeting’ by seth macfarlane, which can be found on youtube

powerful stuff, says something about the value of long-term projections

Varima Garch
 
use the past charts to perdict the future

What bull!!!

look at GM...they failed to see the future or trends and just kept
following the past ...making the same gas eating ugly cars
year after year!

now they are soon to be gone or much much smaller......:D


the trend of what you trade today is your friend not the past!

buy at support cause the past chart says so! only it broke
and going lower....... lol

TA is bull.....I SAID IT :D
 
You must log in or register to reply here.
Back
Top