Why Can't I Trade with the Trend

ProfLogic · Mar 12, 2005

Quote from hank rollins:

ah, maybe cause there's no such thing as trend.
trend only exists in hindsight.
one day you will learn.
han

I learned and proved what did exist, does exit and will exist till it changes.

Jane Doe · Mar 12, 2005

Quote from hank rollins:

ok, jane, i'll play with you. you are somewhat intriguing.

demonstrate to me that you have a scalable edge using your ability to locate and exploit these "subtle structure/ patterns" found in price.

if you can do the above, i'll happily arrange for you to have more capital than you can imagine.

I have a pretty good imagination are you serious (you wouldn't kid a kidder

Don't get me wrong I CAN do what you ask but I wasn't born yesterday either

Give me a ballpark figure, I want to know if this is legit (no offense)

ProfLogic · Mar 12, 2005

Quote from NickelScalper:

In that case, give me an example of a publicly traded instrument whose price rises and falls but always returns to a constant middle value. And what is that value?

Tides are in a more confined environment than any Markets price variance but the price of ANY MAarket or stock still moves from Support to Resistance and back again perpetually and without an ending point continuously breaching & failing at each top and bottom sequentially.

ProfLogic · Mar 12, 2005

Quote from hank rollins:

dr.logic and i have gone round and round on this issue.

although obviously quite intelligent, he is suffering from a common delusion affecting the majority of market participants.

regards,

hank

If what I am afflicted with is delusions then my banker is as well.

BSAM · Mar 12, 2005

Quote from Jane Doe:

You must write very well

LMAO!!!

ProfLogic · Mar 12, 2005

Quote from BA_Trader:

But isn't the past just yesterday's future?

Don't go there BA. If it wasn't taught in high school or illustrated in large print in a book written by someone who does't trade . . . it isn't real.

ProfLogic · Mar 12, 2005

Quote from Jane Doe:

You must write very well

I'm truly impressed Jane. A woman with a mind that's not scared to use it.

NickelScalper · Mar 12, 2005

Quote from Jane Doe:

Look try to understand this: Traders NEED structure to place trades. It is fundamental to the nature of man to CONSTRUCT patterns. If no patterns exist intially, traders (man) will construct them and the patterns will emerge as a "self-fullfilling prophecy" (What do you "guys" do for a living. don't tell me trading :eek: that';s scary ) I reiterate: YOU could NOT place a trade without a certain expectation of fullfillment! :eek:

So?

None of the above does anything to prove that future price is determined by past price action.

ProfLogic · Mar 12, 2005

Quote from hank rollins:

thank you.
a gambler EXPECTS to win on every bet, also.

once again---- if you flip a coin 10 times,and it comes up 10 times heads, are you in a heads trend?

OR

take my earlier random numbers within the ATR of a stock example.

you can pretend all you wish that you have some special ability to predict future price, but you don't.

Hank, you make ET such an interesting place.
Have you ever done any research on your own in regards to the Physics of price movement? I'd really be interested to know what your background is in and where your expertise lies. I would love to respect your opinions . . . give me a reason to.

ProfLogic · Mar 12, 2005

Quote from NickelScalper:

So?

None of the above does anything to prove that future price is determined by past price action.

Even if proof was offered it would be scoffed at. Why perpetuate an argument with closed minded people. Those of us that trade the trend evey day and profit from it every day do not need to prove it to anyone.