Why Can't I Trade with the Trend

[ProfLogic]

Quote from nononsense:

It is indeed crazy or possibly not crazy at all. In fact jrkob asked you the right question.

Your story is undecidable as you simply don't provide the information necessary to say anything at all about this.

Your 'random number generator' generates a stochastic process. What are its properties?

For example, if you start with a Wiener process and pass it through say a linear filter, its output is still random. (Call this giving it some structure if it makes you happy - some call it colored noise). A well known body of knowledge exists enabling one to make 'valid' predictions about the future output of such a process. This is the essence of simple Wiener Filter theory.

Let me hasten to add that the above example is not easily transposed to market environments. However, you could easily set up a computer experiment mimicking closely these theoretical results.

nononsense

PS: about fast growing ET threads: no threat yet for Chit-Chat

NOnonSENSE,

I detailed mine out for you on page 24 of this thread and you still haven't responded. Was it too complicated for you to understand or too simple to fathom? Consistency lost again to harrass another.

 

[ProfLogic]

Quote from easyrider:

The site is a sideline. I believe he runs a hedge fund for a living.

p.s. I took a look at your web site and ran across your challenge:


" Prove, to me, that Market Price/Momentum Does Not move Either to Or Through the Last Prime or Minor Support or Resistance Level from the Previous Sequential Support or Resistance Level,"

Im going to have to chew on that one for awhile. Any chance you could define prime and sequential?

Prime - Extreme
Minor - In-between Extremes
Sequential - Back-to-Back (Continuous)

Good luck, that has been up there since 1998. Oh, I do not calculate Support or Resistance either. They are fixed price tops & bottoms based on price oscillations.
I'll give you something else as well.
There are only "4" possible outcomes to price challenging any oscillation resistance level or any oscillation Support level. This one drives people nuts.

 

[ProfLogic]

Quote from nononsense:

easyrider,

You must have missed the fine point in this. It's the juxtaposition of two central thoughts:

NOnonSENSE

I am going to dub you . . . the KING of taking statements out of context.

Do you EVER reference a complete statement when making a comment or would that dictate having to complete a thought on your part. You must be a writer as well that has never had someone check your sources.

 

[nononsense]

Quote from ProfLogic:

NOnonSENSE

I am going to dub you . . . the KING of taking statements out of context.

Do you EVER reference a complete statement when making a comment or would that dictate having to complete a thought on your part. You must be a writer as well that has never had someone check your sources.

Beg you pardon.
Nothing out of context.
I rigorously copied both your statements following eachother right in sequence.

 

[masonbarge]

Quote from Flashboy:

Every trend day or period like the last 3 days I always have trouble trading with the trend.

I'm always looking for that turning point so I can hop on for the big score..

I most likely need to work on my plan for trading with the trend.. and force myself to do it until I become more comfortable..

Anyone else have this problem?

You sound like you don't know what "trading with the trend" means, if you are looking for a turning point.

 

[ProfLogic]

Quote from nononsense:

Beg you pardon.
Nothing out of context.
I rigorously copied both your statements following eachother right in sequence.

1. Quotes from ProfLogic:

Market prices mirror this action due to being born out of the same type of random chaotic environment as anything else effected by the Laws of Physics.

__________________
The Market is NOT Chaos and Randomness . . .



2. Quotes from ProfLogic:

Market prices mirror this action due to being born out of the same type of random chaotic environment as anything else effected by the Laws of Physics.

__________________
The Market is NOT Chaos and Randomness . . . unless you trade using variable and imperfect Methodologies. Search for what is Perfectly Consistent in the Market . . . and then Trade it, Trusting only Yourself and what you See. . . . Wm Schamp (Me)


NOnonSENSE,

Yup, the first one looks just like the second one. It's absolutely no wonder you can't see trends in realtime. Are you going to respond to my statement on page 24?

 

[nononsense]

Quote from ProfLogic:

[...] It's absolutely no wonder you can't see trends in realtime. [...]

nononsense loves to spot the truly nutty stuff.

 

[Equalizer]

Can't we all just get along?

 

[John Merchant]

Oh, Jack! You're back! Life here has been so dull without you! I see that you have invented some new jargon. Please do enlighten us. And give my regards to Wolfie.

 

[hank rollins]

Quote from ProfLogic:

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.

"physics of price movement" ? please... give me a break.

i don't care if you respect me or not, dr.

it's the leading of newbies down the primrose path of delusions that i challenge. nothing personal.


several months, or more, can't remember--i invited you to discuss your methods before a group in NYC--you declined.... remember ?


if you system works for you, that is cool.... i don't have an argument with that...... it's obviously not scaleable, or repeatable--just like a really good poker player--somethings just cant be taught.

i am giving you the benefit of the doubt despite your nasty words about my project..