Why do I see "Trends" in Randomly Generated Data?

[kreditfyhig]

you need to give an exact definition of "TREND" first.

eenough moves in the same direction to cover your trade costs and create a profit.

 

[Sergio77]

That author has an axe to grind against trend following. I wouldn't take anything from him seriously.

You may be right but then I saw he is selling a trend-following system that allegedly adapts to market conditions.

 

[luckyputanski]

Hi sells a system, but doesn't trade anything himself.

 

[dbphoenix]

Hi sells a system, but doesn't trade anything himself.

At $8k a pop, why would he have to?

 

[marketsurfer]

I have mathematically defined what a trend is for me, and based on the algorithm I have statistically proved that the trend as I have defined will continue. Thus I developed a trading system.

Why can't you get it through your thick head that there is no prediction there – it’s just a numbers game. For actual trading I don’t even look at charts, I just run algorithms and generate statistically relevant trading signals.

Let me put it in terms you might understand. If you ask enough chicks one is bound to sleep with you. As you practice you can "pick" those chicks that are more likely to sleep with you. If you can objectively define the variables that frame your "pick" you can statistically understand possible future performance.

And before you suggest that “you know statisticians that don’t believe in TA”, I’ll let you in on a secret – I am a statistician. I don't think your friends understand TA, you obviously don’t.

pneuma

How's the "proven trend" system working out for you. Ok, that's what i thought.

surf

 

[NoVoodooHere]

Hi sells a system, but doesn't trade anything himself.

None of them do, they cannot make money trading (some have never even tried but most have failed)... That is why they sell the systems

 

[Jerry030]

The whole premise of selling a system is totally stupid. If it actually objectively worked for a statistically significant period there are tons of private money people who will beg for just a signal feed...no need to sell anything. Of course you can sell any system to Trumpites as they are so, so stupid.