Don't force yourself in using very difficult words to impress us. We are just simple people. But I think the word "correllelogram" does not exist.
Are you maybe Nostradamus? Who says I am poor? You even have no clue who I am. This shows how "scientifical" your answers are.
How could it be obvious when you've declared nonexistent something that everyone else I know says exists? So by your definition, a random process cannot generate trends, which flies in the face of actual evidence. Given your own repeated example, ten heads in a row is a trend. Just because something is rare, that doesn't mean it's nonexistent. Care to revise your definition? http://www.elitetrader.com/et/index...see-trends-in-randomly-generated-data.118599/
Yeah, Surf let's avoid the accusations of poor (& personal attacks) when you have no evidence to prove as such. Again, the problem continues to be lack of / differences in definitions. Surf and anyone else - please give your definition(s) of a trend in any underlying market. Be as specific as possible. I will start with my own: 3 consecutive closes on the same side of "indicatorX" - which is proprietary and was given to me years ago by a (believed to be deceased former) member of ET. It is very close to an indicator that is used by a private trader located somewhere in North America who is moderately well-known, but rarely discussed.
I agree, that was poor form on my part. However, the person claims consistent 80% accuracy. We both know that isn't accurate or possible -- therefore it is a safe assumption that the rest of the rhetoric is also fantasy. surf
Interesting--- was this Jack Hershey? I know he is really old, not sure deceased however. Can you share this indicator so it can be tested? surf
hershey? L O L. No, i was not ever involved with that crackhead. It's similar to the Drummond PLDot. That is public info. I can't share the one I was given, as it is not mine to share.
No, the key word is existence. According to you, trends don't even exist in stock markets so by your declaration, they obviously aren't exploitable. Nonexistent things can't be exploited. Again, care to revise your definition? http://www.elitetrader.com/et/index...see-trends-in-randomly-generated-data.118599/