Patently absurd. Childish in its black/white account - scary implications. (Alright, so, "not your best post," panzerman, but you can only respond in haiku. )
Of course you offer no data or evidence to refute what I said, and instead launch your own ad hominem attack. If you can support a market model that is more accurate than the existing models, then you sir deserve a Nobel Prize.
foolish ego shouts the wise keep their own counsel shares only whispers btw, I’m not He that speaks of DSP yet appreciates
I certainly salute your respect of civility; I only point out that the gears of your science are missing some teeth.
If volume is increasing, then price will continue If volume is decreasing, then price will change Sublime in it’s elegance and simplicity Complex in it’s understanding and application. Discredited, disparaged and disbelieved by most But for the very very few whom do their own DD, truth of it’s veracity is a direct experience. It can be applied within the correct context as a leading indicator regardless of those whom claim such a thing does not exist. Instead they’ll want to burn a witch using monte python logic.
That's kind of my point. The underlying science people are using to gain their "edge" is based on assumptions of the way in which price moves. Those assumptions are incomplete descriptions of reality. That's why all models are wrong to one degree or another. That doesn't mean you can't make a profit with careful money and risk management, some people do obviously.
There is no model that can tell the future as there is no model that can account for the behavior of every variable in a complex universe. However it's not necessary to tell the future...just what is more likely over a statistically significant number of instances. From that "edge" a trading plan can be formulated and along with discipline, patience, focus and courage one can become a trader. It's not the stuff of a Nobel prize but it requires a lot of time, effort and lack of shitty negative attitudes.