Do you see patterns in Random Walks?

Discussion in 'Technical Analysis' started by atlTrader666, Aug 10, 2011.

  1. MAESTRO

    MAESTRO

    I see. So, are you an outsider, or the one who moves the market? If you are an outsider then following your own words "the market looks RANDOM" to you. However, if you are a "market mover" could you please show us "outsiders' how exactly have you moved the markets today?
     
    #221     Aug 19, 2011
  2. MAESTRO

    MAESTRO

    It certainly does because everything is non-random for yesterday, everybody is a genius in the Hindsight. However, could you show me the market profile for the next Monday please?
     
    #222     Aug 19, 2011
  3. As soon as I took the ask with my 100 SPY on the opening the market went up. I'm a market mover!. Cause-effect. lol:D
     
    #223     Aug 19, 2011
  4. MAESTRO

    MAESTRO

    Oh, great, now we have two "market movers". Anybody else? I think I would be able to prescribe a pill for this delusion.
     
    #224     Aug 19, 2011
  5. The question was a simple one: Does the pattern LOOK random?

    It had nothing to do with hindsight or being a genius, which are two things I do not think about in trading.

    I posted yesterday's because that was the most recent completed day.

    If you prefer what is in progress today, I've attached it below.

    The PM pattern is the same: a period of increased volume. However, the market is centering currently, and this being a Friday in August (recent activity notwithstanding), BO may not occur until next week, in which case the PM pattern will not be as pronounced. But this is why I monitor real time. The market determines the timing, I do not.

    Next Monday's pattern will be the same: AM mound, midday trough, PM mound. This happens day after day after day after day.
     
    #225     Aug 19, 2011
  6. Objectively, at the minimal fluctuation frontier, anybody that executes a market order, draining liquidity, is technically a market mover.:eek: :p
     
    #226     Aug 19, 2011
  7. MAESTRO

    MAESTRO


    Yes, and if you flip a coin 1000 times the ratio between heads and tails will be pretty damn close to 50/50, however, it does not make the coin flipping non-random. Some patterns that form by random processes look very stable (non-random) however, it does not mean that they are not random themselves.
     
    #227     Aug 19, 2011
  8. MAESTRO

    MAESTRO

    Well, these "nice" words end this discussion. Thank you all for your participation.

    Cheers,
    MAESTRO
     
    #228     Aug 19, 2011
  9. Samsara

    Samsara

    Rightfully so, and unfortunate. I was in the process of organizing my thoughts about where bill's contention lies with respect to randomness on the quantum level actually being a form of determinism, but I'm slow.

    While I appreciate the dialog among you, intradaybill, Z00, SrR, and felt it would grow more fruitful, ET does have a majority of self-hating malcontents at its core. That won't change.

    All the same: already what you've put forth is the first time I've seen ideas along these lines, although I now recognize some others have been saying similar foundational things that I didn't fully grasp as related until now. It's given me a new path of inquiry to explore, so I, at least, thank you for taking the time.
     
    #229     Aug 19, 2011
  10. Or we could get the insulting posts deleted instead, by a moderator...and continue chatting...CHOICE is the most powerful anti-random creator, a market mover if you will!.:p :eek: :confused:
     
    #230     Aug 19, 2011