Does anyone here use more esoteric trading strategies like Astrology or psychics?

Discussion in 'Trading' started by HolyGrailSeeker, Sep 23, 2021.

  1. tomas262

    tomas262

    if the moon can move oceans why it could not move human's mind
     
    #21     Sep 23, 2021
  2. The moon cannot move markets.
    A social media personality farting on camera has more effects on the market movement -- And a host of other variables and factors.

    Instead of thinking what moves markets, look at the overall picture...of the US market, and world, and main data points and people, emotions, ranges to develop a reasonable hypothesis.
     
    Last edited: Sep 23, 2021
    #22     Sep 23, 2021
  3. Overnight

    Overnight


     
    #23     Sep 23, 2021
  4. Casinos also only "win at times", if it works just 55% of the time it can already be profitable.
     
    #24     Sep 23, 2021
  5. MKTrader

    MKTrader

    If it can, do you realize the amount of effort it would take to figure out how and then design a profitable trading edge? Like the old saying goes "If wishing were horses, beggars would ride." Chasing down mystical gobbledegook is typical of retail trader fantasies.
     
    #25     Sep 23, 2021
  6. userque

    userque

    Not trying to go down this rabbit hole, but simply wanted to say that:

    You can observe a pattern, and profit from it, without knowing why or how the pattern exists.

    Guess I'll say a little more.

    Things that tend to occur on a particular weekday, follow a 5 or 7 day cycle.
    Things that tend to occur on a particular day of the month, follow a 20 or 30 day or so cycle.
    The moon follows a 20 or 28 day cycle. (20 business days/28 calendar days--futures)

    Things that tend to occur during leap years follow a 4 year cycle.
    Things that tend to occur during the first year of a presidency follow a 4 or 8 year cycle.

    There are other cycles (1,2,3,4,8,9,12,21,28,50,100,200, year long cycles, etc.) that work at various times for varying time frames.

    If you say "28 day cycle," you're golden.
    If you say "moon cycle," you're a quack.
     
    #26     Sep 23, 2021
    Sprout likes this.
  7. MKTrader

    MKTrader

    Show me the edge...over a significant time period including bull/bear/sideways markets. I'm more concerned about that then what you call it.
     
    #27     Sep 23, 2021
  8. userque

    userque

    If you reread my post to you, you'll see that I said nothing about showing any edges. My post rebutted your assertion that you need to understand a pattern before profiting from it. That's it.

    This is clearly a true statement (my rebuttal).

    If you don't believe that patterns exist in the markets; and that they can be monetized without being understood, then we'll simply agree to disagree.
     
    #28     Sep 23, 2021
    Sprout likes this.
  9. MKTrader

    MKTrader

    Again, show me the edge. If you couldn't do that in three paragraphs (and 7 paragraphs in your preceding comment), I assume there isn't one.
     
    #29     Sep 23, 2021
  10. userque

    userque

    I never said I couldn't show you. I won't show you.

    I'm not interested in whether you believe me or not; please try to show the same lack of interest with me.
     
    Last edited: Sep 23, 2021
    #30     Sep 23, 2021