Forecasting prices, and Mandelbrot is right.

There would be always another completely new generation of forecast modelling offering and promising a much better, if not perfect, performance that traders and researchers want.

 

I was really lost. Thanks for clearing that up for me.

 

Isn't there some limit? I mean, theoretically, if you had every quote and trade made in every market in the world in real time. What more could you get? Maybe you could start to try to find some factors that influenced people to make the decision to post that quote before they posted it and then forecast that.. but that's just getting wild.

 

Reflexivity/ Feedback - According to Soros and many others.

 

Just looked this up and read a brief amount, I'd say he's definately right, but nothing new. Bi-directional causality has been studied quite extensively in economics research. Also, this idea can be modeled with dynamical systems, etc.

 

Looks like you'll be very rich soon. Good luck!

 

lol. Being rich would be nice. My first goal is to be able to roll out of bed and make money sitting in my underwear.

 

Hey, good luck to you man, EOD is not my thing.

Is this a 1-day forecast, what exactly does the indicator tell?

 

What is this, a new thread? What happened to working night and day getting your 1% Solution up and running?

 

I work on my schedule, not yours, and I adjust it to suit myself.