I will pick random stock charts from time to time. Something hopefully no one here knows. I'll pick a piece of them, and post a pic of the price chart up to a certain point, at which point I will black out the remainder. I will post the stock price chart, the volume chart, and the time interval that the chart is representing. Then everyone can pick either "up big", "down big", or "roughly flat" based on what the stock price did after that in the blacked out portion. I will make sure to pick stock charts (including the blacked out portions) that were either up big, down big, or roughly flat over that blacked out period. We shall see who is the most EliteTrader!!! Who is in? Anyone have a good (free) charting thing I can use? If not I will just use finance.yahoo.com, I think they have basic charts with price and volume.
Ah yes I remember we did this a couple of years ago https://www.elitetrader.com/et/threads/long-short-game.339601/
I'm wondering what correlation there will be between how much data we are shown and the time that we accurately predict where it's going. For instance, with 24 hours of data on a 5 minute futures chart, how far out can one be accurate? The next 5 minute bar? The next hour? The high or low of the day or the close? I really have no idea, but it's worth looking into, I think.
Its what I choose. So I will post a chart. It will be, just making things up, days 1 through 17. I will say, over the next [22] days, its either gone up bigly, gone down bigly, or most flat. You make the call. I decide which is up or down bigly or flat, but I don't intent to make it close LOL.
I'd need about 4 charts. Different time frames. 5 yr weekly, 1 year daily, 20 day hourly, 2 day 5 minute. I can't tell you what the underlying will do, only what I'd do.