If markets were random why then does volatiliy spike at certains of the day (illustration inside)

Using your logic, if dust is bouncing around its not random, because for it to be random it needs to bounce several miles at a time or be bouncing into outer space.
No, random can mean moving a milimetre if needs be or less.
(Volpri would say bouncing dust is not random as every movement is known and has a purpose LMAO )

 

This should help:

What's the definition of 'random?'

 

I'm just giving "distant" examples to see if you are actually capable of thinking in the right direction.

 

Give me a break! Ffs.

 

No one knows where the next price will land "and its not random". Geezus.

 

Trading is like herding cats.

 

do u have to know where the next price tick lands?

 

There are many players in the market who do not care about direction.

Your entry on a day trade long may offset the hedge of the portfolio of another player or the exit of a profitable long term trade.

 

Your statement only proves the point. It's not only the direction that matters, it's the trade desire. Market cares about matching buyers against sellers, motives aren't only directional ofc.

Exit of a long term profitable trade IS (was) directional, btw.

 

I may have missed the point.

Yes. But the player exiting may not have an opinion about future direction following his exit.