For some reason it's like traders like to create these mystical groups. Like for instance I would consider long term investors traders as well since their buying/ selling now with the expectation to sell/cover at a later time for a profit. Price action, technical analysis, quantitative analysis to me all fall under the same umbrella as your working purely off a price series. The order flow guys I would consider in the same boat as quantitative analysis as your saying when "x" happens, "y" is likely to happen. The only other trader is the fundamental/global macro trader where your taking outside information that is not part of price and building a model/valuation. This is my view I guess and everyone has their own view on these "really not so important" subjects lol.
Not applicable, price exhibits skewed kertosis. The only time MA is indicative of future price is when PA is flat.....which is hardly an ideal time to speculate.
On the contrary: my first degree included several courses in statistics. But that has nothing to do with the fact that it's never occurred to me that a moving average is an "estimate of future price", and I don't think it is, and literally don't even begin to understand why some people believe this. Looks like "diplomacy" wasn't included among your own college courses, though, Sergio: making ill-informed and patronising comments about people's education is a distinctly sub-optimal way of dealing with forum situations in which someone says something you disagree with. (And with beliefs like some of yours, that's going to happen pretty regularly.)
Great variety of responses to this question. I learned a lot and hope everyone else did too. How many of you have worked with Machine Learning where a super computer predicts the movement of the stock or index, BEFORE the news has been priced in? You can read more about that in this blog post. (yes, I wrote it) I compare algorithmic trading to trading with a super computer. The experience is quite different. https://www.interactivebrokers.com/en/index.php?f=5599&vid=10236 and you can join a webinar tomorrow, Wednesday July 27 at 12:30 ET to see how it all works. https://deepstreetedge.clickfunnels.com/invitation (yes, I will be the host). More food for thought.
I cannot see how a moving average has anything to do with the future, it shows past. To be honest, all the courses I have taken in my life, only one I remember was Bowling, I was so horrible at it when I began, and I didn't know you were not to heave it as far as you could toss it. WOW those people ran at me like I was giving away grass. I look at going to college as a way to reduce the masses, cause when you get the job after you graduate, it is like OJT. Xela, I look at people who say not nice comments are those who are usually jealous of something or they so dejected that they have not accomplished meaningful goals, normal folks don't cross the line, I feel sorry for those who only way to communicate with others is barrage of negativity, what a horrible way to live.