Is price movement really random and unpredictable?

Discussion in 'Trading' started by schizo, Jan 9, 2024.

How accurately can you predict the next bar or candle?

Poll closed Feb 8, 2024.
  1. Usually less than 25% of the time

    23.1%
  2. Between 25% - 50%

    28.2%
  3. Between 50% - 75%

    33.3%
  4. Almost always above 75% of the time

    15.4%
  1. Hello ironchef,

    I talk to VST before as well and learned alot. I like his historical trading experience.

    Soon I will be promoted to ES Authority Money Maker!! I have also went to NQ market to steal some money from it. Crude Oil was a bit too, uggghhh, i don't know what to say about Crude Oil.
     
    #251     Feb 6, 2024
  2. ironchef

    ironchef

    Are you another 1 tick guy?
     
    #252     Feb 6, 2024
    SimpleMeLike likes this.
  3. ironchef

    ironchef

    Let me quote the experts:

     
    #253     Feb 6, 2024
  4. volpri

    volpri

    Actually NoahA you mentioned old men. I thought it humorous that Noah was pretty old himself.

    And Noah was five hundred years old: and Noah begat Shem, Ham, and Japheth. Genesis 5:32 KJV

    I'd bet none of us will still be begetting at even a measly 90!
     
    #254     Feb 6, 2024
  5. ondafringe

    ondafringe

    I think some of these people are talking about using tick charts and some of them are talking about a tick or two as a target.
     
    #255     Feb 6, 2024
  6. Hello ironchef,

    What do you mean by 1 tick?
     
    #256     Feb 6, 2024
  7. SunTrader

    SunTrader

    Is there an answer in there?

    I read those as they came across, but (I think?) you were the one to mention it first.
     
    #257     Feb 6, 2024
  8. schizo

    schizo

    #258     Feb 6, 2024
    SimpleMeLike likes this.
  9. Georpe

    Georpe

    NinjaTrader’s strategy builder is fantastic if you can’t code. There are workarounds for a lot of things people say it can’t do.

    I see you like to trade stocks, but you might find testing your ideas on NQ using strategy builder (or some other similar program) helpful in figuring out an approach for day trading. NQ/ES are methodical with repeating daily structures and behavior where you can trend trade if that’s where you’re comfortable.
     
    #259     Feb 6, 2024
    semperfrosty likes this.
  10. Hello schizo,

    Thank you for the link.

    I reviewed your link and post you thought was valuable to YOU as trader.

    I do not think anything in the link you posted was valuable to ME as a trader.

    Here is a link on ET that I know is valuable to ME as a trader.

    https://www.elitetrader.com/et/thre...thread-mark-fisher.377419/page-2#post-5902585

    As I said before, this is an ET forum website who knows what value means and good and bad advice. And most importantly who cares. Let people post whatever the way to post. If you do not like it, carry on.
     
    #260     Feb 6, 2024