Good example. I can see the dances of gaussians amongst the shifting gears and redlining technometers; DU and FRV exchanging places while the the screaming engines frantically jockeying for position. Yes, when a car surges forward, you don't need to predict everybody will be following him -- until someone comes along to change the lead.
Also false! If someone asked you what will the barometer read tommorrow, you can also guess a random number despite not having any clue as to which readings correspond to rain. However, for the record it's the low ones. You could still not know what is a low reading and guess a number like 5 as opposed to a more appropriate number like 29.5...
I said what I had to say. Thanks for the thread and the Sat dialogue on predicting the possible future of price action vs. just trading what you see. I found it to be very informative. Good trading, Jimmy Jam
When I was living in Melbourne, we get four seasons in the same day. There is no predicting what the next hour's weather going to be like.
T280-- what about sad little people that need to boost their ego by dedicating their evenings to creating multiple aliases on an internet message board to snidely put down other people behind the facade of an internet identity?
the best part of the whole post........imo......you have managed to summarise the markets from the inception to today........."by having the viewer think things" ps you may assume you are different, you may find proof to suggest you ARE different.........this is an area you should guard well and is a garden you'll need to weed regularly.......never believe your own advertising........ J
98% of market participants try to predict market behavior. (regardless of how they describe their actions). 2% of market participants simply follow market behavior.
No. It is a lovely day on the Gold Coast here in Australia. PS. All newbies should immediately take up trading Jack's way. Please use it to trade the Hang Seng and Nikkei.
i predict if you try trading wits with this guy and you will absolutely f*cking loose 99.99% of the time! jj