Mon ami, you emphasized the wrong part. The anticipation is a CONSEQUENCE! If you take your umbrella with you out the door, you are anticipating rain. It is a PREPAREDNESS consequence, much like a bracket trade. You bracket so that IF the breakout occurs, you are taken with it. So in looking at the definition of anticipation we see there are several definitions. One of those definitions says "to feel or realize beforehand; foresee". This is like the example I mentioned to you earlier of watching the BIDSIZE/ASKSIZE and seeing BEFOREHAND (ie. PRECURSORS) the precursors to price changing. So just like when I take the umbrella with me to work, it is because I am anticipating rain. When the clouds start rolling in and thunder is heard in the distance, I am not caught by surprise in a sudden downpour. When it happens (ie. becomes NOW), I am PREPARED. Storm clouds rolling in, thunder in the distance, these are indications that the time for rain is drawing close. When the time arrives, there are NO SURPRISES because I was in anticipation of the EVENT. Surprises happen when you don't see them coming. Parents anticipate the birth of a child. Usually, the birth does not come as a surprise. This is because, by the latter terms of the pregnancy, it is very apparent that physiologically, something is happening to the woman that is indicative of a pregnancy. In anticipation of a child, parents prepare a place for the child. Parents do not prepare the child's room as a prediction consequence, it is an anticipation consequence. Trading can be done the same way... Most people just never see it that way...
however, in an effort to further clarify, that does not mean in any stretch that i agree that is what JH is doing. in fact, i dont think he is doing what he thinks at all, i just like the statement. surf
Care for some mustard with that mind pretzel? I see Jack has taught you well! You seem to like the weather analogy, so are you saying that when a meteorologist sees the precursors of rain and makes a forecast, it's not a prediction? Pretend that Jack doesn't predict all you want but Jack busted himself. :eek: As my grandmother used to say: "tell the truth and you'll only have one version of what happened to keep straight."
Girl, "and and" shows you're losing it; the "mm"s were just a careless cut and paste from a web page. I know your type, and I don't pity your faulty judgement because of your attitude. Being where you are is what you deserve. You'll never get out of your hole. This is why you continue your jihad (or communist anger, as they're so much alike). Your intellectual impotence is laughable. Everybody wasted too much time on you. You call yourself a "trader" and "666"... You're neither, you're just a joke!
Alot of things have gone over your head, so goes trading. Mon ami, that is a forecast. They run their weather models based on current conditions and get weather projections and tell the forecast on what the weather will be like tommorrow so that people can anticipate what the weather will be like tommorrow. So the meteorologists forecasts, and you either prepare for or anticipate their forecast. Saying the weatherman makes an anticipation sounds awkward. If you check early enough in the weather segment, you see them stating the current weather conditions (ie. PRESENT). Then they forecast and predict what the weather is x amount of days out. HERE, IT IS A TIME THING AGAIN! When you look into the future and talk about a future point in TIME that is in the future, one is then predicting. The weatherman typically has three segments. What happened during the day - PAST (Highs/Los), what the current weather conditions are - PRESENT, and an x day forecast - FUTURE. Prediction resides squarely in the future. When the future arrives at the present, it CHANGES from being the FUTURE to being the PRESENT. Anticipation mon ami... When you play any game for example, like tic-tac-toe, you anticipate your opponents next move. What this means is that you recognize where your opponent could finish a diagonal, vertical or horizontal. Given that they could do x, y, or z you play in anticipation of their plays so that you get no surprises... In other words, you are ready to deal with the play that the oppenent chooses. You should heed your grandmother's words. She knew what she was talking about Telling the truth like not using conditions that are recommended... But that's just ignorance... Oui??? C'est FINIS!
Apparently, MAK, it's gone over your head that this is prediction. Pretend all you want but it won't change anything. That only works in candyland. "I trade in a perticular category where I am a parasite and I elected to front run the smart money and I deal in a manner that is anticipatory as a consequence." --- Jack Hershey http://www.elitetrader.com/vb/showthread.php?s=&postid=1403701#post1403701
Funny how in candyland, REAL forward tested money (supported by backtests) added more REAL BUCKS to buy a few REAL things, whereas your backtested virtual dollars of the same underlying content failed to bank you anything REAL... C'est la vie. I am just glad the opportunity was taken to fully flesh out what you didn't do. N'est-ce pas?