thank you and it was in 1971 that i heard this song. i was in HONG KONG doing my schooling there my dad was posted and working there.... BTW i am neutral about the song
what goes up fast may come down fast....but we do not know how far a trend will go....but noise is far more predictable....it will at most make a high before it reverse
the answer to chop and trend can be found within math that can be bound to 100% of the price action. then knowing without a doubt every movement of the price action you apply more math to project a probability nearby into the future to place trades in front of the market. math / probabilities / order placement / money management and lastly psychology are what is required to successfully trade for decades. btw there are many harder ways to make a living than trading it's just that it seems the hardest when you have not yet mastered it like anything else discipline to apply knowledge is required. Mathematically Predicting the Future?
my take on statements prove me wrong. there are many people here who are managers of funds which are pools of money which sometimes can be found within professional reporting services. these results are audited by independent companies and provided certified results. an individual can just fling up the one monthly statement that you made money. individuals who post statements here should provide all their statements from day one and have those results independently audited and if not found to be profitable then restricted to being on this forum. that would leave only me and a few other people i know left to talk on this forum it would be pretty lonely. not that it isn't already lonely wading through all the ignorance here to have an adult conversation about trading.
MarkBrown, Sounds good to me. Let's do it. Because in all honesty, that is what makes trading hard. You have guys like me, who have never had a winning year, and still in trenches learning and practice, and I have the ability to give someone advice on trading. But I don't, because I am smart enough and ethical enough to say "hey how you give some advice and you don't even make money trading" My only advice for a trader is prove in simulation first. And this how people lose money. It like the pony and clown show. The tail wagging the dog. Noone post charts, noone post account statments, just random noise. Better to watch chart noise. Or go watch a price action trading course or something. I can not wait untiil I am profitable, I will be blasting my account statement on ever single post when I give advice.