Surf is using Bollinger Bands to pick tops during a strong bull market rally No wonder he is getting his ass handed to him on every trade. To any newbies reading this: Do not try picking tops during a strong market rally. You will get the same result as the OP is getting.
I will try to make this easier. How many up moves or series of up moves increase the odds that the next move or series will be higher? You can't answer this question. This makes what u do not quantifiable and in the realm of mysticism. That is why what u do is the same as guessing you just don't get it because your world view is at stake. surf
It is very possible to test a trading system that buys the Dow every time it makes a new all time high.
More to the point, if his strategy worked as claimed, he'd open his own trading journal rather than free-riding on OP's pageviews.
Can you give the answer? If not you are just as stupid as you think the other one is. Just give the numbers so that we can check.
This statement proves that Truetype is MarketSmurf's sock puppet for sure, who else would give a shit about this Journal's page views? Smurf, are you really so insecure that you need to use multiple aliases and sock puppets in order to try and make yourself look good and support your opinions??