trend following delusion shattered

Discussion in 'Trading' started by hank rollins, Mar 15, 2005.

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  1. the system stopped working in the nasdaq over a year ago. i adapted it for the DJIA, and currently OIL. i am not sure what you mean, my entries are profitable with continuations not reversals.( except on rare occassions like the recent oil trade) see "surf report" on the journal thread for numerous chart examples. kindly explain what you mean and i'll try to answer.

    best wishes
     
    #901     Mar 28, 2005
  2. Do you ever talk out of both sides of your mouth at the same time?
     
    #902     Mar 28, 2005
  3. Here is the release version:

    What method can be applied to past price to determine the value of a profitably large d such that |p1-p0|>=d, where p0 is the current market price and p1 will be a marketable price in the near future?

    To qualify, an answer must be posted in plain text and then demonstrated by way of real time trading calls that each specify how the proposed method is being employed.
     
    #903     Mar 28, 2005

  4. I know it will be useless to post it, but it was clear before the opening that we had to go long. An indicator based on past quotes told me to go long and stay long until the indicator would reach 100. I got out of my long about 5 minutes ago at 1183.
    Probability of the indicator reaching 100 is 90%. Even if we don't reached 100 i can close my position without losing money.

    A small chart is included. I won't show more or explain more because it would be like preaching for atheists.
     
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    #904     Mar 28, 2005
  5. I think you need to take a step back for a moment. Assuming that someone has such a "system" or method (which I personally do not believe in), what would motivate such a person to freely divulge such valuable information? The "glory?" So, is not your effort doomed from the get-go regardless of whether such a magical method exists?

    P.S. You may wish to consult with hanksurfer. As I understand it (or misunderstand it), he "predicts" future prices and makes forecasts based on some kind of price/time continuum or other. I think it involves wheels or pinwheels of some kind or other.
    :D
     
    #905     Mar 28, 2005
  6. Thnuderdog:

    If you post an "answer" you win a T-shirt with the following text
    on the front:

    "What method can be applied to past price to determine the value of a profitably large d such that |p1-p0|>=d, where p0 is the current market price and p1 will be a marketable price in the near future?"

    Underneath is a picture of you pointing a gun at "Nickelpickers" head.

    On the back "Ladies, ask me about my large d"

    :D

    And you ask why folks aren't waiting in line to give him an answer?

    Lefty
     
    #906     Mar 28, 2005
  7. And then Lefty the Clown pops up to add something goofy to a serious discussion.
     
    #907     Mar 28, 2005
  8. Serious, hee hee hee

    You pompus ass.

    Excuse me, I have to go have some T-Shirts printed up.

    :D
     
    #908     Mar 28, 2005

  9. LOL, nickel. these guys have no clue regarding the point you are making. let them keep believing in spurious correlations and visual illusions, our money has to come from someone.

    :D
     
    #909     Mar 28, 2005
  10. How many trades do you think were possible if you slipped down to the five minute chart with the indicators, etc.? 1, 3, 5, 7???
     
    #910     Mar 28, 2005
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