Why do I see "Trends" in Randomly Generated Data?

Hey that sounds familiar - multiple un-correlated systems - I think is the term I have used in other threads.
see http://www.elitetrader.com/vb/showthread.php?s=&postid=1735531#post1735531

So MAESTRO has 200 intraday auto trading bots/ mechanical systems/ games (call them what you will) on the go, I assume over many global markets. All based on math and logic, however different math and logic to those that use daily or weekly time frames and find "trends" like ProfLogic and myself.

I fail to understand why ET agrue the semantics of skinning a cat, when there are so many ways to achieve the same ends - profit. I say, use them all.

pneuma

 

how about posting your trading station, for the uninitated among us, Maestro?

thanks,

surf

 

Allow me Maestro. I've always been impressed with your wall.

 

the arrogance of the acolytes of math is well known
they do enjoy their painting ~ trading by numbers but discussion with them is pointillist

nice illustration of Gann lines by the way — fig 3 of the 'article'

 

Hey you said what I said, but your way is nicer

 

You see "Trends" in Randomly Generated Data. Don't feel bad, so does Burton Malkiel (ARWDWS chapter 6). Mark Brown sees "Trends" in rolls of the dice (link1) and in spins of the roulette wheel (link2)

Me, I look at price charts of commodities and sometimes I see "Trends" too! We're all delusional, but in slightly different ways.

 

Hey, that's an old picture! Our walls are 10 times bigger now!

 

You can almost sense the evil lurking behind those monitors. MAESTRO, this is just plain wrong!

 

No, not evil! Just having fun! Scientists are people who satisfy their own curiosity using someone else’s money!

 

Numbers don't know if they are random or not. Only two outcomes. Up or down.

John