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Fooled by randomness 15 replies
Best book on randomness in markets and market probabilities? 4 replies
MM - Using randomness against Asymmetric Leverage 12 replies
Thoughts on randomness and systems 40 replies
Poll: Are trends rooted in randomness? 16 replies
Dislikedsorry to take us back to the wife following analogy, but if we are at the right hand edge, we cant see the wife, until after she has movedIgnored
DislikedThe market is not random, the people here that say it is do not understand or have the correct analysis tools to make this comment. The market is pure supply and demand, what you can see every day is the market going to these areas of supply or demand to get the orders. To say that the people chasing these orders are just randomly entering the market on a whim is just foolish. You may not be able to say exactly where a market is going by when but clearly that does not mean its random, it means that you lack the tools to uncover its driving force....Ignored
Disliked{quote} I humbly disagree. If the market is NOT random, then it can be predicted. If it can be predicted then there would be no market. Therefore the market MUST BE RANDOM to exist.Ignored
Disliked{quote} The market is sometimes random and sometimes non random! Do you humbly agree? If it cant b predicted sometimes then we have no reason to be in this business. We just gamblingIgnored
Disliked{quote} I humbly agree (: .. even though, the non-random part is in itself very hard to predict and is not reliable (the non random part disappears over time). So, yes we are just gambling.Ignored
DislikedBy the way im also short audusd from 0.7740 with a target of 50pips. I posted that on my thread. Even if market is 90% random we can trade the 10% non randomnessIgnored
Disliked{quote} Close but not exactly. Left my job and tried to trade using charts (at the bank we don't even have charts lol) only the order book. Trying to look for the same thing on charts is were the break between institutions and retail happens, This is the whole point You are all not looking at the same thing we are looking at ... so this is a serious issue because there is so much random noise and price levels that are not of any importance to the big money. We are only interested in the market when it leaves VWAP and thats where the truth of the...Ignored
Disliked{quote} Closed audusd short for 35 pips at 0.7705. Market is now random for audusd. Price could head anywhere from hereIgnored
DislikedHaving just tripled an account on a friendly basis for a friend of mine, over a period of a year, something I should point out that I would have been incapable of a few years ago when I was still learning, I reiterate that forex trading is not for everyone. I do sympathise with those who devote huge chunks of their lives and fail. There have been times when I believed it was impossible.Ignored
Disliked{quote} I humbly disagree. If the market is NOT random, then it can be predicted. If it can be predicted then there would be no market. Therefore the market MUST BE RANDOM to exist.Ignored
Disliked{quote} Close but not exactly. Left my job and tried to trade using charts (at the bank we don't even have charts lol) only the order book. Trying to look for the same thing on charts is were the break between institutions and retail happens, This is the whole point You are all not looking at the same thing we are looking at ... so this is a serious issue because there is so much random noise and price levels that are not of any importance to the big money. We are only interested in the market when it leaves VWAP and thats where the truth of the...Ignored
Disliked{quote} Hello Mingary, there are documented examples of people calling the market tops and bottoms on a regular basis, Gann's wheat trade was one such example. No one knows Gann's methods however they were rediscovered by a chap called DR. Jerome Baumring his work was later also simplified by Cowan who made some really precise stock market calls picking the low of the 2009 reversal to the day. So clearly there is some sort of motive force that drive markets that can be predicted in advance, otherwise it would not have been possible for the people...Ignored