(I think by going through google you don't have to register...) Anyway, for those who can't get it, it's about a 14 yr. old running a professional - though still small - fund called Mariner Investment Advisers. Whether he will become the Mozart (who started performing professionally when he was around 6) of investments remains to be seen; but it's still pretty impressive...
Joined Apr 2005
|
Status: Dopey Bastard
|1,568 Posts
Kids can be a real pain in the ass at times, but most of the time they're non-stop laughs. I wouldn't want to live without him now that I know him, that's for sure.
{quote} When it comes to trading real money in a market where probabilities play a large role in, I assume that what makes sense is much better than what is written in hundreds of books. Every single TA book I have read says this sentence, the more touches to a trendline, the stronger it becomes. The only contradictory opinion against this which I ever read was in the Dow theory, which states clearly that a trend at the very beginning has the highest odds of continuing further its' way and as the trend goes on, the probabilities keep decreasing...
Ignored
That would be comparing a one chart trend unto itself. Which is true. But for the market, reading charts, you have to compare the charts, "reading" into what is a trend at this moment and maybe the next.
