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#1
12-15-2005, 11:16 AM
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Re: The Trend
[ QUOTE ]
[ QUOTE ] There's no magic formula for playing limi hold'em either, but it's certainly more science than art [/ QUOTE ] What about no limit? Certain areas of trading are certainly scientific and math based. Chart reading and technical analysis are not. They are all feel and experience and trying to create some sort of black box is an excersize in futility. I've stood in trading pits or have been staring into a trading screen for close to 20 years and if there was a mathematical solution the business I am in wouldn't exist. [/ QUOTE ] I have news for you: What you describe as "feel" is not messages from Jesus, or use of The Force, or the result of rain dances or voodoo dolls or virgin sacrifices to the trading gods. They are the result of processing information that you have available to you. YOU are a "black box." All we're talking about here is what information you're using, and how you're using it, when you "follow a trend." If you can't describe it, I submit that you don't actually know what you're doing, and aren't saying anything meaningful when you advocate "following a trend." Either it means something or it doesn't. If it doesn't, let's please shut up about it. If it does, let's get on with the business of describing it. eastbay 
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#2
12-15-2005, 11:40 AM
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Re: The Trend
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If you can't describe it, I submit that you don't actually know what you're doing, [/ QUOTE ] I did describe (how I use it) in my first reply in this thread. Maybe you should reread that?
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#3
12-15-2005, 11:43 AM
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Re: The Trend
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[ QUOTE ] If you can't describe it, I submit that you don't actually know what you're doing, [/ QUOTE ] I did describe (how I use it) in my first reply in this thread. Maybe you should reread that? [/ QUOTE ] I read it. "Other things" is not testable. Do you believe your trend following is valid without these "other things"? eastbay
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#4
12-15-2005, 11:49 AM
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Re: The Trend
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Do you believe your trend following is valid without these "other things"? [/ QUOTE ] For me? No! I use trends in conjunction with support/resistance and oscillators and other indicators to get a feel for the total picture.
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Hybrid Mode
