The best I've seen on ANY Forum!

[So_Cynical]

Trend following....now i get it.

Its just like punting on two up at the casino...when the inevitable run
starts, bet with it and keep winning as long as the run continues.

I find it hard to keep going heads when there's already been 10 in a
row, so trend following prob don't suit me.

 

[Nick Radge]

The move from bid to offer is actually a trend fellas.

Trend following is nothing like punting at a casino. The casino restricts your bet size and restricts your win size. Markets allow maximum bet size but more importantly, for trend followers, no maximum upside.

 

[tech/a]

Semantics.
Each to their own.
For those who like simplistic solutions I feel this piece has its place.
Those who prefer more complex trading gymnastics--other solutions will fit them better.
In the end consistent profit is the goal---one mans simplicity may well be seen as one mans complexity to another.
If the trader knows why his simple complexity turns a profit he is well in front of those who have no idea.

 

[Trembling Hand]

Semantics.

Sometimes thats all I have!!

:

 

[Cartman]

Trend following....now i get it.

Its just like punting on two up at the casino...when the inevitable run
starts, bet with it and keep winning as long as the run continues.

I find it hard to keep going heads when there's already been 10 in a
row, so trend following prob don't suit me.

Another South Park junkie lol ---- SWEET ------

The market is the best casino around.

If the market gives you get 10 Reds in a row and the momentum is slowing and the volume is dropping its probably time to start accumulating Black.

Great thing is that even if Black doesn't come up on the first few spins, chances are you will still win anyway ----- If red starts to come up again, you usually get a couple of opportunities to cash out with minimal losses.

Just a matter of putting the edge in your favour ----- Buy at the bottom of cycles, sell at the top. Add some risk management, stir well, couple of hail mary's and bobs your uncle.

Simple in theory, hard in practice ----- Why? ----- Human nature likes to sabotage itself.

 

[chops_a_must]

I'll then ask this.
How do you (or anyone else here who trades) know that repetition of their entry and exit strategy will turn a profit.Particularly if your a discretionary trader.Not saying you cant profit trading in a completely discretionary manner but HOW do you know what YOUR doing time and again will or even CAN turn a profit. 99% simply don't know.

Faith.

Deal with it.

I would argue that its the profit and results that show you can do it.

If you are still doing it profitably after a yr, 2 yrs, 5yrs then it has proved it works

Still doesn't explain why people extend it into the future. The key word is above.

Semantics.

Not really.

All probability theory is, is manipulation of the language of faith and hope into something that sounds better and is more palatable, but retains all the inherent properties of faith and hope.

 

[GumbyLearner]

All probability theory is, is manipulation of the language of faith and hope into something that sounds better and is more palatable, but retains all the inherent properties of faith and hope.

Interesting quote chops.

You know really when it comes to semantics it was those guys studying for their B.A. (Bugger All) majoring in postermodernism that use to annoy me with their semantics and useless tripe.

Here's some useless and classic examples

www.elsewhere.org/pomo/

 

[chops_a_must]

Interesting quote chops.

You know really when it comes to semantics it was those guys studying for their B.A. (Bugger All) majoring in postermodernism that use to annoy me with their semantics and useless tripe.

Here's some useless and classic examples

www.elsewhere.org/pomo/

Postmodernism is one of my pet peeves.

 

[GumbyLearner]

I agree chops.

Its like trying to stay awake on caro or trying to get pissed on claytons.

:

 

[chops_a_must]

I agree chops.

Its like trying to stay awake on caro or trying to get pissed on claytons.

:

It's just completely self refuting. You can't deny meaning to what you are attacking; as what are you actually attacking, nothing?

 

[frugal.rock]

This definately belongs here in my view.

Its a 3 hr Crash course but a must for those into the fundamentals which will quite possibly drive our future over the next 20 yrs.

Thanks to Jose Silva for providing the link.

http://www.chrismartenson.com/crashcourse

Just thought I would provide an updated link to this...

Crash Course | Peak Prosperity

The Crash Course has provided millions of viewers with the context for the massive changes now underway, as economic growth as we’ve known it is ending due to depleting resources. But it also offers real hope. Those individuals who take informed action today, while we still have time, can lower...

peakprosperity.com