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Old 12-24-2007, 03:10 PM
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Re: Random?

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And I think we need a definition of random before this thread goes on anymore.

I agree exactly with what PP says but when I'm trading I know that anything can happen therefore I believe it's random. And by random I mean when I enter my trade it could go up or down, and I don't know and that's what makes it random. Hopefully that makes sense.
Random:

Having no discernible structure or repetition. An uncertain or equally probable choice or outcome, without pattern and dictated by chaos or chance.

Perhaps if anything can happen you mean unpredictable?

Financial markets are not random. Chaotic systems maybe (I'm not qualified enough to give a definitive answer), unpredictable yes.

Weather forecasting is a great example someone else mentioned earlier.


Last edited by MrPaul; 12-24-2007 at 03:16 PM.
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