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Old 12-23-2007, 12:52 AM   #1

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Random?

I don't, understand why folks think the markets are random. What is the real definitions of random in the markets? I really don't know, but often when I view stocks and put random lines of support and resistance they seem to go back for years and be in play. If the markets were really random, would these lines really be in play for 30 or so years? I dunno, more I follow these markets, the more I learn to love VSA. It, just seems so right, it makes me giggle. If, I had millions, why wouldn't, I take advantage of the f*cking idiots? Follow my post in the Docs, thread and you will see my thinking to this. Happy holidays and a happy new years.'
Ps. I, am, intoxicated!!!
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Old 12-23-2007, 01:50 AM   #2

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Re: Random?

JW - it's easy for people to say the markets are random b/c from a bird's eye view they are - sometimes up, sometimes down, sometimes makes sense, sometimes doesn't, etc. etc. It's also easy for the random theorists to put holes in your 'see this trend line hold' ideas by saying you just cherry pick the obvious times a line may have held.

And the other side of the coin technical trader can point out many times a trend line, support area, etc. held over and over and over again.
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Old 12-23-2007, 07:19 AM   #3

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Re: Random?

Trading is a curios game. It attracts some of the smartest minds there are. Yet, most traders loose. So, if the best and the brightest can not figure it out, it most be random. Or so the thought process of the 90% who fail to make money goes. Most people spend their time trying to conquer the market, rather than learning how to surrender to it. Guess which group doesn't even care if the markets are random or not ? And they aren't.
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Old 12-23-2007, 08:35 AM   #4

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Re: Random?

Chaotic not Random is my guess. There are several observable, exploitable tendencies that suggest non randomness to me.
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Old 12-24-2007, 12:24 AM   #5

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Re: Random?

Remember back when you first started trading? Or at least if your trading the minies, buying tops and selling bottoms using the wonder of indicators out there and wondering why every time things lined up your way and you took a trade you lost money.There is no answer to to the question of rondom vs chaotic, in my opinion the word is logical.The market will trade higher until no more buyers are willing to buy ,then sellers will sell until there is no one left to sell.Over and over the cycle goes . If your not using some way of reading order flow and volume ( market generated info not indicators) you will be forever in the dark and at the mercy of those who have taken the time to learn how to determine these things. After all the name of this game is for my account to get larger at the expense of your account.Screen time with real info will do you more good than any course or indicator,save your money for trading when you're ready. Happy holidays to all and good luck.
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Old 12-24-2007, 01:04 AM   #6

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Re: Random?

Quote:
Originally Posted by ckait »
Remember back when you first started trading? ... buying tops and selling bottoms ... and wondering why every time things lined up your way and you took a trade you lost money.
Are you bugging my house?
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Old 12-24-2007, 01:37 AM   #7

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Re: Random?

You have to understand that the markets can move because of just one person. That's why they are random, because one person can disagree with a trendline and bid up/down the price and then the trendline is broken. If that makes sense.

But in all honesty, I don't believe it's random just like I don't believe anything is random. I think there are some complex mathematic equations that can predict the market and be right 100% of the time. I don't believe that will ever happen, but I think it's possible.
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Old 12-24-2007, 01:42 AM   #8

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Re: Random?

Somewhen maybe James, but I don't think that will happen any time soon, it's difficult to accurately model a complex system. We certainly haven't figured out how to do it e.g. for the weather.
Remember markets are not only driven by price action alone but also by other events like wars etc. etc., basically fundamentals.
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