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>Mark and Tim,
>
>Why would you want to trade against the trend? I'm assuming you mean
intraday trend, not daily trend.
I mean both.
>Trading against the daily trend is just not smart. The swings are smaller
on the reverse than they are in the direction of the trend. The
probabilities of a body in motion continuing in that directions are
overwhelming. Profits are small trading against the trend while the risk of
ruin goes through the roof.
Ok whatever. I have found the opposite to be true. I didn't read it in a
book some where, I proved it on a computer. I would have happily done
whatever the computer showed me to be the most profitable way to trade. I
have no opinions of my own when it comes to trading, I want to make money
thats it. I have a hardware addiction to finance. I know there are others
on the list that would like to velocity and acceleration as it is connected
to estimating the probabilities of a successful reversal of a trade. I
would direct you to a discussion that I have been target of by a French man
on yet another list. There you would find elementary babbling of a little
know math theory called Browian motion, which I have been purported to be
connected to in an entertaining way (clap, clap). I would suggest that the
use of Browian motion is at the least incomprehensible of many traders and
certainly not understandable by academic. If you can dream you can get it,
to apply something that is known is not great. I believe that at least Val
Clancy here on the list is hot on the trail perhaps, the mere use of such
advanced mathematical programs such as MatLab will stimulate one to
understand the futility of common methods of trading. There is such a fine
narrow blend of Science and Brute force needed to conquer the markets that
it is at least a combination that is truly random. I was gearing up to
discus the advanced methods of acceleration and velocity but I now realize
that it would serve no purpose other than to frustrate me. I like this list
and I'm in no mode to fight much anymore much. I have found it disturbing
recently while I was adding contracts to build my perpetual real time data.
That I was now into the next year, and still have no clue of when I'll get a
y2000 patch or TS5. Where oh where are the Omega defenders now? All
busted and selling shoes after this recent big downturn? All those curve
fitted buy only systems with trailing stops falling apart now I guess?
MB
>I agree that fading an intraday trend however can be profitable.
>
>Brian.
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