Stock market collapse in November

[sasguru]

Ok Ok only when it comes to making money

[AlfredJPruffock]

There are? Name me one.
(I don't count Poker players as there is an element of skill there)

Actually that statement right there suggests to me that you don't understand the nature of probability - you cannot be a pro gambler, say, in a casino because every system in the casino is designed to have an edge for the casino.
If you gamble for long enough in a casino you WILL lose, END OF.
Because the system is designed that way.

Pity you cant ask Christian Huygens who first developed Proability theory - and the ppocket fob watch and the Pendulum Clock - and Titan - he ws also curious about Time Travel.

And Wave theory - and a new musical tone system.

Quite a Polymath.

You should read about him - theres a splendid Biography named 'Titan'.

Thats it ....

[AlfredJPruffock]

There are? Name me one.
(I don't count Poker players as there is an element of skill there)

Actually that statement right there suggests to me that you don't understand the nature of probability - you cannot be a pro gambler, say, in a casino because every system in the casino is designed to have an edge for the casino.
If you gamble for long enough in a casino you WILL lose, END OF.
Because the system is designed that way.

Pity you cant ask the old Dutch Astronomer Doctor Christian Huygens who first developed Probability theory - and the pocket fob watch and the Pendulum Clock - and the moon Titan - he ws also curious about Time Travel.

And Wave theory - and a new musical tone system.

Quite a Polymath.

You should read about him - theres a splendid Biography named 'Titan'.

Some say in a foggy evening - you can hear his footsteps on the canal paths of Leiden.

Thats it folks ....

[sasguru]

No, but you know that people will not pay £20 for a two bob hat, you know the background forces and you know how the markets work.


plus that post was never worth three wry smilees, one at the most

Oh yes it was (to your second comment)


My argument is that on a day basis there is no discernible pattern any decision you make is equivalent to tossing a coin.

[sasguru]

You should read about him - theres a splendid Biography named 'Titan'.

Thats it ....

I have and Fermat, de Moivre etc. etc. and all the other titans of probability

[Moscow Mule]

My argument is that on a day basis there is no discernible pattern any decision you make is equivalent to tossing a coin.

I have no view on your argument, other than to say that if I had such evidence or method to discover such a pattern I wouldn't be sharing it for free on the internet.

[SantaClaus]

I have an open mind and am willing to believe in reasonable evidence
Haven't had any on this thread though..

I can tell you that there are many events that occur on price charts which have a greater than 50% chance of occurring:

• Bounces off pivot points
• Bounces off support/resistance
• Bounces of fibonacci retracements (the GBPUSD and euro$ like the 50%)
• Price reaching fibonacci extensions
• Price action patterns playing out, such as pinbars.
• Round number bounces

But the real edge is when you put some of these things together in confluence.

Unfortunately to really prove this, you will have to sit in front of a chart every day like I do. Think of it as the equivalent of putting in flying time to receive a Pilot's license.

[SantaClaus]

I have no view on your argument, other than to say that if I had such evidence or method to discover such a pattern I wouldn't be sharing it for free on the internet.

I could share my system here and most people just wouldnt "get it". And others wouldnt have the right psychological make-up to follow it through.

But I wont

[AtW]

This thread will never reach 1000 posts, or will it? I might need to call up my fembots

[EternalOptimist]

I could share my system here and most people just wouldnt "get it". And others wouldnt have the right psychological make-up to follow it through.

But I wont

I think I 'get it',

your CUK name is a bit of a giveaway.
you need a big sack, and only come once a year