THERE IS NO SIGNAL - IT IS ALL NOISE!

[TheRumpledOne]

THERE IS NO SIGNAL - IT IS ALL NOISE!

http://youtu.be/sR3M41cgbas

[MightyOne]

We can control:

1) the speed at which we lose
2) how much is lost
3) position size
4) where we enter
5) potential profits (via accumulation)
6) the level of complexity in our trading
7) our mind

did I miss anything?

[PebbleTrader]

8.) when we are in/out of the position (time)

[PebbleTrader]

9.) account size (my personal opinion is that the traders with really small accounts are just setting themselves up for failure)

[PebbleTrader]

I was just thinking about this...

PRICE & TIME is the signal...

[pawelklos]

I think time doesn't matter. Price is important, we trade price, not time.

[PebbleTrader]

I agree, PRICE is vastly more important than TIME.

I'm looking at time in the sense of consolidation or trending and to insure that my ideas generate profit in a reasonable amount of time.

[dchappy]

TRO : Yes I agree with your statement that it is " all noise ".

However ,I believe /see that the noise forms patterns .

And these patterns (which can often be "forcasted ", because they

follow certain rules or laws ) , become the signal .

I too am a horizontal line trader ......

I draw the lines at the edges of the patterns formed by the noise ..

[dchappy]

btw ..good video ..

I plan to read the book .........

[pawelklos]

I agree, PRICE is vastly more important than TIME.

I'm looking at time in the sense of consolidation or trending and to insure that my ideas generate profit in a reasonable amount of time.

I understand.

Personally, I prefer Renko chart.