simple, tradable, awesome statistics

[PebbleTrader]

"Past has no bearing on future and future has no bearing on present.
Only available information is the current moment = current quote.

Price has equal potential to go up or down from current quote.

Knowing "how much" it will move is predicting, which is pointless since by predicting we are trying to influence what price will do and it has no bearing on how far it will go"

Well said

[PebbleTrader]

[PebbleTrader]

Time is not the same in Wonderland

[PebbleTrader]

There is other cool stuff we can do.

I gave it in a black and white sense where it's all or nothing.

But what if we could do things like "Time Surgery"...where we surgically remove sections of time so that it can better help us SEE the path forward.

[deltaskelta]

"if you truly don't care about the past, then what are you trying to say by this picture? its relating a whole bunch of past events to the present"

What does speed look like on a chart? ...a trend line

That is showing many options that could exist for a trend line.

Which one is going to make money?

What it is showing is the subjectivity involved in speeds.


But can the trend lines studies be used for analysis....?

I'm saying that at some point during a trading sequence, it might be useful to hop down into the rabbit hole where time is ignored.

Just like a hammer is the tool of choice for one job, whereas for another it could be the power drill.

I got you here, I thought you were giving a new way to visualize trend.

Instead you were just pointing out that trend is too flakey.

[deltaskelta]

I think by noting subjectivity of speeds, you are saying that the TF is irrelevant because it is an arbitrary compression of data?


"But what if we could do things like "Time Surgery"...where we surgically remove sections of time so that it can better help us SEE the path forward."

You mean like remove dead spots in time where nothing happens? explain further please.

[PebbleTrader]

"I got you here, I thought you were giving a new way to visualize trend.

Instead you were just pointing out that trend is too flakey."



It can still be used, but what other tools are in the toolbox ?

[speed26]

hmm...i see that trends are by themselves subjective, although they are also classed as a deviation from an average.

I agree with what is being discussed here 100%, but, what i cant get my head around (as of yet) is HOW do you build a trading model that uses current price quote as a reference point...it goes up we buy...it goes down we sell...but at which points above/below such ref.point? Im wondering if standard deviations could come into play here.

Also what is more important is when NOT to trade.
By knowing when to stay away, we know when to trade.

false moves, fakeouts, exhaustions,...all these are issues no matter how we look at price...it is knowing HOW to avoid these challenges.

As for splitting time,...seems interesting. Curious to know

[PebbleTrader]

"But what if we could do things like "Time Surgery"...where we surgically remove sections of time so that it can better help us SEE the path forward."

"You mean like remove dead spots in time where nothing happens? explain further please."

Yes, example of time surgery:

[PebbleTrader]

^----------What if we don't want to remove all the time, but just some of the time...