5th July 2012, 06:43 PM
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Member
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Join Date: Jan 1970
Posts: 589
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Quote:
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Originally Posted by Lord Greystoke
Thanks for the clarity, Beton.
Mostly agree with you - especially your final point.
Further points to consider might be...
1. Are we all looking at the same historical data - readily available or otherwise?
2. There will be many different interpretations/applications of that data
3. Even with similar interpretation, most will not apply selection logic based on historical data in the same way or consistently over a period of time
4. There are also different markets(not just the one for 'mug money'), intepretations of market movements and diff time-snapshots to consider
Cheers LG
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LG
With computors we are all looking at the same data.
Everybody has a different view of the data. But most learnt at school 1+1=2, so the result of the data is consistent. People read the same favorite as a result. To get 1+1=3 you have to stark raving stupid or very astute. And if you are very astute, you don't want to tell anyone out of fear of being recognized as the former.
Everybody is looking for a different result but 1+1 will always =2 (and money out the pocket) and to get 2+ you need more than the original data.
As for the markets and market movements, Unless you know the origin of the money - whether it is smart money or mug money or bookies hedging their book, it is hard to be of value other than more shorteners win than drifters. Beton
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