Fractals Failed
#1
Posted 20 April 2007 - 09:51 AM
#2
Posted 20 April 2007 - 09:56 AM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#3
Posted 20 April 2007 - 10:01 AM
#4
Posted 20 April 2007 - 10:18 AM
recognize when the change develops ...........
Hank
We've seen some pretty good evidence of the lack of reliability in fractals. Hope QID didn't get hurt tooo bad. Haven't seen him since that 2500 view post he had. Tend to be concerned when there is so much confidence.
#5
Posted 20 April 2007 - 10:28 AM
...And QID trader won't be back. He wasn't for real.
There was something, er, fractal about QID.
#6
Posted 20 April 2007 - 10:33 AM
...And QID trader won't be back. He wasn't for real.
There was something, er, fractal about QID.
I think QID was dysfractional. he must be from a dysfractional family like er, ... , I forget.
#7
Posted 20 April 2007 - 10:34 AM
#8
Posted 20 April 2007 - 10:35 AM
#9
Posted 20 April 2007 - 10:51 AM
With this outrageous manipulation usually in a OpEx week, no methods are reliable.Fractals are rather reliable...I mean as reliable as anything else. Sometimes wrong, sometimes right. It's just that the times that they are right are so scary right that they get people to over commit.
And QID trader won't be back. He wasn't for real.
http://www.traders-t...showtopic=69288
I hope SEC cares about this.
Edited by redfoliage2, 20 April 2007 - 10:53 AM.
#10
Posted 20 April 2007 - 10:58 AM
Nimblebear...fractals seem as good as many others I have seen...whatever system you use, you get your setup, get signal, take your shot...and use stops to protect. There is no grail out there, if some system hit 90% of the time, it would be kept secret and over traded...you act like a system can't be wrong?
I wasn't really knocking fractals. I was more concerned by the perceived followers that were fairly convinced they could trade regularly off the information being presented. There have been some good calls and some not so good. It looks 50/50 to me. I was thinking that if a fractal failed failed, like it did in QID's situation that for it to be somewhat reliable you would have probabilities assigned, and then some outside criteria as to why it failed so you could use some judgement in the future.