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> You're assuming parent is trading on news, information, or fundamentals. A technical trader wouldn't care about anything you've mentioned. I don't believe it

• baq 8y ago
  It's educated guesses. At small scale you're just a speck traveling with the wind. Your job is to guess if direction suits you long enough. If you see someone with a leaf blower, it's just easier.
• kgwgk 8y ago
  The data may be noisy but as long as it’s not just noise it may be possible to find a signal that can be exploited. By the way, people read the future all the time: it will rain today and it will snow in four months.
• pasabagi 8y ago
  I've never tried it myself, but I don't think it sounds impossible. Realistically, the greatest single stimulus for traders is the curve itself. So it would stand to reason that there would be patterns to its movement, since people and machines expect there to be patterns.
• mikestew 8y ago
  I don't believe it's possible to consistently make money ignoring "news, information, or fundamentals". I’m not here to argue if it works, I’m arguing that there are people who trade stocks with no concern for anything that you mentioned. Argue the effectiveness all you like, people still do it.
• usefulcat 8y ago
  If you haven't heard of arbitrage, you might want to look that up before assuming that all forms of profitable trading require knowledge of the future or inside information.