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If such a simple algorithm worked reliably then you would not want to advertise it because then it would not work any more.
by georgyo 5y ago
If such a simple algorithm worked reliably then you would not want to advertise it because then it would not work any more.
- syspec 5y agoTwo economists are walking down the street and seeing a $20 bill lying on the sidewalk. The first economist says, "Look at that $20 bill." The second says, "That can't really be a $20 bill lying there, because if it were, someone would have picked it up already."
- elil17 5y agoIf the street was crowded with PHD money finders, the economists might be wise to assume that it’s a fake bill.
- fiestaman 5y agoThe first scoffs and reaches down to grab the bill, but can only watch in dismay as the kids around the corner reel it back on fishing wire.
- SantalBlush 5y agoThey would be right to find the $20 bill suspicious. Arbitrage exists in the real world, but it doesn't last long.
- PascLeRasc 5y agoHolding cash? I don’t think so.
- sabujp 5y agoactually the opposite is true, I do want to advertise it so that "savy" traders follow a predictable pattern making the market move in the same predictable way. People who just buy and hold will continue to provide a floor. What I basically described is a way to buy low and sell high since the majority of technical indicators are based off of moving averages.
- hungryforcodes 5y agoWhat you're describing is just a basic Bollinger Band strategy. Everyone and their cat IS already using it. It seems to work fine despite this.