RE:RE:RE:RE:You cannot beat TA!Marcel7 wrote: Dude, if you think that the algos and hedge funds follow patterns then you are an idiot.
The algos trade so fast and make their pennies before you even SEE the price of the stock fluctuate due to co-location.
After that, I guarantee you that they use sophisticated stochastic or probablistic models that have about as much to do with your so called "charts" as a childs drawing to the Sistine Chappel. These are sophisticated MATH and STATS based programs, not human driven visual chart based.
Exactly. And their profit of pennies/share a day are almost risk-free, which if they accumulate to even half a per cent /week could amount to gains of 25%/yr. They can play with a $billion and, well, do the math.