PS: Also people... may not care much for the specifics of price dynamics since they do not actually need it to directly trade just to understand why the trading worksDarkdoji wrote: ↑Tue Mar 28, 2023 4:39 amYou know there are no resources on chaos theory and fractal geometry applied to trading per se. I started off from first principles and developed the tool we can now use. When I say price dynamics I mean chaotic dynamics since the context is the same (some complex dynamical system with a singularity looping through space). So yes the dynamics is here https://www.complexity-explorables.org/ ... ic%20chaos. But in addition there is also my specific discovery of how price moves which is here: https://www.mathsisfun.com/sets/injecti ... ctive.html but of course it takes even wider reading than that to get the full hang and that is by googling up aspects. So anyone (such as may be you), who wishes more insight into price dynamics will have to go through the route I took. I could do a diagrammatic presentation but not much meat in that until and unless you have at least read and understood the first site and are able to connect it with the second then further readings expand your scope. You are going to need to visualize things a lot in terms of how what you read applies to markets. Until we have books on the topic for trading this is the best you can do since I am not going to write a book after the hassle of putting a model that works together. In any case I feel it is better to read the math directly.
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PS: Also people a) waiting for the inverse on command and b) winning such trades each time may not care much for the specifics of price dynamics since they do not actually need it to directly trade just to understand why the trading works especially given the general trader attitude you suggest above.
From what I have seen, most "traders" don't care about what an indicator is actually "indicating". They just want it to produce some kind of a signal. So indicators are routinely used to provide a signal that in reality, has no connection at all with what the trader thinks is being signaled. And because the win rate of the system using the indicator is quite low, but there are indeed winners, the trader's belief that the indicator is actually a good one is reinforced, and he just needs to make some adjustments to the system to improve the win rate. He doesn't even consider that the winning trades could be the result of pure coincidence and have nothing to do with the indicator itself. After all, on an hourly basis, even a stopped clock is correct 2 times out of 24.