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To: fut_trade who wrote (8607)3/31/2002 11:25:58 AM
From: Victoria Pearson  Read Replies (2) | Respond to of 8925
 
Short term action is nearly random when the market is in chop.. I do not find the action random at all when the market is trending, which is why it is so important to identify the market conditions all the time.
I have not had too much experience with systems trading but I have watched 3 or 4 or them and from what I have seen they get killed in chop.
I mean destroyed.....
If the short term action looks random "nearly" all the time... this only says that the on looker does have a good background in understanding price action... in which case system trading is a sensible choice.