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<p>[QUOTE="-jeffB, post: 3263036, member: 27832"]<a href="https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/">https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/</a></p><p><br /></p><p>Charts show <b>price over time</b>. They show <b>nothing</b> of what <i>causes</i> changes in price over time.</p><p><br /></p><p>"Learning history" involves studying <i>causes</i> of events, not just memorizing event positions on a timeline. (Although I knew some teachers, and many students, who didn't seem to understand that.)</p><p><br /></p><p>Making predictions from charts <i>is</i> claiming that a history of price over time contains all the information you need to predict price at a future time. And that, to me, is fundamentally silly.</p><p><br /></p><p><br /></p><p><br /></p><p>Then, oh, boy, <i>do I have the thread for</i> <i>you</i>!</p><p><br /></p><p><a href="https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/">TRYING TO "Play the GSR" -- HORRIBLE IDEA</a>[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3263036, member: 27832"][url]https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/[/url] Charts show [B]price over time[/B]. They show [B]nothing[/B] of what [I]causes[/I] changes in price over time. "Learning history" involves studying [I]causes[/I] of events, not just memorizing event positions on a timeline. (Although I knew some teachers, and many students, who didn't seem to understand that.) Making predictions from charts [I]is[/I] claiming that a history of price over time contains all the information you need to predict price at a future time. And that, to me, is fundamentally silly. Then, oh, boy, [I]do I have the thread for[/I] [I]you[/I]! [URL='https://www.cointalk.com/threads/trying-to-play-the-gsr-horrible-idea.294820/']TRYING TO "Play the GSR" -- HORRIBLE IDEA[/URL][/QUOTE]
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