Sods Law

gtspeed · Apr 20, 2017

Hi All

Is it just me or is it sods law that when everything looks good to make a trade the market struggles to get even 10 points in your direction but rockets to 40 points in the opposite direction. Maybe a new strategy should be to reverse what you plan to do

foroom lluzers · Apr 20, 2017

http://www.trade2win.com/articles/2218-you-trend-trader-swing-trader

80-20 Rule (or Pareto Analysis) - Markets trend about 20% of the time and spend the other 80% grinding through trading ranges, pullbacks and other counter trend action that tests boundaries. Price rate of change rises in trends, attracting the trend trader and falls in trading ranges, attracting the swing trader.

most ranging markets behave like as in your post

gerryg · Apr 22, 2017

foroom lluzers said:
http://www.trade2win.com/articles/2218-you-trend-trader-swing-trader

80-20 Rule (or Pareto Analysis) - Markets trend about 20% of the time and spend the other 80% grinding through trading ranges, pullbacks and other counter trend action that tests boundaries. Price rate of change rises in trends, attracting the trend trader and falls in trading ranges, attracting the swing trader.

most ranging markets behave like as in your post

I think in this 80% of time markets accumulates trades before critical mass drives it to new levels. If you have access to the volume data (but I think big institutions hide or split their volumes somehow) you can successfully determine when the market gets ready to make a big move.

foroom lluzers · Apr 22, 2017

gerryg said:
I think in this 80% of time markets accumulates trades before critical mass drives it to new levels. If you have access to the volume data (but I think big institutions hide or split their volumes somehow) you can successfully determine when the market gets ready to make a big move.

every few months yes

peto · Sep 30, 2021

camarint said:
I'm shocked. You can talk about this in more detail.

annalonco said:
In this case, anyway human needs a lawyer. It doesn't matter if a person is well versed in the laws or not.

You both need to speak to Mr Sod, who formulated the law in the first place and should be able to help (although he has a reputation for being difficult and awkward).

trendie · Sep 30, 2021

annalonco said:
In this case, anyway human needs a lawyer. It doesn't matter if a person is well versed in the laws or not.

I thought that with this content-deficient word salad, Coles Law would be more appropriate.
(apologies if the member isn't a bot!)

BigDeal · Sep 30, 2021

trendie said:
I thought that with this content-deficient word salad, Coles Law would be more appropriate.

Is there a 'groan' emoji available?

Anyway I was thinking of changing my username to 'Anna nother-thing. What do you reckon?

Sods Law

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