Thread: Lets Get Real
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Old 03-03-2009, 05:31 PM
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Kenny Rogers Kenny Rogers is offline
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Hi radatats,

I think if you are going to trade this method. It would be important for yourself to replicate the logic behind the theory. For instance, you should start data-mining and setting up a third party statistical software to prove to yourself the validity of your claim. Currently, you are doing it live because you are taking the trades, which can also be done. However, with the data mining and statistical work, you can start to zero in on the sweet spot and improve on the model.

With that said, did you know that Mark Fisher, one of the great traders in the equities and commodities market did this research decades ago. He built an empire with a similar model. He even wrote a book describing the ACD method, which he describes the importance of TIME. He didn't believe all timeframes were equal, his research showed some time periods were more significant that others. And the rest is history.

I'm beginning to write an essay now, I'll let you establish your method and thread first before I continue on with my drivel.
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