Registered: Oct 2005
09-27-06 05:21 PM
Quote from HGTrader:
Quote from JimmyJam:
...not the least of which are that you would need several months, if not years worth of data, plus the total call's session (morning and afternoon), as well as (very very important) the correct instructions on how to use the calls as an aid in your trading, as was previously stated.
You have to update your records nightly, review the information over the weekend, put together tables showing actual buy/sell/close, number of points, etc. ... for months.
So now I need months and years to determine whether the crystal ball provides a solid edge ... I need years to determine that it possibly aint workin out.
Nah HGTrader (and BTW, I personally like the way you're doing an informed, objective analysis of the Ball), you don't need to use the Ball for months or years, you need to have access to months or years worth of data to prove whether the system has a statistical edge, or not.
You need a sufficently large data set over several different market conditions (uh, bullish, trading range, bearish) to have a complete analysis of its efficiency in all markets.
Like I said before, the winners don't have to prove something and they usually aren't charting their successes, they are just taking their money to the bank.
But thanks for the responses, you've obviously put some time, thought and effort into your analysis, and if anything, it should promote more interest in The Ball, not less.
I honestly don't think he's flamm'in ya Rennick, he's just using a weird sort of spurious, psuedo-scientific, half-logic, bad data analysis to attempt to disprove something, when you never came here to prove anything in the first place.
Of course, if he thinks you need to put on public display all of your information to satisfy his needs, well, take that for what it is.
More entertainment in slow markets is good.
Best Regards All,