Does Geometry moves the stock market as gann puts it ?

Discussion in 'Technical Analysis' started by harrytrader, Mar 11, 2004.

  1. I think that some of the best ideas are not programmable, especially trendlines , if not drawn top to top style.
    Hedge fund ( reputable ) are getting offers of new systems and methods daily and all they want to see is a trading record. They do not care if automation has been thoroughly tested or even completed.
    You like to be involved in process, which is fine but without putting your method or part of it to work it will be just one of many unfinished studies. You have to let your child go to the real world .
     
    #31     Apr 12, 2004
  2. It seems you don't read carefully: I don't care about trendlines so I don't intend to automate them. The same as for going into the real world.

    I don't care as for the hedge funds, It's just that I know that they can be interested for the very reason that I have already experimented the stuff with some big bank traders ... except they didn't know where the results comes from as I transformed everything into traditional TA but they were very impressed by the precision they weren't accustomed to before. I did it in fact for stocks also because that's what they needed whereas I am normally exclusively centered around indices as for myself. I didn't continue because I was subcontracting for a reputable analyst and it wasn't worth the money for me. I just did it by sympathy as he needed someone to help during a vacation period. I also tested it with a professional trader who was using Advanced Get Real Time. It was a good complement for it. So I know rather well what my model can bring to professional traders, not all of course but at least some.

    I am entering the business so I will have to prove so what ? That's the normal way no ? There are crook business that drove millions of dollars, I don't intend to enter their field and you will never see me do any marketing hype for that. Even if I get zero pro clients I wouldn't care it's just subsidiary for me. But it's more easier for me to explain to pros because that's my usual sphere whereas with mass public I'm not accustomed and not marketing man enough. I don't intend to make any change for that: I will stay myself.

    P.S.: you know, I never based my opinion on reputation as for myself. I have enough knowledge to be capable to judge if a "reputable" hedge fund is worth its reputation or if it is pure marketing. And if many only judge by that, there are still some intelligent people that have criterias that are not only reputation but scientific proofs. And I can tell you even a real tracking record is far from enough to be any scientific proofs see
    http://www.elitetrader.com/vb/showthread.php?s=&threadid=30807&perpage=6&pagenumber=13

    So I intend to do much more than just real tracking records. And I do it for my own trading quality assurance - because I was statistical process control engineer I am forged by that - than for proving anything to others. If it serves also for that well it's just a work I would have already done for me then why not. I'm not entering trading business for gambling but for making money for 10 years at least and then I will probably switch to another business as I will get bored.

     
    #32     Apr 12, 2004
  3. ========================================

    Harrytrader;

    Thats an accurate & timely pattern of bull whipped bear picture.


    Trend not necessarly going down in the election 4th quarter;
    4 th quarter can be one of the strongest uptrends , but not necessarily airline uptrends.


    Course if your main work chart,[not-like mine] measures in .20 increments & 2 days ;
    yes , you can get more trend changes if thats what you want.

    Harrytrader I am not assuming your main work chart has .20 increments& 2 days ;
    even though thats the one posted earlier here .

    :cool:
     
    #33     Apr 12, 2004
  4. 1/ Agree with you on this one. It is just a waste of time to try to explain more complicated things to the masses.

    2/ Why ? You already know it is working .
     
    #34     Apr 13, 2004
  5. Right, and I know all the more so that I've been trained in marketing because I've been in business and I know perfectly what I should do if I wanted to sell something to the mass public. There is a marketing rule for example for newsletter: you must list every argument where the prospect will autoconvince himself by saying yes, yes, yes, ...
    so in trading it's very easy to do such newsletter:
    - you lack discipline, our method can help you to solve it
    - you don't believe in holy grail, our method is not a holy grail it will allow you to pull the profit consistently [whereas consistency is mathematically a holy grail !]
    - you want KISS principle, we will show you super simple secrets kept by professional traders
    - you want to manage risk, we will show you how to use effective money management

    etc.
    of course with much more rhetoric (there are professionals for that don't worry)
    don't forget the refund

    and then compile all these common stuffs you can find in trading books and even if you refund some persons statistics show that the majority won't ask for refund even if they are upset.

    You can make a few campaign tests with different prices from 15$ to 1000$ to chose the optimal price.

    This is marketing business not trading business: I am here for trading business only. So why should I sell something valuable and difficult to explain to the mass public when I can sell them stuffs that are not really worth but much more marketable huh ?

     
    #35     Apr 18, 2004
  6. hopefully i will be able to see your method live one day .
     
    #36     Apr 19, 2004
  7. You can hope well :). As far as I can see you are serious trader so there will be no problem that I invite you to a live demo. In fact we've just testing some module for that, the first one is the new real time message alerter :
    <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=479031>
     
    #37     Apr 20, 2004