eusdaiki, I agree with your word of caution, but there could be free lunches: To ilustrate my point, this prediction, computed today at 9:30 ET Is far from perfect. Anyway it generated 2 trades: SP500 Date Type Target Gain Entry Time Exit Time Entry Value Exit Value P&L Cumm. P&L 07/27/2006 Long 5.64 10:15 11:35 1272.24 1273.25 1.01 1.01 07/27/2006 Short 6.19 11:35 15:15 1273.25 1264.05 9.20 10.21 That yield 10.21 points of the S&P500 in the day. In E-Minis terms: 500 dollars per contract, or a max of about 10% in the day.
Now your model starts at 9:30, instead of 10:45. Looks like you don't have a finalised/ finished system yet.
The model begins computing the predicitons at 9:30, when the market opens, and it does it every 15 mins. The trades are computed at 10:15, after the market dust goes down. One thing is predict the market, another thing is trade the market.
"This prediction was computed at 10:45am today." "To ilustrate my point, this prediction, computed today at 9:30 ET" "The trades are computed at 10:15, after the market dust goes down." 9:30 and 10:45 before; then now 10:15. Totally confused.
Do you have any comments on what would be the main advantages for the above chart/ trade information comparing to other signal services that send mainly Long/ Short signals and timing? Perhaps most signal service providers have been doing some similar predictions, except disclosing more details. Personally I wouldn't call that any advancement on trading, whether science-based or not. More about marketing gimmicks!
There´s no such thing as a free lunch, even if it looks free to you, some one else is paying for it. Also, everything has a cost of oportunity... Believin all the lies that theyre tellin ya Buyin all the products that theyre sellin ya They say jump and ya say how high Ya brain-dead Ya gotta fuckin bullet in ya head
why do I get some feeling this is just a shill for promoting a particular product? I might be mistaken but that thought keeps coming back to me vital statistics