The ACD Method

Maverick74 · Mar 17, 2011

Quote from kinggyppo:

no I am referring to his trade for charity, I think Dr J from the CBOE put it on and had Mr Fisher as a guest over the past couple years, I will look for a link when I get a minute. My point was he always appears to be hedged, ie he is long spuz, short bonds, etc. I remember him doing the same with corn/wheat.

here is the link to Dr J's site re MF. Too bad he can't put up a video of this, if he charged like $50 per use he could make some $$ for the kids, well worth it for a new/old trader.

http://www.traders4kids.org/
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Did you attend that or watch it live on the net?

kinggyppo · Mar 17, 2011

Quote from Maverick74:

Did you attend that or watch it live on the net?
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on the net

Maverick74 · Mar 17, 2011

Quote from kinggyppo:

on the net
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OK, I think I saw that as well. Although he did more talking then trading. LOL.

Maverick74 · Mar 17, 2011

Quote from smcmahon83:

Now some questions if I may:

1) what markets do you successfully use ACD on? Do you have any personal filters you use? How do you exit your trades?

2) When calculating the pivot range, for the H+L+C/3, what time frames do you use?

For crude, would it be best to use 9:30am bar for the open and 9:15am bar following day for the close for the one day range calculations?

I ask because my platform uses 12:00am bar for the open and 11:59pm for the close, and I don't know if this time frame properly reflects when the most important trading of the prior day too place.

Would love to hear your opinions on this stuff. Thanks.
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1) I trade stock and index options on a swing basis and futures intra-day.

2) I use the 24 hour session for some, RTH for others.

Don't sweat the details. In terms of when the session starts or stops.

I use ACD for everything. I watch commodities, currencies, energy, stocks, all the risk assets.

Maverick74 · Apr 14, 2011

Did you guys catch Mark Fisher's son on Fast Money? He was doing a report on the nat gas market. He looks like he was 15 years old. He trades at MBF of course.

kinggyppo · Apr 14, 2011

Quote from Maverick74:

Did you guys catch Mark Fisher's son on Fast Money? He was doing a report on the nat gas market. He looks like he was 15 years old. He trades at MBF of course.
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missed it, I bet he is sharp though, who is pops gonna give the family business to? Mav here is something you may find interesting
regarding QE2, there are some wackos on this site but this interview of Jim Rickards I found pretty compelling.

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/3/27_Jim_Rickards.html

Maverick74 · Apr 14, 2011

Quote from Maverick74:

Did you guys catch Mark Fisher's son on Fast Money? He was doing a report on the nat gas market. He looks like he was 15 years old. He trades at MBF of course.
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Here is the video.

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konviction · Apr 14, 2011

What video?

Trader13 · Apr 14, 2011

Quote from Maverick74:

Did you guys catch Mark Fisher's son on Fast Money? He was doing a report on the nat gas market. He looks like he was 15 years old. He trades at MBF of course.
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I saw it ... he did well, did not appear nervous at all. Dad should be proud.

I wonder if he trades speculatively (perhaps using ACD), or if he really is trading order flow (market making). Also wonder if Fisher's MBF firm is profitable from their speculative trading, or if their clearing business (really a no-risk transactional business) subsidizes all their speculative trading.

Maverick74 · Apr 14, 2011

Quote from Trader13:

I saw it ... he did well, did not appear nervous at all. Dad should be proud.

I wonder if he trades speculatively (perhaps using ACD), or if he really is trading order flow (market making). Also wonder if Fisher's MBF firm is profitable from their speculative trading, or if their clearing business (really a no-risk transactional business) subsidizes all their speculative trading.
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Yeah they are profitable. Fisher started MBF Asset Management using his strategies. I doubt he would want the embarrassment of having a failed fund if their prop group was not even profitable.