"derived", lol. Yeah, go and play the markets with your prime numbers, fractals, " natural reoccurring support and resistance oscillations" , "constant (capped) volume bar charts" and "choppy idiosyncratic price moves". LOL, thanks for the good laugh, teacher!!!
For me, stochastics (which I use in a very unique way) indicate when a trade will lead to maximum profits, so I guess I too am guilty of thinking they're a leading indicator.
Really? Did stochastics lead you to believe MEE was a good buy in mid-April? :eek: Maybe there's something bad in the water in Tucson
What are the diversified portfolios that the big successful trend-following funds are trading? Anybody has a list? I would like to trade them...
Wonderful. I suggest writing a 50-page book with similar esoterica (and a lot of white space) and selling it through TradeWins. You can title it The Gazillionaire Next Door or something.
I was joking...and I hope you were, too. If not, however, I'll be in Chicago next week for a 3-day seminar on "Synthesizing the Hershey Method, Hershey Bars, Sacred Geometry and the Lost Secrets of Gann for Maximum Profit." Only $299 if you sign up by next Monday.
Interesting... so in uptrending situation you will reduce your position size by a constant decaying factor every day (i.e. you reduce your position size every day if there are ups N days in a row)? And you will have another opposite factor in a downtrending situation. And you curve-fit these two parameters?
i didn't say i wasn't diversified... but unlike hedge funds that diversify over 60 markets i don't of course. anyways i also use a "trendiness" filter by ranking the markets on trendiness for past 12 weeks as for looking to what big trend following trade... it's a matter of downloading their prospectus... but they trade in like 50-60 markets