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It's not that there is no astro system. The problem is that the systems
are not at all trivial to code. One can blithely post a system such as
If Average(Close, 40) crosses above Average(Close, 200) Then
Buy At Market;
because it's so dang easy to code. I have written systems that use
astrology, and I am not going to just post the code, because it's
hundreds of hours worth of work!
So why don't I just post the idea behind a system, i.e., buy when the
Moon trines Mars? Because that's not the way to trade astro, IMO. It's
best used as a timing adjunct to other technical methodologies.
Chris
wavemechanic wrote:
> Ztrader: You are asking for a system when there is no system. That
> does not mean that the approach is wrong. If the bottom line is OK
> then it is OK. Many trade without a rigid system, but rather with the
> requirement that there be a convergence of a variety of indicators.
> Nothing that is expressed mathematically, and undoubtedly executed in
> part subconsciously without the rigor of visible logic, but it works.
> Although I do not use astro stuff, I operate in this manner, and my
> guess is that Haytham does also (Haytham correct me if I
> misrepresenting your position). If you want to reduce such trading to
> a system you will have to study successful traders that operate in
> this manner and develop a system that reproduces their actions. It is
> your responsibility not theirs to reduce their trading technique to
> mathematical system, if you want to study and/or use such a system.
> There is more than one way to skin a cat. Bill
>
> ----- Original Message -----
> From:ztrader
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, May 02, 2001 5:09 PM
> Subject: Re: [RT] Re: An untimely death
> On Tuesday, May 01, 2001, 7:13:19 PM, Haytham Albizem
> wrote:
>
> HA> What I am trying to say, there is no simple way to solve
> the issue
> HA> of trading system:
>
> I was not insisting that it be simple. I was looking for a
> simple
> astro system just as a start, to get a quantitative idea of
> the kinds
> of 'indicators' and logical processes used in astro.
>
> HA> Here part of what I look in my anaysis on a single
> stock:
>
> <snip lots of stuff>
>
> This is a very large number of items. If you use all of
> them, how do
> you combine them? If not, how do you select those to use for
> a
> particular trade?
>
> HA> FORECAST TOOLS
>
> HA> 1.. FOURIER ANALYSIS
> HA> 2.. TIME AND PRICE CLUSTER
> HA> 3.. GANN ANGLES AND SQUARES WITH PLANETARY MOVEMENTS
> AND ASPECTS
> HA> 4.. RSI DIVERGENCE
> HA> 5.. MACD DIVERGENCE
> HA> 6.. CANDLSTICK PATTERNS
> HA> 7.. MA
> HA> 8.. S/R
> HA> 9.. BRADLY MODEL
> HA> 10.. PATTERNS
> HA> 11.. ELLIOT WAVE
> HA> 12.. SUPER TIMING TECHNIQUE
>
> There seem to many non-astro techniques on the list. What is
> the
> relative value of the astro versus the non-astro parts? The
> non-astro
> parts can be quantified easily and checked. What do we check
> for the
> astro parts?
>
> HA> In summery, I look at EVERYTHING and after looking at
> EVERYTHING
> HA> this creat a beutifull picture in my mind.
>
> Yep. 'System' people might call this pattern recognition.
> They would
> ask what steps you do in your mind to make this pattern
> apparent. This
> is sometimes difficult, and people often do not consciously
> know what
> they really do. The 'knowledge engineering' needed to get
> from a
> 'picture' to a computer algorithm is very often long and
> hard.
>
> HA> This is how I trade, I am sorry if I disappont you.
>
> *You* do not disappoint me at all. I may be disappointed
> that this is
> not an example of an astro 'system', but I really DO
> appreciate your
> comments and descriptions. I am hoping we can finally bridge
> the gap.
>
> Thanks,
>
> ztrader
>
>
>
>
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