|
PureBytes Links
Trading Reference Links
|
Yes I understand. But I was commenting on the
exchange between Ztrader and Haytham who noted the use of a variety of indicator
types, including astro and non-astro.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Chris
McMurry
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, May 03, 2001 5:52
AM
Subject: Re: [RT] Re: An untimely
death
It's not that there is no astro system. The problem
is that the systemsare not at all trivial to code. One can blithely
post a system such asIf 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 useastrology,
and I am not going to just post the code, because it'shundreds of hours
worth of work!So why don't I just post the idea behind a system, i.e.,
buy when theMoon trines Mars? Because that's not the way to trade
astro, IMO. It'sbest used as a timing adjunct to other technical
methodologies.Chriswavemechanic 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>>>>>
To unsubscribe from this group, send an email
to:>
realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>>
Your use of Yahoo! Groups is subject to the Yahoo! Terms
of> Service.>To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Yahoo! Groups Sponsor
Gucci
Rolex
TAG Heuermore...
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|