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Well said Ira,
"Beauty is is in the eye of the beholder" or better said "there are many
ways to skin a cat".
One of the goals of this list should not be to find "a best" approach, but
to find through various methods enough confluence that improves the odds,
whether it be by any of the methods listed by Ira below.
don ewers
----- Original Message -----
From: Ira Tunik <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 10, 2002 3:19 PM
Subject: Re: [RT] random price moves in ES?
> ztrader seems to be playing games with the answer. I haven't seen a chart
> that can not be structured in some form so that there is a high degree of
> predictability. Some do it with astro., others with cycles, or fib.
numbers,
> angles, squares, circles, ovals, measured moves, or any number of other
> ways. What is random to one is a beautiful picture to others. Like art,
> music or any other medium that has an interpretive side, there is also a
> degree of predictability, organization, or formal pattern of one type or
> another. Even in a Pollack painting or the noise of a contemporary
concerto
> there is a pattern. So random patterns, or chaotic movement are also in
the
> eyes of the beholder. Ira
>
> ztrader wrote:
>
> > On Wednesday, April 10, 2002, 8:54:24 AM, Michael Ferguson wrote:
> >
> > MF> program the computer to take a trade at a random, unpredictable
> > MF> time, with choice of side a random coin toss.
> >
> > MF> Use a random, unpredictable exit.
> >
> > Might be a good approach, but it seems to take care of only the random
> > side. Perhaps the other side could be to take trades at a random Fib
> > number, and exit at a random Fib number.
> >
> > What do you think?
> >
> > ztrader
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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>
>
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