I suspect that anybody who posts here or any other board has no clue about trading successfully. They troll these boards searching for a magic bullet - desperate to find a method they can eek out a few bucks with. The fact of the matter is if you aren't succesful as a trader within six months the chances are good you won't be. A good trader with proper MM can reach his or her goals in 2-3 years and be done with this business for good. I have met a few of these individuals who have done just that.
What I have proposed is certainly thinking outside of the box compared to any other idea you'll read about on this or any other board. And I expect a fair amount of ridicule and question. And yes I expect a fair amount of hostility as well from the frustrated and failed users of elliot wave counters and moving average cross-overs. If those methods are so great why are you wasting your time posting useless responses? Why aren't you out counting your money? Why, because there ain't none. Just like there ain't no kitty - ay?
In the two weeks that I first posted here I have done a fair amount of research/study/testing on this subject and I am more convinced now than before that there are merits to this approach. I wasn't just sitting around waiting for a stupid response or two. And yes they have begun to help me make money. Now to someone responds...
write me if you ever make money with it.
Yeah right, you can bet I'm going to get right on that. LOL This goes back to the first point made in this post and made by Equalizer...
Whether it is of use in trading is another question - and I can assure you that these will not be answered in these forums since anyone successfully employing chaotic techniques will keep such valuable information to themselves (now there's a surprise!).
Now I initailly started this thread by trying to answere the question: are markets random or do the follow a predictable motion that can be defined by some sort of non-linear dynamic motion. I believe I have given a minute amount of evidence to this. I could give more evidence to this, and evidence that you can actually trade with but what's the point? All I wanted to do was propose a different viewpoint by which to approach the market and help give an edge to my typical trading techniques. I have found that following the charts is like following a predator-prey system except that predator and preys are just bulls and bears. Recognizing this alone has given me an edge. I would have hoped to also exchange some ideas with a few like minded individuals; but hey that's life.
To anybody like my self that stumbles upon this thread or others in this forum in there search for chaos to study the markets, I will point you to the use of Feigenbaum's methods for determining bifurcations. That has helped me immensely. But this is it for me here at ET (elite, what a joke!)
To everybody else. Good Luck with your MACD's and moving averages or whatever you do. I for one am done with you and got better things to do like go count my money. LOL