rcreal,
Why did you say pricing bands and probable highs and lows aren't useful? Personally, I don't trade off, e. g., Bollinger Bands, but I refer to it once in a while and I think it's useful to at least some traders. And what problems do you see with Neural Nets and Genetic Algorithms (whatever it is I have no idea). Can you clarify?
stock.
Why did you say pricing bands and probable highs and lows aren't useful? Personally, I don't trade off, e. g., Bollinger Bands, but I refer to it once in a while and I think it's useful to at least some traders. And what problems do you see with Neural Nets and Genetic Algorithms (whatever it is I have no idea). Can you clarify?
stock.
Originally posted by rcreal
Percentages themselves mean nothing ...
Heck, I can easily predict the 5 day moving average tomorrow with 80% accuracy.
I explored Neural Nets, Genetic Algorithms, and such for quite a while. I did get some good predictions of pricing bands ... probable highs and lows. Still not too useful for trading.
Using trading systems recognizing price reaction work the best for me.