TIMES and S & P E-mini

nkhoi · Feb 9, 2003

Quote from wally_:

As long as it is divergent from a common sense it can actully work.

you kill me

profitseer · Feb 9, 2003

Quote from wally_:

So simplicity rules here again, not so surprising, my favorite system has only one entry condition that boils down to comparing two numbers (most of the time) which you know a day before you place your entry.

You could improve the system by entering early in the trend by chosing the entry times in a less than random fashion.

My favorite system uses chaos theory. All you do is wait for a hurricane. Then you do the math, and it can predict when a butterfly will flap it's wings half way around the world.

It takes about fifteen years for the cause to produce the effect, which is good, because with the slow computers we have today, that's about how long it takes to do the math. And about that time, another hurricane occurs, so you are kept quite busy.

You can use it for trading, but most people who truly understand chaos lose interest in mere dollars.

nqtrader · Feb 9, 2003

Ask if the developer trades his own system and ask for account statements.

I guarantee you that you won't get any replies.

Arnie · Mar 1, 2003

Quote from profitseer:

seems to be the theme of the day. I wonder what that means? Nice work.

1. Ask a person on the street to pick a number between 0 and 3.
2. Ask a person on the street to pick a number between 0 and 6.
3. Ask a person on the street to pick a number between 0 and 9.
4. Assemble those numbers to arrive at your entry time. That gives you a max of 369 minutes from the open. (For example 000 would mean enter on the open, 120 would mean enter at 11:30 est)
5. Flip a coin, heads you go long and tails you go short.
6. ONLY TAKE THE TRADE IF IT IS THE DIRECTION OF THE TREND
7. Watch CNBC and wait for a mutual fund manager to announce the direction of the trend.
8. Don't expect to take many short trades.

Is this it? Looks very similar to me.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=8734

Quah · Mar 1, 2003

Quote from Arnie:

Is this it? Looks very similar to me.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=8734

If those two look "very similar" to you, maybe you'd better look again, eh?

easyrider · Mar 1, 2003

Quote from candletrader:

Havent heard of it... for all you searchers of the Holy Grail, you are gonna be disappointed...

There are fundamentally only two ways to directionally trade the eminis (or for that matter, anything)... at least these are the only two ways that have worked for me

1) enter on breakouts in a trend
2) enter on retracements in a trend

The method is actually kind of irrelevant as long as it makes sense...

What separates the winners from the losers is the ability to keep stops...

shhhhhhhhhhhhhhhhhhhhhhh

spreadem · Mar 1, 2003

quote from candletrader :

Havent heard of it... for all you searchers of the Holy Grail, you are gonna be disappointed...

And about $4000 lighter in the wallet !!!

nkhoi · Mar 1, 2003

Quote from wally_:

So simplicity rules here again, not so surprising, my favorite system has only one entry condition that boils down to comparing two numbers (most of the time) which you know a day before you place your entry.

You could improve the system by entering early in the trend by chosing the entry times in a less than random fashion.

I paid option40 people $300 for a system with 2 numbers but it got me nowhere (trading option onOEX).