
Quote from Maverick74: 12-30-08 12:59 PM
I have spent the majority of the last 2 years working on the ACD approach to trading. I have taken Fisher's method apart and re-built it to suit both index, stock, and currency trading. I have met with Mark and was going to go into business with him and my business partner to start an ACD mentorship program.
As many of you know, I run a prop group in Chicago and was getting tired of traders blowing out and losing money. Teaching new guys ACD was a very methodical and disciplined approach to trading. I would not teach guys anything else.
The mentorship program never really took off because as I discovered it takes an immense amount of time on teach guy to really get them to be a sucessful trader. As the old saying goes, you can't teach discipline.
I am proud to say the two guys that I really spent a lot of time with teaching the method to, one has turned into an excellent trader who is profitable, the other is a breakeven trader. That guy is a former engineer in his 40's though with no trading experience.
Over the last two years, my partner and I have spent a lot of time building on the ACD methodology. My partner deserves all the credit for the software he developed for it on TradeStation which I believe is second to none.
Now before people start asking questions about how we are making it work and what we are doing, let me just say that we have spent way too much time developing this to just chat about it on message boards. I'm not trying to be a prick about it, I just don't want to go into details about it here.
We chose to just keep it in our office and under our labratory. We have found the best way to collaborate on work of this nature is in person in an office setting.
I'm very proud of what we have done with it so far. I highly reccomend "The Logical Trader" book. Everything you need to build a sound and robust trading methodology is in that book. As I pointed out before, you cannot simply take the material in that book and trade it. That is not how Mark wrote the book. As he himself told me, anyone that simply reads that book and tries to trade it, will get killed.