doctorj said:What is Multi Dimensional Analysis? How is it superior to TA?
Bobby said:Like to know who have moved on from T/A to MDA ?
Or you may wish not to say !
Bob.
Anyone can make the simple complicated. Creativity is making the complex simple
Hello Ed,eddievanhalen said:I agree entirely. If there's one thing the better traders I know have in common it's the following:
1) the ability to distill simple , profitable patterns/concepts from the market
2) the ability to prioritise their time and recognise the 10% of concepts that make 90% of the money and leave the other 90% to the economists .
I have systems for all sorts of things from entries to exits to identifying market risk at any given time etc...........can seem pretty complex as a whole but if you isolate each of those systems and compare them to 99% of the discussion you see around the traps on each topic they are very much K.I.S.S. That's not to cheapen the enormous amount of study/analysis required during the development process , but the end result is usually remarkably "simple"
I think most traders go through a journey that involves getting to the point of using just about every indicator known to man, realising the folly of overcomplicating things and returning to a simple, robust approach.
Ed
brisvegas said:"Trading is like taking Viagra , you can make it harder than it needs to be . "
read the quote on bottom of my post , says it all really
Anyone can make the simple complicated. Creativity is making the complex simple
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