"I have spent over $30,000 on trading software over the years. eASCTrend is the first
piece of trading software that I come across, which is simple to use and has a built in algorithm that actually works and can
consistently make money." - G.C. Perth, Australia
View Of Market Challenges And The AbleSys Solution Model
(3m 10s)
Before you can develop a meaningful trading strategy or solution, you must have an objective view of the nature of market operations. With this realistic view, your solutions will address the necessary issues. First, we must answer the question "Is the market fully analytical or completely random?"
Here is our view and solution:
Large portion of market (~80%)
Small portion of market (~20%)
Market Reality
Regular Price Patterns
Irregular Price Patterns
Underlying Forces
Supply/demand trend
Random market forces
Nature of Market
Can be quantified/predicted
Can not be quantified/predicted
Approach to Trading
Scientific
Artistic
How we address the challenges
Analytical software/system
Human discretionary judgment
Execution method
Mechanical
Judgmental
The advantage in solution
Objectivity
Human intelligence
Impact to performance
Important most of the time
Vary critical some of the time
Conclusion: The Market should be traded mostly with time-tested analytical software/strategies and with limited but critical human intelligence. The Hybrid approach (analytical software plus human intelligence) is more appropriate here.
