Hello Vitas,
Liked this second post of yours much better, and it has some valid points...!
Also asks some tough and important questions about the usefulness of trading off the CLX-CLXPP-AYDIS system. Don't know if you've taken any time to follow the discussion, but I'll assume you had an interest back in August....
Your post also questions why (us Idiots...?) would we spend all this effort learning the CLX-AYDIS... especially if it's junk.
Here's some of the reason's I've stuck around...!
>>the cheif architect of the system offers no explanation
that might help in attempting to improve the method?<<
IMO... Don's trading style requires being grounded on the bullish plane....Centered on the positive direction of the markets. This allows him to balance the active trading both short and long. IMO if your grounded in this manner one doesn't get mentally flipped hysterically or interminably, and you can Feel the market better and respond Clearer. [would assume those who are predominantly bears would say the same thing?] I've called his phone service a few times and know that he actively trades concurrently by taking numerous positions in both directions.... in numerous markets.
But I grant you it would be easier to learn this CLX-AYDIS system if he gave explanations for sell signals as well as buy signals. But there's two problems in doing that:
#1...People pay for his hot line, getting it here free wouldn't make much sense.
#2...More importantly, if he spoon feeds us we get the reads, but don't learn to read the system, or learn to use it... or make it our own.
IMO....To be a good trader.., one's got to stand alone, nobody else can do it for you, and all advice is suspect.
>>so I can go through a 21% drawdown without a clue?
see accumulation everywhere when there was in fact distribution? <<
The DOW peaked in May, consolidated through the end of August where it went belly up breaking 10000. The CLX-AYDIS studies clearly show both the consolidation and the breakdown. Even though that wasn't articulated by the teacher...., the facts are there. As a tool it doesn't pick the top or bottom..., but it does confirm the direction, predicts the strength and the duration. There are clear signals of overbought/oversold conditions well before the market turns.
Otherwise I wouldn't be here "Wasting My Time."
da_cheif is a superb trader..., one of the best in the last 25 years...!
The CLX-AYDIS is only a small part of his timing methods, and no doubt there's more here then I'll ever discover. To spend time catching any tidbits he's willing to present is a Gift.
Especially sprinkled with "Bear Baiting."
Chip
PS: Synchronicity is a wonderful thing and somethings been going on here that's unique. |
