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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: anon who wrote (44108)3/8/2001 12:52:11 PM
From: Patrick Slevin  Respond to of 44573
 
Well, I believed in Delta for years. But now I believe in something easier to implement and more repeatable for me. Besides, I think using it on markets like beans and such may be far easier. Plus, recall that I tried to implement Short-Term Delta.

However, back in the mid-1980s when I was using Wilder's generated disks I wasn't exactly persuaded to flip the bird at my employer's paltry paycheck.

Anyway, Chip has me interested once again in buying the Delta Secret. Maybe I shall join you once again, but time isn't exactly an abundant commodity around here.

Then as well, as Chip mentioned the cycle for Delta moves imperceptively over periods of time. I know that from methods I use that are similar. If I recall, it is because the math is not exactly correct because of the lunar phase. I could go back in my notes and tell you what the reason is but the point is that what may work today may not work in a few years which throws the Long-Term Delta off. I would think, anyway.

So as Chip implies, if you do not maintain the math it could get dicey downstream.

Other than that, I like the concept. I just found myself unable to implement it properly in spite of trying to work with it many times over the past 15 years, give or take a year.