Delta Phenomenon Welles Wilder Pdf Writer
Aug 15, 2017. Trump Official Met with Palmer Luckey, Chuck Johnson to Discuss the Wall, For Some Reason. It seems only fitting now that we should find actual horseshit in t. The Delta Phenomenon is based on the lunar cycle and the rhythm of the tides. Birmingham Ycl 1440gh Manual Arts. It was discovered by Jim Sloman who then sold his insights to Welles Wilder, inven tor of technical analysis indicators such as Relative Strength Index (RSI), para bolic SAR, and ATR. Basically, Jim Sloman claimed that financial markets behave.
Peter I used it for a while (about a year) and had as many wins as losses. So with good money management, you could do OK.
However, although I enjoyed the basis of the research, in practise, it's largely untradeable. Couple that with the EXTREMELY subjective interpretations of turning points and inversions from the DSI monthly newsletter AND that fact that we in the UK get it 6 weeks late AND that it takes a lot of mucking around to switch the HIGH-LOW points on what seems little more than a whim from Wilder Central in order to match the performance of the system with reality and you're better off tossing a coin.
I'm not disputing the possibility that the underlying basis of Delta has substance - not at all. There's also the issue of the UK representative who markets it.
A bit short on personal communications skills. However, it's a good read and the software is fun to play with. Peter I used it for a while (about a year) and had as many wins as losses. Acer Aspire 1650 Drivers Windows 7. So with good money management, you could do OK. However, although I enjoyed the basis of the research, in practise, it's largely untradeable. Couple that with the EXTREMELY subjective interpretations of turning points and inversions from the DSI monthly newsletter AND that fact that we in the UK get it 6 weeks late AND that it takes a lot of mucking around to switch the HIGH-LOW points on what seems little more than a whim from Wilder Central in order to match the performance of the system with reality and you're better off tossing a coin. I'm not disputing the possibility that the underlying basis of Delta has substance - not at all.
There's also the issue of the UK representative who markets it. A bit short on personal communications skills. However, it's a good read and the software is fun to play with. It has good and bad about it, one resolution of the turning point inversion 'on a whim' is not to bother - the day should show a trend reversal, so as long as you know which way it's going so far. Far more of a problem, in my view, is that there's no telling how far the move ought to go, it is far to easy to bail out far too early or late and produce a loss whilst 20:20 hindsight shows what appears to be completely obvious signals. I'd have to say that it is quite expensive to buy into, the book costs enough but the membership is rather higher, and I can't say it adds noticeably to ones trading armoury.
It's clever, and you can see it working quite often, but turning that into a profit is far from easy - when you think about it picking the trader is almost the easiest part of it all, timing the exit is much harder in my view and you cannot just let Delta run point to point with your money attached. Delta's own newsletter writer seems to have very mixed luck with it, he is presumably spending 24/7 trying to get it right - I have to agree with Tony's general theme here, it's clever but it's not particularly useful. Welles Wilder (he of RSI fame, etc) met a chap who claimed he could predict markets, who then persuaded WW he could indeed do that. WW seems to have bought the chap out (Jim Sloman, or soemthing like that) as the chap is now selling a different system that is, presumably, even better. WW markets Delta via his own website/company, who will expalin it all in a book for nearly £200, you'll then realise it's extremely painful to try to do it manually (not least because finding the turning points isn't as easy as you might hope) and that you need the software - buying into all of that is a over a grand, it then costs a couple of hundred a year to maintain. Essentially the system predicts dates when the market, share, commodity price chart will change direction - turning points.