Disliked{quote} MK, Appreciate your thoughts. Have to say I disagree however. You speak of randomness producing trends as if that would somehow discount the opportunity. There's much debate here on FF and elsewhere as to how random the market is or isn't. As I stated earlier, I just don't care. It is immaterial how/why long tail market movement happens to me, the point is that it can be traded. Those trends happened, random or not, and they will happen again. The "stats" that are important to me is what the price did in fact do and, at least in my mind,...Ignored
What you are doing in this thread, is the common way I have seen traders develop a method/system. If instead you started with a proven statistical market tendency, you can at least start the long and time consuming process of developing a system with a chance. I've been full-time trading for 12 years now and have seen this play out many a time and been subject to it myself many a time as well.
I'm not trying to insult you or poopoo on your efforts. I'm trying to save you some time so you can re-direct efforts towards something with a chance.
Nothing else to do but go back into shadow I guess. Good luck ahead.