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  • #441
  • Dec 4, 2015 6:06pm Dec 4, 2015 6:06pm
TIME
Time, the market component few participants rely on when making trading decisions, illustrates the degree of change between need and price in the marketplace. It is a known constant, a measurement which participants inadvertently use when determining value through transactional data. Time impacts trade by regulating the duration during which buying (consuming) and selling (producing) can take place.

The market, in facilitating trade, uses price to promote opportunity and uses time to regulate it. In other words, the market uses time to regulate how long a given opportunity will be available, insuring that when price promotes opportunity to the point of reaching excess, that price is held in check. The market continually uses time to regulate itself throughout its structure.

Example of how time regulates price activity is illustrated in the example previously used to illustrate how price promotes activity. In the post-holiday sale, while the department store management was willing to sell at prices half of those charged prior to the holidays, management was not willing to offer this below value opportunity for long, but only until the current inventory is sold. Had the store extended the opportunity to purchase merchandise into what is considered the regular shopping season, the lower post-holiday sale prices would soon be considered the new value area. This is something no retailer would want to see. Retail stores and other producers/sellers use the lower excess price to promote activity only so long as it fulfills the purpose behind the excess price. Interestingly, the sharper the price reduction or the farther the price offered is below value the shorter the time period during which the opportunity will be available.

Both consumer and producer are interested in generating the maximum amount or activity at the most advantageous price possible. Thus, in reaching a balance, the market will produce extremes in the marketplace that will not hold over time, since they will be attractive for one side, but not attractive for the other. In order to balance, the market needs to go too high and too low to find an area that is fair for both parties over a period of time. It is these excesses on both sides that give the market its natural organization and provide information to participants.

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #442
  • Edited Dec 5, 2015 11:20am Dec 4, 2015 11:43pm | Edited Dec 5, 2015 11:20am
When changes in price occur that are so small and subtle that activity is not shut off, there is no excess in the marketplace, and the market is in position to trend or show slow and consistant continuation. Thus, from a relative standpoint the market is either going to be working with excess or operating with slight, subtle changes.

The components which combine to make up a marketplace interact as follows: the marketplace controls and regulates itself through its allocation of price and time, yielding types of natural organization which, in producing excesses to test market acceptance, produce balance and provide information.

The obvious conclusion is a major breakthrough for anyone who understands market logic. The conclusion flies in the face of the conventional wisdom which says that price is the only mechanism that the market uses to balance or ration supply and demand. (Introductory economic theory asserts this, econometric models are built assuming it, and many investors and traders have experienced setbacks believing it.)

However, when participants focus on price and price alone, they simply cannot have a market understanding. Thus, an analysis of a price versus price is inherently narrowly focused and virtually meaningless

It is important to recognize that the retailer's action in offering lower prices brings about two events. First, a percentage of the short timeframe shoppers may extend their timeframe and buy more than the usual quantity of shirts. Secondly, those long timeframe shoppers who were uninterested in buying a shirt at the normal price become motivated to buy at the lower bargain price.

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #443
  • Edited 11:21am Dec 5, 2015 1:33am | Edited 11:21am
The combination of a product plus self-interested individuals with a need for the product, plus price and time, combine to yield market activity, which represents the collective activity of all market participants. Market activity is organized into a range of time-price opportunities. In other words, a marketplace does not offer a price, but a range of prices from which the market participants can choose.

Time-price opportunities are the basic units of measurement which make up and define market activity, displaying any and all changes in the marketplace. Just as molecular activity is made up of atoms, so is market activity made up of time-price opportunities. However, these opportunities are undefined constant units of measurement which every market participant may define differently for each market.

A time-price opportunity is a point in time during which anyone may act as either a buyer or seller at a specific price. Again, there is nothing mysterious about such opportunities they result naturally from price promoting activity and time regulating activity. They are significant to an understanding of a market because they allow the participant who examines this variable against a constant to go beyond the seeming randomness and unlock the natural organization of the market.

Timeframes
All market activity is triggered by two considerations, market-imposed timeframes and participant timeframes. Both market-imposed and participant (or individual) timeframes are forcing points in time which force or bring to the fore market activity by participants. All trading decisions are influenced by both types of timeframe considerations. Thus, timeframes collectively determine time-price opportunities in every market. Every marketplace has to service the timeframe needs or perspectives of every participant, producer and consumer alike, which, as previously mentioned above, it does through participation.

One example of a market-imposed timeframe and therefore a known constant and inflexible point which forces decision-making is the hours during which the marketplace operates. A sense of organization and dependability comes from regular marketplace hours, that time period during which trade can be transacted. Participants must tailor their decision-making around this time period. For example, people often find themselves acting differently near closing time from the way they act when that particular forcing point is not of dominant concern.

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #444
  • Dec 5, 2015 10:43am Dec 5, 2015 10:43am
Market-imposed timeframes whatever they may be - force both producer and consumer into having participant or individual time- frames points of forced decision-making. Thus, all participants in a market have independent timeframe considerations which are not a known constant, but are flexible and will change as advantageous opportunities are created and/or the individual's needs change. Each participant's independent timeframe is established by weighing his perceptions of particular short- and long-term need for the product, plus his individual time horizon, against his expectations of the future availability or supply of the product at the current cost, plus his current and future ability to pay.

An auction's market-imposed timeframe influences the participant timeframe in that one either buys during that timeframe or misses the opportunity.
Timeframes, whether market-imposed or participant-imposed, are forward in nature, and range from the very short-term to the very long-term. Participants with short timeframe perspective differ from those with long timeframes, both in obvious ways and in some ways not so obvious. The most obvious distinction involves how each views time. Short timeframe participants deal only with the immediate future and the nearby, not focusing on the longer view. If a participant must buy a new suit today, he must by necessity have a short timeframe. Thus, he will compare value among those stores he can see today, but he cannot wait until the next clearance sale before purchasing. In other words, he cannot consider if he is purchasing below value in the longer timeframe of the next six months, but must consider where the best value is among the suits available today. He is looking for a fair price in today's timeframe.

In contrast, longer timeframes and participants with longer time- frame perspectives tend to disregard the importance of the immediate future, but instead try to place short timeframe market activity within the context of the longer timeframe activity. For example, the individual who needs a suit in six months must buy a suit, but can do so at any time within the next six months. He views the suit market from a long timeframe. He will only enter the market when he finds a suit attractively priced, meaning today's price is sufficiently below the average price or value in the long timeframe. In other words, he is relating the short timeframe market opportunity it may be a Spring Clearance to his timeframe. In such a way, he judges that by taking advantage of the retailers short timeframe need to quickly move suits not sold at higher prices he can buy below what is value over the larger timeframe. He is looking for an advantageous price.

Aside from the difference between how they view time, or how much importance they attach to recent market activity, participants from different timeframes differ in that they focus on different concerns and buy or sell for different reasons. Short timeframe participants buy or sell because they need to; long timeframe participants buy or sell not because they need to, but because they can take advantage of price away from value.

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #445
  • Dec 5, 2015 11:06am Dec 5, 2015 11:06am
In contrast, longer timeframes and participants with longer time- frame perspectives tend to disregard the importance of the immediate future, but instead try to place short timeframe market activity within the context of the longer timeframe activity. For example, the individual who needs a suit in six months must buy a suit, but can do so at any time within the next six months. He views the suit market from a long timeframe. He will only enter the market when he finds a suit attractively priced, meaning today's price is sufficiently below the average price or value in the long timeframe. In other words, he is relating the short timeframe market opportunity it may be a Spring Clearance to his timeframe. In such a way, he judges that by taking advantage of the retailers short timeframe need to quickly move suits not sold at higher prices he can buy below what is value over the larger timeframe. He is looking for an advantageous price.

Aside from the difference between how they view time, or how much importance they attach to recent market activity, participants from different timeframes differ in that they focus on different concerns and buy or sell for different reasons. Short timeframe participants buy or sell because they need to; long timeframe participants buy or sell not because they need to, but because they can take advantage of price away from value.

It is significant to note that long timeframe participants conduct transactions with those with shorter timeframes, not other long time- frame participants. In other words, a long timeframe buyer is trying to purchase used cars at a price below value. A long timeframe used car seller one who is under no pressure to sell wishes only to sell at a price at or (more probably) above value. The price at which the long timeframe buyer wishes to purchase is not a price acceptable to the long timeframe seller at the same time, and vice versa.


Timeframes determine when and at what price participants buy and sell. And participants with short timeframe perspectives differ in their buy-sell patterns from participants with long timeframe perspectives. These two concepts are keys to understanding market logic. They should be reviewed again and again until they are completely clear.

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #446
  • Dec 6, 2015 1:04pm Dec 6, 2015 1:04pm
The Importance of Timeframes

Understanding the concepts of timeframes and their influence on the market is key because acknowledging them is necessary to be able to grasp the next concept: to the extent that one can isolate or separate out and read the activity of the various timeframe influences, one can gauge the strength or weakness of a market. In other words, in order to understand the market, one should endeavor to understand the current actions of the long versus short timeframe participants. This is why participants should be isolated and categorized by the length of their individual timeframe, their ability to remain patient in buying or selling, in order for one to gain a market understanding. For example, one should find out whether the long timeframers are predominantly buying aggressively from the short timeframers, whether they are liquidating, etc.

At any one time, any timeframe can be exerting the force that controls the market. However, the greatest amount of activity in every market comes from participants with the shortest timeframes. In other words, participants with short timeframes dominate normal market activity, mostly because they must commit to a position in the market much more than participants with a long timeframe. Short timeframe participants do not have the luxury to wait for a price away from value, they must wait merely for a fair price. Furthermore, participants with longer timeframes tend not to overcommit to the marketplace and therefore do not play a dominant role in day-to-day market activity except at price excesses.

In any futures market, for example, by far the greatest majority of the trades transacted on a normal day (in the area of 80%) are for immediate or short timeframe needs. The balance are those transactions of the longer timeframe, and are intended to be held until the next day, the next week, or the next year. The same is true of all other marketplaces. On any given day in the supermarket for example, perhaps only 15% of purchasing is done by the long timeframe participants those fulfilling their shopping needs for some item they do not need during the next few weeks or months. The vast majority of purchasing is done by the short timeframe participants those shopping for their needs for the day, week or near term.
However, when price falls to levels attractive to long timeframe participants, the ratio of near-term to long-term timeframe activity shifts

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #447
  • Edited 7:50pm Dec 6, 2015 7:31pm | Edited 7:50pm
To oversimplify somewhat, consider the distinction between the two situations:

SITUATION 1
Short timeframe participants dominate market activity.
Why: Long timeframe participants are absent because price
and value are near to one another in long timeframes.

SITUATION 2
Long timeframe participants in conjunction with short time- frame participants dominate market activity.
WHY: Both are present because short timeframe participants always exist and long timeframe participants (either true long timeframe participants or short timeframe participants who have converted due to the opportunity) are attracted because of a market-created opportunity price is away from value over a long timeframe.

Situation I is illustrated in the suit buying example, where the long timeframe participant has sufficient time in which to operate: he will not make buy or sell decisions motivated by anything other than value. Because he has sufficient time in which to operate, he will most likely buy only when he can take advantage of excess price caused by another participant focusing on maximizing his goals in the short timeframe. (When the long timeframe trader passes up opportunities, he loses time and thereby shortens his timeframe perspective.) Situation 2 is illustrated in the discussion of the fact that lower prices offered in the price excess known as Spring Clearance motivated buying on the part of the long timeframe participant.
Thus, when long timeframe participants buy, the market is either perceived by them to be undervalued or they are forced to take advantage because they believe they are missing the opportunity. And, as we have also seen from that example, individuals with the shortest timeframes do not have as many options open, nor do they have as much time in which to think and act. Often they are forced to buy or sell regardless of the relationship of price to value over a long timeframe. An example of this in an organized marketplace might be the individual forced to liquidate a market position by a certain time or day due to an inability to meet margin requirements.

Thus, changing the mix of timeframe participants is the only factor that changes the condition of the market.

The greatest percentage of activity in a market exists to satisfy the near term the hand to mouth needs of the short timeframe participants while the long timeframe activity dominates the marketplace only occasionally. Yet it is the entrance of the long timeframe participants that changes the condition of the market and causes range extension or price movement. It does so by upsetting the delicate balance that has been predominant. Further, it is price excesses created by the short timeframe participants which create opportunities for the longer timeframe participants. Thus, participants in various timeframes compete against each other, seeking to take advantage of one another. The long timeframe participant takes advantage of price away from value while the short timeframe participant exploits the complacency of the long timeframe, thereby forcing a change in his outlook.
Thus, in order to have a market understanding, one must examine what long timeframe participants are doing and how short timeframe participants are reacting. Hence, the challenge of understanding the market is to isolate, categorize and analyze the activity of the different timeframe participants.

J.Peter.Steidlmayer Markets and Market logic
Markets are not efficient, rather they are effective - Jones
  • #448
  • Edited 7:10am Dec 7, 2015 4:25am | Edited 7:10am
Quoting mzvega
The Importance of Timeframes Understanding the concepts of timeframes and their influence on the market is key because acknowledging them is necessary to be able to grasp the next concept: to the extent that one can isolate or separate out and read the activity of the various timeframe influences, one can gauge the strength or weakness of a market. In other words, in order to understand the market, one should endeavor to understand the current actions of the long versus short timeframe participants. This is why participants should be isolated and...
Mzvega, thank you for posting! I have read all the excerpts. This week I will go back into live trading... USDCAD looks interesting...

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greetings
Chris
  • #449
  • Dec 7, 2015 9:09am Dec 7, 2015 9:09am
Hello - I've been absorbing the content in this thread for a few days now and find the concepts VERY intriguing. Much higher level conversation going on here compared to the other thread! I'm finding it hard to follow along with respect to the Cisco site as it doesn't appear to be (to me at least) available. I'm too am interested in building a database of profile info to analyse and research along the lines of VBPT. What steps do I need to take to prepare for this process? My plan is to try and back-test this idea with historical data and see what the results are. If what I see is good, then move to trade it live. So, I need to know what info to store, how to calculate it and when to store it. It would seem that since FX is 24 hour market, it would be a good idea to have rolling composite profile information to analyse, instead of taking snapshots every 24 hours. Also, my skill set is strong in VB/C#, mql4, mysql/SQL and it seems that this would be a good project to work on. Thanks Bill
Karma is a bitch, so play nice w/her
  • #450
  • Edited 12:36pm Dec 7, 2015 9:18am | Edited 12:36pm
Quoting dljonesFan
{quote} Mzvega, thank you for posting! I have read all the excerpts. This week I will go back into live trading... USDCAD looks interesting... {image} greetings Chris
Great observation, and Great trade!
I absolutely agree!
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Markets are not efficient, rather they are effective - Jones
  • #451
  • Edited 11:25am Dec 7, 2015 11:10am | Edited 11:25am
Quoting billmac3
Hello - I've been absorbing the content in this thread for a few days now and find the concepts VERY intriguing. Much higher level conversation going on here compared to the other thread! I'm finding it hard to follow along with respect to the Cisco site as it doesn't appear to be (to me at least) available. I'm too am interested in building a database of profile info to analyse and research along the lines of VBPT. What steps do I need to take to prepare for this process? My plan is to try and back-test this idea with historical data and see what...
I appreciate your interest, it's not very often someone with an interest posts to the thread. The Cisco site occasionally goes down temporarily, I think it has to to with them updating their database. What I do when that happens I go to google and put in the link address, and the view the "cached" version. In the mean time here's one page http://webcache.googleusercontent.co...&ct=clnk&gl=us. I think you will have a difficult time trying to backtest using MT4. However, this was somewhat discussed recently. "figure of merit", is another way of showing "proof of princple" http://www.forexfactory.com/showthre...23#post8566223. An important thing to keep in mind is that you will have to change the "format" of your data, from the regular "price to price"(OHLC) to a "price time format" refer to this post http://www.forexfactory.com/showthre...76#post8303076.

As for the data, Bandung, the original creator of the mt4 indicator, created a handy export feature which exports all relevant data to spreadsheets, which we use for quantitative analysis. The link to his site can be found in his FF profile. The rolling "Composite" sounds good in theory, however the thing is we are monitoring for "Change" in condition. By "rolling" the data you'll hide/miss the "small window of opportunity" used to identify that change has occured. Before you make such an attempt, get a firm understanding of what we do & why. The more you familiarize yourself with the "background" research cisco site, you can then decide if the rolling composite is something you want to take on. I don't want to discourage you, but for me personally something like a rolling composite would not be as much value, it would change the very nature of my analysis. Can I recommend, get a firm understanding of how the "analysis" is done first, then decide how productive it would be to "change" things by putting your own "spin" on it.
Again, your posts are much appreciated............let me know if I can answer or provide you with any info
Markets are not efficient, rather they are effective - Jones
  • #452
  • Dec 7, 2015 12:37pm Dec 7, 2015 12:37pm
looks like we all took the bait on USDCAD.

20 day balance on on positive RF. Was a long re-accumulation since the high of September. I am tempted to let test up to 1.4000
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Mzvega tks for the excerpt bring back to old days. I always find market J.Peter.Steidlmayer Markets and Market logic very inspirational book. I learned about this book from alexm when he requested it;remember the good old days when we are still young

BTW. have you ever read 141 West Jackson: A journey through trading discoveries. Which was publish 10 years later after Markets and Market logic. IN some waysthis book reminds me about AMVT. It talks about MP market expenditure in the horizontal & vertical configuration (price control or lack of).
Removal of MP chronological configuration in favor of dynamic change of profile due to change in volatility. Publish in 1996; 17 years after then we heard of something call TIME VARIABLE PROFILE in 2012, if you recall & we all thought it was something new he cooked up in his free time back in 2012

Till now no one talks it about it. except Dalton's methodology that gets bulk of the deal.
  • #453
  • Dec 7, 2015 1:48pm Dec 7, 2015 1:48pm
Quoting mzvega
{quote} I appreciate your interest, it's not very often someone with an interest posts to the thread. The Cisco site occasionally goes down temporarily, I think it has to to with them updating their database. What I do when that happens I go to google and put in the link address, and the view the "cached" version. In the mean time here's one page http://webcache.googleusercontent.co...&ct=clnk&gl=us. I think you will have a difficult time trying to...
Hi mzvega - thanks for such a quick response. Thanks for the tip on how to access the cisco site. You don't happen to have the page where I can see the AMVA references like you quoted on post #88? Or maybe a page that has a TOC?. Also, I don't intend to use MT4 to back test. I have historical data going back over 10 years that I would write a program to calculate and insert the profile data into a db. Then use the same program to create adhoc reports on the statistics generated.
Also, why don't you or Evak take any responsive trades? Did I miss something? Aren't you missing out on half of the trading opportunities? Thanks Bill
Karma is a bitch, so play nice w/her
  • #454
  • Dec 7, 2015 4:51pm Dec 7, 2015 4:51pm
Quoting Evak
looks like we all took the bait on USDCAD. 20 day balance on on positive RF. Was a long re-accumulation since the high of September. I am tempted to let test up to 1.4000 {image} Mzvega tks for the excerpt bring back to old days. I always find market J.Peter.Steidlmayer Markets and Market logic very inspirational book. I learned about this book from alexm when he requested it;remember the good old days when we are still young BTW. have you ever read 141 West Jackson: A journey through trading discoveries. Which was publish 10 years...
We have been on quite a journey, havent we?

When Dalton hinted that this was a learning process, that was an understatement!
We definitely have come a long way.

I have read 141, about 2 years ago. We are both similar in the fact that we will read anything & everything we can get our hands on that relates to the subject.
I am an avid collector of Books and thats a difficult one to find in its original hardback.

I periodically go back & do a re-read of all the published material on occasion, and each time I find I gain something new, and greater in-depth understanding.
When I get a chance to go through some backup files Ill post a copy of Markets and Market logic in the first post.

Great trade by the way!
Markets are not efficient, rather they are effective - Jones
  • #455
  • Dec 7, 2015 5:00pm Dec 7, 2015 5:00pm
Quoting billmac3
{quote} Hi mzvega - thanks for such a quick response. Thanks for the tip on how to access the cisco site. You don't happen to have the page where I can see the AMVA references like you quoted on post #88? Or maybe a page that has a TOC?. Also, I don't intend to use MT4 to back test. I have historical data going back over 10 years that I would write a program to calculate and insert the profile data into a db. Then use the same program to create adhoc reports on the statistics generated. Also, why don't you or Evak take any responsive trades? Did...
Good idea not to use mt4 for a back test. Sounds like youre on the right track, I have yet to acquire all the programming skills needed to have an idea, and the ability to execute it. I have been learning as I go along.

Why dont I take responsive trades? When Cisco did the research at the time, there is more profit potential, in trading into a new trend, than there was in responsive trades. There is nothing at all that says that you shouldnt, it is a little more nuanced and requires much more of my attention. My personal experience has been that I lose or give back a majority of my daily profits when I do make attempts. Thats just my personal experience; I have better results when I dont. While I am in the process of learning python & postgresql, its better for me to do something that doesnt require as much of my immediate attention

I'm not sure I know what TOC is? I cant find a cached google page, but I do have a html file saved. Let me know if it works..................
if not I'll change the format.............
Attached File(s)
File Type: zip AMVA.zip   56 KB | 825 downloads
Markets are not efficient, rather they are effective - Jones
  • #456
  • Dec 7, 2015 6:03pm Dec 7, 2015 6:03pm
Quoting billmac3
{quote} Hi mzvega - thanks for such a quick response. Thanks for the tip on how to access the cisco site. You don't happen to have the page where I can see the AMVA references like you quoted on post #88? Or maybe a page that has a TOC?. Also, I don't intend to use MT4 to back test. I have historical data going back over 10 years that I would write a program to calculate and insert the profile data into a db. Then use the same program to create adhoc reports on the statistics generated. Also, why don't you or Evak take any responsive trades? Did...
try this http://webcache.googleusercontent.co...&ct=clnk&gl=us
Markets are not efficient, rather they are effective - Jones
  • #457
  • Dec 8, 2015 7:38am Dec 8, 2015 7:38am
Quoting billmac3
{quote} Hi mzvega - thanks for such a quick response. Thanks for the tip on how to access the cisco site. You don't happen to have the page where I can see the AMVA references like you quoted on post #88? Or maybe a page that has a TOC?. Also, I don't intend to use MT4 to back test. I have historical data going back over 10 years that I would write a program to calculate and insert the profile data into a db. Then use the same program to create adhoc reports on the statistics generated. Also, why don't you or Evak take any responsive trades? Did...
Hey BILL!

I would like to reccomend you Steidlmayers "Markets and Market logic". That genius book will help you to understand Jones articles. Thats my personal opinion.

greetings
Chris
  • #458
  • Dec 8, 2015 2:01pm Dec 8, 2015 2:01pm
Quoting dljonesFan
{quote} Hey BILL! I would like to reccomend you Steidlmayers "Markets and Market logic". That genius book will help you to understand Jones articles. Thats my personal opinion. greetings Chris
That is a very very good one. It's so difficult for me to choose a favorite.

Markets & Market Logic, I enjoy for the real world analogies. That makes it simpler to understand the reality in which Auction Markets and their participants operate.

Mind over markets I enjoy because it focuses on the tool (not to be confused with thinking that it produces buy/sell signals) to identify how & where each of the different participants operate in.

VBPT I love for quantitative and analytical analysis. But if I had to pick a favorite it would be the research & background found at the Cisco site. Its taken me close to 5 years to digest the majority of the research there. But before I could wrap my mind around the research, I had to understand the previous two books.
Markets are not efficient, rather they are effective - Jones
  • #459
  • Dec 8, 2015 2:31pm Dec 8, 2015 2:31pm
Hi mzvega - Thanks for the page. TOC == table of contents. Ah yes, that loaded word 'potential'. My goal is to research both responsive and initiative trades in AMVA. I'm sure that some responsive trades have more potential than others and if the right alert system is in place, then you wouldn't have to watch the screen all day. It's funny how most traders who like to research ideas learn a little programming and then a little more..That's how I started. I had my own CTA but when 2000 rolled around and I saw the black cloud of a Bear Market on the horizon, so I decided to get a real job. So I taught myself how to program and got Microsoft certified. I like to say English is my second language now (Apologies to Strunk & White) I was never any good as a trader back then and I'm just getting back into the trenches now. For me, working in a good IDE is important like Visual Studio. It makes the process of coding easier for me. Intellisense is absolutely brilliant, like Auto-Complete for coders. Anyway...Thanks for your help. Bill
Karma is a bitch, so play nice w/her
  • #460
  • Dec 8, 2015 2:45pm Dec 8, 2015 2:45pm
Hi Chris - yes, I have read Markets & Logic at least the 1st edition. Thanks for the tip. My goal right now is to prepare the data for analysis and then to learn how to use it effectively. Any insight you might have on what ref pts to use and how to calculate them would greatly hasten my process. I see that your journey in AMVA has just started also. How do you feel it's progressing? Do you think this is a path that the rewards will justify the means? I'm pretty sure mzvega and Evak would agree, but for someone like yourself who's just getting their feet wet, is it worth it? I look forward to your response. Thanks Bill
Karma is a bitch, so play nice w/her
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