The methods of charting are conservative, and follow historical charting patterns that appear to have stood the test of time...I also became interested in commodity futures trading through the Ken Roberts Company, which I first purchased way back in 1991 when I was a 17-year-old college freshman. When I originally purchased it, I thought I had found the Holy Grail. Of course, I've done that quite a few times throughout my life.Now, ten years later, I'm not so sure.I have learned to become wary of any strategy that claims to beat a game (whether it be stocks, commodity futures, blackjack, you name it) without a solid theoretical foundation. Ken Roberts' strategies, as presented in TWMPMM and the associated Bonus Packs, lack this foundation.One of the major issues I have is with his "50% Retracement Rule." To the best of my recollection, the 50% Retracement Rule states that the price of any given contract will always "retrace" a prior movement by at least 50%. From the tone of his Internet chats, it seems he personally has shifted his trading strategies away from the original TWMPMM strategies to trading on 50% retracements almost exclusively. I have not seen sufficient empirical evidence of this "rule," let alone a theoretical justification, to convince me that any such "rule" exists in nature.I am not one for faith-based investing, certainly not after my short-lived stint as a Rule Breaker believer, and I have yet to see any empirical evidence that indicate that Ken Roberts' strategies do as he claims.heihojin
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