Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes ES E Mini Future Trading – Simplicity Versus Complexity

You are searching about Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes, today we will share with you article about Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes was compiled and edited by our team from many sources on the internet. Hope this article on the topic Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes is useful to you.

ES E Mini Future Trading – Simplicity Versus Complexity

Over the past 20 years I have had the privilege of watching a variety of trading systems gain popularity and then decline in popularity. There are many reasons for this, some legitimate and others simply a function of the fickle nature of the business public. Certain systems perform well in certain markets; Say for example, some systems may excel in a bullish environment, but fail miserably when the market slips or worse.

And that has always been the problem with business systems; Some systems work well under favorable conditions and yet cannot maintain their record of success when market conditions change. Oddly enough, the investment community’s response to this phenomenon is to develop ever more complex systems with seemingly endless variables in an attempt to develop a system for “all seasons.”

There is a general perception that the trading system for all seasons is yet to be developed. My personal opinion is that a system for all seasons will never be developed. But I believe in randomness in markets, and that assumption alone prevents any system from prospering in all cases. To date, history has proven me right.

Surprisingly, some of the most popular indicators in use today were published by Wells Wilder in his landmark book in 1978 called “New Strategies in Technical Trading Systems”. Relative Strength Index, Average True Range, Directional Movement Indicator, ADX, and Parabolic SAR were all introduced in this remarkable book. And I believe that a random sample of most traders’ oscillators will include one or more of these important indicators. Still, these indicators are 30 years old and are just as important today as they were when they were published.

Why?

There has certainly been no shortage of complex market indicators and oscillators in recent years. Many of these new indicators are based on recent theories related to efficient market theory and capital asset pricing models. To be sure, I am not holding up these two particular theories as examples of great theory because there is a flood of modern theory that has simply been proven out and out wrong or, at the very least, horribly flawed. The most recent housing bubble and resulting credit crisis is an example of the misapplication of modern theory, with tragic and devastating effects.

Which brings me to the point of this short article; Many “old standard” oscillators and rate of change indicators remain remarkably effective and popular. There is little debate that Wells Wilder’s indicators circa 1978 are among the most effective trading indicators that many traders still use. These indicators have shown that they work well in both bullish and bearish markets and can be relied upon to deliver consistent results. Yet the question remains, why the preoccupation with progressively more complex indicators? I think there is a quest to somehow increase the success rate in the business past its current level.

And who, in their right mind, does not want to be more successful in business?

The answer is a simple one; We all want to be successful in principle and potential. And the ever-increasing complexity in trading indicators is indicative of our attempts to manage an essentially erratic system. Of course, we could not significantly increase our success rate despite the large amount of complex mathematical modeling and computer analysis data.

It is my opinion that one of the most difficult lessons for traders, or modern man for that matter, is the notion that there is an element of randomness in our lives that is beyond our control. No amount of complexity, or simplicity, has taken significant steps to solve this vexing futures trading problem. Yet we continue to develop more complex systems with predictable results. In recent years, quantitative analysis has made a good run at mitigating this problem, but the housing bubble and credit crunch have sent the quantitative analysis crowd running for cover. Quantitative analysis was no more accurate than other well-established trading systems in down markets.

And this brings me to my thesis in this short article; The secret to effective trading is learning to trade, not developing complexity in our trading style. While we have a hard time accepting randomness in our lives and in our financial markets, history has clearly shown us that randomness is an integral part of the systems we try to master. Wells Wilder’s tried and true methods continue to outperform any complex system of recent vintage. This fact is one of the bitterest pills the business community has had to digest. In my opinion, they never will. Our search for more complex systems will continue, with similar results to past complex systems. The volatility in our financial system is simply a fact that many traders refuse to accept.

Video about Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes

You can see more content about Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes on our youtube channel: Click Here

Question about Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes

If you have any questions about Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes, please let us know, all your questions or suggestions will help us improve in the following articles!

The article Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes was compiled by me and my team from many sources. If you find the article Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes helpful to you, please support the team Like or Share!

Rate Articles Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes

Rate: 4-5 stars
Ratings: 3511
Views: 4319119 3

Search keywords Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes

Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes
way Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes
tutorial Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes
Excel If Formula Provide Variable Number Of Outcomes Multiple Outcomes free
#Mini #Future #Trading #Simplicity #Complexity

Source: https://ezinearticles.com/?ES-E-Mini-Future-Trading—Simplicity-Versus-Complexity&id=3902098