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Does Market Timing Work?


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Does Market Timing Work?

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 trendisyourfriend 
Quebec Canada
Market Wizard
 
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We ran the numbers on market timing. Our findings?
https://www.schwab.com/learn/story/does-market-timing-work

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  #2 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014

All the studies I have done denies market timing. One market timing is usually based on Elliott Wave Theory and requires night time data as well as day time. Night time data must be put in tick data or a price/volume form data to get the proper psychology in the data. Even then I doubt it would ever work. Due to what wave will be next. Such as an -b- wave with a simple -a-b-c- is far different in time with a -a-b-c-d-e- or one of the other more complicated waves.

Then what is the importance of time trading if one can predict the turn points? It is just putting stops in and run to your next job. Day traders look for that one early morning run. That is about the best timing one can get. Personal experience anyhow and willing to be taught if one can show a system that works.
SoonPeso7 timing

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