Floyd Upperman and Associates ("FUA")
specialize in providing individual professionals (traders, speculators,
hedgers and investors) sophisticated and powerful proprietary trading systems,
including unique statistical studies and seasonal analysis. FUA
take the burden of data management and market analysis off the individual
professional, which in turn allows individual professionals to focus their
attention entirely on the business of managing their own market activity
versus sifting through data, fiddling with computers, uploading software and
so on.
Each FUA indicator serves a specific purpose and provides unique information
about the market. FUA indicators are designed to provide a thorough
analysis without redundancy. Due to widely available and cheap computing
power today, many traders often fall into the trap of thinking that more
indicators and more computer power is the answer to more effective market
timing. If this were the case, computers would be making the
trading decisions, and highly paid fund managers and individual hedge fund
managers would be out of jobs. Yet that is not the case. Fund
managers are still making multi-million dollar salaries and computers are
simply their tools. Clearly however, computer power can be of assistance to
individual speculators and traders, but one must remember that computers only
understand what we program them to understand. Thus the real
insight resides with the individual directing the programming.
Many new traders and speculators
make the mistake of believing the more indicators they have on their side, the
better off or better their chances of succeeding. This is not true
however as many popular software programs simply provide hundreds (or
thousands in some cases) of indicators that simply do the same thing
internally. These indicators all arrive at the same conclusion because
they are doing the same thing essentially (at the formula level). The
indicators might 'look' different, but essentially the individual is looking
at the same result. For example, a pie-chart and bar-chart will look
very different, even when both charts contain the same information.
What is most important is that the individual understands the chart or
indicator they are using!
FUA have developed and carefully selected specific indicators that provide a
complete and thorough market analysis with little to no redundancy.
Floyd Upperman has spent the last 15 years studying the markets and developing
his unique trading systems. His software combines unique price
indicators with public domain indicators and in-depth price structure analysis
and pattern recognition. In addition, FUA software also heavily utilizes
the Commitments of traders ("COT") data. The software dissimilates,
correlates and combines this data with price structure and seasonal market
behavior. The aim is to achieve a complete assessment with true leading
measure (beyond that obtained from traditional lagging price indicators).