I first discovered Bill Williams after I had been studying the futures market and technical analysis for about 6 months. I opened a library book at random and found myself reading an interview with BW, and he was talking about Fractals and Chaos and Elliott Wave and I liked what he was saying.
I bought his first book and then the second. I discovered the Profitunity website and Investor's Dream software. I tried to implement parts of the system in some Mac trading software that I had and thought the results looked promising.
But, having had experience with various technical analysis methods that 'looked promising', I knew that it would take extensive testing before I could feel confident trading the system.
Since Investor's Dream doesn't have the capacity to do backtesting, the task became one of implementing the system in a trading software and doing the testing there.
I can vouch for the fact that this is easier said than done, even though Bill publishes most of the formulas in his books.
Now Ulrich has offered us all of his hard work. And if each of us can find the time to look at even small portions of his system and offer ideas or suggestions I think that together we can develop a system that we can test.
I know, and Bill and his daughter Justine confirm this, that we are probably not going to learn to trade like Bill just from reading his books and having the right software. But, I for one would have trouble spending $7,000 usd for a course unless I felt confident that the basic system was profitable.
So, that's my long story. I welcome everyone to join in this interesting adventure and share in the learning. I think it will be fun.