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Dave, that is why we need simulation. It is easy to measure validity
once you have a good grasp of the theory.
rgds, Pal
--- In amibroker@xxxxxxxxxxxxxxx, "Dave Merrill" <dmerrill@xxxx>
wrote:
> Pal, how would you think about the validity of a theory without
considering
> whether it actually worked or not in practice?
>
> dave
>
>
> > Al, I'm not disputing the usefulness of statistics. Far from it.
> > I'm merely stating that in my view, it is misleading to exclude
> > individual systems using past measures of profitability.
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