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Re: Backtesting



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The obvious question is begged by your assertion "But it can be done" -- 
         
Can it? -- Will you provide verifiable, audited, proof?  If so, is it based
on back-testing or real-time trading?
               
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At 11:00 PM 3/26/98 -0800, you wrote:
>>>maybe your comments will help some and prompt others who disagree to provide
>proof that supports their argument...<<
>
>When it comes to probability, the only proof I know centers around the Law of 
>Large Numbers, but its too large to be useful here.
>
>How about this as food for thought....
>
>If, as is suggested, that the market's behavior one year has not much to do 
>with any other (or something like that) then it would follow that it should be 
>nearly impossible for a simple trading system, that makes about 1 trade/month 
>to be profitable over a 10-15 year period.  But it can be done.  Therefore, 
>something must be wrong with the premise.  
>
>- Mark Jurik
>
>
>