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It is not the ones that work best alone, it is what works best together.
ztrader wrote:
> On Saturday, June 02, 2001, 10:24:50 AM, Ira Tunik wrote:
>
> IT> I hate to disagree with you. I use a system that works very well. If you were
> IT> to test each individual part, each would fail to produce a positive result over
> IT> a period of time. There would be false entries, bad objectives and late
> IT> exits.
>
> Of course. That is not at all what I am referring to. Testing a
> statistical correlation is VERY different from testing the idea as a
> trading system. I am referring ONLY to the stats. I am trying hard to
> get people to distinguish the two.
>
> IT> When you put all the pieces together you have a system with an
> IT> extraordinary degree of accuracy. Yet taken apart, no one part will stand
> IT> alone, give a positive result, or make you any money.
>
> Of course. However, each part can be analyzed, but NOT as a trading
> system.
>
> IT> When putting a system together you have to know what each part
> IT> adds to the system and why it is there.
>
> Of course. Some of us like to know how well individual parts work, and
> select those that work best.
>
> ztrader
>
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