[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] HOW UNFORTUNATE



PureBytes Links

Trading Reference Links

You are there requiring proof and back testing.  I never back tested a
system.  I felt that it was useless.  I was not interested in what happened
in the past, I was only interested in what it would now.  I tested with real
money, not a computer, slide rule or paper trading.  I didn't set up endless
tests.  Everything I use has been around since the the 1920s and 1930s.
Nothing new, inventive, creative or ingenius.  The system has just 3 little
parts and it works now.  It has worked now for the past several decades.  I
assume that it will continue to work now.  When it stops working now, I will
look to cure the condition.  You can test until your head caves in and get
all those wonderful statistical results and the system won't make you any
money.  You can get better results then most traders by just throwing a dart
at the stock listings and go long and liquidate at the end of the day.  An
ape did it, why can't you? There is only one proof and that is your bottom
line.  If that isn't increasing, no matter how good your statistical results
are, you have a bad system or you are a bad trader.   Ira

ztrader wrote:

> On Saturday, June 02, 2001, 1:55:30 PM, Norman Winski wrote:
>
> NW>   Given the fact that you claim to be so expert at scientific
> NW> statistical analysis, why haven't you performed your desired
> NW> analysis?
>
> Given the lack of a 'scientific' basis, I don't 'believe' in the
> techniques. Why should I spend time looking at things I don't
> 'believe' in?


To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/