New posts

Reply to thread

Message

You know I'm happy to wear that.
I managed to trade the bull market and do OK with no brains.
A few others with no brains either also did well.Stevo's method would no doubt come under a similar umbrella.

On the other side I know quite a few with plenty of "Brains" who failed dismally.

Howard why is it that youd like to test a method designed for trading long in bullish conditions in a prolonged bear market? Its not designed for that?

Howard with an average holding period of over 300 days No doubt your sample period of 2005 till now showed a poor result. Id be interested in the open profit in those trades still open at the end of the test period.

I also believe that any system that performed well in a bull or bear market could be easily explained away as succeeding ONLY due to market conditions.
It appears that the trick seem to be in systems design to design a method which works in conditions in which its not designed.

At the risk of again being labelled Egotistical again.
Market rises 100% in an un precidented Bull run.
Dumb system out performs that 10 fold.
I can live with that and the label.

I can actually afford to shout ASX a beer!

This is WHY it works---SIMPLE!

(1) It holds its winning trades Far far longer than its losing trades.
(2) It makes much much more from its winning trades than it does from its losing trades.

Whos the smarter.
He who has a degree or he who employes those with degrees?

<blockquote data-quote="tech/a" data-source="post: 200754" data-attributes="member: 257">You know I&#039;m happy to wear that.I managed to trade the bull market and do OK with no brains.A few others with no brains either also did well.Stevo&#039;s method would no doubt come under a similar umbrella.On the other side I know quite a few with plenty of &quot;Brains&quot; who failed dismally.Howard why is it that youd like to test a method designed for trading long in bullish conditions in a prolonged bear market? Its not designed for that?Howard with an average holding period of over 300 days No doubt your sample period of 2005 till now showed a poor result. Id be interested in the open profit in those trades still open at the end of the test period.I also believe that any system that performed well in a bull or bear market could be easily explained away as succeeding ONLY due to market conditions.It appears that the trick seem to be in systems design to design a method which works in conditions in which its not designed.At the risk of again being labelled Egotistical again.Market rises 100% in an un precidented Bull run.Dumb system out performs that 10 fold.I can live with that and the label.I can actually afford to shout ASX a beer!This is WHY it works---SIMPLE!(1) It holds its winning trades Far far longer than its losing trades.(2) It makes much much more from its winning trades than it does from its losing trades.Whos the smarter.He who has a degree or he who employes those with degrees?</blockquote>

[QUOTE="tech/a, post: 200754, member: 257"] You know I'm happy to wear that. I managed to trade the bull market and do OK with no brains. A few others with no brains either also did well.Stevo's method would no doubt come under a similar umbrella. On the other side I know quite a few with plenty of "Brains" who failed dismally. Howard why is it that youd like to test a method designed for trading long in bullish conditions in a prolonged bear market? Its not designed for that? Howard with an average holding period of over 300 days No doubt your sample period of 2005 till now showed a poor result. Id be interested in the open profit in those trades still open at the end of the test period. I also believe that any system that performed well in a bull or bear market could be easily explained away as succeeding ONLY due to market conditions. It appears that the trick seem to be in systems design to design a method which works in conditions in which its not designed. At the risk of again being labelled Egotistical again. Market rises 100% in an un precidented Bull run. Dumb system out performs that 10 fold. I can live with that and the label. I can actually afford to shout ASX a beer! [B]This is WHY it works---SIMPLE![/B] (1) It holds its winning trades Far far longer than its losing trades. (2) It makes much much more from its winning trades than it does from its losing trades. Whos the smarter. He who has a degree or he who employes those with degrees? [/QUOTE]

Verification