Recent content by bogitrade

Yes this is the right place and with Xmas approaching, we have some time for entertainment. No trading for me during the last two weeks of the year. We closed the books already. It was a good year, it could have been better but let us not get too greedy. Stay away from any software that...

Amusing thread. Charts, TA, coins and Carver stirred in the same pot. Charts and TA are for newbies. Coins are for scams. Carver is trying to make a Pound/book. Mr. Platt is not selling books but making 115% this year. If Carver was any good he would be working for one of these people. People in...

50% can become 80% and there is no reason why not. Trader should play slot machines in Atlantic City.

There is so much free Python stuff around - why do you have to buy something just to run python? Unless you have to plug it. That is what you did. Don't hide...

The real issue here is whether after all this work you are making even close to what a Vanguard passive investor is making this year. Surprising you mentioned that you got your ideas from a vendor that doesn't offer a demo trial of the software you claim you used as I just checked and appears...

Yes, seriously, one of the biggest frauds. Read the links I posted. After 1996 he has only presented trading records for two years. The performance he claims is based on his own attestation and not verified by anyone. Biggest fraud. Ask @guruleaks1 in Twitter.

Unfortunately and such idiots like Brandt and Northman gave trading and technical analysis a bad name. https://www.elitetrader.com/et/threads/interview-with-peter-brandt.297798/#post-4245512 https://www.elitetrader.com/et/threads/information-about-peter-brandt.320673/

A little google search will convince in no time he is an idiot. It took me 14 seconds. Bull market died for him two years ago around this time due to that triangle formation on his monitor. Probably the biggest idiot after Peter Brandt who called for DJIA 4000 Dec 2011 based on some pattern top...

Capitalism never worked for most people because this is the way it works. If you want a system that works for most try communism. We are tired of all these people who made billions due to capitalism and now say it doesn't work to please the growing left.

No one did because it is a silly thing to do. There are countless combinations of strategies that could accomplish that and choosing any one of those is the definition of bias and over-fitting. Someone also mentioned some software that does this with free trials. Now imagine why that person is...

Avoid backtesting. Try to think of a model no one can backtest and then trade it forward to see if good. Only way to make money. Backtesting is for losers.

If the strategy is bad, deviate, you save money that way.

You are not up to speed with data mining bias. Those are tests valid for unique models. Using those tests in multiple testing makes them useless. Software has many hard wired rules and tries to find the best combination for given time-series. This is data mining and under condition of repetition...

Anyone can torture data long enough and come up with examples that beat metrics, any metrics, anytime. This is statistics 101. Aid or break.... If you want to sell software to traders you must give them the opportunity to evaluate before buying. They cannot rely on examples you include in...

I stick to NT7, it rocks. Maybe move to NT8 down the road.