Recent content by GhostOf144

Not here often, but a quick scan of the headlines shows people unwilling to do any work. Here are but a few examples: Here's a guy who wants scan parameters given to him. Never mind the long process of discovering which parameters might be best for you...

Douglas. This never ceases to amaze. Probably the most useless, yet over-rated and revered author among retail traders. Guy makes some money on paper, lives a lavish lifestyle, blows up and loses it all and more. Never returns to trading, but sets himself up as a cottage industry teaching...

Portfolio backtests only show you what might work based upon what has happened. A lot like use VAR for bank stress testing, and of course, that worked so well in 2007-2008. To the OP, go look up the Survivorship Bias. When you finally get taken out on your 50% idea, it will be for multiples...

You find strategies to test by gaining experience in actual trading. By trading small, this will give you ideas that can be tested going forward. Without some experience as to how markets move, routing, order placement, risk management and on and on, you will have little/no idea how to build...

About the same as books, LOL! I have yet to meet a successful trader whose path was: books, trade what you learned from books, achieve profitability. I was a futures floor trader. No one taught you anything. Why should they? You learned to trade (if you didn't blow out first, and most...

You don't learn to trade reading books. The problem here is that with no experience, how do you evaluate whether the ideas in the book have any merit?

The biggest problem people have is trying to develop a system without knowing anything about the way markets move, execution, or trading. The numerous books and internet nonsense promote this as though one should develop a system, then learn to trade. Cart before the horse...