Not sure if the following I learned is related to the issue/ question:
"For each moving average, the important term is the middle one. A problem arises if the moving average is taken for an even number of terms. A simple solution is using Odd-numbered average. " :D
Thanks for the feedback. JH's play on guiding newbies reminds me the international comedians show last night.
It seems he'd be quite unhappy if not every trader becomes millionaire in a fairly short time. :)
Personally I would consider that basically every trading method or system that has been trading realtime for a period of time should have been evaluated "tested/ proved", whether by computers, manual, eyeballs or profits/ losses.
And any adjustment or improvement that has been made during the...
LOL.
imo, the poor performance of the trading system would be mainly due to the system designer didn't study or/ and understand the following document properly which has been claimed the best TA system on ET. :D
http://www.elitetrader.com/vb/attachment.php?s=&postid=1278985
... Perhaps you don't have to use too many charts of different time frames, such as a yearly one, to justify your hidden agenda of not trading actitively. Good strategy! :)
PS: Keep watching. Bye! :)