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Maybe I'm dim today but I have no friggin' idea what that convoluted story was supposed to be about. Fletch

You are confusing symptoms and diseases. If you think you can remove all the ways that irresponsible, self-destructive people can ruin their lives, you're nuts. And you'll be screwing over the countless more who engage in those activities responsibly, be it playing poker, or drinking, or...

It's a nice little accounting fraud, isn't it? Fletch

So, you guessed wrong, huh? Fletch

A 50 trade backtest is almost entirely worthless. I agree 200 is a start, but prefer 1000. Fletch

Yes I have worked with NN. No I have not worked with them as the centerpiece of any trading strategy. Look, folks, NN is just a fancy way of doing interpolation. That's it. That's all it is. If you expect it to be something more than that, you are going to be disappointed. If you realize...

I don't understand this comment at all. Can you explain a little? Fletch

I found this ad: http://jobs.phds.org/jobs/redwoodsf/san-francisco-bay?searchterm=ca "Employer: Redwood We are a highly successful Bay Area investment firm specializing in quantitative research and trading." I thought Redwood Trading was gone? Is this some other Redwood in the SF...

Sure. Know any trust funders? Fletch

I don't really have to. You're doing a fine job of it. Fletch

Uh... if you say so. Fletch

I would. And I'd have even less respect for a guy made $1 trillion and lost it all. That would be even worse way to be a breakeven player, which is all Livermore turned out to be. Fletch

Agree 100%. It seems to me the people who are drawn to the Livermore story are the same types who will talk of blowing out accounts as though it were a Purple Heart. You see this same phenomenon in advantage gambling circles. Some people are drawn to a kind of fatalism, and admire the guys...

Nah, you can go on and call your predictions "responses" if you like. No skin off my back. I "respond" based on previous baby action that my 6 month old will be up at 5am, so I better get some sleep. Fletch

Good, just be sure not to tell your clients that you are predicting that the markets will product profits for your methodology, because that would make you a charlitan (sic). They should be giving you money for some other reason, I guess... Fletch

With no prediction as to whether the market will offer a profitable exit within your acceptable risk? Hmm. You might want to look into that. Most people are trying to make money with their trades. I really shouldn't bother with your crowd, however, as it seems you're just intent on playing...

I have one question for you, then: If you cannot predict that you will have an opportunity to sell a long higher or cover a short lower, with a net positive expectation, why do you ever enter a trade? As for me, I will continue to predict that the markets will behave as such that I will...

Kind of interesting. I develop my systems on ER2 and they never seem to work for jack squat on any other contract. Fletch

A second semi-legitimate reason is that the system developer is willing to give up a premium for the zero variance income. Fletch

And gosh darn it, people like you? IMO all this mental self-stimulation is not useful. Direct some of that energy towards useful activities. Fletch