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    why fighting deflation is a waste of money

    Maybe true for industrial society but for service oriented economies deflation means death and fighting it is a must.
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    Candlesticks an edge?

    Candlestick patterns are a very tiny subset of price patterns. Almost all candlestick patterns known to traders have already lost any edge they had before they were popularized. Many price patterns still retain their edge because this style of trading is not very popular. Many of those price...
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    Catastrophic event

    5* for describing reality.
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    Euro looks bullish

    It looks bullish to me for the last 6 years...:) Good timing though...
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    Euro looks bullish

    :)
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    Best Book For Designing Mechanical Trading Systems

    Profitability and Systematic Trading includes about 40 pages of pattern code some people may not find useful at all. But there are 136 single-spaced pages packed with information with just a few charts displayed. Harris is an advocate of automated trading system design and strict risk and...
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    Best Book For Designing Mechanical Trading Systems

    This is a good book but older content. There is a lot of talk about Aronson's book in several quant bolgs: http://www.amazon.com/exec/obidos/ASIN/0470008741/autotradblog-20 Some people love it and some hate it. For sure it raises the subject of trading system development to a new level...
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    QuoteTracker To Be Finished End of 2011

    Too bad if true, I like that program.
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    Statistical Question

    That is not the issue. What you stated is a red hearing. Trading is all about probabilities. If someone has a sample of 1,000 trades and associated win rate, confidence intervals can be calculated for future win rate. This is all you need. Knowing the future has nothing to do with trading.
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    "Cut your losses short and let your profits run"

    It applies to everything. It is a general statement, like a principle. It does not tell you by how much to cut.
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    Price Action based Analysis

    Good program. Another interesting part of it besides the patterns is the indicator. Very good signals for position trading. There is another option to calculate the optimum number of delay bars for patterns during the search. Quite interesting feature. Drawback is that you cannot pause...
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    Data mining challenge

    No problem then. I think that Indrionas is correct about that.
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    Data mining challenge

    Why don't you read his post carefully before pulling the trigger? He said for the GA's to work productively the FF must be monotic. It doesn't have to be.
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    How to make money day trading the right way

    When people mature they learn not to generalize. This comes with experience. Usually, people who generalize have little education and working experience. Great trading systems are sold every day to hedge funds and traders by qualified developers. My friends at two hedge funds in BVI and The...
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    "if you want to win money...

    Define indicator. Price is also an indicator, volume too. You are speaking too generally. Everything is an indicator. Stupidity too.
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    Outlook express

    Does anyone here know of a not so complicated way of password protecting and encrypting outlook express so that new downloaded emails are also protected and encrypted automatically?
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    A Classic ET post from pa(b)st Prime

    hmm...Who said once maybe 100 years ago that the patent office should be closed because all possible patents were already filed? I think the biggest threat to one's trading ability is stupidity...
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    What is the correct way to think analyse this?

    Censoring involves partially known data and it is the beyond control of the researcher. Selection bias is related to the method of collecting samples by the researcher. I cannot see why you equate the two although I don't claim to be a statistics expert. Maybe someone with a formal...
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    HowardCohodas Index Options Credit Spread Trading Journal

    Is this paper trading, backtesting or real trading results?
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    Backtesting Metrics

    He is that and much, much more. He and some others like him are the real idiots here. They make unjustifiable statements and present themselves as authorities. Just ignore the idiot. More importantly, don't pay attention to anything he says. He is too frustrated and too big of a loser for...
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