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    Jack Hershey Method: Beginner Rockets

    Some 73 year olds haven't learned that yet, apparently.
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    Jack Hershey Method: Beginner Rockets

    Money talks, bullshit walks. Let us know when those guys edge out Jim Simons and Renaissance Technologies.
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    Jack Hershey Method: Beginner Rockets

    I get a kick out of those who dismiss backtesting out of ignorance and fly by the seat of their pants powered by pixie dust. Your statement that "testing in realtime is the only accurate way to test trading systems" is simply WRONG. To take what you say literally, one could test a lousy system...
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    Jack Hershey Method: Beginner Rockets

    Envy? Are you from another planet? ROTFLMAO!!!! Actually Oddi, what's "almost laughable if it weren't so pathetic" is your market knowledge and insight. For example: "I contend that probability of success on any trade is 33.33%. So if a system tests for between 31 and 35% probability...
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    Jack Hershey Method: Beginner Rockets

    No, it has NOT been accepted defacto. I've said quite a few times that I'm looking for a contest where the results can't be fudged. http://www.elitetrader.com/vb/showthread.php?s=&postid=1089898#post1089898 Therefore nothing of yours or the A Team's is acceptable to link to. Easyrider may...
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    Jack Hershey Method: Beginner Rockets

    Do you have to reply to every post with a tome of diarrhetic BS? I don't make unsubstantiated, outrageous claims of trading perfection... you and your followers do. Thus my challenge. So are you going accept it or not? Or are you afraid to show everyone what you're really made of?
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    Jack Hershey Method: Beginner Rockets

    What part of "where THE RESULTS CAN'T BE FUDGED" don't you understand? Totally NOT interested in yet another forum that would showcase your after-the-fact calls and UNSUBSTANTIATED claims (like $5K to $200K). I'm talking about a site that provides fills based on orders placed IN ADVANCE, and...
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    Jack Hershey Method: Beginner Rockets

    No Jack, no more internet fiction. I'm talking about a thread here on ET linked to a website that can handle such things, where THE RESULTS CAN'T BE FUDGED.
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    Jack Hershey Method: Beginner Rockets

    YOU'RE the one with the credibility issue because you're TOTALLY CLUELESS, as anyone who reads some of your earlier posts can see. For example these show profound ignorance
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    Jack Hershey Method: Beginner Rockets

    Trading contest, trading contest, you and me. Come on, Jack! Let's see what you're really made of!
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    Jack Hershey Method: Beginner Rockets

    Instead of your Grobian obfuscation and condescending BS, why don't you just take me up on my challenge to compete in a trading contest? Just you and me or you and me and some A & B Team members, here on ET?
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    Jack Hershey Method: Beginner Rockets

    Hypo, I think you missed my point on optimization. Optimization can be a good thing. By analyzing "the quality of degrees of freedom," let's say you have a systen that goes long when the close crosses above the 20 day moving average and exits 10 days later. You'd optimize the moving average...
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    Jack Hershey Method: Beginner Rockets

    True. But like any tool, backtesting is only as good as the practitioner e.g., an amateur will use optimization to curve fit his system to the data, but a knowledgeable trader will use it to analyze the quality of degrees of freedom spent by his system.
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    Jack Hershey Method: Beginner Rockets

    Jack and the A Team BEG for those demands by constantly making wild, unsubstantiated claims of trading prowess while offering no proof, other than the claims themselves. No claims = no validation demands.
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    Jack Hershey Method: Beginner Rockets

    Troll magnet? You bring opposing views on yourself by pretending to dismiss valid concepts out of wisdom, when in fact you do it out of ignorance. Take backtesting. Your posts shed light on why you're so against it. Because you don't understand it at all, therefore you failed spectacularly...
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    Jack Hershey Method: Beginner Rockets

    The only point you made is that you don't understand backtesting. Done intelligently, one can quantify and objectively compare and contrast variations that would take forever to watch unfold bar-by-bar in real time. Then the brain can focus on the nuances of the variations that test out best...
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    Jack Hershey Method: Beginner Rockets

    I see you're adding conditions after the fact again. Every rule increases the fit of the system to the data. And entering mid-bar is NOT in the beginner's guide. Pinning you guys down is like trying to nail Jello to a wall. What you describe CAN be backtested. Even if the software doesn't...
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    Jack Hershey's Drill number 1

    I didn't expect a substantive reply. So go ahead, run away and increase your balance sheet. LOL. As for me and the others re: hedgefunds, we don't make wild, unsubstantiated claims of trading prowess -- that's your realm.
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    Jack Hershey's Drill number 1

    Oddi, Appreciate your offer but no thanks. You, Hershey, and the rest of the A Team have zero credibility with me so I'm not inclined to waste my time forward testing a bunch of gobbeldygook that doesn't backtest favorably. You have zero credibility because not only does the A Team make...
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    Jack Hershey's Drill number 1

    According to your own chart, you're in "Irreversible Failure" mode for "Inflamed Emotions" and "Poor Intellectual Processes."
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