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Always be willing to swing either way. That way you will never lonely.

Leaqualizer, if you know how to design multi-state adaptive Kalman filters, you can estimate the evolution of any physical process you have the insight to model. Understanding the differences between market prices and physical processes, which using a Kalman to model a market surely will teach...

I put my money on ArachnidMan. There are about three people here who really fucking trade, and he is one. I am the other two. My Man!

In future kindly chart something other than ES. All ES traders are in thrall to Jack Hershey and believe in the self-fulfilling prophecy that price trends and channels. I am from the old school that says the estimator IS the trend line, MA's being the poor man's estimator. For lack of higher...

'Surfer, are you being paid by The Man to ass-sert that TA doesn't work? Indubitably it does. The Man makes his bread from volume, and there cannot be volume unless Paper believes in TA. For Paper to believe in TA, it MUST work. Sometimes. At least often enough to suck Paper in. The REAL TA is...

Forgive me, Steve, but I am too drunk to remember how to log off and on again to maintain the thin fiction that I am not Emil, and he is not me, and both of us are not somebody else. First I am happy that you are well. I, too, looked at hospital beds, but I could not imagine how my lady of...

Exactement! My initial post was a total fraud to see if anyone would call me a liar. NOBODY did. How much trouble does it take to code "Buy Wednesday" if you are a fona bide backtester? Maybe 30 seconds. In fact, it is a wiener.

Damn! I was making money off that! Anyway, fuck around with projecting into the future and see what YOU get. All this presumes that you can code, which 99.99% of ET cun't.

Stoli, you have an evil mind. Would you please delete your post? All I will say is that I have incontrovertible evidence that THEIR computers predict. Minutes ahead. Now so does mine.

Breadmangler, one could hardly outdo Mackay or Kindleberger, but then again, they never met Jack Hershey.

I haven't proved or disproved to you that you should buy an up close. Should you? You don't fucking KNOW, do you? But let's suppose that I did, and that you liked "Buy Monday". Thus begins madness. You think, if I should buy Mondays, and an upclose, how much more would I make if I only bought...

Are you thinking Dante? Milton? Kierkegaard? Or Hunter Thompson?

MangleBread, I would not tarnish the memory of the great and late lamented Bruce Babcock Jr. by writing a book on backtesting. His could never be improved. But I do appreciate that you get it that backtesting is funny.

BubbaBig, that is a great question. The porblem with uptimization is that it leads to breathtaking stops, like many points. Every system I ever tested gave lousy results with rational stops (I use 3 ticks for NQ, and am thrilled to escape with four). So I have a theory. If I have to optimize it...

Eddie, the speed ratio is the ratio of the settings of the two EneMAs, par exemple, 100:25, which specific rat-io will do you no good at all intraday. But I am not joking. EMAs work because The Street's algorithmicists are too dumb to handle anything more complicated. For years I have tried to...

Eddie, funny you should ask. Years ago I used the 15 and 75 SMAs on a one-minute chart to trade runs in NQ, based totally on eyeballing the data. Ah, the glory days, probably never to be repeated. Subsequently I wasted enormous effort to find crossunders (a new marketing term) that worked in a...

Ah, my dear Bento, how I struggled in my youth to comprehend your writings! Perhaps I was hindered by being a heathen. No matter, we are all heathens on ET, filthy grubbers after lustrous lucre. I had not realized before that you are a comedian as well as a philosophe. I am but a poor boy who...

Well here is a strategy which is psychologically satisfying to the dyspeptic hung-over trader: "Sell Monday"! Take it from me, if a system meanders between working and not working on the scale of a quarter, the results are random. Not something you will see in a textbook. Or did everybody...

Thanks for asking, Doli. The BT's I will post are only for fun, or to poke fun. I do not BT seriously any more because I wasted a huge amount of time learning that optimizing profits and stops is a fool's errand for any practical system I ever found. Something as simple as an MA crossover system...

I assure you that my colleague Herr Doktor Kraepelin is guilty of some small exaggeration, but in the main his description of our trading system for the senescent is quite accurate. We use it ourselves every day, both of us being of a certain age, senescence being defined as a feet age of 126 years.