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Nice post. I like your setup.

Limit orders and whoever tell you of some other trick do not believe him.

It more has to do with capitalization and position risk as a function of market volatility and of commissions paid. Most people don't realize than even if they have a small trading edge they can face risk of ruin due to high commissions if they trade more often than they should. This is a good...

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What is the essence of this conversation? Can someone explain?

The Holy Grail is your ability to follow a good system.

Excellent call. Perfect timing.

ID Bill, I think I will partly disagree with you on this one but only partly. Even Harris, whom I know you worship as a price action guru, agrees that price action is a TYPE-3 curve fit, as he labels it. He also makes some interesting comments worth discussing here: "Actually, nobody has...

The only hope of permabears to ever make money shorting US equities is to elect someone who advocates the gold standard and wants to abolish the FED. It is clear that the FED actions have done a lot of damage to permabears and they want it abolished.

If you make money for a week maybe it's because of luck. If you make money for a month that maybe too. If you make money for a year maybe you were lucky. If you make money for 10 years in a row only a stupid academic moron will run statistics to find out if you were lucky. This is a more...

Get real.

Are you sure you understand the methods? Can you describe one?

Murray, I think TS is adding machine generated trading system capability to their software. See, most people don't have the skills to go through the manual development steps. Integrating machine generation of trading systems, even something simpler and similar to price action lab functionality...

No, no, it's not an elephant. It's a dishwasher...

It depends on AAPL I guess.

Agaaaaaaaaaaainnnnnnnn?

The best period to trade eurusd is to go long when it is rising and to go short when it is falling. It is simple. So few people realize how simple it is.

Use only real prices when you backtest if you want to be in touch with reality. Never employ any data adjustements. Adjust entry price and # ofshares in case of a stock split and roll contracts in case of futures rollovers. Use only programs that allow you to backtest this way. Trading Blox...

All of the above are easily done in Tradestation, Metatrader and NinjaTrader amongst many platforms out there. I bet you can do them in Multicharts and TradersStudio as well. As far as data mining there are many solutions around, some are expensive, some are limited and some are worthless...

Two things: 1. Technical analysis using the adjusted close can be highly misleading at times. I already posted a link to a specific example for the SPY where a major double top dissappears after adjusting the data. 2. Backtesting using series adjusted for dividends can generate misleading...