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...monkey boy!" (Dr. Leo Lizardo) I am absolutely sure that on a slow day I have witnessed one of my favorite posters responding to himself with TWO aliases! The trick to this is to use dogmatically styled pidgin English for one, and elequently fawning sycophancy for the other. It is most...

Thank you for your interest in "Scientist". I regret that we are unable to provide personal information on our patients. In his defense, however, I will say that recently he volunteered to participate in a blind test of a new antipsychotic medication, in the hope that the term of his stay here...

..it's Remiraz' thread. The rest of us are just clogging it. What was the topic? Regarding Tharp the elder, whether or not he traded or trades, the fact remains that "Trade Your Way to Financial Freedom" is a great book. I remember reading it and struggling with the idea of expectancy. Duh!

...what's the link, please, and please comment on what's good about it. Thanks. - Mike

...just trying to get the point across that ES and IB is a great combination fo' a po' boy trader. Maybe even not so po'. Will be even better when ES gets internal automated trading to IB. I love the hell out of ES because the code looks like CODE.

...thanks for your reply. It's always interesting to understand the philosophies which underly other people's system designs. Your views on trend trading are particularly interesting to me, since I have never designed one that worked to my satisfaction. - Mike

...I can't say about trend following systems, since haven't gotten one that works yet without long flat periods. Net is OK, but I hate the waiting. I have systems which have 2:1 or 2.5:1 hit rate, but it's at the expense of fewer trades, although not always lower net. It's a matter of adding...

...you just wrote Chapter One Backtesting 101! I wonder, since you take issue with my obviously stupid assertion about less than 50% hit rate (true for me, untrue for you, go figure), did you have to optimize the "core" rule with stops, reverses, or takes to achieve that? What I'm getting at is...

...I don't trade anything with a wins/losses ratio of less than 0.5. A nonscientific explanation is that that would imply worse than random rules. If you're testing a system and find that that ratio is less than 0.5, then you have a possible candidate to trade the opposite rules, because the...

...you cheap. E-Signal for you. Me use. $113 per lunar cycle with e-mini data. Language easy write. Better no use usual TA. Is moosecrap. Write own strategy. You broker IB? Also cheap. Fast fill, no screw.

...once in a rare while a condition will arise which the system which is currently in control is not coded to handle. In that case, that's exactly what I do. But it's no ordinary coin, it has to be a lucky coin, one found on the street. I have an envelope full of those. But then the problem is...

...due to the press of time I did not code up exactly what you suggested, but instead used an existing range breakout system as a surrogate. The rules were: 1. NQ 2. Don't trade before 9:30 AM ET. 3. Long (short) when price goes above (below) a threshold 4. Hold 'til the close...

...it's too late for that. With as many posts as you already have, we're on to you.

...I am very distressed. I think we are agreeing about something, which is not good. I like your QC analogy to reducing variance in a process. IMO a coward in the markets need not find courage, he only need find a system of systems which reduces risk to a level which doesn't make him sweat...

...it ain't random entry. Setting a volatility requirement makes it NOT random entry. BUT IMO, a system of that general type works. I have one volatility system that has only 50% reliability, but entering in times of potentially high volatility makes it work with trade management. Doesn't make...

...with all due disrespect for ET, the books they have listed are a piss-poor selection. It ain't just me likes Douglas, he is revered by many traders here and on SI. Check out the Amazon review at...

...was a monk.

Can this pig have the third report, too? These pearls you cast taste good!

..I post this with all due respect, as you so very often bring to this forum (circus?) an unsuspectedly relevant rubric (cherchez-le dedans votre dictionnaire anglais-francais!). Also, I know it gives you great pleasure to discourse with fools. I wish to make a case for cowardice in trading...

Every day Harry inspires me to fearlessly test at least one idea which is utterly stupid. In Grob's every post I realize how distant I am from my trading goals, and how important it is to have a structured theory of market action to get there.