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Sometimes I'm too pithy for my own good. With the exception of only one that I can think of at the moment, those I know who choose not to invest on their own are still working at what made them successful or are retired. You would not recognize them as wealthy by how they dress, how they live...

Great. I can profit from that.

Then perhaps you should choose a trading method that does not depend on market timing.

I can not yet meet one of the criteria to be a hedge fund investor, i.e. a net worth of more than $1,000,000. Besides, I enjoy managing and growing my own assets and teaching my methods. That may change over time. Those I know who are hedge fund investors are generally not interested in...

Spot on again. Your on a roll.

Spot on!

This is not my experience with people who are clients of hedge funds. I don't get the feeling that you know many people who are. Don't take my experience for gospel. Just review the Bernard Madoff scandal. This will give you better insight into this type of clientele.

Excellent! To elaborate on requirements before putting a strategy into production. Back testing, like any computer simulation of the real world (think engineering) has its limitations. Tick data vs. EOD data and Slippage Even with tick data, you can't assume the trades you want to make...

As I mentioned in an earlier post, out of sample testing is a core part of my approach. One of the reasons I gave you the references to some texts on system development is so that you can learn the compromises associated with different approaches to out of sample testing. A cutoff date is my...

I'm not surprised. Forums have never been a viable source for students for me either.

Some thoughts... I am suspicious of any system developed with backtesting that can only succeed with execution timing unavailable with retail platforms. Especially your weekly system. I'm a retired engineer so tweaking a system is in my DNA. None-the-less, I put every system through four...

thenmmm, Welcome. I've enjoyed our dialog elsewhere. Glad to see you here as well.

The OP has been silent throughout this thread. For all I know, we are just talking to each other.

A couple of thoughts. Read the book The Millionaire Next Door: Surprising Secrets of America's Wealthy. Or at least read the section from the Library Journal. You may find your model of the American wealthy needs adjustment. The beauty of the internet is you can conduct your business in...

I can't explain it, but I can observe and report it. Understanding psychological difficulties is outside my skill set.

I have absolutely no idea what point you are trying to make.

Some desire public adulation more than money. If you can have both, then ...

We'll see.

I'm assuming you are talking about an options spread which limits your max loss and your max gain. Combining a stock with an option or an option spread can accomplish a similar result.

Very funny. Thanks.