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I've sat next to the laptop and watched it execute to the cent when the trailing stop fires. It matches the back test. The only unknown at this point is slippage, and it appears to be a few cents as well. You could be right and we learn the most by trying to disprove our results. I...

"Look inside bar backtesting"

1. naive 2. It's worked very well in forward testing on a paper account 3. Thanks for trying to help :)

Detachment, Restraint, Suspicion, Robotic Discipline.......

The trend follower's view (green line at bottom is equity curve):

True, I've never audited his statements. The method worked and opened my eyes to price based trading. I also had his daily updates for a year and watched him obliterate me with this simple method which I refused to follow. Then there is the "bullshort" or "spike short" based on a broken...

Stochastic oversold reversal confirmed by 5 sma on 1 min tick chart on an up trending stock. Check it.

Fade human nature? "Your trading system is all the emotions you're unwilling to experience" -Seykota

Here's one: tradestocksamerica.com This guy was the first to show me a profitable technique. I didn't use it until I lost a lot of money trading my own way, and listening to Prechter.

I'm a little surprised you didn't post about the consolidation over the past few days that just broke down.

Thanks for that. Just relax....... I buy weakness after it starts to get strong and sell strength after it starts to get weak. I've been thinking of averaging down long calls when the underlying is getting less volatile, sitting on a moving average, while another moving average curls up...

Very good summary. I completely agree. This would explain why edges get dull, managers run automated funds, and all manufacturing equipment has big red mushroom shaped "oh shit" buttons on them. "System trading is ultimately discretionary" -Ed Seykota, quoted from Market Wizards

More question marks than I see on a typical manager's face in a week......... :D

Here is an amateur's opinion, based on the basic EW rules. You never know wave 1 is finished until wave 3 exceeds the wave 1 peak. I know of no magic number or indicator that will tell you in advance. Trend following tactics come in real handy when attempting to trade EW style. They...

I found the opposite to be true when testing my own trend following strategy.

Yes, thanks. Please allow me to clarify. My assumption is that a trend following approach will be used, not selling puts, huge leverage spread bets, day trades in thin markets, or other systems that tend to be on the wrong side of a phat tail. In other words, "money management rules get...

LTCM did not have a known expectancy. They had a model based on flawed assumptions. Trend followers have empirically designed systems based on real data from real markets. Trend followers took the other side of the trade when LTCM's directional bets didn't work out......

"any idiot can design a complex system, but it takes a real genius to design a simple system to perform the same task"

Van Tharp, one of the two authors who helped me finally get it, actually suggests in his latest book to design one system for each market condition that tends to occur on a regular basis. It's funny because I actually did this without realizing it. I was working on a variant of taking...

Since discovering a few edges myself, I've been a little shocked at how little most people care. One guy I know did actually take some of my suggestions and seems like he might get it. He's the millionaire next door type (high net worth, beat up chevy truck).