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    Capitalism Doesn’t Work, Mr. Gates?

    What an idiot. Gates didn't say that. He said that Capitalism should have a social side. More butter than guns I guess. He is maybe sending a message to his employees about elections. Bill
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    A cautionary tale for system developers

    Have them sign a non-disclosure agreement. Then you can sue them if they use their system. Do that next time. Do not do any business or anter any discussions to do business unless you sign an agreement to your favor. Bill
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    3 new papers on trading ...

    Waste of time to read. These profs do not understand curve fitting. Look at the drawdown levels. The second paper is all about fitting a simple moving average to data using an elaborate neural network algorithm. Have these people ever heard of Metastock or Tradestation? Traders have been...
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    3 new papers on trading ...

    The problem is how much it costs before the "system" learns. Usually, it ruins the account, any size. Bill
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    Inflation out of control

    Yes, because you do not know what inflation means. Commodity prices rising is neither sufficient nor necessary for inflation. Bill
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    Will a partial martingale system work?

    What does a "60% win/loss ratio for each trade" mean? Beats the S&P out of me Bill
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    Hey Jimbo, no more advice please!

    I know you are stitting there watching delayed quores with nothing to do because there is no money in your account. Before you start typing your advice here at ET, let me tell you something Jimbo: If I exit my long trade too soon and the market keeps on going up you will blame me for pulling...
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    Tom Demark Sequential Indicator

    These indicators look like an application of "gambler's fallacy". Bill
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    Most popular trading forums ?

    Try ET. You can use the same username/password Bill
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    do candle sticks really work?

    But you implied that a trader with a winning system can lose money because of other factors. I tell you then that most traders, like the people at ET, are not stupid and know the factors. The problem is that they do not have or seem not able to get a winning system. This makes up 95% of...
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    The accuracy of trading performance back testing

    Your statement does not make any sense. Fist of all, cumulative probability is defined as P[X <= x] meaning that it is the probability of a result x less or equal to X. Now, you confuse probabilities. There is the probability of a flaw in the pipeline and the probability of failure of...
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    do candle sticks really work?

    Finally someone who knows what he's talking about. TA won't give you the weapon to fight top traders. They don't use TA. They use MONEY. MONEY, A LOT OF MONEY is the key to succesful trading. Bill
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    do candle sticks really work?

    You missed the most important reason and the number one reason why most traders lose money: * Most traders use trivial technical analyis You are wrong because you seem not to understand that your list is made of necessary but not sufficient reasons. Most people don't understand the...
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    Computer Generated Trading Strategies

    I'm looking to buy a legal used copy of APS Automatic Pattern Search v4.8 or higher. Please contact billchen90 --at-- yahoo.com Bill
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    Computer Generated Trading Strategies

    What you are trying to do also goes by another name: Curve Fitting. You take a Set {S} of strategies that can be expressed using a language {L} and you try to validate the following conjesture: There is Si such that {Si} belongs in {S} AND Si --> {P} when Si is expressed using {L}...
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    What is this thing called "The Market"?

    Maybe you are the author! No, I no going advertize no book here but you are either the author or you don't quote your sources, can't be pure chance. Bill
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    Trading Systems Robustness & Market Structure

    The paradox is only in his mind. There is no paradox. Optimized systems are fitted for vest past performance. Past performance is no guarantee of futures results I heard. Simple. Paradox is an apparent contradiction that is resolved when one of the false premises is removed and replaced by a...
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    What is this thing called "The Market"?

    Yeh man, I have read the same book. It starts exactly this way. It can't be a mere concidence with your post. You should always quote your sources of confusion. Bill
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    Who is losing money on the street ?

    Hedging involves two different games. Hedger is no trader yo. Bill
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    Who is losing money on the street ?

    Why? Do you think when you lose money some of it goes to your local charity automatically? No it don't. It goes rightinto the pocket of someone else. Now, do you still think trading is not a zero sum game or you discovered some way of letting winners make less than what you lose? Bill
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