Search results

It requires destroyed neurons to even want to watch Fox News.

No, there isn't. Curve fitting is finding a function that best approximates a set of data. We aren't trying to approximate a set of data, we are trying to maximize a given outcome. Entirely different procedures.

The whole point of trading is to make money. Therefore the logical optimization is either total net profit or average profit per trade. Overfitting (which some traders mistakenly call 'curve fitting', even though there is no curve being fitted) is always a concern but as Eckhardt pointed...

My point exactly. Having an edge you don't trust is equivalent to having no edge at all. This assumes they really had an edge if they followed their strategy perfectly, which I submit is seldom the case. So ... #1. No edge to begin with. #2. No trust in a true edge because they didn't...

I disagree that the main idiocy is cutting winnings short. The main idiocy is not having an edge. May the gamblers keep coming. :)

You've pinpointed the OP's problem. Aside from being unusually thick (how hard is it to grasp Cut Losses Short?), he seems to suffer from the delusion that he can find some perfect exit strategy which will turn all potential losses into winners or at least breakevens. Moreover he actually...

+100 Yeah, can't think of a better way to go than a trading firm named after an apex predator and based in a kleptocracy. :p

If you are poor at math: learn price action. If you are good at math: avoid price action and learn how to analyze price series. Self-created TA is the way to go. Unfortunately there is no how-to manual.

Mindset doesn't make a trader a success, a good edge and proper money management make for trading success. The proper mindset may be vital to get those two things but by itself,, a strong will won't turn a novice into a successful trader. It's like claiming a love of books is all you need to...

Are you saying you're a discretionary trader who manually backtested over 10000 trades? :eek:

Gone surfing? Are you marketsurfer?

I would think the common sense thing to do would be to use the 50% percentile values.

No. First, I agree with all the replies above. Futures are risky. Second, if your friend used the word 'investment', he is a scammer and no true friend of yours. You can't invest in futures. You can invest in stocks that pay dividends but futures are a zero-sum game: for every...

Seriously? I think you should be more concerned about whether $8K is the right amount to invest than the fastest way to calculate how many shares equal the $8K.

As abattia and erniej pointed out, some people enjoy solving open-ended puzzles. Evidently you aren't one of those people.

Trading is enjoyable once you get a handle on it because you know you have finally succeeded where a great many others including some very smart people have tried and failed. That's real achievement, above and beyond the financial independence (which doesn't suck either. :)) The journey to...

That would lead to all traders failing, not just most. The market is sometimes efficient and other times inefficient. Those who know how to take advantage of the inefficient times are the winners.

First you claim to have a timing indicator that works great in every type of market. Then you say it really doesn't work until all types of other extraneous shit is added on. It's pretty clear who the prick is here. I call BS on your magical any-market, any-time indicator which works...

When people bring in the red herring of perfection, my BS detector lights up. I never mentioned or even implied perfection. There is no perfect signal generator. So now you're back to claiming your indicator works great. But you're also the one who said that when your indicator is used...

Engineers have a saying: For every complicated problem, there is a solution which is simple, easy and just dead wrong. Trading successfully is a complicated problem. We know this because if it was simple, we'd all be rich. When you said your custom timing indicator works, I thought you...