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You trade NQ right? Today from 9:30 to 10:00, it moved only 10 pts (1838-1848), then it moved another 20 pts (48-68) after 10:00. [/B] It was the 14.5 points it moved from 3:19 to 3:38 ET that hurt. Otherwise I would be drinking White Star instead of Domaine Carneros '06 tonight.

Can you imagine the pain I endured holding until the close like my system said to do today? I am liberally rubbing champagne all over my insides to dull it. But I netted over 15 points per contract in compensation. Oh, but the points that got away after the HOD! Women who have spurned me haven't...

My favorite author Alan Farley (he hates for me to say that) wrote "They see you coming."

An aside, to womb it may concern, there are rumors of the death of Le Chien Qui Tonne here: http://www.elitetrader.com/vb/showthread.php?s=&postid=2904042#post2904042 Sick transmit, Gloria!

Thanks, Duck, that's the first time I have laughed all day.

A safe bet that the last 15 minutes will rocket to the answer when the bastards who already know the news take advantage of their inside knowledge.

AMZN and MSFT earnings after the close.

Thanks for explaining. I would never have guessed. Your "core" algorithm is indeed the holy grail, a basic concept so good that it has positive expectancy without optimization. The only ones I have ever seen were cured by looking at longer data histories. But I am still looking. I agree with you...

Already did.

Good man! I made a big mistake when I got to your level of insight by thinking I had to find everything deterministic about NQ to make money. That isn't true. Indeed you will make more money with more insight, but don't hesitate to exploit what you have. If you found what I think you found, the...

Well done! Kindly do not reveal the levels you found. I have a feeling that you are going to even prouder of yourself in future. The temptation is absolutely awful to show people how smart you are and reveal your observational brilliance. Don't do it. There are only a double-handful of things...

A total ripoff! You can buy this vinyl prefab 8X12 from Lowes for $1500 and trick it out for cheap: http://www.lowes.com/pd_135365-75128-6402_4294816550_4294937087?productId=1133323&pl=1&currentURL=/pl_Vinyl/Resin%2BStorage%2BBuildings_4294816550_4294937087_ I'm daytrading index futures to...

Well, duh! Your 5 years of 15 minute is not that much more than my half-year of one minute. Thanks for your comments on my time period. But I am having trouble wrapping my old head around "if you even enter at least favorable parameters you'd still be positive in long run." In what I do I try to...

Periodically I quit dialogueing with intelligent people here like you because I get horribly embarrassed. Thank goodness for anonmunity (that's immunity by way of anonymity). So thanks to you I have to go silent again for a while until the cheap vodka does its work on a frail old man's memory...

You are a brave man to ask my advice. You would be even braver if you took it. Testing over five years means that the optimized stop loss and profit target probably are averaged across a range of volatilities, that you may not have the right values for current conditions, and that you may be...

Yours, too? I thought it was just me. I have had essentially the same codes for years, and yet I still tweak them. Of the twenty-eight running on my screen, only one hasn't been touched in the last six months.

Alfobs may or may not speak up, as he says he only responds to abject stupidity, which your post isn't. My guess is that he didn't mean to exclude observation of how the system works in real time. I think what he meant is that so-called forward testing merely leads to more delusion on the order...

The trader who has a significant positive expectancy system needs no mind. It is a hindrance. He must be a trading robot. Mind only comes into play in devising backup systems. That is why when I am trading I occupy my mind with trash like ET and other forms of pornography to keep it out of the way.

Are you arguing for buy-and-hold, entering new positions only as your increasing wealth allows?

Thanks. I am sure ET will provide you with a steady stream of provocations to keep you posting. Let me quote your pithy post: "IMHO, backtesting is the only way to get at least some confidence in a system before you start using it. So backtesting cannot be stupid for this simple reason. In...