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Why don't you ask Santorum and Gingrich about Mitt's viciousness in the primaries? I'm sure they can tell you volumes. How about his attempt to intimidate/belittle Rick Perry with his $10,000 bet? The message is "I'm richer than you, so I'm better than you, so back off." The idiocy is...

I don't think he has changed. The rumors of Mitt's nastiness are rife, he has just taken it covert rather than in-your-face like the teen punk he was. When this story first broke, his first impulse was to deny it and to claim amnesia. That is not the behavior of somebody who has changed and...

Don't flatter yourself, you didn't figure out shit. We know about Obama because he was upfront and honest about his youth. Mittens on the other hand has denied and lied every step of the way: "I don't recall." Yeah, right, Willard. Just what we need in the White House: another pathological...

"Vicious" and "idiotic" are two of the adjectives used by classmates of Mittens Etch-a-Sketch to describe the gang bully attack he led against a lower classman in prepschool. In true pathological-liar fashion, Mittens denies any recall of what he did, but unsurprisingly everybody else who...

IMO it never pays to look below your trading time frame; it sometimes pays to look higher.

One thing I noticed is that noise can at least sometimes be defined objectively as well as subjectively. For example, a trend trader might consider anything that is not trend to be noise, BUT there is a definition of noise that accounts for both trend and counter-trend. IOW even if you only...

I did look, seriously. Your link doesn't illustrate any profits extracted from a random series.

The Butterfly Effect is a complete crock. Invented by some mathematician with no sense of the physical world. Show me the butterfly that can affect the weather by flapping its wings and I'll show you Mothra. :D

Seeing is believing. I have to see significant profits being derived from a randomly generated series before I believe it.

Good grief! Why would I say something braindead like that? First of all, contrary to naive trader belief, a moving average is not an indicator; it is a crude lowpass filter, nothing more. A MA crossover might be an indicator (a signal) for those amenable to low-grade trend-following but...

According to wikipedia: "Noise is an unwanted perturbation to a wanted signal." That definition works for me. People who say noise is nothing or noise is everything are talking nonsense IMO. The word has a long-standing meaning, so stop perverting it for your own narrow ends. Price =...

In a word, yes. You should know upfront that at least 99% of published TA is garbage. There's an easy way to tell this for yourself: almost none of the TA books have any performance stats. If those methods were really any good, the authors would be publishing their stats to encourage you to...

Precision. I can measure trend to a degree that the eyeball crowd can only dream about. :D I have no idea what "upward prints" are, but trend always depends on the time frame you're measuring it in. So what? That happens to be the same time frame I'm trading in, so there's hardly any...

Mine indicates trend. :cool:

Strongly disagree. Most methods fail all the time, because they are geared towards only a certain type of market. Trend-following methods fail bigtime when the market turns choppy. RTM methods fail bigtime when the market turns trendy. To say it's all the trader's fault is very...

You've answered your own question. EOD data is available for free from Yahoo. I'm unaware of the error issues that zgtrader mentioned, fwiw. I've used Yahoo data in the past for backtesting and had no noticeable problems.

I wish punters would just trade the market and stop making lame-ass predictions. If you know what you're doing, just be happy with all the money you're making. And if you don't know what you're doing (a typical predictor), just STFU already. :mad:

What makes you assume I don't understand what I backtest? And I'm sure I'm not the only trader who understands what he backtests. Exactly.

Fear is a consequence of uncertainty. Uncertainty is the result of not trusting your trading system. Not trusting your trading system is the result of not having adequately proven your trading system through extensive backtesting. Not having adequately proven your trading system though...

No. It is a total bullshit urban legend that anybody can deduce a trading strategy just from looking at entries and exits -- unless the strat is something really simple-minded like channel breakouts.. Anything they can mock up from just entry/exit info will quickly diverge from the real thing...