BE DO HAVE and Jack Hershey vs Objective Reality

[nkhoi]

Quote from Harold Balls:

Out at 12:08:21 at 140725. 25 lot for 7.75 pts. You guys can do math right. Man this is an awesome last 2 days!!

good tetimonial to close out the jounal

 

[makosgu]

Quote from Harold Balls:

Out at 12:08:21 at 140725. 25 lot for 7.75 pts. You guys can do math right. Man this is an awesome last 2 days!!

u da man...

 

[makosgu]

Quote from virgin:

After the facts is sooooooo easy, you have the balls to post some live calls ?

go to the chatroom. there are a bunch of guys in their many times...

 

[Harold Balls]

You jerkoffs are forgetting two very important things, 1) making the trade is far more important to me than alerting you all in realtime and 2) I dont give a rats ass about either one of you

 

[makosgu]

Quote from Trader666:

Anyone with a brain who reads those threads carefully will see that, when presented with valid backtest results that show Grobian Voodoo in an unfavorable light, you and your fellow cult buddies are masters of obfuscation who will say anything to cast doubt.

So your argument is that you favor your unfavorable results over our favaroble results? The majority of traders have unfavorable results. Nonetheless, this is the reason why people are people. Two people can read the same thing and one can get a favorable result and the other an unfavorable result. In top bracket BSchool class, some will get a P and some will get an F. In trading, most get and F. Pass/Fail, binary distribution. But unlike B-School, in trading the distribution is the opposite (ie. predominantly skewed to failure). The Pass vs Fail is attributable to the person, not the teacher... Here, we all have the same material. Some are passing, some are failing? Is this anybody's fault but their own?

 

[virgin]

Typical amateur attitude, posting and bragging about winning trades after the facts , I have learned a long time ago that real ,succesfull traders make relatively few posts, they are too busy with trading unlike Jack and Gang

 

[tradingbug]

Quote from virgin:

also -3 times the daily range ?!



Quote from gerry875:

SCT = Suckers Club Tucson

At least something positive comes out of this thread

Here is a post showing trades with daily totals ranging from 2-4 times the daily range.

If you find yourself reading ETLURKER's posts, you will realize and see that he attributes his stuff to Jacks writings.

He has objectively coded channels, prv vol, Volitity, etc... AND it backtests.

:eek: http://www.elitetrader.com/vb/showthread.php?s=&postid=825117#post825117

 

[Harold Balls]

Sorry but when I have 25 lot in an open position and its early on in that trade, I am 100% focused on that. Only after I got my confirmation and sat back knowing I was on the right side, did I post. Was it exactly in realtime...no...but I was still in the position when I posted. You can go on denying and finding excuses to make yourself feel better oh lonely virgin, thats your own problem.

End communication.....

Quote from virgin:

Typical amateur attitude, posting and bragging about winning trades after the facts , I have learned a long time ago that real ,succesfull traders make relatively few posts, they are too busy with trading unlike Jack and Gang

 

[virgin]

Where are the good times that elite was not polluted with posting addicts and quality came before quantity ....

just a consequence of getting too popular,I guess.

 

[makosgu]

Quote from Trader666:

Anyone with a brain who reads those threads carefully will see that, when presented with valid backtest results that show Grobian Voodoo in an unfavorable light, you and your fellow cult buddies are masters of obfuscation who will say anything to cast doubt.

Unfavorable means negative P&L as implied by your comment. I would conclude that positive P&L is favorable, but you state that that is fantasy??? Reality is another qualifier and the input can tweaked to produce less than fantastical results.

ok... so we get the prequalifier valid. Please clarify so that we may know how to do valid backtesting (ie. what does it mean for a backtest to be valid).