How to research and verify trading ideas

[bwolinsky]

Quote from talontrading:

Which one? 930 or primary market open? It's not a "yes, it's designed to do that question." Which one?

Superbands, with Linear Regression Analysis does that. And the price is the opening tick no matter the exchange.

 

[talontrading]

No I didn't tell anyone to follow the system. i said here's an idea let's learn how to do a backtest of this idea.

Why do I need to present a backtest for that?

I think you're confused about what the purpose of the thread was. Again, it was to do a backtest and to discuss the issues that can arise and make backtests misleading. That kind of knowledge is what separates people like you from traders.

The goal, here and with trainees, is to teach people how to ask the questions and how to think. Not to provide a system.

Why does this require a backtest of the idea again?

Quote from bwolinsky:

You're naivete is not understandable. You come on here, with a system, tell everyone they need to follow it for a year, and <i>then wonder why we need proof before following it?</i>

<b>You're a dumbass if you think there is no need for a backtest in that situation.</b>

Do you seriously believe you don't need a backtest?

<i>We already know the answer. We don't according to you, but for every other trader out there, would need a backtest and complete tradeslist before considering putting any money in a brand new idea out of nowhere.

 

[talontrading]

Yes I think you don't trade.

50 pages in Word? All the good programmers I know write their code in Word.

ROFLMAO.

Quote from bwolinsky:

You're so full of shit if you think I don't trade. I don't trade till I have edge. My models are my edge, and it has benefited me greatly for years to be able to program algorithms. My current system is 50 pages long in word, and you think I don't trade?

And, yes, the answer was acceptable.

 

[bwolinsky]

Quote from talontrading:


The very first post of the thread by talon:

Not one person here will do this for a year. Hard to believe but I would be wililng to bet.

Now, if that doesn't smack of a solicitation, I don't know what does. This is particularly what got under my skin. If it wasn't your intention to have people follow your system, I really didn't get that with this final statement on your opening post, and proceeded to grill you about your system by obtaining a backtest to guage risk on.

 

[talontrading]

And which tick does Superbands execute on Beau?

Quote from bwolinsky:

Superbands, with Linear Regression Analysis does that. And the price is the opening tick no matter the exchange.

 

[bwolinsky]

Quote from talontrading:

And which tick does Superbands execute on Beau?

The opening tick. It is in Tradestation referred to as Intrabar order calculation, which, since you seem to think that it's not possible, tells me you've not really gone very far in programming.

 

[bwolinsky]

Quote from talontrading:

Yes I think you don't trade.

50 pages in Word? All the good programmers I know write their code in Word.

ROFLMAO.

That was word, to give you context only. It's thousands of lines in wealth lab.

Wealth Lab <i>is for sophisticated users.</i> Any mathematical function is in WL, so I don't know why you think you'd need anything else besides that. It also has statistical functions that I use a lot in my pairs models.

 

[[Proximo]]

Why do you guys engage this guy, he's sick in the head.

Put him on ignore and continue with the thread.

I usually don't do personal attacks but that is one fat mother fucker :-}

 

[talontrading]

Solicitation? I think you don't know what the word means... so apparently know you don't know what does.

Did you read the entire first post Beau? Because I think you focused in on one thing to the exclusion of everything else and fucked up the whole thread.

Congrats.

Quote from bwolinsky:

Now, if that doesn't smack of a solicitation, I don't know what does. This is particularly what got under my skin.

 

[bwolinsky]

Quote from talontrading:

Solicitation? I think you don't know what the word means... so apparently know you don't know what does.

Did you read the entire first post Beau? Because I think you focused in on one thing to the exclusion of everything else and fucked up the whole thread.

Congrats.

I didn't fuck up the thread, because you have some resemblance of a backtest, without me being here, would still have nothing, and I'd tell you that still.