Just how reliable is backtesting?

[d08]

Best bet is to get in and trade. Your losses are called tuition. If not able top turn a profit in 6 months, it's best to try your hand ta something else.

Absurd advice. Jump in without any clue of what to do and HOPE for the best. Incredible that someone could suggest something so ridiculous.

 

[Buy1Sell2]

There is no reference made to hoping.

 

[Buy1Sell2]

You'll never learn how to trade with any amount of backtesting.

 

[Buy1Sell2]

Only thing you need other than capital to start trading is Prudent Risk Management. Jumping in and trading whilst utilizing PRM is miles ahead of any amount of backtesting with regard to learning to trade successfully.

 

[kut2k2]

Absurd advice. Jump in without any clue of what to do and HOPE for the best. Incredibly that someone could suggest something so ridiculous.

And another thread is ruined with B1S2 BS.

 

[d08]

You'll never learn how to trade with any amount of backtesting.

Except I did and have been trading ever since (without blowing any accounts).

 

[Buy1Sell2]

And another thread is ruined with B1S2 BS.

It's wise to pay attention to what I expound.

 

[El OchoCinco]

You'll never learn how to trade with any amount of backtesting.

You will never do well telling other people what they never can and can't do...There are no absolutes in trading and this is why you come across the way you do.

 

[Buy1Sell2]

Except I did and have been trading ever since (without blowing any accounts).

You are measuring success as not blowing accounts?

 

[Buy1Sell2]

You will never do well telling other people what they never can and can't do...There are no absolutes in trading and this is why you come across the way you do.

Actually, there are absolutes in trading. This is one discipline that has no gray area.