Socrates Examines Technical Strategy

Quote from Trader666:

LOL there's Jack's old "do the work" mantra again... as if following his "guidance" is "the work."

Audio file of Jack saying it at the link.

Notice where he says "you have to go out on your roof and paint." Vintage Jack!

http://www.mediafire.com/?dmgn3jjnnjl
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Neoxx did the work, lost thousands of dollars and now he's on the paper trader trail to nowhere ...

ScottD did the work, built an ATS based specifically on Jack Hershey's over-optimized indicator settings (after a soft pitch lob from ScottD where he supposedly determined price action based on indicators and volume) ... and proceed to lose close to a thousand dollars (then ScottD had an accident and had to discontinue trading the ATS) ...

Looks to me when Jack says "do the work" you should "run in the other direction"! :p :D
 
Quote from Trader666:

Excellent advice and coming from Socrates gives it even more weight.

Happy new year to you and the rest of the B Team detractors.
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You too T666, you too.

It's been a great year ... at least now we know what doesn't work! :D
 
Quote from Trader666:

I don't know if ScottD fixed it but I pointed out to him several times that he was taking signals at the close of bars, the closing prices of which were used for the signals which doesn't work on this planet.
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... I think my advice of running in the other direction was better. :)
 
Quote from Trader666:

I don't know if ScottD fixed it but I pointed out to him several times that he was taking signals at the close of bars, the closing prices of which were used for the signals which doesn't work on this planet.
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Have you heard of IOG?
It is a 4 yr old trading technology.
 
Quote from Tums:

Have you heard of IOG?
It is a 4 yr old trading technology.
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No we haven't, thanks for giving us the information Tums ... but the system still is a net loser.

LOL :D

Happy New Years! :p
 
Quote from Tums:

Have you heard of IOG?
It is a 4 yr old trading technology.
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What was that system called again?

Cash Machine?

Money Machine?

Something like that ... well, lets wish everyone a prosperous New Year, eh? :D
 
Quote from MandelbrotSet:
No we haven't, thanks for giving us the information Tums ... but the system still is a net loser.
LOL :D
Happy New Years! :p
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ScottD 's thread is still WIP.

I have taken his code, did a little tweak and modification... here's the ESZ8 backtest result. (1 contract)
 

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Quote from Tums:

ScottD 's thread is still WIP.
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No doubt, no doubt.

Quote from Tums:

I have taken his code, did a little tweak and modification... here's the ESZ8 backtest result. (1 contract)
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Yeah, yeah ... I wouldn't rely on that backtest too much if I were ScottD ... :p
 
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