Quote from elite34s:
Back testing is beneficial when one is trading several proven strategies, to work out the most appropriate allocation of funds per strategy.
Backtesting to see what trading results can be obtained from using a certain combination of TA Indicators, is about as much use as a condom with a pin hole in the center !
Voodoo is a ridiculous and silly tribal custom, and has no part in mastering the art of gambling.
Certain numbers are of great importance when the chosen market approaches these numbers, but that is all, it is what happens when this event unfolds that matters most !
Cycles are a load of rubbish !
Market Geometry is only understood by a very small minority, and if you think that the markets are random, then you are partially correct, but knowing the difference between random movement on a chart, and a systematic controlled movement, well, again, is only known, understood and used by, a very small minority of traders !
If you read my posts correctly, you will see that the clues I leave will make you think, and when you start to think about the hidden gems in the charts, you are well on your way to mastering the art of gambling !