http://www.elitetrader.com/vb/showthread.php?s=&postid=1115411&#post1115411Quote from Spydertrader:
To perform a proper back test on this method (and it can be done) you need to test the stocks that conform to all the parameters used to qualify the stock, and then you perform that test for that stock within that time frame in which it qualifies. Testing beyond the time a stock finds itself within a Universe of Stocks that were, are or will be traded provides meaningless results. Nobody is going to trade an unqualified stock. You repeat the process for every stock you wish to test.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1978951#post1978951Quote from Spydertrader:
The Price Volume Relationship works in any market, on any time frame - provided sufficient liquidity exists. PVT refers to a specific methodology which uses the Price Volume Relationship to trade equities which match certain fundamental parameters. Since ETF's do not meet threshold with respect to these fundamental parameters, by definition ETF's cannot work with PVT. Only stocks which match (or exceed) the fundamental criteria can be traded using PVT. However, one can trade ETF's using the Price-Volume relationship.
Quote from jack hershey:
ssooo funny.
Quote from Trader666:
So are the contradictions that you and your star pupil, Spydertrader, churn out for us![]()
Two examples:
Example 1:
Here Spydertrader says stocks must be screened before testing the scoring cycle of your price, volume relationship model:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1115411&#post1115411
But here he says the opposite... that trading using the price, volume relationship does NOT require screening.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1978951#post1978951
Please show me where in your paper (attached) you require screening or testing only a "universe" of stocks that meet fundamental parameters... please show me where in your paper you mention PVT... on the other hand, you talk about the price, volume relationship throughout the paper. Could it be that you just don't like this equity curve? http://www.elitetrader.com/vb/attachment.php?s=&postid=1115365
Once again, white is black and black is white![]()
Example 2:
Here's another classic, where I address Spydertrader's red herring about the code I used for the test:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1979868#post1979868
ssooo funny.
Quote from jack hershey:
There is some miswiring going on here.
If you wish I'll explain it to you. Just remember that if you give me permission, you and your buddy are going to become examples of what it is like to be like what the two of you have wound up becoming.
My recommendation to you is to think about it for a few days.
If you want it explained to you, I'll do it in spades and it is not going to be a very pleasant read for you, your buddy or anyone similarly aflicted.
The up side of the explanation is that many others will be able to profit from understanding the consequences of how decisions are made with regard to how a person can capitalize on the opportunity of building the mind and just what is going on at every fork in the road of deciding just how to go about building the mind.
Oh my. Oh my my. This is rather embarrassing...
Quote from Trader666:
Let me guess... you want to project your own inadequacies on me by making me the focus of a rant about how people can reach a point of no return through the incessant learning of repeated failure. Is that correct? If so, no thanks, you've falsely maligned me more than enough already.
Why don't we do something constructive instead like publicly debate each other on the price, volume relationship and have the ET community vote on the winner? I have a model that doesn't need training wheels (a pre-screened "universe") and I can present it simply and clearly enough for anyone to verify. In other words, I don't need to hide behind unnecessary complexity and nebulosity to prevent people from analyzing it.
Or maybe we could analyze "Catch Up With Tomorrow's Paper Today." As long as we don't pretend it contains things that aren't really in it...