Trendfollowers: When oh when are we going to start making some $$$?

Actually, no, this post is excellent, it's exactly WRONG. Backwards.

It be easily demonstrated even with Excel (maybe even BoWo could try instead of making useless sheets that show how he can pyramid his system) that longer-term (weekly - monthly) returns are significantly less leptokurtic than shorter term returns. Intraday returns have much more "abnormal" distributions and also show significantly more instances of being non-random. Lastly, leptokurtosis is absolutely NOT associated with trending behavior.

This is the problem when people don't do the work, don't understand the math (which is not difficult), and just parrot stuff they have heard elsewhere.




Quote from SarahNGuyen:

little reminder (back to initial topic - didn't read the entiiiire thread), intraday trends are actually very (very) close to random when it comes to data distribution.

Weekly and longer timeframes display "abnormal" distribution (leptokurtosis), clearly showing trends.

And yes, those (long term) trends can be used to make money.
 
Quote from WinstonTJ:

If you have somthing that is able to be automated I'll program it for you and offer you a profit split - for zero capital deposited.

Manual traders need not apply.


Ok Prof chef logic. Here is a guy voluntarily gonna program you for free. What are you waiting for?
 
Quote from ProfLogic:

I already have it programmed.

You should email it to Dr kingy and surfer then. Last you said it was on 50 discs and had to be mailed. What could possibly use so much space. It's not 1988 anylonger chef.

You can't go wrong. This guy will do it for free. Time to stop pretending.


Here is another idea. Just video it working and post on YouTube. But of course you really don't have it. And if you do it just some kinda chart painter program from 1988.
 
Quote from Nastyrabbit:

YoushouldemailittoDrkingyandsurferthen.Lastyousaiditwason50discsandhadtobemailed.Whatcouldpossiblyusesomuchspace.It'snot1988anylongerchef.Youcan'tgowrong.Thisguywilldoitforfree.Timetostoppretending.Hereisanotheridea.JustvideoitworkingandpostonYouTube.Butofcourseyoureallydon'thaveit.Andifyoudoitjustsomekindachartpainterprogramfrom1988.

Verbal masturbation from a intellectual eunuch.
 
Quote from ProfLogic:

Verbal masturbation from a intellectual eunuch.

09-18-10 07:59 PM

Quote from ProfLogic:

I already have it programmed.


You should email it to Dr kingy and surfer then. Last you said it was on 50 discs and had to be mailed. What could possibly use so much space. It's not 1988 anylonger chef.

You can't go wrong. This guy will do it for free. Time to stop pretending.


Here is another idea. Just video it working and post on YouTube. But of course you really don't have it. And if you do it just some kinda chart painter program from 1988.
 
Quote from ProfLogic:

I am!:D

We'll be here for awhile, so become enlightened through videodical intellectualism.

<object width="480" height="385"><param name="movie" value="http://www.youtube.com/p/08EF19FC8C3D9F13?hl=en_US&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/p/08EF19FC8C3D9F13?hl=en_US&fs=1" type="application/x-shockwave-flash" width="480" height="385" allowscriptaccess="always" allowfullscreen="true"></embed></object>

After that, have a look at the next playlist to decide if Financial Science is a valid academic description of what produces the wonderful equity curve in the chart below through an Artifically Intelligent Genetically Optimized Futures Trading Strategy using a 0.05 Mutuation Factor.

I'm considering sharing the logic that could enable a translation of the code into backtestable strategy software, but that would ruin the fun to see if there is anybody getting the same results.

Most likely, I will keep failing to hear nothing but crickets.

<object width="480" height="385"><param name="movie" value="http://www.youtube.com/p/4B54BE9AAA7B0909?hl=en_US&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/p/4B54BE9AAA7B0909?hl=en_US&fs=1" type="application/x-shockwave-flash" width="480" height="385" allowscriptaccess="always" allowfullscreen="true"></embed></object>
 

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