why this board isn't healthy if you trade for a living

Quote from suma66:

blah blah blah... The only thing Trader666 is good at is posting and editing pictures of Jack. The only thing you are good at is sticking up for him because you two are best friends. Do you guys have sleep overs and tell Hershey jokes all night?

And no one can say shit about backtesting because as long as Eckhardt (Trader666's idol) says its good then that means its GOOD. According to Trader666 we shouldn't be having discussions on this site, we should only ask what would Eckhardt do.

LOL!
Yep, blah blah bah is right! :p

The minute jack hershey is shown to be a fool, in both theory and practice, who, but who comes running to his defense!

suma66 aka etc. :D :D :D
***
LOL, lets hear it for the multi-alias trolls ... all it takes is an email account and a dream! :)
 
Quote from suma66:

blah blah blah... The only thing Trader666 is good at is posting and editing pictures of Jack. The only thing you are good at is sticking up for him because you two are best friends. Do you guys have sleep overs and tell Hershey jokes all night?

And no one can say shit about backtesting because as long as Eckhardt (Trader666's idol) says its good then that means its GOOD. According to Trader666 we shouldn't be having discussions on this site, we should only ask what would Eckhardt do.

LOL!

It is called INSPIRATION-and Mr.E is like Homer-and Trader999 is Ion-it is like Socratres was talking about the pair of them.

As mentioned by some posters-this is the height of inexperience-and inexperienced children can only resort to one thing-silly statements and name calling-it is like the school playground all over again.

I will "spell" it out again-for those who have some difficulty in understanding-backtesting is a total waste of time-period.

Trade the here and now-forget about the past-let the dead be buried-do not look to far ahead as you are more than likely be fooled by the many foxes that dwell in the big trading forest.

The General
 
Quote from MandelbrotSet:

Yep, blah blah bah is right! :p

The minute jack hershey is shown to be a fool, in both theory and practice, who, but who comes running to his defense!

suma66 aka etc. :D :D :D
***
LOL, lets hear it for the multi-alias trolls ... all it takes is an email account and a dream! :)

You are an even bigger child than Trader999.

Why don't both of you stop sucking your thumbs and get your head out of your asses?

The General
 
Quote from The General:


I will "spell" it out again-for those who have some difficulty in understanding-backtesting is a total waste of time-period.



The General


Come on Major, you can't tell me you haven't tipped the missus over on a Saturday night and done a little backtesting of your own.. wink wink nudge nudge
 
Quote from Amangod:

Come on Major, you can't tell me you haven't tipped the missus over on a Saturday night and done a little backtesting of your own.. wink wink nudge nudge

Well-at least that type of backtesting might get you somewhere-or something-but the other type will get you nowhere-or nothing.

Enough of that vile animal behaviour instinct from you lot-keep your silly words where they are best kept-in your mouths.

This is "trading" website-in case you lot have not noticed?

The General
 
If the past is irrelevant as you claim, then so are charts. Checkmate idiot.

Quote from The General:
Quote from Trader666:

Not only are you ignorant about trading, you're stupid. Anyone who uses charts can't reasonably or intelligently dismiss backtesting. I'm sure this obvious truth is way over your head...
Of course they can-what another silly statement you make.

Backtesting is of no value-for several reasons-namely that it is not possible to predict the future based on past data.
 
Quote from The General:

You are an even bigger child than Trader999.

Why don't both of you stop sucking your thumbs and get your head out of your asses?

The General
And you're the biggest hershey stooge of all.

Why don't you get you head out of the sand by way of your ass and try to see the light?
 
Quote from The General:

This is "trading" website-in case you lot have not noticed?
LOL

This phrased being used in connnection with defending jack hershy by nothing less than (another) multi-alias troll.

Perfect :p
 
What you've described (curve fitting) is flawed backtesting. That's like saying hammers are worthless tools because driving screws with them doesn't work.

One can't use charts and also reasonably and intelligently dismiss backtesting because both use past data... only backtesting is more objective.

From the comments people have made it's clear they don't have even a basic understanding of backtesting. Not only do I KNOW for a fact that backtesting is a valid concept from my own experience, here's a quote from a world class trader on it... ignorant people will dismiss this as well but nobody who's ever posted on ET is even in the same league as William Eckhardt.

"I know of no way to validate conjectures concerning technical trading without back testing"
--William Eckhardt

Quote from Dackster:

What happens in the main is that learners try to curve fit mechanical systems into history, which isn't really capturing the true essence and spirit of the market.
 
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