Based on NY close of RTH for US futures.
No need to test the obvious but yes I have done a lot of tests a few years ago and I prefer to stay away from long and big patterns since the...
Most studies have shown that market has short memory in the order of a few days. I would not expect big patterns to carry signal, only noise. I...
Not at this time. When you will be able to learn more the edge will be gone forever.
HFT is the new technical analysis.
There is no tremendous edge. Any edge will go away when market makers decide so.
Geometric mean is not an unbiased estimator of future returns. It just computes final values accurately.
True. This is a very important paper on this subject. A must read.
Not even close. One major issue with backtesting results is not the number of parameters or curve-fitted vs. over-fitted but is related to how...
2/0.2 reward:risk = 10. Good luck with buy and hold.
Quant is also TA at another level, I am not saying higher or better. I also think that quant is much worse than good old TA. One of my math profs...
Amibroker is the best, by far.
Best strategy for most is buy and hold.
The most valuable book I have read after Market Wizards. Fooled By Technical analysis is a true gem. It offers step-by-step methodology for...
If you have to hit the car break hard your foot may hurt but you better do it. You are measuring the performance of the foot.
Your strategy is random trading. In reality you trade worse than random because some random traders make money - see this for example.
Quit trading yesterday.
TA is for suckers. Here it is best described as a method for pros to get suckers' money. Also reas Taleb's Fooled By Randomness for more improved...
The guy who introduced me to trading has been doing that for 40 years with success. He never talks about his edge but he does calculations with an...
Short speculators are gamblers and gamblers lose everything at some point. See this analysis that indicates a strong edge even if you hold just...
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