This can be quantified and automated without looking at a chart. A positive expectancy would be dependent on how creative you are with the math,...
Yes. Subjectively assigning probability to things like triangles, double/triple/V bottoms, head and shoulders, euphoria/capitulation is a dead end.
Pretty much. It's live or die by the numbers. You're either a good handicapper, or not.
If you can mine, manage, and analyze the data properly within a strict framework, you can navigate through the noise once the stats look convincing.
It usually isn't. That's why most conventional approaches fail. You need to have a handle on direction at first sign of signal strength, before...
Most short-term black box systems don't hold up without added layers of complexity. I run gray boxes with a few inputs. They all started out as...
Great topic. Charts are useful within a rule based, statistical/data driven approach, as it allows us to visualize data. What you do with that...
I lost my fascination with ET within a few days. There is a handful of knowledgeable/self-sponsored traders in here, but the ET majority is just...
For non-HFT operations, I agree 100%. Weekly consistency is a pipe dream outside of that, retail or not.
Correct, but trade management makes or breaks a strategy. Without it, the above become useless. I personally don't use any of that stuff.
Maybe English is his second language.
Mtrader If you implement any type of mathematical measurability (simple or advanced) in your analysis, than i'd assume your using a quantitative...
Sounds pretty solid. A realistic backtesting/execution engine is hard to integrate with multivariate analysis tools (like R for example). Keep...
I've posted this before a few times, but here we go again: You need an edge with a defined positive expectancy, PERIOD. No ifs, ands, and buts....
Nooby Did you get anywhere near pay dirt with this venture? I was really rooting for you :)
Clueless no doubt. He should change his forum name to HalfDeck.
I've never been able to structure a viable trading model around perceived overbought/oversold indications regardless of the tool. Same goes for...
Or stops too close
That's where the rubber meets the road. Even if the positions are sized right, it can be death by a thousand cuts.
Agree here. Unless you can statistically prove to yourself otherwise, you're in the dark, and best just to let the market run. Stop adjustments...
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