great, then you can be the one to sign up for the challenge above (timertrac, collective2, strategyrunner, etc.). Pick your auditing site and get ready to prove us wrong... Unfortunately, people backing TA disappear when actually challenged to furnish proof.
After trading costs are factored in, some of these studies were found to no longer be profitable. Other "positive" studies have been found to have "data snooping" flaws.
I am willing to put my strat up on collective2 for 6 months. What is in it for me when I prove that price action alone can be used to make money over that period? After all, 6 months of work is 6 months of work. Even if only a few minutes a day. I am serious.
If it "works" you will probably be able to make quite a bit of money from potential subscribers. God knows, there are very few systems on that or any other auditing site that obviously work. And quite a few have of them are self-stated to be be based on TA.
see now that would take work on my part and i dont like to work. i like to do deals and make money - the trading is boring to me. i just like to spend the money and figure out how to make money without working for it. which i have done now i am into the investment phase of my life. thinking about my kids and grand-kids future all that. so while i would like nothing more than to kick some doubting arse - i have no time for it. mb
I have one running there right now that has made money for 4 months in a row. Not one subscriber willing to pay me 200 a month to stay on the right side of the market. Jul Aug Sep Oct Nov +1.6% +2.1% +1.9% +2.5% Trades 112 # Profitable 64 (57.1%) Avg trade duration 1.6 days Annual return (compounded) 35.5% Average win $726 Average loss $531 Profit factor 1.8:1 Max peak-to-valley drawdown (historical) 8.81% drawdown period Sept 03, 2009 to Sept 29, 2009 Correlation w/ S&P -0.265 Sharpe ratio 1.396 C2 Realism Factor 80% Probabilities of future account loss Chance of 10% account loss 2.5% Chance of 20% account loss 0.0% Chance of 30% account loss 0.0% Try again..what is in it for me?
Must be nice to be able to make up definitions to fit your paradigm. where I come from, definitions are what they are, not what you think they are. from the lambo buying gambling grandfather, to the definition changing true believers, you people are just another pawn in the game or living in fantasy world