Why would I want to do that since you've already started making cracks? It's not worth the hassle. If you want to know how I pyramid, look it up.
Db you are truly cheating ET and the readers of this thread of your knowledge. I am sorry and we are the losers (you and I) Michael B.
Well, I am sorry to hear about your conflict with the administrator of this site, but hey you are still here. This bold statement you are making shows me the confidence that you have on the varioius ways to pyramid. I think there is a wide spectrum of interpretation that would make backtesting impossible for all scenario's Michael B.
We have a staff scientist in our company that was assigned to this task. He used quite sophisticated tools and spent about half a year testing diff. pyramiding strategies. We needed it for our own fund. His recommendations were: 1. Do not pyramid 2. Do not average.
I saw your deleted post db...I simply was telling you about my habits. Haven't you and I previously discussed this? I thought you became frustrated and had to delete your post after my edit. At our age it is sometimes difficult to remember at times... Michael B.
Success with pyramiding is conditional on the entry system Saying that pyramiding doesn't work without defining the entry system against which the pyramiding was tested doesn't seem to be a sound proposition, logically speaking
Without revealing what was shared with me in a PM, as I have no right to claim these are my thoughts. BUT.... trend must be identified in stages...I knew this. But it has been shared with me that it is a tradable valid methodology to use different methods for different stages (the chameleon comment). Now lets not talk too much about Elliot Waves...but I see a connection. Michael B.