Start slowly. Use the one pager for PVT. It takes about 15 minutes to run a year long test. To exactly duplicate a past test by Worden Bros staff at TradersExpo, use their drag and drop (Bloxs) to get the logic. Then use a Universe that is available to you like a performance level Universe. Worden used the NAZ 100. They repeated the test since the results exceeded any test they had ever run. They calc'ed the usual stats as well. Sharpe was over 60. Anyone can use the rules and a Universe. Notice the rules are on the one pager and the criteria for the Universe is stated in the thread that posted trades in advance and then the results for over a year in ET. Also you can duplicate the failure Trader666 did. He screwed up in several ways as I noted in my critique of his testing failure. Also or even, his test had no statisitical significance it turned out. I do not think he knew this nor does anyone else who posts his faulty chart. I have invented several trading applications of various paradigms. With regard to all the the above, blowinsky has not done any work so related. He has examined only the first (beginner level of an approach coded as Cash Cow where I presented some of the intial logic. subsequent levels of Cash Cow were not made public. They are documenteed in a combo of text, charts, logic flow sheets and Excel logic flow sheets. Blowinsky has seen none of this work. The Cash Cow was an exercise that we enjoyed doing and it was done to simply create an ATS that used indicators as inputs. All the indicators were customized by using synchronistic defaults for the fractals traded. In Wikipedia I was creditied with revising the MACD and other indicators to the modern world of the PC. Pring, for example, adopted them four years later. For humor and character assassination reflection, there once appeared on ET a system that didn't work. It had the out of date MACD and used the wrong signal generation. Also the MACD was offset in time artificially. I made a serious mistake in relating to its creator in order to offer suggestions. The person never recovered from what he assigned as the weight of my suggestions (which he deemed criticisms for his own reasons (youth, ignorance, etc, etc...)). I did not make public my suggestions since I felt they might be misinterpreted. Indeed they were. So in summary, you are not going to be sucessful in trading or creating ATS of various market trading approaches. You will also be unable to create tooling in the form of snippets that increase the degrees of freedom for market analysis. The reason for this limitation(s) you have permanently incurred, have to do with the beliefs you have decided, irreversably, to adopt. Such adoptions have occurred sans reasoning through their potential damaging consequences. There are two aspects of the mind involved here. One is that the mind does not have an "eraser" function. The second, is that the mind ignores the negative in communicated information. Walk carefully on the ice gives you one picture. Don't fall down on the ice gives you another picture. For trading, your beliefs cannot work to form rational systems of though any longer. Too bad for you. A lot of this thread deals with Q and A an SCT, an application of PEP. Seamless Continuous Trading replaces the CW mind orientation of the financial industry. Related to markets, what I have designed and have as system is like a foreign language to CW financial industry followers. therefore, it is not likely nor probably possible for a person who has no mind development or mind building from doing work in SCT or PEP to be able to understand anything I espouse. Covel is a prize example of this impenatrable wall he encountered as a consequence of his faulty belief system. Many people attribute my building the walls. What, in fact, is true is that the walls are carried by those who fail to process my communications. Thus, I get a benefit, that is unearned or at least not costly. It can be very costly to a person whose mind has been closed for that person to pursue learning about anything he is no longer capable of entertaining. The standard for accomplishment is the market's offer. All things are measured against this performance level. The term "unbelievable" is one that is used by people who use their personal standard instead of the market's standard. So those people have simply built an artificial and permanent barrier that keeps them out of the potential place of learning how to trade by learning how markets work. You are one of those people who is denied the opportunity to walk through the open door.
I actually understood your comments, and I did not detect any passive-aggression. So for taking time to articulate your thoughts, thank you. I would say that I do try to keep an open mind - though as Janet Tavakoli once said - "Not so open that your brains fall out."
One of the things that is interesting is if you add little fun acronyms to make things clearer in your mind you can remember them better http://imageshack.us/photo/my-images/824/dgsu.png/
Nonsense. http://www.elitetrader.com/vb/showthread.php?s=&postid=2473857&#post2473857 http://www.elitetrader.com/vb/showthread.php?s=&postid=2717619&#post2717619
Continuing the series, here's a YM chart(which Lucrum knows is a leading indicator of ES) showing accumulation on its channeled fractal. The question becomes, "when does non-dominance become dominant?" This is a great example of showing before the fact What Must Come Next !