When Old CootHoots speaks, out come the Old Cahoots. The assurdity of Sharpe is this. I can pile conditioned probabilities ceiling high, take the trade of a lifetime for ten seconds for $20, and have an infinite Sharpe based on one trade. The true issues in trading are large sample expectancy, expectancy stationarity in the long haul, and scalability. I couldn't give a shit less what Sharpe is. And Jack has more serious assertions to be questionned on than that.
Hi Hyp: Good to see you posting. I related how Worden's staff did the 60 plus Sharpe using the NAZ100 for a year. A person from sunnyvale did a trading series for only 6 months but he did use a good universe and did an average hold of 6.6 days and made 11.1% a turn. There is still some information missing in these examples. During the beginning of my trading (1957) I had 1 out of 8 trades not go to completion because the one trade was an FBO. at some point I began to do X over trades on stocks as a time compressor. It would be like using 3 phase 400cycle ac power and rectifying it to get a fairly smooth DC power source. Obviously if you could you would add an RLC network to polish off the job to the extent you wished. this would be a better dc Sharpe ratio dc. In the chart I posted I showed how most beginneg stat users do backtesting on samples with timeouts for exits. That is what T666 did with a non selective anything goes non universe over five years. we all saw that he did 24K trades and the lots averaged a 19 dollar loss. he was losing 500k and he took five years and lost an average of 19 bucks for each of his timeouts. He didn't even get to the sweetspot for time outs and he didn't even know that. Bow wow hasn't understood T666's screwup in any way. So there is a lot of humor on ET. There is a guy testing RSI (7,1) and using a timeout. Are we supposed to just laugh or should we do some educating? I posted a couple of posts on level 2. I have just gotten into the ball park so to speak on what used to be called "tape reading". There are 9 aspects of doing the warmup for learning to read the tape flawlessly. So why watch it since it can easily be coded and you get a sharpe ratio never seen on level 2. Should I drop down to the tick level and show how to carve turns to the tick while tape reading the level 2? How much of the offer does a person have to take daily? Since I problem solve and an dealing with a major world problem, I have tobe effective and efficient to get up to speed to solve the problem of PTSD. The military has decided to drop the D ..... lol But look at the larger non military part of the problem. Anyway.... want to flesh out more of the opportunity?
Body weight/height is an old Met Life thing for insurance data purposes. Here is the problem with BMI if you are athletic... "One variable BMI fails to consider is lean body mass. It is possible for a healthy, muscular individual with very low body fat to be classified obese using the BMI formula. If you are a trained athlete, your weight based on your measured percent body fat would be a better indicator of what you should weigh." also info here http://www.thirdplanetfood.com/weight.htm http://www.halls.md/ideal-weight/met.htm ---------------------------------------------------------------------------------------- BMI is still valuable for quick assessment of those who are not carrying a large amount of lean mass Very good numbers for you jh @ 22 I personally come in overweight on the BMI scale although I have an athletic build Tall and lean.
By all means do dig down deep. I miss the old Jack where trading was simple and without the last several years of overlays. Back then I found something useful once every few years. The concept of pace stuck, in an adaptation to four levels of pace on a one-minute chart. Very handy for knowing when to walk away or post on ET, and when to get serious. And all the time I wasted on codes chasing the will'o'thewisp of DJX leading SPX was put to good use on fast correlation analyses of related instruments. But our big difference remains that I am a simple Mendelian empiricist and you are a grand Aristotelian theoretician.
Putting on some height was my initial challenge. I sledge-hammered my ankles then knees and hips. Next I am going to do the tp of my head to get it to be more pointed.
Or that you don't need to ever make any live calls except to lose in the only competition you've ever competed in?