Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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Nov 21 4:00 PM EST

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To: jesso who wrote (8004)	6/4/2000 2:43:00 PM
From: Ken Adams	Read Replies (2) of 39683

jesso, and thread... Your mention of long term backtesting brought a smile to my face. WOW will only let you backtest on your entire history, a major shortcoming. Virtually none of the stocks I backtested this way made money. Most went broke in a year, or so, and the test just stopped. I'm talking about some of the more mature stocks. But, even the newer ones (around a year or so) did poorly in the backtest. Of course, all this proves is that this isn't a long term trading system we've developed here. It will probably work on any single stock for a few months, at best. That's why it's necessary to continue to develop the stable as it will evolve and be ever changing. Sure works well at the moment, doesn't it? Ken

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