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Strategies & Market Trends : Befriend the Trend Trading
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: booters who wrote (8221)6/11/2000 5:42:00 PM
From: Ken Adams  Read Replies (1) of 39683
 
Boots,

I just got done chuckling at Sam's admonition about backtesting being a no-no. I don't think it's been reduced to that around here. It surely has it's place, but not at my place <g>.

Go back over the past week's entries here, you'll pick up on what we're collectively up to. Sam currently has some awesome capabilities to backtest. So does CatLady (I also have Metastock) and they both post results.

My idea of valid "backtesting" is the eyeball method. I'm a firm believer in the KISS approach. The "S'er" it is, the better I like it!

...and yes, we frequently hold overnight. Purists act only on the signals. That's pretty much what TC was doing with a great deal of success, as posted here.

Ken
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