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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: Sean W. Smith who wrote (2992)2/9/1998 3:09:00 PM
From: Honest Abe  Read Replies (1) of 3325
 
Posting results force the person to define their system rigidly. Many systems described in this forum are so ambiguous it is hard to test historically exactly what the person is trying to describe. Also, I have historically tested many of the systems here, only to find they don't make money. Either

1) I am testing the system wrong because of ambiguity in its description.
2) I am simply using different markets that did not make money using that system.
3) The amount of true research into that system by the poster is minimal, and it really doesn't make money except for a couple charts that person originally looked at.

I realize that many people do not have a good way to test a system over a longer period of time.

I'm not really complaining, I enjoy all the posts.

I guess it's not really results I care so much about, I would like to see systems defined a little more rigidly in terms of variables or descriptions of patterns, etc.
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