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Strategies & Market Trends : Technical Analysis - Beginners

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To: Dave O. who wrote (9652)3/2/1999 10:43:00 PM
From: TA2K  Read Replies (4) of 12039
 
I appreciated your article on system testing.

Below is a question I posted over on the MetaStock thread. But it applies so much over here as well that I'd like to get some comments from those wishing to do so....

====================================

I'm wondering if you (and others) agree with the following proposition:

The ultimate objective in system testing is to find a 'generalizable' system that produces all wins and no losses, and that realizes the largest amount of profit with the fewest number of trades.

Such would only be an *ultimate* objective. Actual systems would fall short of that, but with the best systems moving closer.

This is my present understanding. Please set me straight where you care to.

Thanks,
Nicholas
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