Pat494 Legendary member Messages 14,614 Likes 1,588 Jul 5, 2017 #61 Just because something happening is unusual it doesn't mean it won't happen next time, whatever sample size.
Just because something happening is unusual it doesn't mean it won't happen next time, whatever sample size.
dbphoenix Guest Author Messages 6,954 Likes 1,266 Jul 5, 2017 #62 Don't Follow Me.... said: I'm not frustrated. Testing ideas might indicate that a particular idea could be profitable or is likely to fail. Both results are useful. Click to expand... If you're not frustrated after testing 5000+ setups and having yet to find a road to consistent profitability, kudos.
Don't Follow Me.... said: I'm not frustrated. Testing ideas might indicate that a particular idea could be profitable or is likely to fail. Both results are useful. Click to expand... If you're not frustrated after testing 5000+ setups and having yet to find a road to consistent profitability, kudos.
T tomorton Guest Author Messages 8,866 Likes 1,590 Jul 5, 2017 #63 dbphoenix said: Not necessarily. Depends on what the ideas are and how they're being tested. Without specifics, the statement reflects nothing more than frustration and has nothing to do with the viability of daytrading. Click to expand... Yes, in a sense. A back-test of 5,000 trades means nothing except a dedication to eliminating statistical anomalies. But a campaign of 5,000 trades is something only a day-trader could seriously contemplate.
dbphoenix said: Not necessarily. Depends on what the ideas are and how they're being tested. Without specifics, the statement reflects nothing more than frustration and has nothing to do with the viability of daytrading. Click to expand... Yes, in a sense. A back-test of 5,000 trades means nothing except a dedication to eliminating statistical anomalies. But a campaign of 5,000 trades is something only a day-trader could seriously contemplate.