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Re: JLS post# 13

Thursday, 01/14/2010 2:32:38 PM

Thursday, January 14, 2010 2:32:38 PM

Post# of 1398
I appreciate your skepticism, but unless I was asked about it directly, I don't think I ever promoted my website or system on Poker's board, and in fact assiduously tried to avoid that. If you have an example of a post in which you think I did that *unsolicited*, then I would like to see it.

My recent quotation of the system statisitics was only meant to show, in view of PS's EW claims, that *all* backtesting and/or what a system can do in hindsight has to be taken with a grain of salt (and that's $575.5B, not trillions). A "win" is simply a trade that closes for a profit, whether it be $1.00 or $1000.00. A better measure of profitability is an expected value of 1.01578 Long (which is the Long win rate x the average win + the Long loss rate x the average loss). The Short expected value is 1.01272.

However, you don't have to take my word for it. Send me an email at: tmgsignal@comcast.net and I'll send you an invitation for a tour.

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

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