Replies to post #128 on S&P 500 Index (SP500)

[JLS]

TREND1, you wrote:

Sorry. But I do not plan to get into discussion
with you about these returns. Take these numbers or NOT.

OK. I will quit questioning your returns, but only if you provide enough detailed information about your model so anyone can run their own backtest, do their own simulations, and treat their returns in their own specific way. Otherwise, your site has no purpose. If you do this, you may get people to take interest and do their own simulations and modeling and eventually make valuable contributions.

You also wrote:

The important thing is...
Take these "ideas" and do your own trading.

I think this is impossible for most people who visit your site. To take your ideas, you have to explain them in terms that are easy for everyone to read and understand. I mean everyone, not just me. Short, cryptic remarks, and abbreviations that are not defined, don’t do that. Also, your charts ( http://tinyurl.com/35erkk ) are cluttered and impossible to read. It also doesn’t help that you point at a bar and say you bought or sold something there, as you didn’t specify the exact point on the bar. You haven’t explained in simple terms how you determine when to initiate a trade; you haven’t explained how the taking of additional positions is triggered; and you haven’t explained how you determine the trigger for taking profits. I have seen where you change the sell price when you add positions, but I have also seen where you don’t change the sell price. A computer model (of the type you write) wouldn’t do that, so I have to assume you preempted the model in those cases.

When you write down your ideas, you should understand that a great many traders do not have good English grammar skills (and their spelling is just as bad), for they may have come from another country and taken a crash course in English or are self-taught, so you have to write in simple terms. And I hope you take this as constructive advise, and not just criticism, that you need to work on your own grammar and spelling.

If you aren’t willing to do these things, then you might just as well shut down your site, as I think this is why you have few bookmarks. If you remain cryptic and share few specific details, while making extravagant claims about returns, then everyone doubts your credibility.