Recent content by PeterF

I want to point out some more things about using these scatterplots. They are very useful things. (1) Right away you can see if your entries are meaningful by comparing the "smart" entry distribution to a random entry distribution. (2) I think of the plot area in three zones: the "cone of...

I wouldn't say the test trades show a better result. The way I see it, the distribution of test trades and backtested trades match so far. I was fortunate enough to get a couple of biggies in the test trades, right near the beginning of the test. Whatever. I don't think I can count on 300...

The first stage of learning is called "unconscious incompetence". A trader in this stage does not yet understand all the hard work that goes along with trading. What's worse is they may have scored a few big hits in these early stages without doing the work, which reinforces the idea that if...