Played
-
"Backtesting trading strategies does not work!"
Got your attention?
Maybe you agree with this statement.
Perhaps you strongly disagree and you're currently heading out to the backyard to grab your pitchfork.
Or maybe you're shaking your head thinking 'what the heck swanny, have you finally lost it man?'.
Well, the good news is I haven't lost it (yet). We're going to dive deeper into this statement in the podcast episode today.
But first, I'd like to introduce our guest - John Ehlers.
John is a friend of the show. He's been a guest multiple times, discussing topics such as cycles, indicators and digital signal processing. In our chat today we're going to tackle robustness and also intraday trading.
Some of the things you'll hear on the show today are:
The startling differences between intraday and daily timeframes and the critical factors you need to watch out for, Why it's more difficult to predict where market prices are going on an intraday basic compared to daily timeframe, and how you need to think about intraday data differently, We'll be digging deeper into this "Backtesting trading strategies does not work" statement to find out what it means, How to use a simple Genetic Optimization trick to determine the robustness of a strategy How Genetic Optimization can be used to identify suitable ranges for optimization parameters Why short walk forward periods could be better than longer, Plus a whole lot more.So lets jump over to my chat now with John Ehlers.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results. -
Welcome to Ledger Cast, hosted by me, Brian Krogsgard (@ledgerstatus on twitter), and Josh Olszewicz (@carpenoctom). Ledger Cast is a cryptocurrency trading and blockchain ecosystem podcast.
You can subscribe to new episodes of Ledger Cast on iTunes, on Google Play, on Stitcher, on YouTube and via RSS.
The information in this podcast should not be construed as investment advice, it is purely educational material and you should always do your own research before buying.
In this episode of Ledger Cast, Josh and I discuss the state of the bear market, how we're approaching trading both bitcoin and alt coins, and of course our take on what's ahead. Part of our discussion was around some of the coins that are outperforming the market -- either by consolidating around higher levels or even maintaining uptrends. They are few and far between.
We also discuss our upcoming live show in Washington DC for those of you interested. And in the middle of the show I take a moment to talk to Aaron Lammer of Coin Talk -- one of my absolute favorite podcasts in the space that I hope you'll check out.
Links from the show Josh's article on the Q2 Bearish Boogaloo. Josh's price action article, including his "too perfect" Wyckoff chart.Bloomberg article on all the dead crypto projects -- mostly ICOs. EOS tracker and the low number of transactions. AureliusBTC and his thread on CME volume contracts vs dollars.Find Josh and Brian elsewhere Josh's articles on Brave New Coin (must read material) Josh's YouTube channel (His Ichimoku series and Indicator series are especially great) Josh on Twitter @carpenoctom Brian on Twitter @ledgerstatusPartner: DeltaDelta is the app I personally use to track my bitcoin, altcoin, and even ICO investments — for multiple portfolios. It's available on desktop and mobile, supports 70+ exchanges, and is the best portfolio tracker there is. Get Delta For FreeDelta has an awesome new version of their app, which you can read about on their Medium. It's great, with new viewing options, and a portfolio sharing feature.
Music: "Oh, the chains" by Joel Madison Blount
