Hi all
I have been looking at the tutorial with adviseLong and adviseShort. It kind of feels like cheating or a short cut. But then again, like all trading, it is not exactly a slam dunk. I have one observation and some discussion questions.
The example in the tutorial uses EURUSD. Excluding the dow != FRIDAY filter, the basic and generic version demonstrates a edge. I tried to see if this edge is demonstrated in the other symbols. I realistically found this edge only in one other symbol (although I did have some incomplete data issues.)
1. There is a rule of thumb, possible unhelpful, that resonates in my head. It suggests a system or edge should be demonstrated on several symbols to be considered tradable. Suppose I only get this thing to work on two symbols. Should I consider this to be reliable and robust?
2. There are several methods that can be applied in the advise functions. Suppose I get one or two symbols for each method that demonstrate a tradable edge. Would this give you enough confidence?
3. What if I played with all the advise methods and found that they all work only on EURUSD? Do I only trade EURUSD? Do I trade EURUSD with all the methods at once?
These are all kind of the same question...how many demonstrations of an edge is enough to bring confidence? No matter what your answers, I am not going to through money at this thing tomorrow. Just want some opinions.
