Tutorial Step - Is There Room For Nuance?
- Is your testing criteria rock-solid? If you trust the testing criteria and are confident the prediction must be fulfilled for the idea to be worth it, then you should probably stick to the hard numbers.
- Is your testing criteria more like a guideline or first assessment? In our case, I may openly confess that the testing criteria proposed is rather arbitrary, and doesn't hold water if questioned. I chose a simple criteria to make a point and facilitate the explanations, but I wouldn't defend it in a court of my peers! If you see the testing criteria as a first assessment only, then there should probably be room for a more nuanced analysis.
Testing a Trading Idea - The Other Stages — TOC
You just did step 59 in the tutorial.
1. Testing a Trading Idea - The Other Stages Tutorial
2. Tutorial - The Other Stages
3. Tutorial Step - Taking a Position
4. Tutorial Step - Initial Targets....
5. Tutorial Step - Look Around!
6. Tutorial Step - The Target Rate
7. Tutorial Step - How Do We Go About It?
8. Tutorial Step - The Target Size
9. Tutorial Step - The Whole Balance?
10. Tutorial Step - Initial Balance vs. Balance
11. Tutorial Step - It's The Balance!
12. Tutorial Step - There It Is!
13. Tutorial Step - Copy The Node's Path!
14. Tutorial Step - Circling Back!
15. Tutorial Step - Time to Talk Execution!
16. Tutorial Step - Let's Do Some Reading!
17. Tutorial Step - Execution Algorithm
18. Tutorial Step - Market Sell Orders
19. Tutorial Step - 100% of 100% = ?
20. Tutorial Step - Create Order Event
21. Tutorial Step - Simulated Exchange Events
22. Tutorial Step - Close Stage Event
23. Tutorial Step - Back to the Order
24. Tutorial Step - Here's The Thing!
25. Tutorial Step - It's All About References!
26. Tutorial Step - The Tricks of the Trade
27. Tutorial Step - Position Management
29. Tutorial Step - Managed Stop Loss
30. Tutorial Step - Entry Target Rate
31. Tutorial Step - Managed Take Profit
32. Tutorial Step - Closing a Position
33. Tutorial Step - Initial Targets
34. Tutorial Step - How to Find Stuff
35. Tutorial Step - And the Winner Is...
36. Tutorial Step - Target Size in Quoted Asset
37. Tutorial Step - Market Buy Order
38. Tutorial Step - This is it!
39. Tutorial Step - We're almost done!
40. Tutorial Step - First Backtest!
41. Tutorial Step - Ready to Rock....?
42. Tutorial Step - Trading Systems Position
43. Tutorial Step - The First Position
44. Tutorial Step - Chronology of a Position
45. Tutorial Step - Manage and Close
46. Tutorial Step - Time Frame Matters!
48. Tutorial Step - Confusing?
50. Tutorial Step - Actual Size
51. Tutorial Step - Size Placed
52. Tutorial Step - Order Management
53. Tutorial Step - Back to the Position!
54. Tutorial Step - The Key Moment
55. Tutorial Step - March 18th
56. Tutorial Step - March 28th - April 1st
57. Tutorial Step - Sep 5th - Sep 14th
58. Tutorial Step - The Prediction Game
59. Tutorial Step - Is There Room For Nuance?
60. Tutorial Step - What is the Nuance?