STRATEGY OF THE WEEK; BACKTEST THEM FOR SEVERAL YEARS AND PUBLISH THAT ALSO, NOT JUST A SINGLE TIME.
Edward Popham commented
What about the recent Making Money with MTI videos. In my opinion they should have been tested in the period after the Flash Crash in May 2010 and after the NFLX crash in July 2011.
i.e. a place where the waves were in a wicked wedge and getting smaller.
Unfortunately the practice of the SOW being for a brief period in the market is misleading some people to go into the market before they have fully backtested the idea.
Ken Reso commented
Gerald... An individual can re-test the Strategy of the Week over longer time periods. However, I find it hard to believe that any one search/strategy works in all markets. It is the same reason why the Triathlon strategies did not do well, and the Nov 4 2011 SOTW conclusion that no one of these should be used going forward was correct. Multiple strategies are needed, much like a baseball team that has starters (March 2003, 2009), mid-relievers (2004-2005, 2010) and closers (2006-2007. ?).