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Old 01-22-2008, 02:15 PM
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zupcon zupcon is offline
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Quote:
Originally Posted by oilfxpro View Post
Zupcon

In you world a conman selling and making a living would be acceptable.You would rather have a village witchdoctor selling medicine which results in villagers dying from the medicine and villages getting extinct.The crooked witchdoctor should make a living by deceiving people.

Equally you would rather see scammers selling snake oil and making a living ,by deceitful marketing and thieving

Thats your world not mine

OILFXPRO
Well of course outright theft isn't acceptable. The problem comes down to marketing, anyone selling a product will always want to show the product in its best possible light, and there'll always be some discrepancy between whats promised, and whats delivered.

The line gets crossed when people deliberately set out to deceive, altering statements, over optimization of back tests etc, that clearly is not acceptable.

I've never sold an EA, and I probably never will, but I have been in the position where an EA performs well in back and forward tests (and at times simply due to good luck rather than sound design) only to fail in the longer term.

If I chose to sell that EA, on the basis of perfectly valid back and forward tests, in the real belief that the EA was a sound strategy, would that make me a con man ?
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