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I have been focused on the book Quantitative Trading Strategies. It seems like the best book I have, detailing a lot of basic strategies, and some special strategies of the author. The charts of performance are impressive.
Unfortunately, I'm finding the results from the book to be very difficult to replicate. You can see my comments on the simplest strategy Channel Breakout Strategy Including Shares According To Volatility. Hopefully, I can eventually confirm broad brush profitability, or number of years profitable out of 10. It's very disappointing to find that I can't really trust the numbers in the book and will probably have to spend a lot more time re-evaluating the strategies than I had planned.
Still, I guess it is a good exercise to debunk these trading books. I am still amazed at what a lie, or at least a good job of not stating all the facts, was done with the book Book Notes - Contrarian Ripple Trading. And my losses from over-optimizing RSI lengths for the RSI strategy in Book Notes - Building Winning Trading Systems With Tradestation - Wiley was also a good lesson in the evils of optimization.
For the upcoming Online Trading Academy course I'll be taking, at least I should be better prepared to back test their suggested strategies. I've already found that the basic TRIN and TICK levels advised when used as trade filters weren't enough to improve the channel breakout strategy. Of course testing other things the course recommends could be more difficult, since having a computer recognize technical analysis patterns on a graph is not childs play, it is certainly more difficult than candlesticks. Perhaps the next book I should focus on is Book Notes - Money-Making Candlestick Patterns.
What doesn't kill our trading account hopefully makes us smarter traders....