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>OK....do the the math.....if he made 15% or >better on 49 trades......lets assume he lost >100% on the other 5 trades......Im going to >go out on a limb and say he has a pretty >good over return,,,true or false? I haven't followed this thread or this guy so my response only relates...

>perhaps ironic Must have skipped the "literally" part. JB

>people like you forget opportunities worldco gave >to people who would never have had a chance to >make big money on wall street If you read what you wrote there carefully and literally, it's pretty funny and a bit ironic. JB

>What prompted the adding of the trailing stop >abogdan was an AMGN long position on the >model I was running. Roxy, I know nothing about your knowledge in the area of system testing so don't take what I say here a patronizing. I just have to state a very basic principle for the record...

It's not a question of how you describe them abogdan - you describe them just fine. The problem for testing is that you add/change rules *after* the testing shows poor results and act incensed that one could possible question you in any challenging way regarding those poor results. Well...

Roxyman: >I am new in town, where was that post? Seems >to me abogdan is a member of the TA religion. I >have not seen posts on stock PE's from him. Read the following thread and other abogdan comments (though as you see he clarified his position later in this very thread)...

Ok, I have ceased to attempt to model this system since it's clear that all the rules haven't been stated. If you read the thread through you will see that rules keep being added. Coding and testing take time and redoing the code and rerunning the test every few posts in not what I want to do...

>Listen, "TA doesn't work" statement is probably a >wrong one because it reads something that I did >mean. I meant the TA indicators alone as mechanical >instructions would probably fail for anyone why >would try to implement them as is. If that is what you meant (and I will take you...

>Anybody can kill an argument by stating >absurdities and exaggerations. You mean like "TA doesn't work"? JB

I would ask the question on the WLD site forum. They are extremely responsive. JB

>How does it do if you cut off the number of reversals? The average number of flips I got for the last year is just under 5 per day and like you I was thinking of limiting it to no more than the average. I just have to modify my code when I get a bit of spare time and see how it works. I...

>From what I can tell looking at your posts you do >not understand the model at all. Ok, So I don't understand your model at all. On 9/19... A: where was your "upper limit" placed and where was your "bottom limit" placed? (Mine were within your prescribed "0.1% - 0.25%.") B...

>From what I can tell looking at your posts you do >not understand the model at all. Ok, fair enough. I'm quite convinced I do but we'll deal with that in the next post. >I understand that you oppose this technic, Unlike you, I don't oppose ANY technique that is profitably tradable...

>Your worse drawdown on the day like 9/19 is >around 1.2 - 2.5% Let's do just a bit of quick and dirty math on that day... (it'll be rough, but not that far off) 30+ flips Starting shares - 1000 Ending shares - 15,800 (based on 1.1 mulitplier) Shares traded - 161,185 Commissions...

I'm looking forward to more installments of your "journal" to keep us posted on your trading activities. I'm sure you will become a long contributing member to this wonderful forum. Thanks JB

>Please share with us your results. Yes please do. We all know what the best day holds for this model, it would be interesting for someone else to determine what happens on days such as the following...(all 2003) 3/11, 5/9, 7/10, 9/19, 9/29, 9/23, 10/14, 10/20, 10/21, 10/29 (the list...

>AIM is the most primitive messenger Perhaps, but I can tell you that the AOL "direct connection" feature that allows no size limit peer to peer file transfers sure kicks the heck out of Yahoo. I'm using that feature more and more to transfer files between remote trading buddies and it...

And I thought it was all just a guru spoof. Whoa...ya mean it's actually serious? Holy cow! JB

Absolutely not. Unless you have spent a lot of time with a level 2 display in a particular stock (enough time to get to know the market makers like family) there will be no significant benefit. JB

>Bollinger trades are supposed to be held until >the tag of the upper band, I believe. You might want to program that and backtest it on a few million candles. Might be surprised. JB