Sell a strategy

Quote from Bob111:


i can create tons of systems like yours, bet vanilla2 can produce them every hour)))))))))))
when you work on system at 3 things is a must be realistic-average PL at least 2% or more. if you come with one or less-forget about it. second thing-is holding period, and 3-number of open positions at same time. system MUST be realistic at list on paper.(how it will perform in real life is totally different story)
today IB did not let me into 5 short positions-they all will be closed at target. 11 total. if i bet $10000 on each position-my profit by the end will be around $5000. i did make almost half of it. still ok, but far from perfect and what my system will show me at end of the day..now-have to think-what i will get at losing strike..

that why i believe this book-

http://www.amazon.com/exec/obidos/t...f=sr_1_1/104-8524045-2167953?v=glance&s=books

is a crap,because average PL is less than 2-(guys from TS forum test it,results been on their forum)

so my final answer was -no. i bet no one will pay for something,that produce 1% per trade. too small.
i did place a WL report with another system i currently trade somewhere on forum-it make 2.5% per trade but holding period is only 1 day. that make sence, but i still not satisfied))))
with 1% average- one good gap will kick you profits away for many months.
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Very very interesting! :D
 
Quote from PoundTheRock:



I liked the book. If anyone wants to see crap, then they should check out your lame Web site.

Got any updates later than 08/20/2002? :D
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did you make ANY money by trading strategies from this book?
as far as i know-no one from tradestation forum can get acceptable results from backtesting. maybe you like a writing or style or how to program something in EL from it? the point of conversation here is not my webpage but-for to find out-how much and for what people will pay a money. all i say-average PL for all systems from this book is about 1.5%. go head and test it in real world. i bet-you will be surprised(and your wallet too).

i create my lame website for three reasons-1-practice in programming,2-to show that this is possible to have all those calculations in real time on web.3-after almost 2 years i still claim-that there is no such service on web, where you can find this particular info in real time for FREE. can you?
why i did not support it-that different story...
peace
 
Quote from Girlpower:



That would seem the most sensible thing to do imo. If it works so well - why the need to sell it at all (or even talk about selling it...)

Just trade and make money...

Best

Natalie
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.... if all you are doing is buying systems from others with no work input to develop your own trading methodology, then you will be in trouble if market conditions change in a way that does not benefit your purchased system - or you will be at the mercy of the vendor for charges to modify or provide another system. A better approach is to develop your own techniques from your own knowledge base - or develop your knowledge base first. If you have profitable techniques you can then hire people to trade them. Depending on outsiders who only are after your money is a bad strategy in my opinion .....
 
Quote from PoundTheRock:



I liked the book. If anyone wants to see crap, then they should check out your lame Web site.

Got any updates later than 08/20/2002? :D
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if authors of this crap or YOU come up with something like this-
then-i have no words. it make me laugh, when people claim to be-----Learn the art and science of trading systems from professional speculators. The authors share powerful long and short trading strategies that span all time frames, including over one hundred annotated charts with commentary and rationale--

professional speculators.
then i'm are f..g king of professional speculators and system designers and my books(with code for systems posted here) must be selled at least for 1K)))))
 
remember that results are based on fixed bet size of 1000(with 10K capital)-when you look on monthly or year report- % growth-is growth of whole account(not a bet size) if you choose to reinvest-you will come up with something like in my couple first posts here.(few B dollars). average holding period-2 days with expectancy more than 6%.
that why this book is crap and author status of pro speculator and pro system designer make me laugh.

peace
 
Quote from Bob111:

remember that results are based on fixed bet size of 1000(with 10K capital)-when you look on monthly or year report- % growth-is growth of whole account(not a bet size) if you choose to reinvest-you will come up with something like in my couple first posts here.(few B dollars). average holding period-2 days with expectancy more than 6%.
peace
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Bob, how many average trades per year in this strategy?
 
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